3-bed · 1,561 sqftMazaya 08, Liwan · 3rd floor · completed 2017

308, Mazaya 08

Sold prices and rental history: sold 3 times, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 24 November 2023
Last soldAED 1.01M24 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya 08

What is 308 worth today?

Last sold for AED 1,010,000 in 2023

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24 Nov 2023SoldReady
AED 1,010,000AED 647 per sqft
8 Sep 2023SoldReady
AED 917,929AED 588 per sqft
5 Aug 2020Sold by developerReady
AED 900,000AED 576 per sqft

Source: Dubai Land Department. Updated 24 November 2023.

Key facts

Type
3-bed apartment
Size
1,561 sqft
Floor
3rd of 9
Parking
G-05
Developer
Al Mazaya Real Estate
Completed
2017
Service charge
AED 13,800 /yr
Last sold
AED 1.01M · November 2023
Building
Mazaya 08

About 308, Mazaya 08

308 is a three-bedroom apartment of 1,561 sqft on the 3rd floor of Mazaya 08, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Real Estate. It last sold on 24 November 2023 for AED 1,010,000, or AED 647 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical three-bed in Mazaya 08
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 1,020,579; 2017 AED 1,027,599; 2020 AED 850,000; 2023 AED 930,000; 2025 AED 1,200,000Sold by developer, August 2020: AED 900,000 (AED 576 per sqft)Sold, September 2023: AED 917,929 (AED 588 per sqft)Sold, November 2023: AED 1,010,000 (AED 647 per sqft)

308 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 308, each contractTypical three-bed in Mazaya 08
60K80K2017202020232026Typical rent by year: 2017 AED 85,000; 2018 AED 76,000; 2019 AED 71,500; 2020 AED 58,000; 2021 AED 60,000; 2022 AED 60,000; 2023 AED 66,000; 2024 AED 90,000; 2025 AED 87,350; 2026 AED 91,500

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

3-beds in Mazaya 08, and where 308 sits

All 18 3-beds →

Over the last 12 months three-beds sold for AED 1,250,000, around AED 798 per sqft, and rent for AED 72,000 to 100,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Nov 20251,250,000
4 Apr 20251,220,000
17 Mar 20251,170,000
21 Jan 20251,180,000
1 3-bed sale 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
3042-bedAED 600K · Nov 2018
3051-bedAED 525K · Feb 2019
3061-bedAED 500K · Sep 2023
3073-bedAED 1M · Nov 2018
1–7 of 9

308, Mazaya 08 in numbers

  • Sold 3 times: first on 5 August 2020 for AED 900,000, last on 24 November 2023 for AED 1,010,000 (AED 647 per sqft).
  • Three-beds in Mazaya 08 sold for AED 1,250,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 798 per sqft.

Source: Dubai Land Department. Updated 24 November 2023.

Questions about 308, Mazaya 08

What did unit 308 last sell for?

AED 1,010,000 on 24 November 2023: AED 647 per sqft for 1,561 sqft. The unit has 3 registered sales; the first was AED 900,000 in August 2020.

How big is unit 308?

1,561 sqft (145.0 sqm): a three-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. Three-beds in Mazaya 08 sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 798 per sqft.

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Mortgage on 308, Mazaya 08

Starts from the last sale price (AED 1.01M, 24 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,000
Deposit, UAE resident (20%)
AED 202,000
Deposit, non-resident (40%)
AED 404,000
Monthly over 25 years at 3.7%
AED 4,132

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