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1-bed · 550 sqftMazaya 04, Liwan · 3rd floor · completed 2014

307, Mazaya 04

Sold prices and rental history: sold 4 times, last in June 2020, and rented once, from May 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 8 June 2020
Last soldAED 305K8 June 2020
Current rentAED 30K /yr8 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 307, Mazaya 04

What is 307 worth today?

Last sold for AED 305,000 in 2020

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8 Jun 2020SoldReady
AED 305,000AED 554 per sqft
8 May 2019RentedNew contract
AED 30,000/yr12 months · AED 55 per sqft
10 Apr 2016SoldReady
AED 455,000AED 827 per sqft
24 Dec 2014SoldReady
AED 196,163AED 356 per sqft
14 Apr 2009Sold by developerOff-plan
AED 392,326AED 713 per sqft

Source: Dubai Land Department. Updated 8 June 2020.

Key facts

Type
1-bed apartment
Size
550 sqft
Floor
3rd of 13
Parking
G-120
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,000 /yr
Last sold
AED 305K · June 2020
Building
Mazaya 04

About 307, Mazaya 04

307 is a one-bedroom apartment of 550 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 8 June 2020 for AED 305,000, or AED 554 per sqft, in line with the AED 545 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 May 2019. The current contract, signed on 8 May 2019, is AED 30,000 a year: a gross yield of 9.8% on the 2020 price, before the service charge of about AED 3,000 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Mazaya 04
200K400K2009201420192024Typical 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 392,326 (AED 713 per sqft)Sold, December 2014: AED 196,163 (AED 356 per sqft)Sold, April 2016: AED 455,000 (AED 827 per sqft)Sold, June 2020: AED 305,000 (AED 554 per sqft)

307 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 307, 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, May 2019: 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 04, and where 307 sits

All 140 1-beds →

307 last sold in June 2020 at AED 554 per sqft, in line with what one-beds in Mazaya 04 were fetching at the time (AED 545). 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. 307's AED 30,000 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
3061-bedAED 379K · Feb 2015
3081-bedAED 673K · Feb 2015
1–7 of 18

307, Mazaya 04 in numbers

  • Sold 4 times: first on 14 April 2009 for AED 392,326, last on 8 June 2020 for AED 305,000 (AED 554 per sqft).
  • Rented since May 2019 on one Ejari contract, at AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2020 price is 9.8%, before a service charge of about AED 3,000 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 8 June 2020.

Questions about 307, Mazaya 04

What did unit 307 last sell for?

AED 305,000 on 8 June 2020: AED 554 per sqft for 550 sqft. The unit has 4 registered sales; the first was AED 392,326 in April 2009.

What is the rent for unit 307?

AED 30,000 a year on the contract signed on 8 May 2019.

How big is unit 307?

550 sqft (51.1 sqm): a one-bedroom apartment on the 3rd floor of a 13-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 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 307, Mazaya 04

Starts from the last sale price (AED 305K, 8 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 305,000
Deposit, UAE resident (20%)
AED 61,000
Deposit, non-resident (40%)
AED 122,000
Monthly over 25 years at 3.7%
AED 1,248

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