3-bed · 1,610 sqftMazaya 12, Liwan · 3rd floor · completed 2014

315, Mazaya 12

Sold prices and rental history: sold twice, last in June 2015, and rented once, from April 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 16 June 2015
Last soldAED 650K16 June 2015
Current rentAED 70K /yr1 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Mazaya 12

What is 315 worth today?

Last sold for AED 650,000 in 2015

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16 Jun 2015SoldReady
AED 650,000AED 403 per sqft
14 Apr 2015Sold by developerReady
AED 1,127,000AED 700 per sqft
1 Apr 2015RentedNew contract
AED 70,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 16 June 2015.

Key facts

Type
3-bed apartment
Size
1,610 sqft
Floor
3rd of 6
Parking
G-55
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 15,700 /yr
Last sold
AED 650K · June 2015
Building
Mazaya 12

About 315, Mazaya 12

315 is a three-bedroom apartment of 1,610 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 16 June 2015 for AED 650,000, or AED 403 per sqft, 42% below the AED 700 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2015. The current contract, signed on 1 April 2015, is AED 70,000 a year: a gross yield of 10.8% on the 2015 price, before the service charge of about AED 15,700 a year.

3-beds in Mazaya 12, and where 315 sits

All 6 3-beds →

315 last sold in June 2015 at AED 403 per sqft, 42% below what three-beds in Mazaya 12 were fetching at the time (AED 700). Over the last 12 months three-beds sold for AED 1,250,000, around AED 776 per sqft, and rent for AED 110,000 to 110,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Jul 20261,250,000
20 Oct 20251,425,000
22 Nov 2022815,000
29 Jun 2022750,000
1 3-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

315, Mazaya 12 in numbers

  • Sold twice: first on 14 April 2015 for AED 1,127,000, last on 16 June 2015 for AED 650,000 (AED 403 per sqft).
  • Rented since April 2015 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2015 price is 10.8%, before a service charge of about AED 15,700 a year (AED 9.78 per sqft).
  • Three-beds in Mazaya 12 sold for AED 1,250,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 712 per sqft.

Source: Dubai Land Department. Updated 16 June 2015.

Questions about 315, Mazaya 12

What did unit 315 last sell for?

AED 650,000 on 16 June 2015: AED 403 per sqft for 1,610 sqft. The unit has 2 registered sales; the first was AED 1,127,000 in April 2015.

What is the rent for unit 315?

AED 70,000 a year on the contract signed on 1 April 2015.

How big is unit 315?

1,610 sqft (149.6 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 315 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 12 sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 776 per sqft.

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Mortgage on 315, Mazaya 12

Starts from the last sale price (AED 650K, 16 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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