1-bed · 827 sqftMazaya 07, Liwan · 3rd floor · completed 2017

308, Mazaya 07

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 1 September 2020
Last soldAED 596K23 August 2016
Current rentAED 28K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya 07

What is 308 worth today?

Last sold for AED 596,000 in 2016

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1 Sep 2020RentedNew contract
AED 28,000/yr12 months · AED 34 per sqft
10 Jun 2019RentedRenewal
AED 40,000/yr12 months · AED 48 per sqft
10 Jun 2018RentedNew contract
AED 44,000/yr12 months · AED 53 per sqft
23 Aug 2016Sold by developerOff-plan
AED 596,000AED 720 per sqft

Source: Dubai Land Department. Updated 1 September 2020.

Key facts

Type
1-bed apartment
Size
827 sqft
Floor
3rd of 9
Parking
G-18
Developer
Al Mazaya Holding Company
Completed
2017
Service charge
AED 9,200 /yr
Last sold
AED 596K · August 2016
Building
Mazaya 07

About 308, Mazaya 07

308 is a one-bedroom apartment of 827 sqft on the 3rd floor of Mazaya 07, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Holding Company. The developer sold it on 23 August 2016 for AED 596,000, or AED 720 per sqft, 6% below the AED 765 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 September 2020, is AED 28,000 a year: a gross yield of 4.7% on the 2016 price, before the service charge of about AED 9,200 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Mazaya 07
400K600K20142017202020232026Typical sale price by year: 2014 AED 542,487; 2015 AED 510,000; 2016 AED 516,000; 2017 AED 530,000; 2018 AED 626,273; 2022 AED 325,000; 2023 AED 395,000; 2025 AED 578,000Sold by developer, August 2016: AED 596,000 (AED 720 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Mazaya 07
30K40K50K2017202020232026Typical rent by year: 2017 AED 48,000; 2018 AED 47,000; 2019 AED 38,000; 2020 AED 31,500; 2021 AED 28,000; 2022 AED 30,081; 2023 AED 34,000; 2024 AED 39,500; 2025 AED 45,000; 2026 AED 48,000New contract, June 2018: AED 44,000 a yearRenewal, June 2019: AED 40,000 a yearNew contract, September 2020: AED 28,000 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 07, and where 308 sits

All 99 1-beds →

308 last sold in August 2016 at AED 720 per sqft, 6% below what one-beds in Mazaya 07 were fetching at the time (AED 765). Over the last 12 months one-beds sold for AED 545,000 to 620,000, around AED 771 per sqft, and rent for AED 38,000 to 60,000 a year. 308's AED 28,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Mar 2026545,000
24 Nov 2025620,000
27 Oct 2025570,000
2 Oct 2025576,000
2 1-bed sales in the last 12 months

Mazaya 07

Building

126 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Holding Company. 2 sold in the last 12 months.

Typical price per sqft
AED 771
Typical sale
AED 583K
Typical rent
AED 50K /yr
Typical yield
8.3%
Mazaya 07, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 126 units in Mazaya 07
Value
3011-bedAED 510K · Dec 2016
3021-bedAED 370K · Nov 2024
3031-bedAED 484K · Dec 2015
3041-bedAED 300K · Jun 2023
3052-bedAED 778K · May 2015
3061-bedAED 626K · Jun 2018
3071-bedAED 652K · May 2015
1–7 of 13

308, Mazaya 07 in numbers

  • Sold once: by Al Mazaya Holding Company on 23 August 2016 for AED 596,000, or AED 720 per sqft.
  • Rented since June 2018 on 3 Ejari contracts, from AED 44,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2016 price is 4.7%, before a service charge of about AED 9,200 a year (AED 11.08 per sqft).
  • One-beds in Mazaya 07 sold for AED 545,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 771 per sqft.

Source: Dubai Land Department. Updated 1 September 2020.

Questions about 308, Mazaya 07

What did unit 308 last sell for?

AED 596,000 on 23 August 2016, sold by the developer: AED 720 per sqft for 827 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 28,000 a year on the contract signed on 1 September 2020. The previous contract, from June 2019, was AED 40,000; the unit has been rented since June 2018.

How big is unit 308?

827 sqft (76.8 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 07 sold for AED 545,000 to 620,000 in the last 12 months, around AED 771 per sqft.

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Mortgage on 308, Mazaya 07

Starts from the last sale price (AED 596K, 23 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 596,000
Deposit, UAE resident (20%)
AED 119,200
Deposit, non-resident (40%)
AED 238,400
Monthly over 25 years at 3.7%
AED 2,438

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