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1-bed · 661 sqftMazaya 01, Liwan · 3rd floor · completed 2014

311, Mazaya 01

Sold prices and rental history: sold 3 times, last in June 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 14 November 2024
Last soldAED 500K3 June 2014
Current rentAED 49K /yr14 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311, Mazaya 01

What is 311 worth today?

Last sold for AED 500,000 in 2014

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14 Nov 2024RentedNew contract
AED 49,000/yr12 months · AED 75 per sqft
1 Jul 2022RentedNew contract
AED 32,000/yr12 months · AED 49 per sqft
3 Jun 2014SoldReady
AED 500,000AED 756 per sqft
26 May 2014SoldReady
AED 426,342AED 645 per sqft
5 Feb 2009Sold by developerOff-plan
AED 426,342AED 645 per sqft

Source: Dubai Land Department. Updated 14 November 2024.

Key facts

Type
1-bed apartment
Size
661 sqft
Floor
3rd of 9
Parking
G-38
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,800 /yr
Last sold
AED 500K · June 2014
Building
Mazaya 01

About 311, Mazaya 01

311 is a one-bedroom apartment of 661 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 3 June 2014 for AED 500,000, or AED 756 per sqft, 12% above the AED 674 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 14 November 2024, is AED 49,000 a year: a gross yield of 9.8% on the 2014 price, before the service charge of about AED 6,800 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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, February 2009: AED 426,342 (AED 645 per sqft)Sold, May 2014: AED 426,342 (AED 645 per sqft)Sold, June 2014: AED 500,000 (AED 756 per sqft)

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

Rents
Unit 311, 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 2022: AED 32,000 a yearNew contract, November 2024: AED 49,000 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 311 sits

All 50 1-beds →

311 last sold in June 2014 at AED 756 per sqft, 12% above what one-beds in Mazaya 01 were fetching at the time (AED 674). 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. 311's AED 49,000 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

311, Mazaya 01 in numbers

  • Sold 3 times: first on 5 February 2009 for AED 426,342, last on 3 June 2014 for AED 500,000 (AED 756 per sqft).
  • Rented since July 2022 on 2 Ejari contracts, from AED 32,000 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2014 price is 9.8%, before a service charge of about AED 6,800 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 14 November 2024.

Questions about 311, Mazaya 01

What did unit 311 last sell for?

AED 500,000 on 3 June 2014: AED 756 per sqft for 661 sqft. The unit has 3 registered sales; the first was AED 426,342 in February 2009.

What is the rent for unit 311?

AED 49,000 a year on the contract signed on 14 November 2024. The previous contract, from July 2022, was AED 32,000.

How big is unit 311?

661 sqft (61.4 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2014.

What is unit 311 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 311, Mazaya 01

Starts from the last sale price (AED 500K, 3 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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