2-bed · 1,220 sqftMazaya 05, Liwan · 3rd floor · completed 2018

308, Mazaya 05

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 22 July 2026
Last soldAED 860K7 November 2017
Current rentAED 74K /yr22 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya 05

What is 308 worth today?

Last sold for AED 859,639 in 2017

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22 Jul 2026RentedRenewal
AED 74,225/yr7 months · AED 61 per sqft
22 Jul 2025RentedNew contract
AED 74,000/yr12 months · AED 61 per sqft
22 Jul 2025RentedNew contract
AED 74,000/yr12 months · AED 61 per sqft
22 Jul 2024RentedNew contract
AED 74,000/yr12 months · AED 61 per sqft
11 Jul 2023RentedNew contract
AED 64,000/yr12 months · AED 53 per sqft
4 Jul 2022RentedNew contract
AED 54,000/yr12 months · AED 44 per sqft
7 Nov 2017Sold by developerOff-plan
AED 859,639AED 704 per sqft

Source: Dubai Land Department. Updated 22 July 2026.

Key facts

Type
2-bed apartment
Size
1,220 sqft
Floor
3rd of 14
Parking
G-9
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2018
Service charge
AED 11,800 /yr
Last sold
AED 860K · November 2017
Building
Mazaya 05

About 308, Mazaya 05

308 is a two-bedroom apartment of 1,220 sqft on the 3rd floor of Mazaya 05, a 14-storey tower in Liwan completed in 2018 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 7 November 2017 for AED 859,639, or AED 704 per sqft.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 22 July 2026, is AED 74,225 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 11,800 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Mazaya 05
900K1M2017202020232026Typical sale price by year: 2017 AED 859,639; 2018 AED 864,914; 2019 AED 842,672; 2024 AED 840,000; 2025 AED 1,045,000Sold by developer, November 2017: AED 859,639 (AED 704 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Mazaya 05
60K80K2018202120242027Typical rent by year: 2018 AED 65,000; 2019 AED 55,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 52,500; 2023 AED 55,125; 2024 AED 68,000; 2025 AED 72,000; 2026 AED 82,000New contract, July 2022: AED 54,000 a yearNew contract, July 2023: AED 64,000 a yearNew contract, July 2024: AED 74,000 a yearNew contract, July 2025: AED 74,000 a yearNew contract, July 2025: AED 74,000 a yearRenewal, July 2026: AED 74,225 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 05, and where 308 sits

All 42 2-beds →

Over the last 12 months two-beds sold for AED 1,050,000 to 1,130,000, around AED 843 per sqft, and rent for AED 51,000 to 90,000 a year. 308's AED 74,225 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jan 20261,130,000
9 Dec 20251,060,000
27 Nov 20251,050,000
19 Jun 20251,040,000
3 2-bed sales in the last 12 months

Mazaya 05

Building

154 apartments, studios to 2-bed over 14 floors in Liwan, completed in 2018 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . 8 sold in the last 12 months.

Typical price per sqft
AED 842
Typical sale
AED 693K
Typical rent
AED 53K /yr
Typical yield
7.7%
Mazaya 05, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 154 units in Mazaya 05
Value
3011-bedAED 683K · Nov 2017
3022-bedAED 810K · Jun 2019
3032-bedAED 892K · Dec 2017
3041-bedAED 425K · Jun 2022
3051-bedAED 656K · Jul 2025
3061-bedAED 600K · Dec 2019
3071-bedAED 320K · Jun 2022
1–7 of 10

308, Mazaya 05 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 7 November 2017 for AED 859,639, or AED 704 per sqft.
  • Rented since July 2022 on 6 Ejari contracts, from AED 54,000 to AED 74,225 a year.
  • At AED 74,225 a year the gross yield on the 2017 price is 8.6%, before a service charge of about AED 11,800 a year (AED 9.68 per sqft).
  • Two-beds in Mazaya 05 sold for AED 1,050,000–1,130,000 in the 12 months to November 2026; the building's median across all types is AED 842 per sqft.

Source: Dubai Land Department. Updated 22 July 2026.

Questions about 308, Mazaya 05

What did unit 308 last sell for?

AED 859,639 on 7 November 2017, sold by the developer: AED 704 per sqft for 1,220 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 74,225 a year on the contract renewed on 22 July 2026. The previous contract, from July 2025, was AED 74,000; the unit has been rented since July 2022.

How big is unit 308?

1,220 sqft (113.3 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2018.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 05 sold for AED 1,050,000 to 1,130,000 in the last 12 months, around AED 843 per sqft.

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Mortgage on 308, Mazaya 05

Starts from the last sale price (AED 860K, 7 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 859,639
Deposit, UAE resident (20%)
AED 171,928
Deposit, non-resident (40%)
AED 343,856
Monthly over 25 years at 3.7%
AED 3,517

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