1-bed · 769 sqftMazaya 02, Liwan · 3rd floor · completed 2014

308, Mazaya 02

Sold prices and rental history: sold twice, last in April 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 13 January 2025
Last soldAED 258K22 April 2018
Current rentAED 40K /yr13 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya 02

What is 308 worth today?

Last sold for AED 257,958 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Jan 2025RentedNew contract
AED 39,893/yr12 months · AED 52 per sqft
1 Oct 2024RentedRenewal
AED 28,800/yr12 months · AED 38 per sqft
1 Oct 2023RentedRenewal
AED 24,000/yr12 months · AED 31 per sqft
1 Oct 2022RentedRenewal
AED 24,000/yr12 months · AED 31 per sqft
1 Oct 2021RentedRenewal
AED 21,000/yr12 months · AED 27 per sqft
1 Oct 2020RentedNew contract
AED 21,000/yr12 months · AED 27 per sqft
1 Sep 2019RentedNew contract
AED 29,834/yr12 months · AED 39 per sqft
1 Sep 2018RentedRenewal
AED 40,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 13 January 2025.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
3rd of 9
Parking
F-01
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,300 /yr
Last sold
AED 258K · April 2018
Building
Mazaya 02

About 308, Mazaya 02

308 is a one-bedroom apartment of 769 sqft on the 3rd floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 22 April 2018 for AED 257,958, or AED 335 per sqft, 5% below the AED 354 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 13 January 2025, is AED 39,893 a year: a gross yield of 15.5% on the 2018 price, before the service charge of about AED 7,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Mazaya 02
400K600K2009201420192024Typical sale price by year: 2009 AED 506,552; 2015 AED 317,285; 2016 AED 508,091; 2017 AED 513,000; 2018 AED 275,213; 2020 AED 325,000; 2022 AED 300,000; 2023 AED 380,000; 2024 AED 385,000; 2025 AED 550,000; 2026 AED 561,825Sold by developer, January 2016: AED 257,958 (AED 335 per sqft)Sold, April 2018: AED 257,958 (AED 335 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Mazaya 02
20K40K2017202020232026Typical rent by year: 2017 AED 47,500; 2018 AED 44,000; 2019 AED 36,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 35,101; 2024 AED 41,140; 2025 AED 48,000; 2026 AED 48,000New contract, September 2017: AED 40,000 a yearRenewal, September 2018: AED 40,000 a yearNew contract, September 2019: AED 29,834 a yearNew contract, October 2020: AED 21,000 a yearRenewal, October 2021: AED 21,000 a yearRenewal, October 2022: AED 24,000 a yearRenewal, October 2023: AED 24,000 a yearRenewal, October 2024: AED 28,800 a yearNew contract, January 2025: AED 39,893 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 02, and where 308 sits

All 56 1-beds →

308 last sold in April 2018 at AED 335 per sqft, 5% below what one-beds in Mazaya 02 were fetching at the time (AED 354). Over the last 12 months one-beds sold for AED 499,000 to 655,000, around AED 741 per sqft, and rent for AED 41,607 to 60,000 a year. 308's AED 39,893 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Oct 2026620,000
26 Oct 2026573,650
27 Apr 2026499,000
29 Jan 2026550,000
7 1-bed sales in the last 12 months

Mazaya 02

Building

91 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.

Typical price per sqft
AED 727 Up 26.2%
Typical sale
AED 597K
Typical rent
AED 53K /yr
Typical yield
8.2%
Mazaya 02, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 91 units in Mazaya 02
Value
3011-bedAED 320K · Dec 2020
3022-bedAED 710K · Jan 2025
3032-bedAED 650K · Nov 2023
3041-bedAED 655K · Jan 2026
3051-bedAED 560K · Jun 2025
3061-bedAED 333K · Nov 2015
3071-bedAED 570K · Aug 2025
1–7 of 11

308, Mazaya 02 in numbers

  • Sold twice: first on 12 January 2016 for AED 257,958, last on 22 April 2018 for AED 257,958 (AED 335 per sqft).
  • Rented since September 2017 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 21,000 in 2021 and recovered to AED 39,893 by January 2025.
  • At AED 39,893 a year the gross yield on the 2018 price is 15.5%, before a service charge of about AED 7,300 a year (AED 9.51 per sqft).
  • One-beds in Mazaya 02 sold for AED 499,000–655,000 in the 12 months to November 2026; the building's median across all types is AED 727 per sqft.

Source: Dubai Land Department. Updated 13 January 2025.

Questions about 308, Mazaya 02

What did unit 308 last sell for?

AED 257,958 on 22 April 2018: AED 335 per sqft for 769 sqft. The unit has 2 registered sales; the first was AED 257,958 in January 2016.

What is the rent for unit 308?

AED 39,893 a year on the contract signed on 13 January 2025. The previous contract, from October 2024, was AED 28,800; the unit has been rented since September 2017.

How big is unit 308?

769 sqft (71.4 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 02 sold for AED 499,000 to 655,000 in the last 12 months, around AED 741 per sqft.

Selling 308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 308, Mazaya 02

Starts from the last sale price (AED 258K, 22 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 257,958
Deposit, UAE resident (20%)
AED 51,592
Deposit, non-resident (40%)
AED 103,183
Monthly over 25 years at 3.7%
AED 1,055

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