1-bed · 845 sqftMazaya 28, Liwan · 3rd floor · completed 2013

306, Mazaya 28

Sold prices and rental history: sold 3 times, last in January 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 590K31 January 2016
Current rentAED 48K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Mazaya 28

What is 306 worth today?

Last sold for AED 590,000 in 2016

Unlock today's estimate, updated daily, with

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

1 May 2024RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
5 Jul 2021RentedRenewal
AED 27,000/yr12 months · AED 32 per sqft
5 Jul 2020RentedNew contract
AED 28,000/yr12 months · AED 33 per sqft
20 Jun 2019RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
20 Apr 2018RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
1 Apr 2017RentedRenewal
AED 52,000/yr12 months · AED 61 per sqft
1 Apr 2016RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft
31 Jan 2016SoldReady
AED 590,000AED 698 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
845 sqft
Floor
3rd of 5
Parking
G-43
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 9,800 /yr
Last sold
AED 590K · January 2016
Building
Mazaya 28

About 306, Mazaya 28

306 is a one-bedroom apartment of 845 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 31 January 2016 for AED 590,000, or AED 698 per sqft, in line with the AED 709 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 May 2024, is AED 48,000 a year: a gross yield of 8.1% on the 2016 price, before the service charge of about AED 9,800 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, April 2009: AED 618,121 (AED 731 per sqft)Sold, August 2014: AED 618,121 (AED 731 per sqft)Sold, January 2016: AED 590,000 (AED 698 per sqft)

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

Rents
Unit 306, 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 2015: AED 52,000 a yearNew contract, April 2016: AED 52,000 a yearRenewal, April 2017: AED 52,000 a yearNew contract, April 2018: AED 45,000 a yearNew contract, June 2019: AED 36,000 a yearNew contract, July 2020: AED 28,000 a yearRenewal, July 2021: AED 27,000 a yearNew contract, May 2024: AED 48,000 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 306 sits

All 36 1-beds →

306 last sold in January 2016 at AED 698 per sqft, in line with what one-beds in Mazaya 28 were fetching at the time (AED 709). 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. 306's AED 48,000 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
3041-bedAED 450K · Jan 2019
3051-bedAED 600K · Jun 2015
3072-bedAED 832K · Apr 2009
3081-bedAED 430K · Sep 2024
1–7 of 11

306, Mazaya 28 in numbers

  • Sold 3 times: first on 26 April 2009 for AED 618,121, last on 31 January 2016 for AED 590,000 (AED 698 per sqft).
  • Rented since April 2015 on 8 Ejari contracts. The rent fell from AED 52,000 to AED 27,000 in 2021 and recovered to AED 48,000 by May 2024.
  • At AED 48,000 a year the gross yield on the 2016 price is 8.1%, before a service charge of about AED 9,800 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 1 May 2024.

Questions about 306, Mazaya 28

What did unit 306 last sell for?

AED 590,000 on 31 January 2016: AED 698 per sqft for 845 sqft. The unit has 3 registered sales; the first was AED 618,121 in April 2009.

What is the rent for unit 306?

AED 48,000 a year on the contract signed on 1 May 2024. The previous contract, from July 2021, was AED 27,000; the unit has been rented since April 2015.

How big is unit 306?

845 sqft (78.5 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2013.

What is unit 306 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.

Selling 306? 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 306, Mazaya 28

Starts from the last sale price (AED 590K, 31 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

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