1-bed · 152 sqftMazaya 24, Liwan · 3rd floor · completed 2014

307, Mazaya 24

Sold prices and rental history: sold once, by the developer in February 2009, and rented once, from July 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 12 July 2017
Last soldAED 394K7 February 2009
Current rentAED 43K /yr12 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Mazaya 24

What is 307 worth today?

Last sold for AED 393,575 in 2009

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12 Jul 2017RentedNew contract
AED 43,000/yr12 months · AED 75 per sqft
7 Feb 2009Sold by developerOff-plan
AED 393,575AED 690 per sqft

Source: Dubai Land Department. Updated 12 July 2017.

Key facts

Type
1-bed apartment
Size
152 sqft
Floor
3rd of 5
Parking
G-09
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 1,800 /yr
Last sold
AED 394K · February 2009
Building
Mazaya 24

About 307, Mazaya 24

307 is a one-bedroom apartment of 152 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 393,575, or AED 690 per sqft, 4% below the AED 719 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 July 2017. The current contract, signed on 12 July 2017, is AED 43,000 a year: a gross yield of 10.9% on the 2009 price, before the service charge of about AED 1,800 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Mazaya 24
400K2009201420192024Typical 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 393,575 (AED 690 per sqft)

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

Rents
Unit 307, 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 2017: AED 43,000 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 24, and where 307 sits

All 45 1-beds →

307 last sold in February 2009 at AED 690 per sqft, 4% below what one-beds in Mazaya 24 were fetching at the time (AED 719). 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. 307's AED 43,000 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
3031-bedAED 400K · May 2024
3041-bedAED 485K · Jun 2024
3052-bedAED 760K · Feb 2009
3061-bedAED 410K · Dec 2017
3082-bedAED 525K · Nov 2022
1–7 of 12

307, Mazaya 24 in numbers

  • Sold once: by Al Mazaya Real Estate on 7 February 2009 for AED 393,575, or AED 690 per sqft.
  • Rented since July 2017 on one Ejari contract, at AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2009 price is 10.9%, before a service charge of about AED 1,800 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 12 July 2017.

Questions about 307, Mazaya 24

What did unit 307 last sell for?

AED 393,575 on 7 February 2009, sold by the developer: AED 690 per sqft for 152 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 43,000 a year on the contract signed on 12 July 2017.

How big is unit 307?

152 sqft (14.1 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2014.

What is unit 307 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 307, Mazaya 24

Starts from the last sale price (AED 394K, 7 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 393,575
Deposit, UAE resident (20%)
AED 78,715
Deposit, non-resident (40%)
AED 157,430
Monthly over 25 years at 3.7%
AED 1,610

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