2-bed · 1,714 sqftMazaya 29, Liwan · 3rd floor · completed 2013

312, Mazaya 29

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 1 June 2021
Last soldAED 575K18 June 2015
Current rentAED 48K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Mazaya 29

What is 312 worth today?

Last sold for AED 575,219 in 2015

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1 Jun 2021RentedRenewal
AED 48,000/yr12 months · AED 28 per sqft
1 Jun 2020RentedRenewal
AED 52,000/yr12 months · AED 30 per sqft
1 Jun 2019RentedRenewal
AED 66,000/yr12 months · AED 39 per sqft
1 Jun 2018RentedNew contract
AED 72,000/yr12 months · AED 42 per sqft
6 Feb 2018RentedNew contract
AED 75,000/yr12 months · AED 44 per sqft
5 May 2017RentedRenewal
AED 85,000/yr12 months · AED 50 per sqft
5 May 2016RentedNew contract
AED 85,000/yr12 months · AED 50 per sqft
18 Jun 2015Sold by developerReady
AED 575,219AED 335 per sqft

Source: Dubai Land Department. Updated 1 June 2021.

Key facts

Type
2-bed apartment
Size
1,714 sqft
Floor
3rd of 5
Parking
G-60
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 20,300 /yr
Last sold
AED 575K · June 2015
Building
Mazaya 29

About 312, Mazaya 29

312 is a two-bedroom apartment of 1,714 sqft on the 3rd floor of Mazaya 29, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. The developer sold it on 18 June 2015 for AED 575,219, or AED 335 per sqft, in line with the AED 342 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 June 2021, is AED 48,000 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 20,300 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical two-bed in Mazaya 29
400K600K800K20092013201720212025Typical sale price by year: 2009 AED 764,160; 2015 AED 403,495; 2016 AED 806,283; 2018 AED 640,000; 2020 AED 495,000; 2023 AED 557,500; 2024 AED 595,000Sold by developer, June 2015: AED 575,219 (AED 335 per sqft)

312 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 312, each contractTypical two-bed in Mazaya 29
50K75K20152018202120242027Typical rent by year: 2015 AED 74,500; 2016 AED 68,805; 2017 AED 72,500; 2018 AED 58,500; 2019 AED 48,000; 2020 AED 44,000; 2021 AED 37,500; 2022 AED 41,000; 2023 AED 48,000; 2024 AED 60,000; 2025 AED 63,500; 2026 AED 68,000New contract, April 2015: AED 85,000 a yearNew contract, May 2016: AED 85,000 a yearRenewal, May 2017: AED 85,000 a yearNew contract, February 2018: AED 75,000 a yearNew contract, June 2018: AED 72,000 a yearRenewal, June 2019: AED 66,000 a yearRenewal, June 2020: AED 52,000 a yearRenewal, June 2021: AED 48,000 a year

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

2-beds in Mazaya 29, and where 312 sits

All 21 2-beds →

312 last sold in June 2015 at AED 335 per sqft, in line with what two-beds in Mazaya 29 were fetching at the time (AED 342). Over the last 12 months two-beds sold for AED 750,000, around AED 672 per sqft, and rent for AED 58,368 to 85,000 a year. 312's AED 48,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jan 2026750,000
26 Feb 2025700,000
10 Jan 2025925,000
25 Dec 2024431,273
1 2-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
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

312, Mazaya 29 in numbers

  • Sold once: by Al Mazaya Real Estate on 18 June 2015 for AED 575,219, or AED 335 per sqft.
  • Rented since April 2015 on 8 Ejari contracts, from AED 85,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2015 price is 8.3%, before a service charge of about AED 20,300 a year (AED 11.82 per sqft).
  • Two-beds in Mazaya 29 sold for AED 750,000–750,000 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 June 2021.

Questions about 312, Mazaya 29

What did unit 312 last sell for?

AED 575,219 on 18 June 2015, sold by the developer: AED 335 per sqft for 1,714 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 48,000 a year on the contract renewed on 1 June 2021. The previous contract, from June 2020, was AED 52,000; the unit has been rented since April 2015.

How big is unit 312?

1,714 sqft (159.2 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2013.

What is unit 312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 29 sold for AED 750,000 to 750,000 in the last 12 months, around AED 672 per sqft.

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Mortgage on 312, Mazaya 29

Starts from the last sale price (AED 575K, 18 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 575,219
Deposit, UAE resident (20%)
AED 115,044
Deposit, non-resident (40%)
AED 230,088
Monthly over 25 years at 3.7%
AED 2,353

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