307, Mazaya 16
Sold prices and rental history: sold once, by the developer in January 2017, 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 307, Mazaya 16
What is 307 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 628 sqft
- Floor
- 3rd of 9
- Parking
- G-23
- Developer
- Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
- Completed
- 2016
- Service charge
- AED 8,500 /yr
- Last sold
- AED 314K · January 2017
- Building
- Mazaya 16
About 307, Mazaya 16
307 is a studio of 628 sqft on the 3rd floor of Mazaya 16, a 9-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 16 January 2017 for AED 313,880, or AED 500 per sqft, in line with the AED 501 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 5 June 2025, is AED 37,000 a year: a gross yield of 11.8% on the 2017 price, before the service charge of about AED 8,500 a year.
Sales and rents for 307 over time
307 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Mazaya 16, and where 307 sits
All 18 studios →307 last sold in January 2017 at AED 500 per sqft, in line with what studios in Mazaya 16 were fetching at the time (AED 501). 307's AED 37,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jan 201716 January 2017 | 628 sqft | 313,880 | 500 | ||
| 16 Jan 201716 January 2017 | 628 sqft | 313,880 | 500 | ||
| 16 Jan 201716 January 2017 | 628 sqft | 313,880 | 500 | ||
| 16 Jan 201716 January 2017 | 628 sqft | 313,880 | 500 |
Mazaya 16
Building108 apartments, studios to 2-bed over 9 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 47K /yr
- Typical yield
Other units on the 3rd floor
All 108 units in Mazaya 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 1,040 sqft | AED 520KAED 520,170 · Jan 2017January 2017 | 60,000 /yr | |
| 302 | 1-bed | 1,070 sqft | AED 535KAED 534,755 · Jan 2017January 2017 | 47,000 /yr | |
| 303 | Studio | 398 sqft | AED 310KAED 309,744 · Sep 2016September 2016 | 25,000 /yr | |
| 304 | 1-bed | 1,053 sqft | AED 526KAED 526,465 · Jan 2017January 2017 | 60,000 /yr | |
| 305 | 1-bed | 823 sqft | AED 634KAED 633,556 · Sep 2016September 2016 | 44,000 /yr | |
| 306 | 1-bed | 829 sqft | AED 415KAED 414,735 · Jan 2017January 2017 | 38,000 /yr | |
| 308 | 1-bed | 908 sqft | AED 454KAED 454,185 · Jan 2017January 2017 | 44,000 /yr | |
| 309 | 1-bed | 825 sqft | AED 413KAED 412,745 · Jan 2017January 2017 | 25,000 /yr | |
| 310 | 2-bed | 1,289 sqft | AED 646KAED 645,515 · Jan 2017January 2017 | 72,000 /yr | |
| 311 | 2-bed | 1,191 sqft | AED 597KAED 596,810 · Jan 2017January 2017 | 60,000 /yr | |
| 312 | 1-bed | 817 sqft | AED 621KAED 620,996 · Sep 2016September 2016 | 45,000 /yr |
307, Mazaya 16 in numbers
- Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 16 January 2017 for AED 313,880, or AED 500 per sqft.
- Rented since March 2017 on 9 Ejari contracts. The rent fell from AED 44,000 to AED 23,000 in 2021 and recovered to AED 37,000 by June 2025.
- At AED 37,000 a year the gross yield on the 2017 price is 11.8%, before a service charge of about AED 8,500 a year (AED 13.60 per sqft).
Source: Dubai Land Department. Updated 5 June 2025.
Questions about 307, Mazaya 16
What did unit 307 last sell for?
AED 313,880 on 16 January 2017, sold by the developer: AED 500 per sqft for 628 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 37,000 a year on the contract renewed on 5 June 2025. The previous contract, from June 2024, was AED 33,500; the unit has been rented since March 2017.
How big is unit 307?
628 sqft (58.3 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2016.
What is unit 307 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 307? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 307, Mazaya 16
Starts from the last sale price (AED 314K, 16 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 313,880
- Deposit, UAE resident (20%)
- AED 62,776
- Deposit, non-resident (40%)
- AED 125,552
- Monthly over 25 years at 3.7%
- AED 1,284
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →