1-bed · 929 sqftMazaya 04, Liwan · 3rd floor · completed 2014

306, Mazaya 04

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

Unit 306 · DLD and Ejari recordsUpdated 4 August 2020
Last soldAED 379K26 February 2015
Current rentAED 35K /yr4 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Mazaya 04

What is 306 worth today?

Last sold for AED 379,267 in 2015

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4 Aug 2020RentedRenewal
AED 35,000/yr12 months · AED 38 per sqft
20 Jul 2019RentedRenewal
AED 40,372/yr12 months · AED 44 per sqft
20 Jul 2018RentedNew contract
AED 42,000/yr12 months · AED 45 per sqft
26 Feb 2015SoldReady
AED 379,267AED 408 per sqft
25 Feb 2015RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
14 Apr 2009Sold by developerOff-plan
AED 758,533AED 816 per sqft

Source: Dubai Land Department. Updated 4 August 2020.

Key facts

Type
1-bed apartment
Size
929 sqft
Floor
3rd of 13
Parking
B-41
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 379K · February 2015
Building
Mazaya 04

About 306, Mazaya 04

306 is a one-bedroom apartment of 929 sqft on the 3rd floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 26 February 2015 for AED 379,267, or AED 408 per sqft, 42% below the AED 702 one-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 4 August 2020, is AED 35,000 a year: a gross yield of 9.2% on the 2015 price, before the service charge of about AED 5,100 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Mazaya 04
250K500K750K2009201420192024Typical sale price by year: 2009 AED 412,907; 2013 AED 389,160; 2014 AED 392,326; 2015 AED 390,794; 2016 AED 460,000; 2017 AED 470,000; 2018 AED 380,000; 2019 AED 340,000; 2020 AED 300,000; 2021 AED 277,500; 2022 AED 277,500; 2023 AED 300,000; 2025 AED 335,000; 2026 AED 316,530Sold by developer, April 2009: AED 758,533 (AED 816 per sqft)Sold, February 2015: AED 379,267 (AED 408 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Mazaya 04
20K40K60K2014201820222026Typical rent by year: 2014 AED 48,000; 2015 AED 48,000; 2016 AED 48,867; 2017 AED 45,514; 2018 AED 40,000; 2019 AED 32,500; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 26,500; 2023 AED 25,000; 2024 AED 35,000; 2025 AED 49,000; 2026 AED 55,000New contract, February 2015: AED 55,000 a yearNew contract, July 2018: AED 42,000 a yearRenewal, July 2019: AED 40,372 a yearRenewal, August 2020: AED 35,000 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 04, and where 306 sits

All 140 1-beds →

306 last sold in February 2015 at AED 408 per sqft, 42% below what one-beds in Mazaya 04 were fetching at the time (AED 702). Over the last 12 months one-beds sold for AED 90,000 to 507,360, around AED 569 per sqft, and rent for AED 22,000 to 60,000 a year. 306's AED 35,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 2026305,000
24 Aug 2026410,000
13 Aug 2026300,000
19 Jul 2026305,000
18 1-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
3022-bedAED 377K · Jul 2015
3032-bedAED 425K · Apr 2015
3041-bedAED 325K · May 2025
3051-bedAED 350K · May 2025
3071-bedAED 305K · Jun 2020
3081-bedAED 673K · Feb 2015
1–7 of 18

306, Mazaya 04 in numbers

  • Sold twice: first on 14 April 2009 for AED 758,533, last on 26 February 2015 for AED 379,267 (AED 408 per sqft).
  • Rented since February 2015 on 4 Ejari contracts, from AED 55,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2015 price is 9.2%, before a service charge of about AED 5,100 a year (AED 5.49 per sqft).
  • One-beds in Mazaya 04 sold for AED 90,000–507,360 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 4 August 2020.

Questions about 306, Mazaya 04

What did unit 306 last sell for?

AED 379,267 on 26 February 2015: AED 408 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 758,533 in April 2009.

What is the rent for unit 306?

AED 35,000 a year on the contract renewed on 4 August 2020. The previous contract, from July 2019, was AED 40,372; the unit has been rented since February 2015.

How big is unit 306?

929 sqft (86.3 sqm): a one-bedroom apartment on the 3rd floor of a 13-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. One-beds in Mazaya 04 sold for AED 90,000 to 507,360 in the last 12 months, around AED 569 per sqft.

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Mortgage on 306, Mazaya 04

Starts from the last sale price (AED 379K, 26 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 379,267
Deposit, UAE resident (20%)
AED 75,853
Deposit, non-resident (40%)
AED 151,707
Monthly over 25 years at 3.7%
AED 1,552

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