304, Mazaya 24
Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Mazaya 24
What is 304 worth today?
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Source: Dubai Land Department. Updated 16 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 723 sqft
- Floor
- 3rd of 5
- Parking
- G-31
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 8,700 /yr
- Last sold
- AED 485K · June 2024
- Building
- Mazaya 24
About 304, Mazaya 24
304 is a one-bedroom apartment of 723 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 27 June 2024 for AED 485,000, or AED 670 per sqft, 18% above the AED 568 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 16 September 2024, is AED 43,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 8,700 a year.
Sales and rents for 304 over time
304 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 304 sits
All 45 1-beds →304 last sold in June 2024 at AED 670 per sqft, 18% above what one-beds in Mazaya 24 were fetching at the time (AED 568). 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. 304's AED 43,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202610 July 2026 | 565 sqft | 500,000 | 884 | ||
| 26 Jun 202626 June 2026 | 728 sqft | 590,000 | 810 | ||
| 3 Mar 20263 March 2026 | 930 sqft | 640,000 | 688 | ||
| 17 Feb 202617 February 2026 | 720 sqft | 425,444 | 590 |
Mazaya 24
Building65 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%
Other units on the 3rd floor
All 65 units in Mazaya 24| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,040 sqft | AED 383KAED 383,387 · Feb 2015February 2015 | 60,000 /yr | |
| 302 | 1-bed | 728 sqft | AED 555KAED 555,000 · Nov 2016November 2016 | 39,359 /yr | |
| 303 | 1-bed | 720 sqft | AED 400KAED 400,000 · May 2024May 2024 | 33,600 /yr | |
| 305 | 2-bed | 1,042 sqft | AED 760KAED 760,000 · Feb 2009February 2009 | 50,600 /yr | |
| 306 | 1-bed | 567 sqft | AED 410KAED 410,000 · Dec 2017December 2017 | 48,000 /yr | |
| 307 | 1-bed | 152 sqft | AED 394KAED 393,575 · Feb 2009February 2009 | 43,000 /yr | |
| 308 | 2-bed | 1,054 sqft | AED 525KAED 525,000 · Nov 2022November 2022 | 38,000 /yr | |
| 309 | 1-bed | 928 sqft | AED 580KAED 580,000 · Oct 2017October 2017 | 55,000 /yr | |
| 310 | 1-bed | 929 sqft | No registered sale | 75,000 /yr | |
| 311 | 2-bed | 1,053 sqft | AED 600KAED 600,000 · Jun 2018June 2018 | 65,000 /yr | |
| 312 | 1-bed | 571 sqft | AED 417KAED 417,423 · Jan 2015January 2015 | 41,000 /yr | |
| 313 | 1-bed | 565 sqft | AED 400KAED 400,000 · Jun 2018June 2018 | 42,000 /yr |
304, Mazaya 24 in numbers
- Sold 3 times: first on 7 February 2009 for AED 553,898, last on 27 June 2024 for AED 485,000 (AED 670 per sqft).
- Rented since December 2014 on 8 Ejari contracts. The rent fell from AED 53,000 to AED 28,000 in 2021 and recovered to AED 43,000 by September 2024.
- At AED 43,000 a year the gross yield on the 2024 price is 8.9%, 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 16 September 2024.
Questions about 304, Mazaya 24
What did unit 304 last sell for?
AED 485,000 on 27 June 2024: AED 670 per sqft for 723 sqft. The unit has 3 registered sales; the first was AED 553,898 in February 2009.
What is the rent for unit 304?
AED 43,000 a year on the contract signed on 16 September 2024. The previous contract, from April 2023, was AED 36,000; the unit has been rented since December 2014.
How big is unit 304?
723 sqft (67.2 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2014.
What is unit 304 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 304, Mazaya 24
Starts from the last sale price (AED 485K, 27 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 485,000
- Deposit, UAE resident (20%)
- AED 97,000
- Deposit, non-resident (40%)
- AED 194,000
- Monthly over 25 years at 3.7%
- AED 1,984
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →