304, Mazaya 12
Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Mazaya 12
What is 304 worth today?
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Source: Dubai Land Department. Updated 20 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 781 sqft
- Floor
- 3rd of 6
- Parking
- G-46
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 7,600 /yr
- Last sold
- AED 296K · May 2022
- Building
- Mazaya 12
About 304, Mazaya 12
304 is a one-bedroom apartment of 781 sqft on the 3rd floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 25 May 2022 for AED 295,970, or AED 378 per sqft, in line with the AED 379 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 20 November 2023, is AED 40,000 a year: a gross yield of 13.5% on the 2022 price, before the service charge of about AED 7,600 a year.
Sales and rents for 304 over time
304 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 12, and where 304 sits
All 60 1-beds →304 last sold in May 2022 at AED 378 per sqft, in line with what one-beds in Mazaya 12 were fetching at the time (AED 379). Over the last 12 months one-beds sold for AED 515,000 to 600,000, around AED 636 per sqft, and rent for AED 24,000 to 68,000 a year. 304's AED 40,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 May 20265 May 2026 | 771 sqft | 515,000 | 668 | ||
| 24 Nov 202524 November 2025 | 995 sqft | 600,000 | 603 | ||
| 9 Aug 20259 August 2025 | 570 sqft | 600,000 | 1,052 | ||
| 21 Jul 202521 July 2025 | 771 sqft | 500,000 | 648 |
Mazaya 12
Building96 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.
- Typical price per sqft
- AED 712
- Typical sale
- AED 700K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.6%
Other units on the 3rd floor
All 96 units in Mazaya 12| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,058 sqft | AED 600KAED 600,000 · May 2019May 2019 | 57,750 /yr | |
| 302 | 2-bed | 1,217 sqft | AED 792KAED 791,933 · Dec 2014December 2014 | 70,000 /yr | |
| 303 | 1-bed | 771 sqft | AED 515KAED 515,000 · May 2026May 2026 | 53,000 /yr | |
| 305 | 2-bed | 1,218 sqft | AED 731KAED 730,770 · Dec 2019December 2019 | 70,000 /yr | |
| 306 | 2-bed | 1,052 sqft | AED 485KAED 485,000 · Mar 2021March 2021 | ||
| 307 | 1-bed | 569 sqft | AED 350KAED 350,000 · Dec 2017December 2017 | 20,000 /yr | |
| 308 | 1-bed | 570 sqft | AED 475KAED 475,000 · Jun 2016June 2016 | 48,000 /yr | |
| 309 | 2-bed | 1,053 sqft | AED 680KAED 680,000 · Nov 2024November 2024 | 46,000 /yr | |
| 310 | 1-bed | 771 sqft | AED 295KAED 295,000 · May 2022May 2022 | 48,000 /yr | |
| 311 | 1-bed | 946 sqft | AED 360KAED 360,000 · Jun 2021June 2021 | 60,000 /yr | |
| 312 | 1-bed | 995 sqft | AED 411KAED 410,614 · May 2015May 2015 | 49,733 /yr | |
| 313 | 1-bed | 945 sqft | AED 618KAED 618,322 · Dec 2014December 2014 | 42,000 /yr | |
| 314 | 1-bed | 771 sqft | AED 284KAED 283,886 · Nov 2015November 2015 | 30,000 /yr | |
| 315 | 3-bed | 1,610 sqft | AED 650KAED 650,000 · Jun 2015June 2015 | 70,000 /yr | |
| 316 | 1-bed | 558 sqft | AED 365KAED 365,000 · Jan 2025January 2025 | 46,000 /yr |
304, Mazaya 12 in numbers
- Sold twice: first on 1 February 2009 for AED 567,953, last on 25 May 2022 for AED 295,970 (AED 378 per sqft).
- Rented since March 2018 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 35,000 in 2020 and recovered to AED 40,000 by November 2023.
- At AED 40,000 a year the gross yield on the 2022 price is 13.5%, before a service charge of about AED 7,600 a year (AED 9.78 per sqft).
- One-beds in Mazaya 12 sold for AED 515,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 712 per sqft.
Source: Dubai Land Department. Updated 20 November 2023.
Questions about 304, Mazaya 12
What did unit 304 last sell for?
AED 295,970 on 25 May 2022: AED 378 per sqft for 781 sqft. The unit has 2 registered sales; the first was AED 567,953 in February 2009.
What is the rent for unit 304?
AED 40,000 a year on the contract signed on 20 November 2023. The previous contract, from March 2020, was AED 35,000; the unit has been rented since March 2018.
How big is unit 304?
781 sqft (72.6 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.
What is unit 304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 12 sold for AED 515,000 to 600,000 in the last 12 months, around AED 636 per sqft.
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Mortgage on 304, Mazaya 12
Starts from the last sale price (AED 296K, 25 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 295,970
- Deposit, UAE resident (20%)
- AED 59,194
- Deposit, non-resident (40%)
- AED 118,388
- Monthly over 25 years at 3.7%
- AED 1,211
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →