2-bed · 1,053 sqftMazaya 12, Liwan · 3rd floor · completed 2014

309, Mazaya 12

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 5 March 2025
Last soldAED 680K22 November 2024
Current rentAED 46K /yr5 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mazaya 12

What is 309 worth today?

Last sold for AED 680,000 in 2024

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5 Mar 2025RentedNew contract
AED 46,000/yr9 months · AED 44 per sqft
5 Mar 2025RentedNew contract
AED 46,000/yr9 months · AED 44 per sqft
22 Nov 2024SoldReady
AED 680,000AED 645 per sqft
5 Mar 2022RentedRenewal
AED 34,000/yr12 months · AED 32 per sqft
5 Mar 2021RentedRenewal
AED 33,000/yr12 months · AED 31 per sqft
5 Mar 2020RentedNew contract
AED 40,000/yr12 months · AED 38 per sqft
21 Aug 2018RentedRenewal
AED 62,000/yr12 months · AED 59 per sqft
23 Aug 2017RentedRenewal
AED 62,335/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 5 March 2025.

Key facts

Type
2-bed apartment
Size
1,053 sqft
Floor
3rd of 6
Parking
B-35
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 10,300 /yr
Last sold
AED 680K · November 2024
Building
Mazaya 12

About 309, Mazaya 12

309 is a two-bedroom apartment of 1,053 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 22 November 2024 for AED 680,000, or AED 645 per sqft, 21% above the AED 531 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 5 March 2025, is AED 46,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 10,300 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical two-bed in Mazaya 12
400K600K800K2009201420192024Typical sale price by year: 2009 AED 777,695; 2014 AED 742,552; 2015 AED 729,990; 2016 AED 767,500; 2019 AED 600,000; 2024 AED 599,380Sold by developer, June 2015: AED 380,632 (AED 361 per sqft)Sold, November 2024: AED 680,000 (AED 645 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in Mazaya 12
40K60K20152018202120242027Typical rent by year: 2015 AED 72,000; 2016 AED 71,000; 2017 AED 66,820; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 35,500; 2022 AED 38,500; 2023 AED 48,070; 2024 AED 55,500; 2025 AED 58,000; 2026 AED 63,000New contract, August 2016: AED 61,668 a yearRenewal, August 2017: AED 62,335 a yearRenewal, August 2018: AED 62,000 a yearNew contract, March 2020: AED 40,000 a yearRenewal, March 2021: AED 33,000 a yearRenewal, March 2022: AED 34,000 a yearNew contract, March 2025: AED 46,000 a yearNew contract, March 2025: AED 46,000 a year

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

2-beds in Mazaya 12, and where 309 sits

All 30 2-beds →

309 last sold in November 2024 at AED 645 per sqft, 21% above what two-beds in Mazaya 12 were fetching at the time (AED 531). Over the last 12 months two-beds sold for AED 800,000, around AED 755 per sqft, and rent for AED 55,650 to 80,000 a year. 309's AED 46,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 2026800,000
8 Nov 2024775,000
9 Sep 2024593,760
26 Aug 2024593,760
1 2-bed sale in the last 12 months

Mazaya 12

Building

96 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%
Mazaya 12, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 96 units in Mazaya 12
Value
3012-bedAED 600K · May 2019
3022-bedAED 792K · Dec 2014
3031-bedAED 515K · May 2026
3041-bedAED 296K · May 2022
3052-bedAED 731K · Dec 2019
3062-bedAED 485K · Mar 2021
3071-bedAED 350K · Dec 2017
1–7 of 15

309, Mazaya 12 in numbers

  • Sold twice: first on 17 June 2015 for AED 380,632, last on 22 November 2024 for AED 680,000 (AED 645 per sqft).
  • Rented since August 2016 on 8 Ejari contracts. The rent fell from AED 61,668 to AED 33,000 in 2021 and recovered to AED 46,000 by March 2025.
  • At AED 46,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 10,300 a year (AED 9.78 per sqft).
  • Two-beds in Mazaya 12 sold for AED 800,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 712 per sqft.

Source: Dubai Land Department. Updated 5 March 2025.

Questions about 309, Mazaya 12

What did unit 309 last sell for?

AED 680,000 on 22 November 2024: AED 645 per sqft for 1,053 sqft. The unit has 2 registered sales; the first was AED 380,632 in June 2015.

What is the rent for unit 309?

AED 46,000 a year on the contract signed on 5 March 2025. The previous contract, from March 2025, was AED 46,000; the unit has been rented since August 2016.

How big is unit 309?

1,053 sqft (97.8 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 12 sold for AED 800,000 to 800,000 in the last 12 months, around AED 755 per sqft.

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Mortgage on 309, Mazaya 12

Starts from the last sale price (AED 680K, 22 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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