
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.
Property timeline for 308, Mazaya 01
What is 308 worth today?
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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
308 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 937 sqft | 480,000 | 512 | ||
| 1 Oct 20261 October 2026 | 646 sqft | 510,000 | 789 | ||
| 24 Sep 202624 September 2026 | 646 sqft | 480,000 | 742 | ||
| 14 Aug 202614 August 2026 | 650 sqft | 515,000 | 792 |
Mazaya 01
Building78 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%
Other units on the 3rd floor
All 78 units in Mazaya 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 938 sqft | AED 325KAED 325,000 · Dec 2020December 2020 | 53,000 /yr | |
| 302 | 1-bed | 643 sqft | AED 570KAED 570,000 · Jan 2026January 2026 | 58,000 /yr | |
| 303 | 1-bed | 643 sqft | AED 495KAED 495,000 · Jul 2026July 2026 | 45,000 /yr | |
| 304 | 1-bed | 937 sqft | AED 385KAED 385,000 · May 2020May 2020 | 34,600 /yr | |
| 305 | 1-bed | 638 sqft | AED 550KAED 550,000 · Jun 2015June 2015 | 53,000 /yr | |
| 306 | 1-bed | 661 sqft | AED 260KAED 260,000 · Dec 2014December 2014 | 46,000 /yr | |
| 307 | 1-bed | 992 sqft | AED 800KAED 800,000 · Feb 2017February 2017 | 52,000 /yr | |
| 309 | 1-bed | 646 sqft | AED 440KAED 440,000 · Jan 2015January 2015 | 38,000 /yr | |
| 310 | 1-bed | 971 sqft | AED 656KAED 656,136 · Feb 2009February 2009 | 48,000 /yr | |
| 311 | 1-bed | 661 sqft | AED 500KAED 500,000 · Jun 2014June 2014 | 49,000 /yr | |
| 312 | 1-bed | 638 sqft | AED 290KAED 290,000 · Sep 2022September 2022 | 40,000 /yr |
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 →