1-bed · 856 sqftMazaya 28, Liwan · 3rd floor · completed 2013

304, Mazaya 28

Sold prices and rental history: sold twice, last in January 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 12 December 2023
Last soldAED 450K2 January 2019
Current rentAED 49K /yr12 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Mazaya 28

What is 304 worth today?

Last sold for AED 450,000 in 2019

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12 Dec 2023RentedRenewal
AED 49,000/yr12 months · AED 57 per sqft
12 Dec 2022RentedRenewal
AED 40,000/yr12 months · AED 46 per sqft
12 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
13 Apr 2019RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
2 Jan 2019SoldReady
AED 450,000AED 525 per sqft
20 May 2009Sold by developerOff-plan
AED 615,706AED 719 per sqft

Source: Dubai Land Department. Updated 12 December 2023.

Key facts

Type
1-bed apartment
Size
856 sqft
Floor
3rd of 5
Parking
G-17
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 10,000 /yr
Last sold
AED 450K · January 2019
Building
Mazaya 28

About 304, Mazaya 28

304 is a one-bedroom apartment of 856 sqft on the 3rd floor of Mazaya 28, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 2 January 2019 for AED 450,000, or AED 525 per sqft, 4% above the AED 506 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 12 December 2023, is AED 49,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 10,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Mazaya 28
400K600K2009201420192024Typical sale price by year: 2009 AED 449,566; 2014 AED 374,838; 2015 AED 565,000; 2016 AED 590,000; 2018 AED 405,000; 2022 AED 360,000; 2024 AED 400,000; 2025 AED 472,500; 2026 AED 520,000Sold by developer, May 2009: AED 615,706 (AED 719 per sqft)Sold, January 2019: AED 450,000 (AED 525 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in Mazaya 28
40K2014201820222026Typical rent by year: 2014 AED 45,000; 2015 AED 53,000; 2016 AED 54,500; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 36,000; 2020 AED 29,000; 2021 AED 27,000; 2022 AED 29,000; 2023 AED 35,000; 2024 AED 42,000; 2025 AED 46,500; 2026 AED 45,000New contract, April 2019: AED 48,000 a yearNew contract, December 2021: AED 30,000 a yearRenewal, December 2022: AED 40,000 a yearRenewal, December 2023: AED 49,000 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 28, and where 304 sits

All 36 1-beds →

304 last sold in January 2019 at AED 525 per sqft, 4% above what one-beds in Mazaya 28 were fetching at the time (AED 506). Over the last 12 months one-beds sold for AED 520,000 to 563,000, around AED 624 per sqft, and rent for AED 29,500 to 54,000 a year. 304's AED 49,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Sep 2026563,000
7 Apr 2026520,000
7 Apr 2026520,000
8 Oct 2025565,000
3 1-bed sales in the last 12 months

Mazaya 28

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 5 sold in the last 12 months.

Typical price per sqft
AED 642
Typical sale
AED 563K
Typical rent
AED 50K /yr
Typical yield
8.9%
Mazaya 28, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 61 units in Mazaya 28
Value
3013-bedAED 614K · Jul 2015
3021-bedAED 360K · Dec 2022
3032-bedAED 790K · Feb 2026
3051-bedAED 600K · Jun 2015
3061-bedAED 590K · Jan 2016
3072-bedAED 832K · Apr 2009
3081-bedAED 430K · Sep 2024
1–7 of 11

304, Mazaya 28 in numbers

  • Sold twice: first on 20 May 2009 for AED 615,706, last on 2 January 2019 for AED 450,000 (AED 525 per sqft).
  • Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 48,000 to AED 30,000 in 2021 and recovered to AED 49,000 by December 2023.
  • At AED 49,000 a year the gross yield on the 2019 price is 10.9%, before a service charge of about AED 10,000 a year (AED 11.63 per sqft).
  • One-beds in Mazaya 28 sold for AED 520,000–563,000 in the 12 months to November 2026; the building's median across all types is AED 642 per sqft.

Source: Dubai Land Department. Updated 12 December 2023.

Questions about 304, Mazaya 28

What did unit 304 last sell for?

AED 450,000 on 2 January 2019: AED 525 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 615,706 in May 2009.

What is the rent for unit 304?

AED 49,000 a year on the contract renewed on 12 December 2023. The previous contract, from December 2022, was AED 40,000; the unit has been rented since April 2019.

How big is unit 304?

856 sqft (79.5 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2013.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 28 sold for AED 520,000 to 563,000 in the last 12 months, around AED 624 per sqft.

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Mortgage on 304, Mazaya 28

Starts from the last sale price (AED 450K, 2 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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