306, Mazaya 03
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Mazaya 03
What is 306 worth today?
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Source: Dubai Land Department. Updated 10 September 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,214 sqft
- Floor
- 3rd of 14
- Parking
- B-71
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 8,900 /yr
- Last sold
- AED 834K · May 2009
- Building
- Mazaya 03
About 306, Mazaya 03
306 is a two-bedroom apartment of 1,214 sqft on the 3rd floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 6 May 2009 for AED 834,393, or AED 687 per sqft, 5% below the AED 725 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 10 September 2020, is AED 36,000 a year: a gross yield of 4.3% on the 2009 price, before the service charge of about AED 8,900 a year.
Sales and rents for 306 over time
306 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 03, and where 306 sits
All 58 2-beds →306 last sold in May 2009 at AED 687 per sqft, 5% below what two-beds in Mazaya 03 were fetching at the time (AED 725). Over the last 12 months two-beds sold for AED 680,000 to 700,000, around AED 561 per sqft, and rent for AED 50,000 to 50,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 May 202612 May 2026 | 1,246 sqft | 700,000 | 561 | ||
| 29 Apr 202629 April 2026 | 1,501 sqft | 700,000 | 466 | ||
| 13 Feb 202613 February 2026 | 1,168 sqft | 680,000 | 582 | ||
| 30 Mar 202230 March 2022 | 1,214 sqft | 452,000 | 372 |
Mazaya 03
Building219 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%
Other units on the 3rd floor
All 219 units in Mazaya 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 28 sqft | AED 20KAED 20,000 · Jun 2023June 2023 | 24,500 /yr | |
| 302 | 1-bed | 588 sqft | AED 408KAED 408,000 · Jul 2016July 2016 | 23,000 /yr | |
| 303 | 1-bed | 636 sqft | AED 490KAED 490,000 · May 2016May 2016 | 30,000 /yr | |
| 304 | 1-bed | 642 sqft | AED 443KAED 442,535 · May 2009May 2009 | ||
| 305 | 2-bed | 1,168 sqft | AED 816KAED 815,922 · May 2009May 2009 | 38,000 /yr | |
| 307 | 1-bed | 910 sqft | AED 339KAED 338,689 · Jun 2015June 2015 | 25,000 /yr | |
| 308 | 1-bed | 893 sqft | AED 658KAED 658,377 · May 2009May 2009 | 30,000 /yr | |
| 309 | 1-bed | 933 sqft | AED 575KAED 575,000 · Nov 2017November 2017 | 58,000 /yr | |
| 310 | 1-bed | 618 sqft | AED 500KAED 500,000 · Jul 2015July 2015 | 23,000 /yr | |
| 311 | 1-bed | 618 sqft | AED 490KAED 490,000 · Feb 2017February 2017 | 23,000 /yr | |
| 312 | 1-bed | 619 sqft | AED 275KAED 275,000 · May 2021May 2021 | 25,000 /yr | |
| 313 | 1-bed | 609 sqft | AED 426KAED 425,743 · May 2009May 2009 | 35,000 /yr | |
| 314 | 2-bed | 1,294 sqft | AED 885KAED 884,813 · May 2009May 2009 | 40,000 /yr | |
| 315 | 2-bed | 1,098 sqft | AED 800KAED 800,000 · Feb 2014February 2014 | 39,000 /yr | |
| 316 | 1-bed | 632 sqft | AED 434KAED 433,789 · May 2009May 2009 | 21,000 /yr | |
| 317 | 1-bed | 834 sqft | AED 341KAED 341,085 · Jun 2015June 2015 | 26,000 /yr | |
| 318 | 1-bed | 781 sqft | AED 495KAED 495,000 · May 2018May 2018 | 34,000 /yr | |
| 319 | 1-bed | 515 sqft | AED 460KAED 460,000 · Sep 2016September 2016 | 104,500 /yr |
306, Mazaya 03 in numbers
- Sold once: by Al Mazaya Real Estate on 6 May 2009 for AED 834,393, or AED 687 per sqft.
- Rented since May 2017 on 4 Ejari contracts, from AED 64,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2009 price is 4.3%, before a service charge of about AED 8,900 a year (AED 7.37 per sqft).
- Two-beds in Mazaya 03 sold for AED 680,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.
Source: Dubai Land Department. Updated 10 September 2020.
Questions about 306, Mazaya 03
What did unit 306 last sell for?
AED 834,393 on 6 May 2009, sold by the developer: AED 687 per sqft for 1,214 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 36,000 a year on the contract signed on 10 September 2020. The previous contract, from May 2019, was AED 58,000; the unit has been rented since May 2017.
How big is unit 306?
1,214 sqft (112.8 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2014.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 03 sold for AED 680,000 to 700,000 in the last 12 months, around AED 561 per sqft.
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Mortgage on 306, Mazaya 03
Starts from the last sale price (AED 834K, 6 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 834,393
- Deposit, UAE resident (20%)
- AED 166,879
- Deposit, non-resident (40%)
- AED 333,757
- Monthly over 25 years at 3.7%
- AED 3,414
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →