1-bed · 571 sqftMazaya 24, Liwan · 3rd floor · completed 2014

312, Mazaya 24

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

Unit 312 · DLD and Ejari recordsUpdated 14 February 2018
Last soldAED 417K25 January 2015
Current rentAED 41K /yr14 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Mazaya 24

What is 312 worth today?

Last sold for AED 417,423 in 2015

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14 Feb 2018RentedNew contract
AED 41,000/yr12 months · AED 72 per sqft
5 Feb 2017RentedRenewal
AED 47,250/yr12 months · AED 83 per sqft
5 Feb 2016RentedNew contract
AED 45,000/yr12 months · AED 79 per sqft
25 Jan 2015SoldReady
AED 417,423AED 731 per sqft
25 Jan 2015RentedNew contract
AED 49,000/yr12 months · AED 86 per sqft
7 Feb 2009Sold by developerOff-plan
AED 417,423AED 731 per sqft

Source: Dubai Land Department. Updated 14 February 2018.

Key facts

Type
1-bed apartment
Size
571 sqft
Floor
3rd of 5
Parking
G-07
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 417K · January 2015
Building
Mazaya 24

About 312, Mazaya 24

312 is a one-bedroom apartment of 571 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 25 January 2015 for AED 417,423, or AED 731 per sqft, 4% below the AED 759 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 14 February 2018, is AED 41,000 a year: a gross yield of 9.8% on the 2015 price, before the service charge of about AED 6,900 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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 417,423 (AED 731 per sqft)Sold, January 2015: AED 417,423 (AED 731 per sqft)

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

Rents
Unit 312, 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, January 2015: AED 49,000 a yearNew contract, February 2016: AED 45,000 a yearRenewal, February 2017: AED 47,250 a yearNew contract, February 2018: AED 41,000 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 312 sits

All 45 1-beds →

312 last sold in January 2015 at AED 731 per sqft, 4% below what one-beds in Mazaya 24 were fetching at the time (AED 759). 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. 312's AED 41,000 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
3071-bedAED 394K · Feb 2009
1–7 of 12

312, Mazaya 24 in numbers

  • Sold twice: first on 7 February 2009 for AED 417,423, last on 25 January 2015 for AED 417,423 (AED 731 per sqft).
  • Rented since January 2015 on 4 Ejari contracts, from AED 49,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2015 price is 9.8%, before a service charge of about AED 6,900 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 14 February 2018.

Questions about 312, Mazaya 24

What did unit 312 last sell for?

AED 417,423 on 25 January 2015: AED 731 per sqft for 571 sqft. The unit has 2 registered sales; the first was AED 417,423 in February 2009.

What is the rent for unit 312?

AED 41,000 a year on the contract signed on 14 February 2018. The previous contract, from February 2017, was AED 47,250; the unit has been rented since January 2015.

How big is unit 312?

571 sqft (53.0 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2014.

What is unit 312 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 312, Mazaya 24

Starts from the last sale price (AED 417K, 25 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 417,423
Deposit, UAE resident (20%)
AED 83,485
Deposit, non-resident (40%)
AED 166,969
Monthly over 25 years at 3.7%
AED 1,708

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