1-bed · 986 sqftMazaya 11, Liwan · 3rd floor · completed 2016

309, Mazaya 11

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 600K5 November 2024
Current rentAED 35K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mazaya 11

What is 309 worth today?

Last sold for AED 600,000 in 2024

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5 Nov 2024SoldReady
AED 600,000AED 608 per sqft
1 Jan 2024RentedRenewal
AED 34,650/yr12 months · AED 35 per sqft
1 Jan 2023RentedNew contract
AED 33,000/yr12 months · AED 33 per sqft
1 Dec 2019RentedNew contract
AED 35,000/yr13 months · AED 35 per sqft
5 Oct 2018RentedNew contract
AED 42,000/yr12 months · AED 42 per sqft
7 Aug 2018Sold by developerReady
AED 575,000AED 583 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
1-bed apartment
Size
986 sqft
Floor
3rd of 6
Parking
G-28
Developer
Al Mazaya Real Estate
Completed
2016
Service charge
AED 12,600 /yr
Last sold
AED 600K · November 2024
Building
Mazaya 11

About 309, Mazaya 11

309 is a one-bedroom apartment of 986 sqft on the 3rd floor of Mazaya 11, a 6-storey tower in Liwan completed in 2016 by Al Mazaya Real Estate. It last sold on 5 November 2024 for AED 600,000, or AED 608 per sqft, in line with the AED 600 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 34,650 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Mazaya 11
400K600K2009201420192024Typical sale price by year: 2009 AED 517,528; 2015 AED 513,925; 2016 AED 553,065; 2017 AED 558,833; 2018 AED 550,429; 2019 AED 693,950; 2023 AED 411,887; 2024 AED 545,000; 2025 AED 550,000; 2026 AED 610,000Sold by developer, August 2018: AED 575,000 (AED 583 per sqft)Sold, November 2024: AED 600,000 (AED 608 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Mazaya 11
30K40K50K2017202020232026Typical rent by year: 2017 AED 46,000; 2018 AED 42,000; 2019 AED 35,500; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 29,000; 2023 AED 33,000; 2024 AED 42,000; 2025 AED 48,000; 2026 AED 48,000New contract, October 2018: AED 42,000 a yearNew contract, December 2019: AED 35,000 a yearNew contract, January 2023: AED 33,000 a yearRenewal, January 2024: AED 34,650 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 11, and where 309 sits

All 37 1-beds →

309 last sold in November 2024 at AED 608 per sqft, in line with what one-beds in Mazaya 11 were fetching at the time (AED 600). Over the last 12 months one-beds sold for AED 550,000 to 675,000, around AED 766 per sqft, and rent for AED 39,000 to 58,000 a year. 309's AED 34,650 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jun 2026610,000
15 Apr 2026550,000
12 Apr 2026675,000
2 May 2025550,000
3 1-bed sales in the last 12 months

Mazaya 11

Building

56 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2016 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 778
Typical sale
AED 643K
Typical rent
AED 50K /yr
Typical yield
8.8%
Mazaya 11, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 56 units in Mazaya 11
Value
3011-bedAED 600K · Nov 2017
3021-bedAED 542K · Mar 2018
3031-bedAED 528K · Nov 2017
3041-bedAED 573K · Mar 2018
3051-bedAED 610K · Jun 2026
3061-bedAED 554K · Nov 2017
3071-bedAED 550K · May 2025
1–7 of 10

309, Mazaya 11 in numbers

  • Sold twice: first on 7 August 2018 for AED 575,000, last on 5 November 2024 for AED 600,000 (AED 608 per sqft).
  • Rented since October 2018 on 4 Ejari contracts, from AED 42,000 to AED 34,650 a year.
  • At AED 34,650 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 12,600 a year (AED 12.80 per sqft).
  • One-beds in Mazaya 11 sold for AED 550,000–675,000 in the 12 months to November 2026; the building's median across all types is AED 778 per sqft.

Source: Dubai Land Department. Updated 5 November 2024.

Questions about 309, Mazaya 11

What did unit 309 last sell for?

AED 600,000 on 5 November 2024: AED 608 per sqft for 986 sqft. The unit has 2 registered sales; the first was AED 575,000 in August 2018.

What is the rent for unit 309?

AED 34,650 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 33,000; the unit has been rented since October 2018.

How big is unit 309?

986 sqft (91.6 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2016.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 11 sold for AED 550,000 to 675,000 in the last 12 months, around AED 766 per sqft.

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Mortgage on 309, Mazaya 11

Starts from the last sale price (AED 600K, 5 November 2024). 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 →