2-bed · 1,377 sqftMazaya 07, Liwan · 3rd floor · completed 2017

309, Mazaya 07

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 12 February 2024
Last soldAED 820K12 February 2024
Current rentAED 48K /yr25 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mazaya 07

What is 309 worth today?

Last sold for AED 820,000 in 2024

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12 Feb 2024SoldReady
AED 820,000AED 595 per sqft
25 Oct 2021RentedRenewal
AED 48,000/yr12 months · AED 35 per sqft
25 Oct 2020RentedNew contract
AED 48,000/yr12 months · AED 35 per sqft
25 Oct 2019RentedNew contract
AED 55,000/yr12 months · AED 40 per sqft
27 Feb 2018RentedNew contract
AED 75,000/yr12 months · AED 54 per sqft
1 Mar 2017RentedNew contract
AED 75,000/yr12 months · AED 54 per sqft
27 Nov 2016Sold by developerOff-plan
AED 945,014AED 686 per sqft

Source: Dubai Land Department. Updated 12 February 2024.

Key facts

Type
2-bed apartment
Size
1,377 sqft
Floor
3rd of 9
Parking
G-121
Developer
Al Mazaya Holding Company
Completed
2017
Service charge
AED 15,300 /yr
Last sold
AED 820K · February 2024
Building
Mazaya 07

About 309, Mazaya 07

309 is a two-bedroom apartment of 1,377 sqft on the 3rd floor of Mazaya 07, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Holding Company. It last sold on 12 February 2024 for AED 820,000, or AED 595 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 25 October 2021, is AED 48,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 15,300 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical two-bed in Mazaya 07
500K750K1M201620192022Typical sale price by year: 2016 AED 923,730; 2017 AED 880,000; 2018 AED 425,000Sold by developer, November 2016: AED 945,014 (AED 686 per sqft)Sold, February 2024: AED 820,000 (AED 595 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in Mazaya 07
40K60K80K2017202020232026Typical rent by year: 2017 AED 71,500; 2018 AED 65,000; 2019 AED 56,500; 2020 AED 46,500; 2021 AED 45,000; 2022 AED 42,000; 2023 AED 49,500; 2024 AED 55,000; 2025 AED 62,000; 2026 AED 66,000New contract, March 2017: AED 75,000 a yearNew contract, February 2018: AED 75,000 a yearNew contract, October 2019: AED 55,000 a yearNew contract, October 2020: AED 48,000 a yearRenewal, October 2021: AED 48,000 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 07, and where 309 sits

All 18 2-beds →

309's AED 48,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Mar 2025650,000
31 Jan 2025915,000
3 Oct 2018750,000
11 Jun 2018425,000
0 2-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

309, Mazaya 07 in numbers

  • Sold twice: first on 27 November 2016 for AED 945,014, last on 12 February 2024 for AED 820,000 (AED 595 per sqft).
  • Rented since March 2017 on 5 Ejari contracts, from AED 75,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 15,300 a year (AED 11.08 per sqft).

Source: Dubai Land Department. Updated 12 February 2024.

Questions about 309, Mazaya 07

What did unit 309 last sell for?

AED 820,000 on 12 February 2024: AED 595 per sqft for 1,377 sqft. The unit has 2 registered sales; the first was AED 945,014 in November 2016.

What is the rent for unit 309?

AED 48,000 a year on the contract renewed on 25 October 2021. The previous contract, from October 2020, was AED 48,000; the unit has been rented since March 2017.

How big is unit 309?

1,377 sqft (127.9 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.

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 07

Starts from the last sale price (AED 820K, 12 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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