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1-bed · 698 sqftMazaya 15, Liwan · 3rd floor · completed 2014

307, Mazaya 15

Sold prices and rental history: sold twice, last in February 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 14 February 2024
Last soldAED 340K14 February 2024
Current rentAED 25K /yr9 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 307, Mazaya 15

What is 307 worth today?

Last sold for AED 340,000 in 2024

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14 Feb 2024SoldReady
AED 340,000AED 486 per sqft
9 Jan 2022RentedNew contract
AED 25,000/yr12 months · AED 36 per sqft
1 Dec 2020RentedNew contract
AED 25,000/yr12 months · AED 36 per sqft
30 Apr 2009Sold by developerOff-plan
AED 498,386AED 713 per sqft

Source: Dubai Land Department. Updated 14 February 2024.

Key facts

Type
1-bed apartment
Size
698 sqft
Floor
3rd of 10
Parking
G-20
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 340K · February 2024
Building
Mazaya 15

About 307, Mazaya 15

307 is a one-bedroom apartment of 698 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 14 February 2024 for AED 340,000, or AED 486 per sqft, in line with the AED 474 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 9 January 2022, is AED 25,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 6,700 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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 498,386 (AED 713 per sqft)Sold, February 2024: AED 340,000 (AED 486 per sqft)

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

Rents
Unit 307, 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, December 2020: AED 25,000 a yearNew contract, January 2022: AED 25,000 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 307 sits

All 48 1-beds →

307 last sold in February 2024 at AED 486 per sqft, in line with what one-beds in Mazaya 15 were fetching at the time (AED 474). 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. 307's AED 25,000 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
3021-bedAED 450K · Apr 2009
3032-bedAED 860K · Oct 2025
3041-bedAED 610K · Jun 2025
3051-bedAED 249K · Sep 2015
3061-bedAED 450K · Oct 2024
3081-bedAED 643K · Sep 2015
1–7 of 9

307, Mazaya 15 in numbers

  • Sold twice: first on 30 April 2009 for AED 498,386, last on 14 February 2024 for AED 340,000 (AED 486 per sqft).
  • Rented since December 2020 on 2 Ejari contracts, at AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 6,700 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 14 February 2024.

Questions about 307, Mazaya 15

What did unit 307 last sell for?

AED 340,000 on 14 February 2024: AED 486 per sqft for 698 sqft. The unit has 2 registered sales; the first was AED 498,386 in April 2009.

What is the rent for unit 307?

AED 25,000 a year on the contract signed on 9 January 2022. The previous contract, from December 2020, was AED 25,000.

How big is unit 307?

698 sqft (64.8 sqm): a one-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2014.

What is unit 307 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 307, Mazaya 15

Starts from the last sale price (AED 340K, 14 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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