2-bed · 1,146 sqftMazaya 15, Liwan · 3rd floor · completed 2014

309, Mazaya 15

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 740K18 September 2024
Current rentAED 65K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mazaya 15

What is 309 worth today?

Last sold for AED 740,000 in 2024

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1 Dec 2025RentedRenewal
AED 65,000/yr12 months · AED 57 per sqft
1 Dec 2024RentedRenewal
AED 55,000/yr12 months · AED 48 per sqft
18 Sep 2024SoldReady
AED 740,000AED 645 per sqft
1 Jun 2024RentedNew contract
AED 50,000/yr12 months · AED 44 per sqft
1 Dec 2023RentedRenewal
AED 50,000/yr12 months · AED 44 per sqft
1 Dec 2022RentedNew contract
AED 44,500/yr12 months · AED 39 per sqft
28 Oct 2021RentedNew contract
AED 38,000/yr12 months · AED 33 per sqft
1 Aug 2020RentedNew contract
AED 42,000/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed apartment
Size
1,146 sqft
Floor
3rd of 10
Parking
G-47
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,100 /yr
Last sold
AED 740K · September 2024
Building
Mazaya 15

About 309, Mazaya 15

309 is a two-bedroom apartment of 1,146 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 18 September 2024 for AED 740,000, or AED 645 per sqft, 8% above the AED 598 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 65,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 11,100 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical two-bed in Mazaya 15
500K1M2009201420192024Typical sale price by year: 2009 AED 815,687; 2015 AED 583,063; 2016 AED 650,158; 2017 AED 1,000,000; 2024 AED 800,000; 2025 AED 870,000Sold by developer, September 2015: AED 421,039 (AED 367 per sqft)Sold, September 2024: AED 740,000 (AED 645 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in Mazaya 15
50K75K20152018202120242027Typical rent by year: 2015 AED 85,000; 2016 AED 77,500; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 57,000; 2020 AED 45,000; 2021 AED 43,500; 2022 AED 43,000; 2023 AED 51,250; 2024 AED 51,000; 2025 AED 56,990; 2026 AED 69,500New contract, May 2017: AED 50,000 a yearNew contract, May 2018: AED 52,000 a yearRenewal, May 2019: AED 52,364 a yearNew contract, August 2020: AED 42,000 a yearNew contract, October 2021: AED 38,000 a yearNew contract, December 2022: AED 44,500 a yearRenewal, December 2023: AED 50,000 a yearNew contract, June 2024: AED 50,000 a yearRenewal, December 2024: AED 55,000 a yearRenewal, December 2025: AED 65,000 a year

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

2-beds in Mazaya 15, and where 309 sits

All 26 2-beds →

309 last sold in September 2024 at AED 645 per sqft, 8% above what two-beds in Mazaya 15 were fetching at the time (AED 598). Over the last 12 months two-beds sold for AED 860,000, around AED 743 per sqft, and rent for AED 47,000 to 80,000 a year. 309's AED 65,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Apr 2026860,000
20 Oct 2025860,000
18 Jun 2025870,000
13 May 20251,080,000
1 2-bed sale 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
3071-bedAED 340K · Feb 2024
1–7 of 9

309, Mazaya 15 in numbers

  • Sold twice: first on 6 September 2015 for AED 421,039, last on 18 September 2024 for AED 740,000 (AED 645 per sqft).
  • Rented since May 2017 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2021 and recovered to AED 65,000 by December 2025.
  • At AED 65,000 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 11,100 a year (AED 9.65 per sqft).
  • Two-beds in Mazaya 15 sold for AED 860,000–860,000 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 December 2025.

Questions about 309, Mazaya 15

What did unit 309 last sell for?

AED 740,000 on 18 September 2024: AED 645 per sqft for 1,146 sqft. The unit has 2 registered sales; the first was AED 421,039 in September 2015.

What is the rent for unit 309?

AED 65,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 55,000; the unit has been rented since May 2017.

How big is unit 309?

1,146 sqft (106.5 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2014.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 15 sold for AED 860,000 to 860,000 in the last 12 months, around AED 743 per sqft.

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Mortgage on 309, Mazaya 15

Starts from the last sale price (AED 740K, 18 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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