2-bed · 1,029 sqftMazaya 04, Liwan · 3rd floor · completed 2014

302, 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 302 · DLD and Ejari recordsUpdated 20 March 2021
Last soldAED 377K14 July 2015
Current rentAED 44K /yr20 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Mazaya 04

What is 302 worth today?

Last sold for AED 377,147 in 2015

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20 Mar 2021RentedRenewal
AED 44,000/yr12 months · AED 43 per sqft
20 Mar 2020RentedRenewal
AED 50,000/yr12 months · AED 48 per sqft
20 Mar 2019RentedRenewal
AED 56,000/yr12 months · AED 54 per sqft
14 Jul 2015Sold by developerReady
AED 377,147AED 366 per sqft
5 Feb 2015RentedNew contract
AED 72,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 20 March 2021.

Key facts

Type
2-bed apartment
Size
1,029 sqft
Floor
3rd of 13
Parking
B-53
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,600 /yr
Last sold
AED 377K · July 2015
Building
Mazaya 04

About 302, Mazaya 04

302 is a two-bedroom apartment of 1,029 sqft on the 3rd 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 377,147, or AED 366 per sqft, 5% below the AED 387 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 20 March 2021, is AED 44,000 a year: a gross yield of 11.7% on the 2015 price, before the service charge of about AED 5,600 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Mazaya 04
400K600K800K2009201420192024Typical sale price by year: 2009 AED 794,680; 2014 AED 576,631; 2015 AED 529,590; 2016 AED 750,000; 2017 AED 700,000; 2018 AED 725,000; 2020 AED 540,000; 2021 AED 455,000; 2026 AED 585,000Sold by developer, July 2015: AED 377,147 (AED 366 per sqft)

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

Rents
Unit 302, each contractTypical two-bed in Mazaya 04
40K60K80K2014201720202023Typical rent by year: 2014 AED 80,000; 2015 AED 72,000; 2016 AED 71,000; 2017 AED 65,000; 2018 AED 60,000; 2019 AED 48,000; 2020 AED 42,500; 2021 AED 38,000; 2022 AED 40,000New contract, February 2015: AED 72,000 a yearRenewal, March 2019: AED 56,000 a yearRenewal, March 2020: AED 50,000 a yearRenewal, March 2021: AED 44,000 a year

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

2-beds in Mazaya 04, and where 302 sits

All 60 2-beds →

302 last sold in July 2015 at AED 366 per sqft, 5% below what two-beds in Mazaya 04 were fetching at the time (AED 387). Over the last 12 months two-beds sold for AED 540,645 to 705,052, around AED 506 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 2026620,000
21 Sep 2026540,645
17 Feb 2026705,052
19 Jan 2026550,000
4 2-bed sales 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 3rd floor

All 216 units in Mazaya 04
Value
3011-bedAED 311K · Jan 2015
3032-bedAED 425K · Apr 2015
3041-bedAED 325K · May 2025
3051-bedAED 350K · May 2025
3061-bedAED 379K · Feb 2015
3071-bedAED 305K · Jun 2020
3081-bedAED 673K · Feb 2015
1–7 of 18

302, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 14 July 2015 for AED 377,147, or AED 366 per sqft.
  • Rented since February 2015 on 4 Ejari contracts, from AED 72,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2015 price is 11.7%, before a service charge of about AED 5,600 a year (AED 5.49 per sqft).
  • Two-beds in Mazaya 04 sold for AED 540,645–705,052 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 20 March 2021.

Questions about 302, Mazaya 04

What did unit 302 last sell for?

AED 377,147 on 14 July 2015, sold by the developer: AED 366 per sqft for 1,029 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 44,000 a year on the contract renewed on 20 March 2021. The previous contract, from March 2020, was AED 50,000; the unit has been rented since February 2015.

How big is unit 302?

1,029 sqft (95.6 sqm): a two-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2014.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 04 sold for AED 540,645 to 705,052 in the last 12 months, around AED 506 per sqft.

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Mortgage on 302, Mazaya 04

Starts from the last sale price (AED 377K, 14 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 377,147
Deposit, UAE resident (20%)
AED 75,429
Deposit, non-resident (40%)
AED 150,859
Monthly over 25 years at 3.7%
AED 1,543

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