1-bed · 840 sqftMazaya 09, Liwan · 3rd floor · completed 2012

308, Mazaya 09

Sold prices and rental history: sold twice, last in November 2014, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 30 November 2021
Last soldAED 550K2 November 2014
Current rentAED 28K /yr30 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya 09

What is 308 worth today?

Last sold for AED 550,000 in 2014

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30 Nov 2021RentedRenewal
AED 28,000/yr12 months · AED 33 per sqft
30 Nov 2020RentedNew contract
AED 28,000/yr12 months · AED 33 per sqft
1 Oct 2017RentedNew contract
AED 46,000/yr12 months · AED 55 per sqft
2 Nov 2014SoldOff-plan
AED 550,000AED 654 per sqft
27 Apr 2009Sold by developerOff-plan
AED 510,858AED 608 per sqft

Source: Dubai Land Department. Updated 30 November 2021.

Key facts

Type
1-bed apartment
Size
840 sqft
Floor
3rd of 9
Parking
G-52
Developer
Al Mazaya Holding Company
Completed
2012
Service charge
AED 9,300 /yr
Last sold
AED 550K · November 2014
Building
Mazaya 09

About 308, Mazaya 09

308 is a one-bedroom apartment of 840 sqft on the 3rd floor of Mazaya 09, a 9-storey tower in Liwan completed in 2012 by Al Mazaya Holding Company. It last sold on 2 November 2014 for AED 550,000, or AED 654 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 30 November 2021, is AED 28,000 a year: a gross yield of 5.1% on the 2014 price, before the service charge of about AED 9,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Mazaya 09
400K600K2009201420192024Typical sale price by year: 2014 AED 550,000; 2015 AED 512,422; 2016 AED 536,093; 2017 AED 621,126; 2018 AED 580,459; 2022 AED 350,000; 2023 AED 400,000; 2025 AED 575,000; 2026 AED 560,000Sold by developer, April 2009: AED 510,858 (AED 608 per sqft)Sold, November 2014: AED 550,000 (AED 654 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Mazaya 09
40K2017202020232026Typical rent by year: 2017 AED 46,000; 2018 AED 45,000; 2019 AED 34,000; 2020 AED 30,000; 2021 AED 27,050; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 39,000; 2025 AED 43,890; 2026 AED 50,000New contract, October 2017: AED 46,000 a yearNew contract, November 2020: AED 28,000 a yearRenewal, November 2021: 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 09, and where 308 sits

All 45 1-beds →

Over the last 12 months one-beds sold for AED 510,000 to 620,000, around AED 744 per sqft, and rent for AED 34,650 to 95,000 a year. 308's AED 28,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 2026560,000
12 Oct 2026510,000
4 Sep 2026620,000
7 May 2026550,000
6 1-bed sales in the last 12 months

Mazaya 09

Building

72 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2012 by Al Mazaya Holding Company. 8 sold in the last 12 months.

Typical price per sqft
AED 726
Typical sale
AED 585K
Typical rent
AED 50K /yr
Typical yield
8.3%
Mazaya 09, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 72 units in Mazaya 09
Value
3012-bedAED 480K · May 2021
3021-bedAED 502K · Jun 2015
3031-bedAED 473K · Jun 2015
3042-bedAED 715K · May 2019
3051-bedAED 560K · Nov 2026
3061-bedAED 613K · Nov 2014
3073-bedAED 1.15M · Jun 2015

308, Mazaya 09 in numbers

  • Sold twice: first on 27 April 2009 for AED 510,858, last on 2 November 2014 for AED 550,000 (AED 654 per sqft).
  • Rented since October 2017 on 3 Ejari contracts, from AED 46,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2014 price is 5.1%, before a service charge of about AED 9,300 a year (AED 11.06 per sqft).
  • One-beds in Mazaya 09 sold for AED 510,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 726 per sqft.

Source: Dubai Land Department. Updated 30 November 2021.

Questions about 308, Mazaya 09

What did unit 308 last sell for?

AED 550,000 on 2 November 2014: AED 654 per sqft for 840 sqft. The unit has 2 registered sales; the first was AED 510,858 in April 2009.

What is the rent for unit 308?

AED 28,000 a year on the contract renewed on 30 November 2021. The previous contract, from November 2020, was AED 28,000; the unit has been rented since October 2017.

How big is unit 308?

840 sqft (78.0 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2012.

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 09 sold for AED 510,000 to 620,000 in the last 12 months, around AED 744 per sqft.

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Mortgage on 308, Mazaya 09

Starts from the last sale price (AED 550K, 2 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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