1-bed · 718 sqftMazaya 15, Liwan · 3rd floor · completed 2014

306, Mazaya 15

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 22 May 2025
Last soldAED 450K23 October 2024
Current rentAED 35K /yr22 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Mazaya 15

What is 306 worth today?

Last sold for AED 450,000 in 2024

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22 May 2025RentedRenewal
AED 34,650/yr6 months · AED 48 per sqft
22 May 2025RentedRenewal
AED 38,115/yr12 months · AED 53 per sqft
23 Oct 2024SoldReady
AED 450,000AED 626 per sqft
30 Jul 2024SoldReady
AED 390,000AED 543 per sqft
22 May 2024RentedRenewal
AED 34,650/yr12 months · AED 48 per sqft
23 May 2023RentedRenewal
AED 33,092/yr12 months · AED 46 per sqft
23 May 2022RentedNew contract
AED 30,000/yr12 months · AED 42 per sqft
20 Dec 2018RentedNew contract
AED 36,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 22 May 2025.

Key facts

Type
1-bed apartment
Size
718 sqft
Floor
3rd of 10
Parking
G-30
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 450K · October 2024
Building
Mazaya 15

About 306, Mazaya 15

306 is a one-bedroom apartment of 718 sqft on the 3rd floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 23 October 2024 for AED 450,000, or AED 626 per sqft, 6% above the AED 588 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 22 May 2025, is AED 34,650 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 6,900 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, September 2015: AED 262,741 (AED 366 per sqft)Sold, July 2024: AED 390,000 (AED 543 per sqft)Sold, October 2024: AED 450,000 (AED 626 per sqft)

306 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 306, each contractTypical one-bed in Mazaya 15
40K60K20152018202120242027Typical 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 55,000 a yearNew contract, November 2017: AED 45,000 a yearNew contract, December 2018: AED 36,000 a yearNew contract, May 2022: AED 30,000 a yearRenewal, May 2023: AED 33,092 a yearRenewal, May 2024: AED 34,650 a yearRenewal, May 2025: AED 34,650 a yearRenewal, May 2025: AED 38,115 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 306 sits

All 48 1-beds →

306 last sold in October 2024 at AED 626 per sqft, 6% above what one-beds in Mazaya 15 were fetching at the time (AED 588). 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. 306's AED 34,650 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
3021-bedAED 450K · Apr 2009
3032-bedAED 860K · Oct 2025
3041-bedAED 610K · Jun 2025
3051-bedAED 249K · Sep 2015
3071-bedAED 340K · Feb 2024
3081-bedAED 643K · Sep 2015
1–7 of 9

306, Mazaya 15 in numbers

  • Sold 3 times: first on 6 September 2015 for AED 262,741, last on 23 October 2024 for AED 450,000 (AED 626 per sqft).
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2022 and recovered to AED 34,650 by May 2025.
  • At AED 34,650 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 6,900 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 22 May 2025.

Questions about 306, Mazaya 15

What did unit 306 last sell for?

AED 450,000 on 23 October 2024: AED 626 per sqft for 718 sqft. The unit has 3 registered sales; the first was AED 262,741 in September 2015.

What is the rent for unit 306?

AED 34,650 a year on the contract renewed on 22 May 2025. The previous contract, from May 2025, was AED 38,115; the unit has been rented since July 2015.

How big is unit 306?

718 sqft (66.7 sqm): a one-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2014.

What is unit 306 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 306, Mazaya 15

Starts from the last sale price (AED 450K, 23 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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