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1-bed · 893 sqftMazaya 03, Liwan · 3rd floor · completed 2014

308, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 658K4 May 2009
Current rentAED 30K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Mazaya 03

What is 308 worth today?

Last sold for AED 658,377 in 2009

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15 Aug 2025RentedNew contract
AED 30,000/yr12 months · AED 34 per sqft
15 May 2021RentedNew contract
AED 32,000/yr12 months · AED 36 per sqft
15 May 2019RentedRenewal
AED 43,000/yr12 months · AED 48 per sqft
15 May 2018RentedRenewal
AED 50,000/yr12 months · AED 56 per sqft
15 May 2017RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
25 Mar 2015RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
4 May 2009Sold by developerOff-plan
AED 658,377AED 736 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
893 sqft
Floor
3rd of 14
Parking
G-5
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 658K · May 2009
Building
Mazaya 03

About 308, Mazaya 03

308 is a one-bedroom apartment of 893 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 4 May 2009 for AED 658,377, or AED 736 per sqft, 5% above the AED 698 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 15 August 2025, is AED 30,000 a year: a gross yield of 4.6% on the 2009 price, before the service charge of about AED 6,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Mazaya 03
400K600K2009201420192024Typical 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, May 2009: AED 658,377 (AED 736 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Mazaya 03
20K40K60K2015201820212024Typical 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, March 2015: AED 60,000 a yearNew contract, May 2017: AED 55,000 a yearRenewal, May 2018: AED 50,000 a yearRenewal, May 2019: AED 43,000 a yearNew contract, May 2021: AED 32,000 a yearNew contract, August 2025: AED 30,000 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 308 sits

All 147 1-beds →

308 last sold in May 2009 at AED 736 per sqft, 5% above what one-beds in Mazaya 03 were fetching at the time (AED 698). 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
3071-bedAED 339K · Jun 2015
1–7 of 18

308, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 4 May 2009 for AED 658,377, or AED 736 per sqft.
  • Rented since March 2015 on 6 Ejari contracts, from AED 60,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2009 price is 4.6%, before a service charge of about AED 6,600 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 August 2025.

Questions about 308, Mazaya 03

What did unit 308 last sell for?

AED 658,377 on 4 May 2009, sold by the developer: AED 736 per sqft for 893 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 30,000 a year on the contract signed on 15 August 2025. The previous contract, from May 2021, was AED 32,000; the unit has been rented since March 2015.

How big is unit 308?

893 sqft (83.0 sqm): a one-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2014.

What is unit 308 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 308, Mazaya 03

Starts from the last sale price (AED 658K, 4 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 658,377
Deposit, UAE resident (20%)
AED 131,675
Deposit, non-resident (40%)
AED 263,351
Monthly over 25 years at 3.7%
AED 2,694

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