1-bed · 565 sqftMazaya 24, Liwan · 3rd floor · completed 2014

313, Mazaya 24

Sold prices and rental history: sold 3 times, last in June 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 10 July 2018
Last soldAED 400K13 June 2018
Current rentAED 42K /yr10 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Mazaya 24

What is 313 worth today?

Last sold for AED 400,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Jul 2018RentedNew contract
AED 42,000/yr12 months · AED 74 per sqft
13 Jun 2018SoldReady
AED 400,000AED 707 per sqft
10 Jul 2017RentedNew contract
AED 42,000/yr12 months · AED 74 per sqft
24 Apr 2016SoldReady
AED 240,000AED 424 per sqft
6 Feb 2016RentedNew contract
AED 65,000/yr12 months · AED 114 per sqft
10 Mar 2009Sold by developerOff-plan
AED 396,556AED 701 per sqft

Source: Dubai Land Department. Updated 10 July 2018.

Key facts

Type
1-bed apartment
Size
565 sqft
Floor
3rd of 5
Parking
G-12
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,800 /yr
Last sold
AED 400K · June 2018
Building
Mazaya 24

About 313, Mazaya 24

313 is a one-bedroom apartment of 565 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 13 June 2018 for AED 400,000, or AED 707 per sqft, in line with the AED 715 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 10 July 2018, is AED 42,000 a year: a gross yield of 10.5% on the 2018 price, before the service charge of about AED 6,800 a year.

Sales and rents for 313 over time

Sales
Unit 313, each saleTypical one-bed in Mazaya 24
200K400K600K2009201420192024Typical 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, March 2009: AED 396,556 (AED 701 per sqft)Sold, April 2016: AED 240,000 (AED 424 per sqft)Sold, June 2018: AED 400,000 (AED 707 per sqft)

313 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 313, each contractTypical one-bed in Mazaya 24
20K40K60K20152018202120242027Typical 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, February 2016: AED 65,000 a yearNew contract, July 2017: AED 42,000 a yearNew contract, July 2018: AED 42,000 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 313 sits

All 45 1-beds →

313 last sold in June 2018 at AED 707 per sqft, in line with what one-beds in Mazaya 24 were fetching at the time (AED 715). 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. 313's AED 42,000 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

313, Mazaya 24 in numbers

  • Sold 3 times: first on 10 March 2009 for AED 396,556, last on 13 June 2018 for AED 400,000 (AED 707 per sqft).
  • Rented since February 2016 on 3 Ejari contracts, from AED 65,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2018 price is 10.5%, before a service charge of about AED 6,800 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 10 July 2018.

Questions about 313, Mazaya 24

What did unit 313 last sell for?

AED 400,000 on 13 June 2018: AED 707 per sqft for 565 sqft. The unit has 3 registered sales; the first was AED 396,556 in March 2009.

What is the rent for unit 313?

AED 42,000 a year on the contract signed on 10 July 2018. The previous contract, from July 2017, was AED 42,000; the unit has been rented since February 2016.

How big is unit 313?

565 sqft (52.5 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2014.

What is unit 313 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.

Selling 313? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 313, Mazaya 24

Starts from the last sale price (AED 400K, 13 June 2018). 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 →