1-bed · 628 sqftMazaya 28, Liwan · 3rd floor · completed 2013

308, Mazaya 28

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 430K24 September 2024
Current rentAED 31K /yr13 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya 28

What is 308 worth today?

Last sold for AED 430,000 in 2024

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24 Sep 2024SoldReady
AED 430,000AED 684 per sqft
13 May 2020RentedNew contract
AED 30,500/yr12 months · AED 49 per sqft
13 May 2019RentedNew contract
AED 40,500/yr12 months · AED 65 per sqft
1 Feb 2018SoldReady
AED 465,000AED 739 per sqft
10 May 2017RentedRenewal
AED 48,000/yr12 months · AED 77 per sqft
10 May 2016RentedNew contract
AED 48,000/yr12 months · AED 77 per sqft
19 May 2014SoldReady
AED 223,154AED 355 per sqft
26 Apr 2009Sold by developerOff-plan
AED 446,308AED 710 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
3rd of 5
Parking
G-37
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 7,300 /yr
Last sold
AED 430K · September 2024
Building
Mazaya 28

About 308, Mazaya 28

308 is a one-bedroom apartment of 628 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 24 September 2024 for AED 430,000, or AED 684 per sqft, 31% above the AED 522 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 13 May 2020, is AED 30,500 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 7,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Mazaya 28
200K400K600K2009201420192024Typical 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 446,308 (AED 710 per sqft)Sold, May 2014: AED 223,154 (AED 355 per sqft)Sold, February 2018: AED 465,000 (AED 739 per sqft)Sold, September 2024: AED 430,000 (AED 684 per sqft)

308 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 308, 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, May 2016: AED 48,000 a yearRenewal, May 2017: AED 48,000 a yearNew contract, May 2019: AED 40,500 a yearNew contract, May 2020: AED 30,500 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 308 sits

All 36 1-beds →

308 last sold in September 2024 at AED 684 per sqft, 31% above what one-beds in Mazaya 28 were fetching at the time (AED 522). 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. 308's AED 30,500 is in the lower 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
3061-bedAED 590K · Jan 2016
3072-bedAED 832K · Apr 2009
1–7 of 11

308, Mazaya 28 in numbers

  • Sold 4 times: first on 26 April 2009 for AED 446,308, last on 24 September 2024 for AED 430,000 (AED 684 per sqft).
  • Rented since May 2016 on 4 Ejari contracts, from AED 48,000 to AED 30,500 a year.
  • At AED 30,500 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 7,300 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 24 September 2024.

Questions about 308, Mazaya 28

What did unit 308 last sell for?

AED 430,000 on 24 September 2024: AED 684 per sqft for 628 sqft. The unit has 4 registered sales; the first was AED 446,308 in April 2009.

What is the rent for unit 308?

AED 30,500 a year on the contract signed on 13 May 2020. The previous contract, from May 2019, was AED 40,500; the unit has been rented since May 2016.

How big is unit 308?

628 sqft (58.3 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2013.

What is unit 308 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 308, Mazaya 28

Starts from the last sale price (AED 430K, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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