1-bed · 619 sqftMazaya 04, Liwan · 3rd floor · completed 2014

312, Mazaya 04

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 10 September 2021
Last soldAED 433K10 December 2014
Current rentAED 24K /yr10 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Mazaya 04

What is 312 worth today?

Last sold for AED 432,950 in 2014

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10 Sep 2021RentedNew contract
AED 24,000/yr12 months · AED 39 per sqft
1 Jul 2020RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft
24 Jun 2019RentedNew contract
AED 32,000/yr12 months · AED 52 per sqft
1 Apr 2018RentedNew contract
AED 39,000/yr12 months · AED 62 per sqft
25 Jan 2017RentedRenewal
AED 45,000/yr12 months · AED 72 per sqft
25 Jan 2016RentedRenewal
AED 45,000/yr12 months · AED 72 per sqft
25 Jan 2015RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
10 Dec 2014SoldReady
AED 432,950AED 699 per sqft

Source: Dubai Land Department. Updated 10 September 2021.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
3rd of 13
Parking
G-79
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,400 /yr
Last sold
AED 433K · December 2014
Building
Mazaya 04

About 312, Mazaya 04

312 is a one-bedroom apartment of 619 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 10 December 2014 for AED 432,950, or AED 699 per sqft, in line with the AED 713 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 10 September 2021, is AED 24,000 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 3,400 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical one-bed in Mazaya 04
300K400K500K2009201420192024Typical 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, March 2009: AED 432,950 (AED 699 per sqft)Sold, December 2014: AED 432,950 (AED 699 per sqft)

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

Rents
Unit 312, 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, January 2015: AED 45,000 a yearRenewal, January 2016: AED 45,000 a yearRenewal, January 2017: AED 45,000 a yearNew contract, April 2018: AED 39,000 a yearNew contract, June 2019: AED 32,000 a yearNew contract, July 2020: AED 25,000 a yearNew contract, September 2021: AED 24,000 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 312 sits

All 140 1-beds →

312 last sold in December 2014 at AED 699 per sqft, in line with what one-beds in Mazaya 04 were fetching at the time (AED 713). 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. 312's AED 24,000 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
3071-bedAED 305K · Jun 2020
1–7 of 18

312, Mazaya 04 in numbers

  • Sold twice: first on 5 March 2009 for AED 432,950, last on 10 December 2014 for AED 432,950 (AED 699 per sqft).
  • Rented since January 2015 on 7 Ejari contracts, from AED 45,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2014 price is 5.5%, before a service charge of about AED 3,400 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 10 September 2021.

Questions about 312, Mazaya 04

What did unit 312 last sell for?

AED 432,950 on 10 December 2014: AED 699 per sqft for 619 sqft. The unit has 2 registered sales; the first was AED 432,950 in March 2009.

What is the rent for unit 312?

AED 24,000 a year on the contract signed on 10 September 2021. The previous contract, from July 2020, was AED 25,000; the unit has been rented since January 2015.

How big is unit 312?

619 sqft (57.5 sqm): a one-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2014.

What is unit 312 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 312, Mazaya 04

Starts from the last sale price (AED 433K, 10 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 432,950
Deposit, UAE resident (20%)
AED 86,590
Deposit, non-resident (40%)
AED 173,180
Monthly over 25 years at 3.7%
AED 1,771

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