2-bed · 1,600 sqftMazaya - Tala Tower, Liwan · 3rd floor · completed 2014

306, Mazaya - Tala Tower

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 750K2 October 2024
Current rentAED 55K /yr10 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Mazaya - Tala Tower

What is 306 worth today?

Last sold for AED 750,000 in 2024

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2 Oct 2024SoldReady
AED 750,000AED 468 per sqft
10 Jul 2024RentedRenewal
AED 55,440/yr12 months · AED 35 per sqft
11 Jul 2023RentedRenewal
AED 50,540/yr12 months · AED 32 per sqft
11 Jul 2022RentedNew contract
AED 48,000/yr12 months · AED 30 per sqft
1 Sep 2017RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft
1 Sep 2015RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft
24 Nov 2014SoldReady
AED 589,523AED 368 per sqft
1 Sep 2014RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
2-bed apartment
Size
1,600 sqft
Floor
3rd of 8
Parking
G-52
Developer
Al Mazaya Holding Company
Completed
2014
Service charge
AED 15,400 /yr
Last sold
AED 750K · October 2024

About 306, Mazaya - Tala Tower

306 is a two-bedroom apartment of 1,600 sqft on the 3rd floor of Mazaya - Tala Tower, a 8-storey tower in Liwan completed in 2014 by Al Mazaya Holding Company. It last sold on 2 October 2024 for AED 750,000, or AED 468 per sqft.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 10 July 2024, is AED 55,440 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Mazaya - Tala Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 1,079,658; 2014 AED 615,789; 2015 AED 834,000; 2020 AED 577,413; 2021 AED 585,000; 2024 AED 755,000; 2026 AED 850,000Sold by developer, May 2009: AED 1,179,046 (AED 736 per sqft)Sold, November 2014: AED 589,523 (AED 368 per sqft)Sold, October 2024: AED 750,000 (AED 468 per sqft)

306 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 306, each contractTypical two-bed in Mazaya - Tala Tower
50K75K2014201820222026Typical rent by year: 2014 AED 70,000; 2015 AED 80,000; 2016 AED 78,000; 2017 AED 70,500; 2018 AED 62,000; 2019 AED 56,000; 2020 AED 52,000; 2021 AED 43,000; 2022 AED 47,150; 2023 AED 55,500; 2024 AED 59,500; 2025 AED 65,000; 2026 AED 80,000New contract, September 2014: AED 90,000 a yearNew contract, September 2015: AED 90,000 a yearNew contract, September 2017: AED 90,000 a yearNew contract, July 2022: AED 48,000 a yearRenewal, July 2023: AED 50,540 a yearRenewal, July 2024: AED 55,440 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 - Tala Tower, and where 306 sits

All 29 2-beds →

Over the last 12 months two-beds sold for AED 780,000 to 1,020,000, around AED 585 per sqft, and rent for AED 56,884 to 100,000 a year. 306's AED 55,440 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Jun 2026860,000
11 Mar 2026850,000
3 Mar 20261,020,000
5 Feb 2026820,000
6 2-bed sales in the last 12 months

Mazaya - Tala Tower

Building

63 apartments, 1-bed to 3-bed over 8 floors in Liwan, completed in 2014 by Al Mazaya Holding Company. 6 sold in the last 12 months.

Typical price per sqft
AED 585
Typical sale
AED 835K
Typical rent
AED 49K /yr
Typical yield
9.1%
Mazaya - Tala Tower, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 63 units in Mazaya - Tala Tower
Value
3011-bedAED 660K · Nov 2015
3022-bedAED 575K · Feb 2023
3031-bedAED 728K · Sep 2014
3042-bedAED 780K · Jan 2026
3052-bedAED 1.17M · May 2009
3072-bedAED 800K · Nov 2025

306, Mazaya - Tala Tower in numbers

  • Sold 3 times: first on 3 May 2009 for AED 1,179,046, last on 2 October 2024 for AED 750,000 (AED 468 per sqft).
  • Rented since September 2014 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 48,000 in 2022 and recovered to AED 55,440 by July 2024.
  • At AED 55,440 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 15,400 a year (AED 9.65 per sqft).
  • Two-beds in Mazaya - Tala Tower sold for AED 780,000–1,020,000 in the 12 months to November 2026; the building's median across all types is AED 585 per sqft.

Source: Dubai Land Department. Updated 2 October 2024.

Questions about 306, Mazaya - Tala Tower

What did unit 306 last sell for?

AED 750,000 on 2 October 2024: AED 468 per sqft for 1,600 sqft. The unit has 3 registered sales; the first was AED 1,179,046 in May 2009.

What is the rent for unit 306?

AED 55,440 a year on the contract renewed on 10 July 2024. The previous contract, from July 2023, was AED 50,540; the unit has been rented since September 2014.

How big is unit 306?

1,600 sqft (148.6 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya - Tala Tower sold for AED 780,000 to 1,020,000 in the last 12 months, around AED 585 per sqft.

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Mortgage on 306, Mazaya - Tala Tower

Starts from the last sale price (AED 750K, 2 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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