2-bed · 1,042 sqftMazaya 24, Liwan · 3rd floor · completed 2014

305, Mazaya 24

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 760K7 February 2009
Current rentAED 51K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Mazaya 24

What is 305 worth today?

Last sold for AED 760,000 in 2009

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1 Apr 2025RentedRenewal
AED 50,600/yr12 months · AED 48 per sqft
1 Apr 2025RentedRenewal
AED 50,600/yr12 months · AED 48 per sqft
1 Apr 2024RentedRenewal
AED 50,600/yr12 months · AED 48 per sqft
1 Apr 2023RentedNew contract
AED 46,000/yr12 months · AED 44 per sqft
1 Jan 2021RentedNew contract
AED 33,000/yr19 months · AED 32 per sqft
10 Nov 2020RentedRenewal
AED 36,000/yr12 months · AED 34 per sqft
10 Nov 2019RentedNew contract
AED 43,000/yr12 months · AED 41 per sqft
7 Feb 2009Sold by developerOff-plan
AED 760,000AED 729 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
1,042 sqft
Floor
3rd of 5
Parking
G-55
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,600 /yr
Last sold
AED 760K · February 2009
Building
Mazaya 24

About 305, Mazaya 24

305 is a two-bedroom apartment of 1,042 sqft on the 3rd floor of Mazaya 24, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 7 February 2009 for AED 760,000, or AED 729 per sqft, in line with the AED 733 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 50,600 a year: a gross yield of 6.7% on the 2009 price, before the service charge of about AED 12,600 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Mazaya 24
400K600K800K2009201420192024Typical 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, February 2009: AED 760,000 (AED 729 per sqft)

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

Rents
Unit 305, 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, November 2019: AED 43,000 a yearRenewal, November 2020: AED 36,000 a yearNew contract, January 2021: AED 33,000 a yearNew contract, April 2023: AED 46,000 a yearRenewal, April 2024: AED 50,600 a yearRenewal, April 2025: AED 50,600 a yearRenewal, April 2025: AED 50,600 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 305 sits

All 20 2-beds →

305 last sold in February 2009 at AED 729 per sqft, in line with what two-beds in Mazaya 24 were fetching at the time (AED 733). 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. 305's AED 50,600 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
3012-bedAED 383K · Feb 2015
3021-bedAED 555K · Nov 2016
3031-bedAED 400K · May 2024
3041-bedAED 485K · Jun 2024
3061-bedAED 410K · Dec 2017
3071-bedAED 394K · Feb 2009
3082-bedAED 525K · Nov 2022
1–7 of 12

305, Mazaya 24 in numbers

  • Sold once: by Al Mazaya Real Estate on 7 February 2009 for AED 760,000, or AED 729 per sqft.
  • Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 43,000 to AED 33,000 in 2021 and recovered to AED 50,600 by April 2025.
  • At AED 50,600 a year the gross yield on the 2009 price is 6.7%, 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 1 April 2025.

Questions about 305, Mazaya 24

What did unit 305 last sell for?

AED 760,000 on 7 February 2009, sold by the developer: AED 729 per sqft for 1,042 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 50,600 a year on the contract renewed on 1 April 2025. The previous contract, from April 2025, was AED 50,600; the unit has been rented since November 2019.

How big is unit 305?

1,042 sqft (96.8 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2014.

What is unit 305 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 305, Mazaya 24

Starts from the last sale price (AED 760K, 7 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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