308, Mazaya 14
Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Mazaya 14
What is 308 worth today?
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Source: Dubai Land Department. Updated 25 February 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,281 sqft
- Floor
- 3rd of 11
- Parking
- G-67
- Developer
- Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
- Completed
- 2016
- Service charge
- AED 17,400 /yr
- Last sold
- AED 642K · December 2016
- Building
- Mazaya 14
About 308, Mazaya 14
308 is a two-bedroom apartment of 1,281 sqft on the 3rd floor of Mazaya 14, a 11-storey tower in Liwan completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 22 December 2016 for AED 641,805, or AED 501 per sqft, in line with the AED 500 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 25 February 2022, is AED 50,000 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 17,400 a year.
Sales and rents for 308 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 14, and where 308 sits
All 22 2-beds →308 last sold in December 2016 at AED 501 per sqft, in line with what two-beds in Mazaya 14 were fetching at the time (AED 500). 308's AED 50,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jan 201715 January 2017 | 1,327 sqft | 664,945 | 500 | ||
| 22 Dec 201622 December 2016 | 1,327 sqft | 664,945 | 500 | ||
| 22 Dec 201622 December 2016 | 1,281 sqft | 641,640 | 500 | ||
| 22 Dec 201622 December 2016 | 1,328 sqft | 665,055 | 500 |
Mazaya 14
Building121 apartments, studios to 2-bed over 11 floors in Liwan, completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 48K /yr
- Typical yield
Other units on the 3rd floor
All 121 units in Mazaya 14| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 899 sqft | AED 450KAED 449,665 · Dec 2016December 2016 | 40,500 /yr | |
| 302 | 1-bed | 1,029 sqft | AED 515KAED 514,735 · Dec 2016December 2016 | 55,000 /yr | |
| 303 | 1-bed | 804 sqft | AED 402KAED 401,765 · Dec 2016December 2016 | 48,000 /yr | |
| 304 | 1-bed | 961 sqft | AED 480KAED 480,345 · Dec 2016December 2016 | 45,000 /yr | |
| 305 | 1-bed | 842 sqft | AED 421KAED 421,035 · Dec 2016December 2016 | 58,000 /yr | |
| 306 | 1-bed | 858 sqft | AED 429KAED 429,055 · Dec 2016December 2016 | 41,000 /yr | |
| 307 | Studio | 519 sqft | AED 259KAED 259,305 · Dec 2016December 2016 | 33,000 /yr | |
| 309 | 2-bed | 1,328 sqft | AED 665KAED 665,055 · Dec 2016December 2016 | 75,000 /yr | |
| 310 | Studio | 623 sqft | AED 311KAED 311,350 · Dec 2016December 2016 | 43,000 /yr | |
| 311 | 1-bed | 898 sqft | AED 449KAED 449,235 · Dec 2016December 2016 | 53,000 /yr |
308, Mazaya 14 in numbers
- Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 22 December 2016 for AED 641,805, or AED 501 per sqft.
- Rented since January 2017 on 6 Ejari contracts, from AED 74,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 17,400 a year (AED 13.60 per sqft).
Source: Dubai Land Department. Updated 25 February 2022.
Questions about 308, Mazaya 14
What did unit 308 last sell for?
AED 641,805 on 22 December 2016, sold by the developer: AED 501 per sqft for 1,281 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 50,000 a year on the contract renewed on 25 February 2022. The previous contract, from February 2021, was AED 50,000; the unit has been rented since January 2017.
How big is unit 308?
1,281 sqft (119.0 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2016.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 308, Mazaya 14
Starts from the last sale price (AED 642K, 22 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 641,805
- Deposit, UAE resident (20%)
- AED 128,361
- Deposit, non-resident (40%)
- AED 256,722
- Monthly over 25 years at 3.7%
- AED 2,626
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →