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

309, Mazaya 01

Sold prices and rental history: sold 3 times, last in January 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 440K13 January 2015
Current rentAED 38K /yr9 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mazaya 01

What is 309 worth today?

Last sold for AED 440,000 in 2015

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9 Dec 2024RentedNew contract
AED 38,000/yr12 months · AED 59 per sqft
1 Oct 2023RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
25 Sep 2022RentedNew contract
AED 24,000/yr12 months · AED 37 per sqft
25 Aug 2021RentedRenewal
AED 22,000/yr12 months · AED 34 per sqft
25 Aug 2020RentedRenewal
AED 24,000/yr12 months · AED 37 per sqft
25 Aug 2019RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
23 Jul 2018RentedRenewal
AED 37,000/yr12 months · AED 57 per sqft
23 Jul 2017RentedNew contract
AED 42,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
1-bed apartment
Size
646 sqft
Floor
3rd of 9
Parking
G-60
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 440K · January 2015
Building
Mazaya 01

About 309, Mazaya 01

309 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 13 January 2015 for AED 440,000, or AED 680 per sqft, 5% above the AED 645 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 9 December 2024, is AED 38,000 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 6,600 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, December 2013: AED 440,000 (AED 680 per sqft)Sold by developer, December 2013: AED 582,465 (AED 901 per sqft)Sold, January 2015: AED 440,000 (AED 680 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Mazaya 01
20K40K2014201820222026Typical 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 45,000 a yearRenewal, July 2015: AED 46,000 a yearRenewal, July 2016: AED 46,000 a yearNew contract, July 2017: AED 42,000 a yearRenewal, July 2018: AED 37,000 a yearNew contract, August 2019: AED 30,000 a yearRenewal, August 2020: AED 24,000 a yearRenewal, August 2021: AED 22,000 a yearNew contract, September 2022: AED 24,000 a yearNew contract, October 2023: AED 30,000 a yearNew contract, December 2024: AED 38,000 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 309 sits

All 50 1-beds →

309 last sold in January 2015 at AED 680 per sqft, 5% above what one-beds in Mazaya 01 were fetching at the time (AED 645). 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. 309's AED 38,000 is in the lower half 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

309, Mazaya 01 in numbers

  • Sold 3 times: first on 17 December 2013 for AED 582,465, last on 13 January 2015 for AED 440,000 (AED 680 per sqft).
  • Rented since July 2014 on 11 Ejari contracts. The rent fell from AED 45,000 to AED 22,000 in 2021 and recovered to AED 38,000 by December 2024.
  • At AED 38,000 a year the gross yield on the 2015 price is 8.6%, 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 9 December 2024.

Questions about 309, Mazaya 01

What did unit 309 last sell for?

AED 440,000 on 13 January 2015: AED 680 per sqft for 646 sqft. The unit has 3 registered sales; the first was AED 582,465 in December 2013.

What is the rent for unit 309?

AED 38,000 a year on the contract signed on 9 December 2024. The previous contract, from October 2023, was AED 30,000; the unit has been rented since July 2014.

How big is unit 309?

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

What is unit 309 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 309, Mazaya 01

Starts from the last sale price (AED 440K, 13 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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