306, Mazaya 32
Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Mazaya 32
What is 306 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 854 sqft
- Floor
- 3rd of 5
- Parking
- G-07
- Developer
- Al Mazaya Real Estate
- Completed
- 2015
- Service charge
- AED 9,100 /yr
- Last sold
- AED 607K · May 2016
- Building
- Mazaya 32
About 306, Mazaya 32
306 is a one-bedroom apartment of 854 sqft on the 3rd floor of Mazaya 32, a 5-storey tower in Liwan completed in 2015 by Al Mazaya Real Estate. The developer sold it on 31 May 2016 for AED 606,651, or AED 709 per sqft, in line with the AED 709 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 15 July 2024, is AED 50,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 9,100 a year.
Sales and rents for 306 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 32, and where 306 sits
All 36 1-beds →306 last sold in May 2016 at AED 709 per sqft, in line with what one-beds in Mazaya 32 were fetching at the time (AED 709). 306's AED 50,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Aug 20179 August 2017 | 873 sqft | 620,102 | 709 | ||
| 31 Jul 201731 July 2017 | 631 sqft | 460,380 | 729 | ||
| 5 Sep 20165 September 2016 | 814 sqft | 577,763 | 709 | ||
| 18 Jul 201618 July 2016 | 636 sqft | 464,387 | 729 |
Mazaya 32
Building61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2015 by Al Mazaya Real Estate. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 53K /yr
- Typical yield
Other units on the 3rd floor
All 61 units in Mazaya 32| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,749 sqft | AED 1.12MAED 1,124,667 · May 2016May 2016 | 72,000 /yr | |
| 302 | 1-bed | 629 sqft | AED 459KAED 459,044 · May 2016May 2016 | 52,000 /yr | |
| 303 | 2-bed | 1,113 sqft | AED 768KAED 767,961 · May 2016May 2016 | 57,000 /yr | |
| 304 | 1-bed | 871 sqft | AED 618KAED 618,115 · May 2016May 2016 | 41,000 /yr | |
| 305 | 1-bed | 811 sqft | AED 576KAED 575,623 · May 2016May 2016 | 40,000 /yr | |
| 307 | 2-bed | 1,090 sqft | AED 752KAED 751,770 · May 2016May 2016 | 62,000 /yr | |
| 308 | 1-bed | 629 sqft | AED 459KAED 459,122 · Jun 2016June 2016 | 50,000 /yr | |
| 309 | 1-bed | 636 sqft | AED 464KAED 464,387 · Apr 2016April 2016 | 48,000 /yr | |
| 310 | 2-bed | 1,113 sqft | AED 768KAED 767,813 · Apr 2016April 2016 | 68,000 /yr | |
| 311 | 1-bed | 890 sqft | AED 632KAED 631,642 · Apr 2016April 2016 | 53,000 /yr | |
| 312 | 2-bed | 1,713 sqft | AED 1.15MAED 1,147,976 · Apr 2016April 2016 | 80,000 /yr |
306, Mazaya 32 in numbers
- Sold once: by Al Mazaya Real Estate on 31 May 2016 for AED 606,651, or AED 709 per sqft.
- Rented since June 2017 on 5 Ejari contracts. The rent fell from AED 51,000 to AED 31,000 in 2020 and recovered to AED 50,000 by July 2024.
- At AED 50,000 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 9,100 a year (AED 10.65 per sqft).
Source: Dubai Land Department. Updated 15 July 2024.
Questions about 306, Mazaya 32
What did unit 306 last sell for?
AED 606,651 on 31 May 2016, sold by the developer: AED 709 per sqft for 854 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 50,000 a year on the contract signed on 15 July 2024. The previous contract, from February 2023, was AED 34,000; the unit has been rented since June 2017.
How big is unit 306?
854 sqft (79.3 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2015.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 306, Mazaya 32
Starts from the last sale price (AED 607K, 31 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 606,651
- Deposit, UAE resident (20%)
- AED 121,330
- Deposit, non-resident (40%)
- AED 242,660
- Monthly over 25 years at 3.7%
- AED 2,482
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →