Studio · 511 sqftMazaya 05, Liwan · 3rd floor · completed 2018

309, Mazaya 05

Sold prices and rental history: sold once, by the developer in January 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 529K20 January 2019
Current rentAED 40K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mazaya 05

What is 309 worth today?

Last sold for AED 529,283 in 2019

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1 Sep 2026RentedNew contract
AED 40,000/yr12 months · AED 78 per sqft
1 Sep 2024RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
18 Feb 2023RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft
20 Jan 2019Sold by developerReady
AED 529,283AED 1,035 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
511 sqft
Floor
3rd of 14
Parking
G-10
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2018
Service charge
AED 4,900 /yr
Last sold
AED 529K · January 2019
Building
Mazaya 05

About 309, Mazaya 05

309 is a studio of 511 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 20 January 2019 for AED 529,283, or AED 1,035 per sqft, 19% above the AED 869 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 September 2026, is AED 40,000 a year: a gross yield of 7.6% on the 2019 price, before the service charge of about AED 4,900 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical studio in Mazaya 05
400K20182020202220242026Typical sale price by year: 2018 AED 444,186; 2019 AED 520,278; 2023 AED 300,000; 2025 AED 440,000Sold by developer, January 2019: AED 529,283 (AED 1,035 per sqft)

309 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 309, each contractTypical studio in Mazaya 05
20K30K40K2018202120242027Typical rent by year: 2018 AED 34,500; 2019 AED 30,000; 2020 AED 26,500; 2021 AED 22,750; 2022 AED 25,000; 2023 AED 28,394; 2024 AED 30,320; 2025 AED 36,000; 2026 AED 40,250New contract, February 2023: AED 30,000 a yearNew contract, September 2024: AED 40,000 a yearNew contract, September 2026: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mazaya 05, and where 309 sits

All 14 studios →

309 last sold in January 2019 at AED 1,035 per sqft, 19% above what studios in Mazaya 05 were fetching at the time (AED 869). 309's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2025440,000
22 May 2025400,000
27 Feb 2025475,000
20 Oct 2023300,000
0 studio 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

309, Mazaya 05 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 20 January 2019 for AED 529,283, or AED 1,035 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 30,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 7.6%, before a service charge of about AED 4,900 a year (AED 9.68 per sqft).

Source: Dubai Land Department. Updated 1 September 2026.

Questions about 309, Mazaya 05

What did unit 309 last sell for?

AED 529,283 on 20 January 2019, sold by the developer: AED 1,035 per sqft for 511 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 40,000 a year on the contract signed on 1 September 2026. The previous contract, from September 2024, was AED 40,000; the unit has been rented since February 2023.

How big is unit 309?

511 sqft (47.5 sqm): a studio on the 3rd floor of a 14-storey tower completed in 2018.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 309, Mazaya 05

Starts from the last sale price (AED 529K, 20 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 529,283
Deposit, UAE resident (20%)
AED 105,857
Deposit, non-resident (40%)
AED 211,713
Monthly over 25 years at 3.7%
AED 2,165

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