3-bed · 1,732 sqftMazaya 04, Liwan · 13th floor · completed 2014

1309, Mazaya 04

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

Unit 1309 · DLD and Ejari recordsUpdated 5 January 2023
Last soldAED 749K14 July 2015
Current rentAED 25K /yr5 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Mazaya 04

What is 1309 worth today?

Last sold for AED 749,367 in 2015

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5 Jan 2023RentedNew contract
AED 25,000/yr12 months · AED 14 per sqft
5 Jan 2023RentedNew contract · flagged as an outlier
AED 25,000/yr12 months · AED 14 per sqft
1 Aug 2021RentedRenewal
AED 65,000/yr12 months · AED 38 per sqft
1 Aug 2020RentedNew contract
AED 65,000/yr12 months · AED 38 per sqft
1 Aug 2017RentedNew contract
AED 80,000/yr12 months · AED 46 per sqft
5 Nov 2015RentedNew contract
AED 110,000/yr12 months · AED 63 per sqft
14 Jul 2015Sold by developerReady
AED 749,367AED 432 per sqft

Source: Dubai Land Department. Updated 5 January 2023.

Key facts

Type
3-bed apartment
Size
1,732 sqft
Floor
13th of 13
Parking
G-111
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,500 /yr
Last sold
AED 749K · July 2015
Building
Mazaya 04

About 1309, Mazaya 04

1309 is a three-bedroom apartment of 1,732 sqft on the 13th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 14 July 2015 for AED 749,367, or AED 432 per sqft, 20% above the AED 360 three-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 5 January 2023, is AED 25,000 a year: a gross yield of 3.3% on the 2015 price, before the service charge of about AED 9,500 a year.

Sales and rents for 1309 over time

Sales
Unit 1309, each saleTypical three-bed in Mazaya 04
500K1M2009201120132015Typical sale price by year: 2009 AED 1,218,797; 2015 AED 609,399Sold by developer, July 2015: AED 749,367 (AED 432 per sqft)

1309 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1309, each contractTypical three-bed in Mazaya 04
50K100K201520182021Typical rent by year: 2015 AED 105,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 79,000; 2019 AED 69,000; 2020 AED 60,000; 2021 AED 52,000New contract, November 2015: AED 110,000 a yearNew contract, August 2017: AED 80,000 a yearNew contract, August 2020: AED 65,000 a yearRenewal, August 2021: AED 65,000 a yearNew contract, January 2023: AED 25,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Mazaya 04, and where 1309 sits

All 16 3-beds →

1309 last sold in July 2015 at AED 432 per sqft, 20% above what three-beds in Mazaya 04 were fetching at the time (AED 360). Over the last 12 months three-beds sold for AED 870,000, around AED 514 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Jul 2026870,000
13 May 2022790,000
9 Feb 2022680,000
3 Jan 2021720,000
1 3-bed sale in the last 12 months

Mazaya 04

Building

216 apartments, 1-bed to 3-bed over 13 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 23 sold in the last 12 months.

Typical price per sqft
AED 557 Up 1.5%
Typical sale
AED 340K
Typical rent
AED 53K /yr
Typical yield
14.7%
Mazaya 04, Liwan: prices, sales and rents →

Other units on the 13th floor

All 216 units in Mazaya 04
Value
13012-bedAED 708K · May 2009
13022-bedAED 760K · Apr 2009
13032-bedAED 540K · Nov 2020
13041-bedAED 391K · Dec 2014
13051-bedAED 391K · Dec 2014
13062-bedAED 530K · Nov 2015
13072-bedAED 575K · Mar 2015
1–7 of 12

1309, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 14 July 2015 for AED 749,367, or AED 432 per sqft.
  • Rented since November 2015 on 6 Ejari contracts, from AED 110,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2015 price is 3.3%, before a service charge of about AED 9,500 a year (AED 5.49 per sqft).
  • Three-beds in Mazaya 04 sold for AED 870,000–870,000 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 5 January 2023.

Questions about 1309, Mazaya 04

What did unit 1309 last sell for?

AED 749,367 on 14 July 2015, sold by the developer: AED 432 per sqft for 1,732 sqft. It is the only registered sale of the unit.

What is the rent for unit 1309?

AED 25,000 a year on the contract signed on 5 January 2023. The previous contract, from January 2023, was AED 25,000; the unit has been rented since November 2015.

How big is unit 1309?

1,732 sqft (160.9 sqm): a three-bedroom apartment on the 13th floor of a 13-storey tower completed in 2014.

What is unit 1309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 04 sold for AED 870,000 to 870,000 in the last 12 months, around AED 514 per sqft.

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Mortgage on 1309, Mazaya 04

Starts from the last sale price (AED 749K, 14 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 749,367
Deposit, UAE resident (20%)
AED 149,873
Deposit, non-resident (40%)
AED 299,747
Monthly over 25 years at 3.7%
AED 3,066

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