2-bed · 1,040 sqftMazaya 24, Liwan · 3rd floor · completed 2014

301, Mazaya 24

Sold prices and rental history: sold twice, last in February 2015, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 21 October 2022
Last soldAED 383K9 February 2015
Current rentAED 60K /yr21 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Mazaya 24

What is 301 worth today?

Last sold for AED 383,387 in 2015

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21 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 57 per sqft
9 Feb 2015SoldReady
AED 383,387AED 368 per sqft
7 Apr 2009Sold by developerOff-plan
AED 766,774AED 737 per sqft

Source: Dubai Land Department. Updated 21 October 2022.

Key facts

Type
2-bed apartment
Size
1,040 sqft
Floor
3rd of 5
Parking
G-46
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,600 /yr
Last sold
AED 383K · February 2015
Building
Mazaya 24

About 301, Mazaya 24

301 is a two-bedroom apartment of 1,040 sqft on the 3rd floor of Mazaya 24, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 9 February 2015 for AED 383,387, or AED 368 per sqft, 49% below the AED 723 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 21 October 2022. The current contract, signed on 21 October 2022, is AED 60,000 a year: a gross yield of 15.7% on the 2015 price, before the service charge of about AED 12,600 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Mazaya 24
500K750K2009201420192024Typical sale price by year: 2009 AED 771,295; 2014 AED 762,000; 2015 AED 448,734; 2016 AED 582,500; 2024 AED 665,000; 2026 AED 840,000Sold by developer, April 2009: AED 766,774 (AED 737 per sqft)Sold, February 2015: AED 383,387 (AED 368 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Mazaya 24
40K60K2014201820222026Typical rent by year: 2014 AED 72,000; 2015 AED 70,000; 2016 AED 66,500; 2017 AED 60,000; 2018 AED 57,000; 2019 AED 48,000; 2020 AED 39,889; 2021 AED 35,000; 2022 AED 38,500; 2023 AED 48,000; 2024 AED 55,125; 2025 AED 65,000; 2026 AED 62,500New contract, October 2022: AED 60,000 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 24, and where 301 sits

All 20 2-beds →

301 last sold in February 2015 at AED 368 per sqft, 49% below what two-beds in Mazaya 24 were fetching at the time (AED 723). Over the last 12 months two-beds sold for AED 800,000 to 860,000, around AED 797 per sqft, and rent for AED 35,000 to 66,000 a year. 301's AED 60,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Oct 2026860,000
8 May 2026840,000
20 Feb 2026800,000
19 Nov 2024675,000
3 2-bed sales in the last 12 months

Mazaya 24

Building

65 apartments, 1-bed to 2-bed over 5 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.

Typical price per sqft
AED 804
Typical sale
AED 575K
Typical rent
AED 48K /yr
Typical yield
9.2%
Mazaya 24, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 65 units in Mazaya 24
Value
3021-bedAED 555K · Nov 2016
3031-bedAED 400K · May 2024
3041-bedAED 485K · Jun 2024
3052-bedAED 760K · Feb 2009
3061-bedAED 410K · Dec 2017
3071-bedAED 394K · Feb 2009
3082-bedAED 525K · Nov 2022
1–7 of 12

301, Mazaya 24 in numbers

  • Sold twice: first on 7 April 2009 for AED 766,774, last on 9 February 2015 for AED 383,387 (AED 368 per sqft).
  • Rented since October 2022 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 15.7%, before a service charge of about AED 12,600 a year (AED 12.09 per sqft).
  • Two-beds in Mazaya 24 sold for AED 800,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 804 per sqft.

Source: Dubai Land Department. Updated 21 October 2022.

Questions about 301, Mazaya 24

What did unit 301 last sell for?

AED 383,387 on 9 February 2015: AED 368 per sqft for 1,040 sqft. The unit has 2 registered sales; the first was AED 766,774 in April 2009.

What is the rent for unit 301?

AED 60,000 a year on the contract signed on 21 October 2022.

How big is unit 301?

1,040 sqft (96.6 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2014.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 24 sold for AED 800,000 to 860,000 in the last 12 months, around AED 797 per sqft.

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Mortgage on 301, Mazaya 24

Starts from the last sale price (AED 383K, 9 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 383,387
Deposit, UAE resident (20%)
AED 76,677
Deposit, non-resident (40%)
AED 153,355
Monthly over 25 years at 3.7%
AED 1,569

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