1-bed · 1,073 sqftMazaya 22, Liwan · 3rd floor · completed 2014

311, Mazaya 22

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 550K21 March 2024
Current rentAED 33K /yr18 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Mazaya 22

What is 311 worth today?

Last sold for AED 550,000 in 2024

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21 Mar 2024SoldReady
AED 550,000AED 512 per sqft
27 Jul 2023Sold by developerReady
AED 425,000AED 395 per sqft
18 Dec 2022RentedRenewal
AED 33,000/yr12 months · AED 31 per sqft
18 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 28 per sqft
18 Dec 2020RentedRenewal
AED 30,000/yr12 months · AED 28 per sqft
18 Dec 2019RentedNew contract
AED 35,000/yr12 months · AED 33 per sqft

Source: Dubai Land Department. Updated 21 March 2024.

Key facts

Type
1-bed apartment
Size
1,073 sqft
Floor
3rd of 6
Parking
G-03
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 13,100 /yr
Last sold
AED 550K · March 2024
Building
Mazaya 22

About 311, Mazaya 22

311 is a one-bedroom apartment of 1,073 sqft on the 3rd floor of Mazaya 22, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 21 March 2024 for AED 550,000, or AED 512 per sqft, 12% above the AED 457 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 18 December 2022, is AED 33,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 13,100 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in Mazaya 22
400K2009201420192024Typical sale price by year: 2009 AED 412,304; 2014 AED 473,930; 2015 AED 360,000; 2017 AED 475,000; 2022 AED 320,000; 2023 AED 410,000; 2024 AED 512,500; 2025 AED 525,000; 2026 AED 505,000Sold by developer, July 2023: AED 425,000 (AED 395 per sqft)Sold, March 2024: AED 550,000 (AED 512 per sqft)

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

Rents
Unit 311, each contractTypical one-bed in Mazaya 22
20K40K20152018202120242027Typical rent by year: 2015 AED 48,000; 2016 AED 49,000; 2017 AED 46,563; 2018 AED 40,000; 2019 AED 34,000; 2020 AED 26,250; 2021 AED 24,000; 2022 AED 27,384; 2023 AED 32,000; 2024 AED 36,800; 2025 AED 43,000; 2026 AED 46,000New contract, December 2019: AED 35,000 a yearRenewal, December 2020: AED 30,000 a yearNew contract, December 2021: AED 30,000 a yearRenewal, December 2022: AED 33,000 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 22, and where 311 sits

All 37 1-beds →

311 last sold in March 2024 at AED 512 per sqft, 12% above what one-beds in Mazaya 22 were fetching at the time (AED 457). Over the last 12 months one-beds sold for AED 499,000 to 610,000, around AED 878 per sqft, and rent for AED 40,000 to 58,000 a year. 311's AED 33,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Oct 2026499,000
9 Apr 2026610,000
26 Jan 2026505,000
24 Jul 2025525,000
3 1-bed sales in the last 12 months

Mazaya 22

Building

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

Typical price per sqft
AED 878
Typical sale
AED 505K
Typical rent
AED 47K /yr
Typical yield
7.9%
Mazaya 22, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 55 units in Mazaya 22
Value
3011-bedAED 440K · Sep 2023
3021-bedAED 550K · Jul 2024
3031-bedAED 505K · Jan 2026
3041-bedAED 589K · Apr 2015
3052-bedAED 391K · Sep 2015
3061-bedAED 499K · Oct 2026
3071-bedAED 330K · Feb 2023
1–7 of 11

311, Mazaya 22 in numbers

  • Sold twice: first on 27 July 2023 for AED 425,000, last on 21 March 2024 for AED 550,000 (AED 512 per sqft).
  • Rented since December 2019 on 4 Ejari contracts, from AED 35,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 13,100 a year (AED 12.18 per sqft).
  • One-beds in Mazaya 22 sold for AED 499,000–610,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.

Source: Dubai Land Department. Updated 21 March 2024.

Questions about 311, Mazaya 22

What did unit 311 last sell for?

AED 550,000 on 21 March 2024: AED 512 per sqft for 1,073 sqft. The unit has 2 registered sales; the first was AED 425,000 in July 2023.

What is the rent for unit 311?

AED 33,000 a year on the contract renewed on 18 December 2022. The previous contract, from December 2021, was AED 30,000; the unit has been rented since December 2019.

How big is unit 311?

1,073 sqft (99.7 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 22 sold for AED 499,000 to 610,000 in the last 12 months, around AED 878 per sqft.

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Mortgage on 311, Mazaya 22

Starts from the last sale price (AED 550K, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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