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1-bed · 28 sqftMazaya 03, Liwan · 3rd floor · completed 2014

301, Mazaya 03

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 15 June 2023
Last soldAED 20K15 June 2023
Current rentAED 25K /yr11 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, Mazaya 03

What is 301 worth today?

Last sold for AED 20,000 in 2023

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15 Jun 2023SoldReady
AED 20,000AED 722 per sqft
11 Dec 2021RentedNew contract
AED 24,500/yr12 months · AED 47 per sqft
1 Jul 2019RentedNew contract
AED 29,000/yr12 months · AED 56 per sqft
9 May 2016RentedRenewal
AED 48,000/yr12 months · AED 93 per sqft
25 Jun 2015Sold by developerReady
AED 188,734AED 362 per sqft
9 May 2015RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 15 June 2023.

Key facts

Type
1-bed apartment
Size
28 sqft
Floor
3rd of 14
Parking
G-44
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 200 /yr
Last sold
AED 20K · June 2023
Building
Mazaya 03

About 301, Mazaya 03

301 is a one-bedroom apartment of 28 sqft on the 3rd floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 15 June 2023 for AED 20,000, or AED 722 per sqft, 86% above the AED 389 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 11 December 2021, is AED 24,500 a year: a gross yield of 122.5% on the 2023 price, before the service charge of about AED 200 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in Mazaya 03
0200K400K2009201420192024Typical sale price by year: 2009 AED 461,258; 2013 AED 491,929; 2014 AED 457,725; 2015 AED 321,081; 2016 AED 450,000; 2017 AED 475,000; 2018 AED 400,000; 2019 AED 375,000; 2021 AED 310,000; 2025 AED 378,327; 2026 AED 450,000Sold by developer, June 2015: AED 188,734 (AED 362 per sqft)Sold, June 2023: AED 20,000 (AED 722 per sqft)

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

Rents
Unit 301, each contractTypical one-bed in Mazaya 03
20K40K20152017201920212023Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 47,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 25,000; 2022 AED 25,650New contract, May 2015: AED 48,000 a yearRenewal, May 2016: AED 48,000 a yearNew contract, July 2019: AED 29,000 a yearNew contract, December 2021: AED 24,500 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 03, and where 301 sits

All 147 1-beds →

301 last sold in June 2023 at AED 722 per sqft, 86% above what one-beds in Mazaya 03 were fetching at the time (AED 389). Over the last 12 months one-beds sold for AED 380,000 to 520,000, around AED 624 per sqft, and rent for AED 40,000 to 50,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jun 2026515,000
30 Apr 2026410,270
4 Apr 2026400,000
31 Jan 2026450,000
7 1-bed sales in the last 12 months

Mazaya 03

Building

219 apartments, studios to 3-bed over 14 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 11 sold in the last 12 months.

Typical price per sqft
AED 571
Typical sale
AED 515K
Typical rent
AED 50K /yr
Typical yield
7.1%
Mazaya 03, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 219 units in Mazaya 03
Value
3021-bedAED 408K · Jul 2016
3031-bedAED 490K · May 2016
3041-bedAED 443K · May 2009
3052-bedAED 816K · May 2009
3062-bedAED 834K · May 2009
3071-bedAED 339K · Jun 2015
3081-bedAED 658K · May 2009
1–7 of 18

301, Mazaya 03 in numbers

  • Sold twice: first on 25 June 2015 for AED 188,734, last on 15 June 2023 for AED 20,000 (AED 722 per sqft).
  • Rented since May 2015 on 4 Ejari contracts, from AED 48,000 to AED 24,500 a year.
  • At AED 24,500 a year the gross yield on the 2023 price is 122.5%, before a service charge of about AED 200 a year (AED 7.37 per sqft).
  • One-beds in Mazaya 03 sold for AED 380,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.

Source: Dubai Land Department. Updated 15 June 2023.

Questions about 301, Mazaya 03

What did unit 301 last sell for?

AED 20,000 on 15 June 2023: AED 722 per sqft for 28 sqft. The unit has 2 registered sales; the first was AED 188,734 in June 2015.

What is the rent for unit 301?

AED 24,500 a year on the contract signed on 11 December 2021. The previous contract, from July 2019, was AED 29,000; the unit has been rented since May 2015.

How big is unit 301?

28 sqft (2.6 sqm): a one-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2014.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 03 sold for AED 380,000 to 520,000 in the last 12 months, around AED 624 per sqft.

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Mortgage on 301, Mazaya 03

Starts from the last sale price (AED 20K, 15 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 20,000
Deposit, UAE resident (20%)
AED 4,000
Deposit, non-resident (40%)
AED 8,000
Monthly over 25 years at 3.7%
AED 82

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