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1-bed · 910 sqftMazaya 03, Liwan · 3rd floor · completed 2014

307, Mazaya 03

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

Unit 307 · DLD and Ejari recordsUpdated 20 November 2021
Last soldAED 339K17 June 2015
Current rentAED 25K /yr20 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 307, Mazaya 03

What is 307 worth today?

Last sold for AED 338,689 in 2015

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20 Nov 2021RentedRenewal
AED 25,000/yr12 months · AED 27 per sqft
20 Nov 2020RentedNew contract
AED 25,000/yr12 months · AED 27 per sqft
1 Sep 2017RentedNew contract
AED 46,000/yr12 months · AED 50 per sqft
1 Jun 2016RentedNew contract
AED 56,000/yr12 months · AED 61 per sqft
17 Jun 2015Sold by developerReady
AED 338,689AED 372 per sqft
1 Jun 2015RentedNew contract
AED 56,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 20 November 2021.

Key facts

Type
1-bed apartment
Size
910 sqft
Floor
3rd of 14
Parking
B-55
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 339K · June 2015
Building
Mazaya 03

About 307, Mazaya 03

307 is a one-bedroom apartment of 910 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 17 June 2015 for AED 338,689, or AED 372 per sqft, in line with the AED 372 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 20 November 2021, is AED 25,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 6,700 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Mazaya 03
300K400K500K2009201420192024Typical 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 338,689 (AED 372 per sqft)

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

Rents
Unit 307, each contractTypical one-bed in Mazaya 03
20K40K60K20152017201920212023Typical 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, June 2015: AED 56,000 a yearNew contract, June 2016: AED 56,000 a yearNew contract, September 2017: AED 46,000 a yearNew contract, November 2020: AED 25,000 a yearRenewal, November 2021: AED 25,000 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 03, and where 307 sits

All 147 1-beds →

307 last sold in June 2015 at AED 372 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 372). 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
3011-bedAED 20K · Jun 2023
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
3081-bedAED 658K · May 2009
1–7 of 18

307, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 17 June 2015 for AED 338,689, or AED 372 per sqft.
  • Rented since June 2015 on 5 Ejari contracts, from AED 56,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 6,700 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 20 November 2021.

Questions about 307, Mazaya 03

What did unit 307 last sell for?

AED 338,689 on 17 June 2015, sold by the developer: AED 372 per sqft for 910 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 25,000 a year on the contract renewed on 20 November 2021. The previous contract, from November 2020, was AED 25,000; the unit has been rented since June 2015.

How big is unit 307?

910 sqft (84.5 sqm): a one-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2014.

What is unit 307 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 307, Mazaya 03

Starts from the last sale price (AED 339K, 17 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 338,689
Deposit, UAE resident (20%)
AED 67,738
Deposit, non-resident (40%)
AED 135,476
Monthly over 25 years at 3.7%
AED 1,386

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