1-bed · 722 sqftMazaya 02, Liwan · 3rd floor · completed 2014

311, Mazaya 02

Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 15 June 2020
Last soldAED 530K11 January 2018
Current rentAED 27K /yr15 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Mazaya 02

What is 311 worth today?

Last sold for AED 530,000 in 2018

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15 Jun 2020RentedNew contract
AED 27,000/yr12 months · AED 37 per sqft
1 Feb 2019RentedRenewal
AED 40,000/yr12 months · AED 55 per sqft
1 Feb 2018RentedNew contract
AED 46,000/yr12 months · AED 64 per sqft
11 Jan 2018Sold by developerReady
AED 530,000AED 733 per sqft

Source: Dubai Land Department. Updated 15 June 2020.

Key facts

Type
1-bed apartment
Size
722 sqft
Floor
3rd of 9
Parking
G-19
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 530K · January 2018
Building
Mazaya 02

About 311, Mazaya 02

311 is a one-bedroom apartment of 722 sqft on the 3rd floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 11 January 2018 for AED 530,000, or AED 733 per sqft, 10% above the AED 669 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 15 June 2020, is AED 27,000 a year: a gross yield of 5.1% on the 2018 price, before the service charge of about AED 6,900 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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 2018: AED 530,000 (AED 733 per sqft)

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

Rents
Unit 311, each contractTypical one-bed in Mazaya 02
30K40K50K2017202020232026Typical 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, February 2018: AED 46,000 a yearRenewal, February 2019: AED 40,000 a yearNew contract, June 2020: AED 27,000 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 02, and where 311 sits

All 56 1-beds →

311 last sold in January 2018 at AED 733 per sqft, 10% above what one-beds in Mazaya 02 were fetching at the time (AED 669). 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. 311's AED 27,000 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

311, Mazaya 02 in numbers

  • Sold once: by Al Mazaya Real Estate on 11 January 2018 for AED 530,000, or AED 733 per sqft.
  • Rented since February 2018 on 3 Ejari contracts, from AED 46,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2018 price is 5.1%, before a service charge of about AED 6,900 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 15 June 2020.

Questions about 311, Mazaya 02

What did unit 311 last sell for?

AED 530,000 on 11 January 2018, sold by the developer: AED 733 per sqft for 722 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 27,000 a year on the contract signed on 15 June 2020. The previous contract, from February 2019, was AED 40,000; the unit has been rented since February 2018.

How big is unit 311?

722 sqft (67.1 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 02 sold for AED 499,000 to 655,000 in the last 12 months, around AED 741 per sqft.

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Mortgage on 311, Mazaya 02

Starts from the last sale price (AED 530K, 11 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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