1-bed · 523 sqftMazaya 04, Liwan · 3rd floor · completed 2014

309, Mazaya 04

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 15 January 2022
Last soldAED 366K18 December 2014
Current rentAED 22K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mazaya 04

What is 309 worth today?

Last sold for AED 365,976 in 2014

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15 Jan 2022RentedNew contract
AED 22,000/yr12 months · AED 42 per sqft
27 Dec 2021RentedNew contract
AED 23,000/yr12 months · AED 44 per sqft
9 Jan 2021RentedNew contract
AED 21,000/yr12 months · AED 40 per sqft
25 Mar 2019RentedNew contract
AED 33,000/yr12 months · AED 63 per sqft
12 Jan 2018RentedNew contract
AED 43,000/yr12 months · AED 82 per sqft
1 Jan 2016RentedRenewal
AED 46,500/yr12 months · AED 88 per sqft
1 Jan 2015RentedNew contract
AED 45,000/yr12 months · AED 85 per sqft
18 Dec 2014SoldReady
AED 365,976AED 699 per sqft

Source: Dubai Land Department. Updated 15 January 2022.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
3rd of 13
Parking
G-21
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 2,900 /yr
Last sold
AED 366K · December 2014
Building
Mazaya 04

About 309, Mazaya 04

309 is a one-bedroom apartment of 523 sqft on the 3rd floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 18 December 2014 for AED 365,976, or AED 699 per sqft, in line with the AED 713 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 15 January 2022, is AED 22,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 2,900 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Mazaya 04
300K400K500K2009201420192024Typical sale price by year: 2009 AED 412,907; 2013 AED 377,568; 2014 AED 392,326; 2015 AED 390,794; 2016 AED 460,000; 2017 AED 480,000; 2018 AED 380,000; 2019 AED 340,000; 2020 AED 302,500; 2021 AED 277,500; 2022 AED 277,500; 2023 AED 300,000; 2025 AED 332,000; 2026 AED 311,530Sold by developer, March 2009: AED 365,976 (AED 699 per sqft)Sold, December 2014: AED 365,976 (AED 699 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Mazaya 04
20K40K20142017202020232026Typical rent by year: 2014 AED 48,000; 2015 AED 48,000; 2016 AED 49,733; 2017 AED 47,000; 2018 AED 40,000; 2019 AED 32,100; 2020 AED 28,000; 2021 AED 24,000; 2022 AED 26,500; 2023 AED 25,000; 2024 AED 35,000; 2025 AED 49,000New contract, January 2015: AED 45,000 a yearRenewal, January 2016: AED 46,500 a yearNew contract, January 2018: AED 43,000 a yearNew contract, March 2019: AED 33,000 a yearNew contract, January 2021: AED 21,000 a yearNew contract, December 2021: AED 23,000 a yearNew contract, January 2022: AED 22,000 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 04, and where 309 sits

All 137 1-beds →

309 last sold in December 2014 at AED 699 per sqft, in line with what one-beds in Mazaya 04 were fetching at the time (AED 713). Over the last 12 months one-beds sold for AED 289,298 to 507,360, around AED 566 per sqft, and rent for AED 50,000 to 50,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 2026420,000
9 Jan 2026305,000
8 Jan 2026289,298
8 Jan 2026318,060
6 1-bed sales in the last 12 months

Mazaya 04

Building

216 apartments, 1-bed to 3-bed over 13 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 8 sold in the last 12 months.

Typical price per sqft
AED 529
Typical sale
AED 417K
Typical rent
AED 50K /yr
Typical yield
17.3%
Mazaya 04, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 216 units in Mazaya 04
Value
3011-bedAED 311K · Jan 2015
3022-bedAED 377K · Jul 2015
3032-bedAED 425K · Apr 2015
3041-bedAED 325K · May 2025
3051-bedAED 350K · May 2025
3061-bedAED 379K · Feb 2015
3071-bedAED 305K · Jun 2020
1–7 of 18

309, Mazaya 04 in numbers

  • Sold twice: first on 4 March 2009 for AED 365,976, last on 18 December 2014 for AED 365,976 (AED 699 per sqft).
  • Rented since January 2015 on 7 Ejari contracts, from AED 45,000 to AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 2,900 a year (AED 5.49 per sqft).
  • One-beds in Mazaya 04 sold for AED 289,298–507,360 in the 12 months to November 2026; the building's median across all types is AED 529 per sqft.

Source: Dubai Land Department. Updated 15 January 2022.

Questions about 309, Mazaya 04

What did unit 309 last sell for?

AED 365,976 on 18 December 2014: AED 699 per sqft for 523 sqft. The unit has 2 registered sales; the first was AED 365,976 in March 2009.

What is the rent for unit 309?

AED 22,000 a year on the contract signed on 15 January 2022. The previous contract, from December 2021, was AED 23,000; the unit has been rented since January 2015.

How big is unit 309?

523 sqft (48.6 sqm): a one-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2014.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 04 sold for AED 289,298 to 507,360 in the last 12 months, around AED 566 per sqft.

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Mortgage on 309, Mazaya 04

Starts from the last sale price (AED 366K, 18 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 365,976
Deposit, UAE resident (20%)
AED 73,195
Deposit, non-resident (40%)
AED 146,390
Monthly over 25 years at 3.7%
AED 1,497

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