2-bed · 1,714 sqftMazaya 31, Liwan · 3rd floor · completed 2013

312, Mazaya 31

Sold prices and rental history: sold twice, last in July 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 23 July 2024
Last soldAED 985K23 July 2024
Current rentAED 53K /yr27 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Mazaya 31

What is 312 worth today?

Last sold for AED 985,000 in 2024

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23 Jul 2024SoldReady
AED 985,000AED 574 per sqft
27 Dec 2022RentedRenewal
AED 52,500/yr12 months · AED 31 per sqft
16 Nov 2022Sold by developerReady
AED 705,000AED 411 per sqft
27 Dec 2021RentedNew contract
AED 50,000/yr12 months · AED 29 per sqft
30 Apr 2020RentedNew contract
AED 55,000/yr12 months · AED 32 per sqft

Source: Dubai Land Department. Updated 23 July 2024.

Key facts

Type
2-bed apartment
Size
1,714 sqft
Floor
3rd of 5
Parking
G-01,G-56
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 19,000 /yr
Last sold
AED 985K · July 2024
Building
Mazaya 31

About 312, Mazaya 31

312 is a two-bedroom apartment of 1,714 sqft on the 3rd floor of Mazaya 31, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 23 July 2024 for AED 985,000, or AED 574 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 27 December 2022, is AED 52,500 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 19,000 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical two-bed in Mazaya 31
500K750K1M2009201420192024Typical sale price by year: 2009 AED 821,269; 2014 AED 449,370; 2015 AED 447,348; 2018 AED 517,500; 2022 AED 705,000; 2023 AED 575,000; 2024 AED 650,000; 2025 AED 820,000; 2026 AED 820,000Sold by developer, November 2022: AED 705,000 (AED 411 per sqft)Sold, July 2024: AED 985,000 (AED 574 per sqft)

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

Rents
Unit 312, each contractTypical two-bed in Mazaya 31
40K60K80K2014201820222026Typical rent by year: 2014 AED 75,000; 2015 AED 70,000; 2016 AED 71,000; 2017 AED 60,500; 2018 AED 57,000; 2019 AED 46,500; 2020 AED 38,500; 2021 AED 37,750; 2022 AED 41,000; 2023 AED 50,000; 2024 AED 55,200; 2025 AED 64,000; 2026 AED 66,500New contract, April 2020: AED 55,000 a yearNew contract, December 2021: AED 50,000 a yearRenewal, December 2022: AED 52,500 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 31, and where 312 sits

All 21 2-beds →

Over the last 12 months two-beds sold for AED 750,000 to 830,000, around AED 734 per sqft, and rent for AED 55,790 to 90,000 a year. 312's AED 52,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jun 2026820,000
12 Mar 2026830,000
20 Jan 2026750,000
24 Oct 2025820,000
3 2-bed sales in the last 12 months

Mazaya 31

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 9 sold in the last 12 months.

Typical price per sqft
AED 718
Typical sale
AED 615K
Typical rent
AED 55K /yr
Typical yield
8.7%
Mazaya 31, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 61 units in Mazaya 31
Value
3013-bedAED 820K · Apr 2019
3021-bedAED 265K · Jul 2016
3032-bedAED 820K · Oct 2025
3041-bedAED 600K · Apr 2025
3051-bedAED 579K · Jun 2015
3061-bedAED 690K · May 2009
3072-bedAED 600K · Sep 2018
1–7 of 11

312, Mazaya 31 in numbers

  • Sold twice: first on 16 November 2022 for AED 705,000, last on 23 July 2024 for AED 985,000 (AED 574 per sqft).
  • Rented since April 2020 on 3 Ejari contracts, from AED 55,000 to AED 52,500 a year.
  • At AED 52,500 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 19,000 a year (AED 11.07 per sqft).
  • Two-beds in Mazaya 31 sold for AED 750,000–830,000 in the 12 months to November 2026; the building's median across all types is AED 718 per sqft.

Source: Dubai Land Department. Updated 23 July 2024.

Questions about 312, Mazaya 31

What did unit 312 last sell for?

AED 985,000 on 23 July 2024: AED 574 per sqft for 1,714 sqft. The unit has 2 registered sales; the first was AED 705,000 in November 2022.

What is the rent for unit 312?

AED 52,500 a year on the contract renewed on 27 December 2022. The previous contract, from December 2021, was AED 50,000; the unit has been rented since April 2020.

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 31 sold for AED 750,000 to 830,000 in the last 12 months, around AED 734 per sqft.

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Mortgage on 312, Mazaya 31

Starts from the last sale price (AED 985K, 23 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 985,000
Deposit, UAE resident (20%)
AED 197,000
Deposit, non-resident (40%)
AED 394,000
Monthly over 25 years at 3.7%
AED 4,030

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