3-bed · 1,746 sqftMazaya 29, Liwan · 3rd floor · completed 2013

301, Mazaya 29

Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 19 December 2021
Last soldAED 800K19 December 2021
Current rentAED 63K /yr20 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Mazaya 29

What is 301 worth today?

Last sold for AED 800,000 in 2021

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19 Dec 2021SoldReady
AED 800,000AED 458 per sqft
20 Nov 2020RentedRenewal
AED 63,000/yr12 months · AED 36 per sqft
20 Nov 2019RentedNew contract
AED 63,000/yr12 months · AED 36 per sqft
1 Oct 2018RentedRenewal
AED 83,000/yr12 months · AED 48 per sqft
1 Oct 2017RentedRenewal
AED 90,000/yr12 months · AED 52 per sqft
1 Oct 2016RentedNew contract
AED 90,000/yr12 months · AED 52 per sqft
26 Jul 2015Sold by developerReady
AED 609,774AED 349 per sqft

Source: Dubai Land Department. Updated 19 December 2021.

Key facts

Type
3-bed apartment
Size
1,746 sqft
Floor
3rd of 5
Parking
G-65,G-66
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 20,600 /yr
Last sold
AED 800K · December 2021
Building
Mazaya 29

About 301, Mazaya 29

301 is a three-bedroom apartment of 1,746 sqft on the 3rd floor of Mazaya 29, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 19 December 2021 for AED 800,000, or AED 458 per sqft.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 20 November 2020, is AED 63,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 20,600 a year.

Sales and rents for 301 over time

Rents
Unit 301, each contractTypical three-bed in Mazaya 29
60K80K2016201920222025Typical rent by year: 2017 AED 90,000; 2018 AED 79,000; 2019 AED 72,500; 2025 AED 77,000; 2026 AED 85,000New contract, October 2016: AED 90,000 a yearRenewal, October 2017: AED 90,000 a yearRenewal, October 2018: AED 83,000 a yearNew contract, November 2019: AED 63,000 a yearRenewal, November 2020: AED 63,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Mazaya 29, and where 301 sits

All 4 3-beds →

Over the last 12 months three-beds sold for AED 1,500,000, around AED 859 per sqft, and rent for AED 77,000 to 90,000 a year. 301's AED 63,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Jan 20261,500,000
1 Aug 2024760,000
22 Jul 2022850,000
11 Jul 2021750,000
1 3-bed sale in the last 12 months

Mazaya 29

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 817
Typical sale
AED 520K
Typical rent
AED 51K /yr
Typical yield
7.4%
Mazaya 29, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 61 units in Mazaya 29
Value
3021-bedAED 410K · Dec 2024
3032-bedAED 750K · Jan 2026
3041-bedAED 380K · Mar 2023
3051-bedAED 576K · May 2009
3061-bedAED 305K · Feb 2015
3072-bedAED 840K · Nov 2015
3081-bedAED 350K · Jan 2020
1–7 of 11

301, Mazaya 29 in numbers

  • Sold twice: first on 26 July 2015 for AED 609,774, last on 19 December 2021 for AED 800,000 (AED 458 per sqft).
  • Rented since October 2016 on 5 Ejari contracts, from AED 90,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 20,600 a year (AED 11.82 per sqft).
  • Three-beds in Mazaya 29 sold for AED 1,500,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 817 per sqft.

Source: Dubai Land Department. Updated 19 December 2021.

Questions about 301, Mazaya 29

What did unit 301 last sell for?

AED 800,000 on 19 December 2021: AED 458 per sqft for 1,746 sqft. The unit has 2 registered sales; the first was AED 609,774 in July 2015.

What is the rent for unit 301?

AED 63,000 a year on the contract renewed on 20 November 2020. The previous contract, from November 2019, was AED 63,000; the unit has been rented since October 2016.

How big is unit 301?

1,746 sqft (162.2 sqm): a three-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2013.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 29 sold for AED 1,500,000 to 1,500,000 in the last 12 months, around AED 859 per sqft.

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Mortgage on 301, Mazaya 29

Starts from the last sale price (AED 800K, 19 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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