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1-bed · 668 sqftMazaya 15, Liwan · 3rd floor · completed 2014

302, Mazaya 15

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 450K30 April 2009
Current rentAED 20K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, Mazaya 15

What is 302 worth today?

Last sold for AED 450,111 in 2009

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1 Nov 2020RentedNew contract
AED 20,000/yr12 months · AED 30 per sqft
15 Feb 2019RentedNew contract
AED 42,000/yr12 months · AED 63 per sqft
7 Jul 2016RentedRenewal
AED 52,000/yr12 months · AED 78 per sqft
7 Jul 2015RentedNew contract
AED 52,000/yr12 months · AED 78 per sqft
30 Apr 2009Sold by developerOff-plan
AED 450,111AED 673 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
3rd of 10
Parking
G-24
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 450K · April 2009
Building
Mazaya 15

About 302, Mazaya 15

302 is a one-bedroom apartment of 668 sqft on the 3rd floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 30 April 2009 for AED 450,111, or AED 673 per sqft, 5% below the AED 708 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 November 2020, is AED 20,000 a year: a gross yield of 4.4% on the 2009 price, before the service charge of about AED 6,400 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Mazaya 15
400K600K2009201420192024Typical sale price by year: 2009 AED 531,221; 2013 AED 374,500; 2015 AED 332,286; 2016 AED 564,292; 2017 AED 530,000; 2018 AED 565,000; 2022 AED 317,500; 2023 AED 387,000; 2024 AED 442,500; 2025 AED 537,500; 2026 AED 585,000Sold by developer, April 2009: AED 450,111 (AED 673 per sqft)

302 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 302, each contractTypical one-bed in Mazaya 15
20K40K20152018202120242027Typical rent by year: 2015 AED 53,000; 2016 AED 51,500; 2017 AED 46,000; 2018 AED 41,500; 2019 AED 35,000; 2020 AED 29,918; 2021 AED 25,600; 2022 AED 28,875; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 46,000; 2026 AED 50,000New contract, July 2015: AED 52,000 a yearRenewal, July 2016: AED 52,000 a yearNew contract, February 2019: AED 42,000 a yearNew contract, November 2020: AED 20,000 a year

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

1-beds in Mazaya 15, and where 302 sits

All 48 1-beds →

302 last sold in April 2009 at AED 673 per sqft, 5% below what one-beds in Mazaya 15 were fetching at the time (AED 708). Over the last 12 months one-beds sold for AED 495,000 to 655,979, around AED 730 per sqft, and rent for AED 38,808 to 56,000 a year. 302's AED 20,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 2026620,000
8 Jun 2026495,000
15 Apr 2026550,000
6 Jan 2026655,979
4 1-bed sales in the last 12 months

Mazaya 15

Building

82 apartments, 1-bed to 3-bed over 10 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 6 sold in the last 12 months.

Typical price per sqft
AED 737
Typical sale
AED 638K
Typical rent
AED 52K /yr
Typical yield
8.8%
Mazaya 15, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 82 units in Mazaya 15
Value
3011-bedAED 609K · Aug 2014
3032-bedAED 860K · Oct 2025
3041-bedAED 610K · Jun 2025
3051-bedAED 249K · Sep 2015
3061-bedAED 450K · Oct 2024
3071-bedAED 340K · Feb 2024
3081-bedAED 643K · Sep 2015
1–7 of 9

302, Mazaya 15 in numbers

  • Sold once: by Al Mazaya Real Estate on 30 April 2009 for AED 450,111, or AED 673 per sqft.
  • Rented since July 2015 on 4 Ejari contracts, from AED 52,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2009 price is 4.4%, before a service charge of about AED 6,400 a year (AED 9.65 per sqft).
  • One-beds in Mazaya 15 sold for AED 495,000–655,979 in the 12 months to November 2026; the building's median across all types is AED 737 per sqft.

Source: Dubai Land Department. Updated 1 November 2020.

Questions about 302, Mazaya 15

What did unit 302 last sell for?

AED 450,111 on 30 April 2009, sold by the developer: AED 673 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 20,000 a year on the contract signed on 1 November 2020. The previous contract, from February 2019, was AED 42,000; the unit has been rented since July 2015.

How big is unit 302?

668 sqft (62.1 sqm): a one-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2014.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 15 sold for AED 495,000 to 655,979 in the last 12 months, around AED 730 per sqft.

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Mortgage on 302, Mazaya 15

Starts from the last sale price (AED 450K, 30 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 450,111
Deposit, UAE resident (20%)
AED 90,022
Deposit, non-resident (40%)
AED 180,044
Monthly over 25 years at 3.7%
AED 1,842

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