308, Mazaya 26
Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Mazaya 26
What is 308 worth today?
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Source: Dubai Land Department. Updated 25 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 822 sqft
- Floor
- 3rd of 9
- Parking
- G-18
- Developer
- Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
- Completed
- 2017
- Service charge
- AED 9,600 /yr
- Last sold
- AED 411K · October 2017
- Building
- Mazaya 26
About 308, Mazaya 26
308 is a one-bedroom apartment of 822 sqft on the 3rd floor of Mazaya 26, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 19 October 2017 for AED 411,131, or AED 500 per sqft, in line with the AED 500 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 March 2024, is AED 36,750 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 9,600 a year.
Sales and rents for 308 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 26, and where 308 sits
All 72 1-beds →308 last sold in October 2017 at AED 500 per sqft, in line with what one-beds in Mazaya 26 were fetching at the time (AED 500). 308's AED 36,750 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Oct 201731 October 2017 | 910 sqft | 454,779 | 500 | ||
| 31 Oct 201731 October 2017 | 816 sqft | 407,794 | 500 | ||
| 31 Oct 201731 October 2017 | 822 sqft | 411,131 | 500 | ||
| 31 Oct 201731 October 2017 | 951 sqft | 475,661 | 500 |
Mazaya 26
Building99 apartments, studios to 2-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 48K /yr
- Typical yield
Other units on the 3rd floor
All 99 units in Mazaya 26| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 951 sqft | AED 476KAED 475,661 · Oct 2017October 2017 | 48,000 /yr | |
| 302 | 1-bed | 859 sqft | AED 430KAED 429,699 · Oct 2017October 2017 | 53,000 /yr | |
| 303 | 1-bed | 843 sqft | AED 421KAED 421,357 · Oct 2017October 2017 | 45,000 /yr | |
| 304 | Studio | 639 sqft | AED 319KAED 319,314 · Oct 2017October 2017 | 40,000 /yr | |
| 305 | 1-bed | 797 sqft | AED 398KAED 398,268 · Oct 2017October 2017 | 55,000 /yr | |
| 306 | 1-bed | 816 sqft | AED 408KAED 407,794 · Oct 2017October 2017 | 58,000 /yr | |
| 307 | 1-bed | 910 sqft | AED 455KAED 454,779 · Oct 2017October 2017 | 59,000 /yr | |
| 309 | 2-bed | 1,461 sqft | AED 730KAED 730,391 · Oct 2017October 2017 | 65,000 /yr | |
| 310 | 2-bed | 1,461 sqft | AED 730KAED 730,337 · Oct 2017October 2017 | 74,000 /yr | |
| 311 | 1-bed | 855 sqft | AED 427KAED 427,492 · Oct 2017October 2017 | 43,000 /yr |
308, Mazaya 26 in numbers
- Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 19 October 2017 for AED 411,131, or AED 500 per sqft.
- Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2021 and recovered to AED 36,750 by March 2024.
- At AED 36,750 a year the gross yield on the 2017 price is 8.9%, before a service charge of about AED 9,600 a year (AED 11.63 per sqft).
Source: Dubai Land Department. Updated 25 March 2024.
Questions about 308, Mazaya 26
What did unit 308 last sell for?
AED 411,131 on 19 October 2017, sold by the developer: AED 500 per sqft for 822 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 36,750 a year on the contract signed on 25 March 2024. The previous contract, from March 2022, was AED 33,000; the unit has been rented since January 2018.
How big is unit 308?
822 sqft (76.4 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 308, Mazaya 26
Starts from the last sale price (AED 411K, 19 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 411,131
- Deposit, UAE resident (20%)
- AED 82,226
- Deposit, non-resident (40%)
- AED 164,452
- Monthly over 25 years at 3.7%
- AED 1,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →