308, Mazaya 12
Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Mazaya 12
What is 308 worth today?
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Source: Dubai Land Department. Updated 20 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 570 sqft
- Floor
- 3rd of 6
- Parking
- G-31
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 5,600 /yr
- Last sold
- AED 475K · June 2016
- Building
- Mazaya 12
About 308, Mazaya 12
308 is a one-bedroom apartment of 570 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 28 June 2016 for AED 475,000, or AED 833 per sqft, 39% above the AED 600 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 20 July 2025, is AED 48,000 a year: a gross yield of 10.1% on the 2016 price, before the service charge of about AED 5,600 a year.
Sales and rents for 308 over time
308 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 308 sits
All 60 1-beds →308 last sold in June 2016 at AED 833 per sqft, 39% above what one-beds in Mazaya 12 were fetching at the time (AED 600). 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. 308's AED 48,000 is in the upper 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 | |
| 304 | 1-bed | 781 sqft | AED 296KAED 295,970 · May 2022May 2022 | 40,000 /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 | |
| 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 |
308, Mazaya 12 in numbers
- Sold twice: first on 2 February 2009 for AED 534,949, last on 28 June 2016 for AED 475,000 (AED 833 per sqft).
- Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 23,000 in 2020 and recovered to AED 48,000 by July 2025.
- At AED 48,000 a year the gross yield on the 2016 price is 10.1%, before a service charge of about AED 5,600 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 July 2025.
Questions about 308, Mazaya 12
What did unit 308 last sell for?
AED 475,000 on 28 June 2016: AED 833 per sqft for 570 sqft. The unit has 2 registered sales; the first was AED 534,949 in February 2009.
What is the rent for unit 308?
AED 48,000 a year on the contract signed on 20 July 2025. The previous contract, from November 2024, was AED 44,000; the unit has been rented since February 2016.
How big is unit 308?
570 sqft (53.0 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.
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 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 308, Mazaya 12
Starts from the last sale price (AED 475K, 28 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 475,000
- Deposit, UAE resident (20%)
- AED 95,000
- Deposit, non-resident (40%)
- AED 190,000
- Monthly over 25 years at 3.7%
- AED 1,943
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →