2-bed · 1,348 sqftMazaya 02, Liwan · 3rd floor · completed 2014

309, Mazaya 02

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 27 September 2023
Last soldAED 699K27 September 2023
Current rentAED 42K /yr20 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mazaya 02

What is 309 worth today?

Last sold for AED 699,000 in 2023

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27 Sep 2023SoldReady
AED 699,000AED 518 per sqft
20 Apr 2022RentedRenewal
AED 42,000/yr12 months · AED 31 per sqft
20 Apr 2021RentedRenewal
AED 40,000/yr12 months · AED 30 per sqft
20 Apr 2020RentedRenewal
AED 48,000/yr12 months · AED 36 per sqft
20 Apr 2019RentedRenewal
AED 60,000/yr12 months · AED 45 per sqft
20 Apr 2018RentedNew contract
AED 62,000/yr12 months · AED 46 per sqft
3 Apr 2018SoldReady
AED 456,690AED 338 per sqft
29 Nov 2015Sold by developerOff-plan
AED 456,690AED 338 per sqft

Source: Dubai Land Department. Updated 27 September 2023.

Key facts

Type
2-bed apartment
Size
1,348 sqft
Floor
3rd of 9
Parking
F-17
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,800 /yr
Last sold
AED 699K · September 2023
Building
Mazaya 02

About 309, Mazaya 02

309 is a two-bedroom apartment of 1,348 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 27 September 2023 for AED 699,000, or AED 518 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 20 April 2022, is AED 42,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 12,800 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical two-bed in Mazaya 02
500K750K1M2009201420192024Typical sale price by year: 2009 AED 926,448; 2015 AED 456,690; 2017 AED 860,022; 2018 AED 449,453; 2019 AED 750,000; 2023 AED 694,500; 2024 AED 730,000; 2025 AED 717,500; 2026 AED 915,000Sold by developer, November 2015: AED 456,690 (AED 338 per sqft)Sold, April 2018: AED 456,690 (AED 338 per sqft)Sold, September 2023: AED 699,000 (AED 518 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in Mazaya 02
40K60K2017202020232026Typical rent by year: 2017 AED 67,318; 2018 AED 62,000; 2019 AED 54,000; 2020 AED 48,000; 2021 AED 40,000; 2022 AED 43,000; 2023 AED 46,650; 2024 AED 51,600; 2025 AED 67,000; 2026 AED 70,000New contract, April 2018: AED 62,000 a yearRenewal, April 2019: AED 60,000 a yearRenewal, April 2020: AED 48,000 a yearRenewal, April 2021: AED 40,000 a yearRenewal, April 2022: AED 42,000 a year

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

2-beds in Mazaya 02, and where 309 sits

All 29 2-beds →

Over the last 12 months two-beds sold for AED 850,000 to 965,000, around AED 716 per sqft, and rent for AED 52,330 to 85,000 a year. 309's AED 42,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Aug 2026915,000
27 Jul 2026965,000
8 Apr 2026850,000
30 Apr 2025777,898
3 2-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

309, Mazaya 02 in numbers

  • Sold 3 times: first on 29 November 2015 for AED 456,690, last on 27 September 2023 for AED 699,000 (AED 518 per sqft).
  • Rented since April 2018 on 5 Ejari contracts, from AED 62,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 12,800 a year (AED 9.51 per sqft).
  • Two-beds in Mazaya 02 sold for AED 850,000–965,000 in the 12 months to November 2026; the building's median across all types is AED 727 per sqft.

Source: Dubai Land Department. Updated 27 September 2023.

Questions about 309, Mazaya 02

What did unit 309 last sell for?

AED 699,000 on 27 September 2023: AED 518 per sqft for 1,348 sqft. The unit has 3 registered sales; the first was AED 456,690 in November 2015.

What is the rent for unit 309?

AED 42,000 a year on the contract renewed on 20 April 2022. The previous contract, from April 2021, was AED 40,000; the unit has been rented since April 2018.

How big is unit 309?

1,348 sqft (125.2 sqm): a two-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. Two-beds in Mazaya 02 sold for AED 850,000 to 965,000 in the last 12 months, around AED 716 per sqft.

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Mortgage on 309, Mazaya 02

Starts from the last sale price (AED 699K, 27 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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