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2-bed · 1,073 sqftMazaya 08, Liwan · 3rd floor · completed 2017

304, Mazaya 08

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

Unit 304 · DLD and Ejari recordsUpdated 28 June 2022
Last soldAED 600K14 November 2018
Current rentAED 45K /yr28 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Mazaya 08

What is 304 worth today?

Last sold for AED 600,000 in 2018

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28 Jun 2022RentedNew contract
AED 45,000/yr12 months · AED 42 per sqft
1 Jan 2021RentedNew contract
AED 37,500/yr12 months · AED 35 per sqft
20 Dec 2018RentedNew contract
AED 53,000/yr12 months · AED 49 per sqft
14 Nov 2018Sold by developerReady
AED 600,000AED 558 per sqft

Source: Dubai Land Department. Updated 28 June 2022.

Key facts

Type
2-bed apartment
Size
1,073 sqft
Floor
3rd of 9
Parking
G-02
Developer
Al Mazaya Real Estate
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 600K · November 2018
Building
Mazaya 08

About 304, Mazaya 08

304 is a two-bedroom apartment of 1,073 sqft on the 3rd floor of Mazaya 08, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Real Estate. The developer sold it on 14 November 2018 for AED 600,000, or AED 558 per sqft, 10% below the AED 617 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 28 June 2022, is AED 45,000 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 9,500 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Mazaya 08
600K800K2015201820212024Typical sale price by year: 2015 AED 742,000; 2016 AED 753,919; 2017 AED 770,000; 2018 AED 645,281; 2020 AED 522,500; 2021 AED 490,000; 2024 AED 655,000; 2025 AED 842,500Sold by developer, November 2018: AED 600,000 (AED 558 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Mazaya 08
40K60K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 58,000; 2019 AED 48,000; 2020 AED 44,000; 2021 AED 37,000; 2022 AED 42,000; 2023 AED 46,200; 2024 AED 52,750; 2025 AED 60,500; 2026 AED 65,000New contract, December 2018: AED 53,000 a yearNew contract, January 2021: AED 37,500 a yearNew contract, June 2022: AED 45,000 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 08, and where 304 sits

All 36 2-beds →

304 last sold in November 2018 at AED 558 per sqft, 10% below what two-beds in Mazaya 08 were fetching at the time (AED 617). Over the last 12 months two-beds sold for AED 825,000 to 850,000, around AED 811 per sqft, and rent for AED 53,800 to 75,000 a year. 304's AED 45,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 2026825,000
25 Mar 2026850,000
25 Dec 2025850,000
5 Dec 2025850,000
4 2-bed sales in the last 12 months

Mazaya 08

Building

90 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Real Estate. 5 sold in the last 12 months.

Typical price per sqft
AED 798
Typical sale
AED 850K
Typical rent
AED 56K /yr
Typical yield
7.6%
Mazaya 08, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 90 units in Mazaya 08
Value
3012-bedAED 609K · Nov 2020
3022-bedAED 691K · Aug 2018
3032-bedAED 775K · Mar 2018
3051-bedAED 525K · Feb 2019
3061-bedAED 500K · Sep 2023
3073-bedAED 1M · Nov 2018
3083-bedAED 1.01M · Nov 2023
1–7 of 9

304, Mazaya 08 in numbers

  • Sold once: by Al Mazaya Real Estate on 14 November 2018 for AED 600,000, or AED 558 per sqft.
  • Rented since December 2018 on 3 Ejari contracts. The rent fell from AED 53,000 to AED 37,500 in 2021 and recovered to AED 45,000 by June 2022.
  • At AED 45,000 a year the gross yield on the 2018 price is 7.5%, before a service charge of about AED 9,500 a year (AED 8.86 per sqft).
  • Two-beds in Mazaya 08 sold for AED 825,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 798 per sqft.

Source: Dubai Land Department. Updated 28 June 2022.

Questions about 304, Mazaya 08

What did unit 304 last sell for?

AED 600,000 on 14 November 2018, sold by the developer: AED 558 per sqft for 1,073 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 45,000 a year on the contract signed on 28 June 2022. The previous contract, from January 2021, was AED 37,500; the unit has been rented since December 2018.

How big is unit 304?

1,073 sqft (99.7 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 08 sold for AED 825,000 to 850,000 in the last 12 months, around AED 811 per sqft.

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Mortgage on 304, Mazaya 08

Starts from the last sale price (AED 600K, 14 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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