1-bed · 628 sqftMazaya 29, Liwan · 3rd floor · completed 2013

308, Mazaya 29

Sold prices and rental history: sold twice, last in January 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 1 March 2020
Last soldAED 350K14 January 2020
Current rentAED 30K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya 29

What is 308 worth today?

Last sold for AED 350,000 in 2020

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1 Mar 2020RentedNew contract
AED 30,000/yr12 months · AED 48 per sqft
14 Jan 2020SoldReady
AED 350,000AED 556 per sqft
1 Dec 2017RentedNew contract
AED 42,000/yr12 months · AED 67 per sqft
15 Nov 2016RentedRenewal
AED 50,000/yr12 months · AED 80 per sqft
15 Nov 2015RentedRenewal
AED 50,000/yr12 months · AED 80 per sqft
15 Nov 2014RentedNew contract
AED 50,000/yr12 months · AED 80 per sqft
4 May 2009Sold by developerOff-plan
AED 443,702AED 706 per sqft

Source: Dubai Land Department. Updated 1 March 2020.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
3rd of 5
Parking
G-24
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 7,400 /yr
Last sold
AED 350K · January 2020
Building
Mazaya 29

About 308, Mazaya 29

308 is a one-bedroom apartment of 628 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 14 January 2020 for AED 350,000, or AED 556 per sqft, 6% above the AED 525 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 March 2020, is AED 30,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 7,400 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Mazaya 29
400K600K2009201420192024Typical sale price by year: 2009 AED 569,977; 2014 AED 423,397; 2015 AED 304,083; 2016 AED 423,504; 2017 AED 465,000; 2020 AED 350,000; 2022 AED 300,000; 2023 AED 315,000; 2024 AED 396,000; 2026 AED 515,000Sold by developer, May 2009: AED 443,702 (AED 706 per sqft)Sold, January 2020: AED 350,000 (AED 556 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Mazaya 29
40K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 53,000; 2016 AED 52,000; 2017 AED 46,577; 2018 AED 42,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 34,825; 2024 AED 41,000; 2025 AED 48,000; 2026 AED 50,000New contract, November 2014: AED 50,000 a yearRenewal, November 2015: AED 50,000 a yearRenewal, November 2016: AED 50,000 a yearNew contract, December 2017: AED 42,000 a yearNew contract, March 2020: AED 30,000 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 29, and where 308 sits

All 36 1-beds →

308 last sold in January 2020 at AED 556 per sqft, 6% above what one-beds in Mazaya 29 were fetching at the time (AED 525). Over the last 12 months one-beds sold for AED 509,160 to 520,000, around AED 817 per sqft, and rent for AED 36,300 to 64,000 a year. 308's AED 30,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026509,160
18 Mar 2026515,000
4 Feb 2026520,000
18 Jul 2025750,000
3 1-bed sales 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
3013-bedAED 800K · Dec 2021
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
1–7 of 11

308, Mazaya 29 in numbers

  • Sold twice: first on 4 May 2009 for AED 443,702, last on 14 January 2020 for AED 350,000 (AED 556 per sqft).
  • Rented since November 2014 on 5 Ejari contracts, from AED 50,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 7,400 a year (AED 11.82 per sqft).
  • One-beds in Mazaya 29 sold for AED 509,160–520,000 in the 12 months to November 2026; the building's median across all types is AED 817 per sqft.

Source: Dubai Land Department. Updated 1 March 2020.

Questions about 308, Mazaya 29

What did unit 308 last sell for?

AED 350,000 on 14 January 2020: AED 556 per sqft for 628 sqft. The unit has 2 registered sales; the first was AED 443,702 in May 2009.

What is the rent for unit 308?

AED 30,000 a year on the contract signed on 1 March 2020. The previous contract, from December 2017, was AED 42,000; the unit has been rented since November 2014.

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 29 sold for AED 509,160 to 520,000 in the last 12 months, around AED 817 per sqft.

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Mortgage on 308, Mazaya 29

Starts from the last sale price (AED 350K, 14 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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