1-bed · 646 sqftMazaya 01, Liwan · 3rd floor · completed 2014

308, Mazaya 01

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 8 November 2024
Last soldAED 385K8 November 2024
Current rentAED 30K /yr11 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya 01

What is 308 worth today?

Last sold for AED 385,000 in 2024

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8 Nov 2024SoldReady
AED 385,000AED 595 per sqft
11 Sep 2023RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
11 Sep 2022RentedNew contract
AED 29,000/yr12 months · AED 45 per sqft
21 Mar 2022SoldReady
AED 285,000AED 440 per sqft
16 Sep 2021RentedNew contract
AED 26,000/yr12 months · AED 40 per sqft
12 Sep 2020RentedRenewal
AED 26,000/yr12 months · AED 40 per sqft
12 Sep 2019RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
5 Aug 2017RentedNew contract
AED 42,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 8 November 2024.

Key facts

Type
1-bed apartment
Size
646 sqft
Floor
3rd of 9
Parking
G-61
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 385K · November 2024
Building
Mazaya 01

About 308, Mazaya 01

308 is a one-bedroom apartment of 646 sqft on the 3rd floor of Mazaya 01, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 8 November 2024 for AED 385,000, or AED 595 per sqft, 4% above the AED 572 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 11 September 2023, is AED 30,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 6,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Mazaya 01
400K600K2009201420192024Typical sale price by year: 2009 AED 426,342; 2014 AED 426,342; 2015 AED 540,000; 2016 AED 660,000; 2017 AED 530,000; 2018 AED 385,000; 2022 AED 290,000; 2023 AED 336,500; 2024 AED 415,000; 2025 AED 480,000; 2026 AED 512,500Sold by developer, August 2014: AED 417,764 (AED 646 per sqft)Sold, March 2022: AED 285,000 (AED 440 per sqft)Sold, November 2024: AED 385,000 (AED 595 per sqft)

308 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 308, each contractTypical one-bed in Mazaya 01
40K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 50,000; 2016 AED 50,000; 2017 AED 45,500; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 29,900; 2023 AED 34,500; 2024 AED 44,000; 2025 AED 48,000; 2026 AED 48,000New contract, July 2014: AED 48,000 a yearNew contract, August 2017: AED 42,000 a yearNew contract, September 2019: AED 30,000 a yearRenewal, September 2020: AED 26,000 a yearNew contract, September 2021: AED 26,000 a yearNew contract, September 2022: AED 29,000 a yearNew contract, September 2023: AED 30,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mazaya 01, and where 308 sits

All 50 1-beds →

308 last sold in November 2024 at AED 595 per sqft, 4% above what one-beds in Mazaya 01 were fetching at the time (AED 572). Over the last 12 months one-beds sold for AED 480,000 to 660,000, around AED 749 per sqft, and rent for AED 34,415 to 65,000 a year. 308's AED 30,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2026480,000
1 Oct 2026510,000
24 Sep 2026480,000
14 Aug 2026515,000
11 1-bed sales in the last 12 months

Mazaya 01

Building

78 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 13 sold in the last 12 months.

Typical price per sqft
AED 742 Up 14.1%
Typical sale
AED 520K
Typical rent
AED 51K /yr
Typical yield
8.0%
Mazaya 01, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 78 units in Mazaya 01
Value
3011-bedAED 325K · Dec 2020
3021-bedAED 570K · Jan 2026
3031-bedAED 495K · Jul 2026
3041-bedAED 385K · May 2020
3051-bedAED 550K · Jun 2015
3061-bedAED 260K · Dec 2014
3071-bedAED 800K · Feb 2017
1–7 of 11

308, Mazaya 01 in numbers

  • Sold 3 times: first on 7 August 2014 for AED 417,764, last on 8 November 2024 for AED 385,000 (AED 595 per sqft).
  • Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 26,000 in 2021 and recovered to AED 30,000 by September 2023.
  • At AED 30,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 6,600 a year (AED 10.28 per sqft).
  • One-beds in Mazaya 01 sold for AED 480,000–660,000 in the 12 months to November 2026; the building's median across all types is AED 742 per sqft.

Source: Dubai Land Department. Updated 8 November 2024.

Questions about 308, Mazaya 01

What did unit 308 last sell for?

AED 385,000 on 8 November 2024: AED 595 per sqft for 646 sqft. The unit has 3 registered sales; the first was AED 417,764 in August 2014.

What is the rent for unit 308?

AED 30,000 a year on the contract signed on 11 September 2023. The previous contract, from September 2022, was AED 29,000; the unit has been rented since July 2014.

How big is unit 308?

646 sqft (60.0 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2014.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 01 sold for AED 480,000 to 660,000 in the last 12 months, around AED 749 per sqft.

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Mortgage on 308, Mazaya 01

Starts from the last sale price (AED 385K, 8 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →