3-bed · 1,731 sqftMazaya 04, Liwan · 3rd floor · completed 2014

315, Mazaya 04

Sold prices and rental history: sold twice, last in October 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 980K22 October 2017
Current rentAED 65K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Mazaya 04

What is 315 worth today?

Last sold for AED 980,000 in 2017

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1 Jan 2024RentedNew contract
AED 65,000/yr12 months · AED 38 per sqft
22 Oct 2017SoldReady
AED 980,000AED 566 per sqft
6 Sep 2015Sold by developerReady
AED 604,983AED 349 per sqft
20 Aug 2015RentedNew contract
AED 105,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

Key facts

Type
3-bed apartment
Size
1,731 sqft
Floor
3rd of 13
Parking
G-110
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,500 /yr
Last sold
AED 980K · October 2017
Building
Mazaya 04

About 315, Mazaya 04

315 is a three-bedroom apartment of 1,731 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 22 October 2017 for AED 980,000, or AED 566 per sqft.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 January 2024, is AED 65,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 9,500 a year.

Sales and rents for 315 over time

Sales
Unit 315, each saleTypical three-bed in Mazaya 04
500K1M2009201220152018Typical sale price by year: 2009 AED 1,218,797; 2015 AED 609,399Sold by developer, September 2015: AED 604,983 (AED 349 per sqft)Sold, October 2017: AED 980,000 (AED 566 per sqft)

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

Rents
Unit 315, each contractTypical three-bed in Mazaya 04
50K75K100K2015201820212024Typical 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, August 2015: AED 105,000 a yearNew contract, January 2024: AED 65,000 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 315 sits

All 16 3-beds →

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 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

315, Mazaya 04 in numbers

  • Sold twice: first on 6 September 2015 for AED 604,983, last on 22 October 2017 for AED 980,000 (AED 566 per sqft).
  • Rented since August 2015 on 2 Ejari contracts, from AED 105,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2017 price is 6.6%, 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 1 January 2024.

Questions about 315, Mazaya 04

What did unit 315 last sell for?

AED 980,000 on 22 October 2017: AED 566 per sqft for 1,731 sqft. The unit has 2 registered sales; the first was AED 604,983 in September 2015.

What is the rent for unit 315?

AED 65,000 a year on the contract signed on 1 January 2024. The previous contract, from August 2015, was AED 105,000.

How big is unit 315?

1,731 sqft (160.8 sqm): a three-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2014.

What is unit 315 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 315, Mazaya 04

Starts from the last sale price (AED 980K, 22 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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