1-bed · 720 sqftMazaya 24, Liwan · 3rd floor · completed 2014

303, Mazaya 24

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 6 May 2024
Last soldAED 400K6 May 2024
Current rentAED 34K /yr6 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Mazaya 24

What is 303 worth today?

Last sold for AED 400,000 in 2024

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6 May 2024SoldReady
AED 400,000AED 555 per sqft
6 May 2024RentedNew contract
AED 33,600/yr12 months · AED 47 per sqft
15 Mar 2021RentedNew contract
AED 26,000/yr12 months · AED 36 per sqft
18 Aug 2019RentedNew contract
AED 32,000/yr12 months · AED 44 per sqft
4 Jul 2015RentedNew contract
AED 50,000/yr12 months · AED 69 per sqft
24 May 2015SoldReady
AED 350,000AED 485 per sqft
18 Dec 2014SoldReady
AED 575,344AED 798 per sqft
7 Feb 2009Sold by developerOff-plan
AED 575,344AED 798 per sqft

Source: Dubai Land Department. Updated 6 May 2024.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
3rd of 5
Parking
G-32
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,700 /yr
Last sold
AED 400K · May 2024
Building
Mazaya 24

About 303, Mazaya 24

303 is a one-bedroom apartment of 720 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 6 May 2024 for AED 400,000, or AED 555 per sqft, in line with the AED 543 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 6 May 2024, is AED 33,600 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 8,700 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Mazaya 24
400K600K2009201420192024Typical sale price by year: 2009 AED 423,391; 2014 AED 479,171; 2015 AED 489,196; 2016 AED 445,000; 2017 AED 418,695; 2022 AED 330,000; 2023 AED 313,750; 2024 AED 370,000; 2026 AED 550,000Sold by developer, February 2009: AED 575,344 (AED 798 per sqft)Sold, December 2014: AED 575,344 (AED 798 per sqft)Sold, May 2015: AED 350,000 (AED 485 per sqft)Sold, May 2024: AED 400,000 (AED 555 per sqft)

303 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 303, each contractTypical one-bed in Mazaya 24
40K20152018202120242027Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 43,000; 2018 AED 40,250; 2019 AED 33,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 33,000; 2024 AED 38,500; 2025 AED 43,000; 2026 AED 47,500New contract, July 2015: AED 50,000 a yearNew contract, August 2019: AED 32,000 a yearNew contract, March 2021: AED 26,000 a yearNew contract, May 2024: AED 33,600 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 24, and where 303 sits

All 45 1-beds →

303 last sold in May 2024 at AED 555 per sqft, in line with what one-beds in Mazaya 24 were fetching at the time (AED 543). Over the last 12 months one-beds sold for AED 425,444 to 640,000, around AED 810 per sqft, and rent for AED 33,000 to 82,000 a year. 303's AED 33,600 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Jul 2026500,000
26 Jun 2026590,000
3 Mar 2026640,000
17 Feb 2026425,444
7 1-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
3012-bedAED 383K · Feb 2015
3021-bedAED 555K · Nov 2016
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

303, Mazaya 24 in numbers

  • Sold 4 times: first on 7 February 2009 for AED 575,344, last on 6 May 2024 for AED 400,000 (AED 555 per sqft).
  • Rented since July 2015 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 26,000 in 2021 and recovered to AED 33,600 by May 2024.
  • At AED 33,600 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 8,700 a year (AED 12.09 per sqft).
  • One-beds in Mazaya 24 sold for AED 425,444–640,000 in the 12 months to November 2026; the building's median across all types is AED 804 per sqft.

Source: Dubai Land Department. Updated 6 May 2024.

Questions about 303, Mazaya 24

What did unit 303 last sell for?

AED 400,000 on 6 May 2024: AED 555 per sqft for 720 sqft. The unit has 4 registered sales; the first was AED 575,344 in February 2009.

What is the rent for unit 303?

AED 33,600 a year on the contract signed on 6 May 2024. The previous contract, from March 2021, was AED 26,000; the unit has been rented since July 2015.

How big is unit 303?

720 sqft (66.9 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2014.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 24 sold for AED 425,444 to 640,000 in the last 12 months, around AED 810 per sqft.

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Mortgage on 303, Mazaya 24

Starts from the last sale price (AED 400K, 6 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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