1-bed · 669 sqftMazaya 11, Liwan · 3rd floor · completed 2016

308, Mazaya 11

Sold prices and rental history: sold once, by the developer in December 2017, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 10 April 2020
Last soldAED 547K11 December 2017
Current rentAED 30K /yr10 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya 11

What is 308 worth today?

Last sold for AED 547,341 in 2017

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10 Apr 2020RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
23 Dec 2017RentedNew contract
AED 44,000/yr12 months · AED 66 per sqft
11 Dec 2017Sold by developerReady
AED 547,341AED 818 per sqft

Source: Dubai Land Department. Updated 10 April 2020.

Key facts

Type
1-bed apartment
Size
669 sqft
Floor
3rd of 6
Parking
G-53
Developer
Al Mazaya Real Estate
Completed
2016
Service charge
AED 8,600 /yr
Last sold
AED 547K · December 2017
Building
Mazaya 11

About 308, Mazaya 11

308 is a one-bedroom apartment of 669 sqft on the 3rd floor of Mazaya 11, a 6-storey tower in Liwan completed in 2016 by Al Mazaya Real Estate. The developer sold it on 11 December 2017 for AED 547,341, or AED 818 per sqft, in line with the AED 805 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 10 April 2020, is AED 30,000 a year: a gross yield of 5.5% on the 2017 price, before the service charge of about AED 8,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Mazaya 11
400K600K2009201420192024Typical sale price by year: 2009 AED 517,528; 2015 AED 513,925; 2016 AED 553,065; 2017 AED 558,833; 2018 AED 550,429; 2019 AED 693,950; 2023 AED 411,887; 2024 AED 545,000; 2025 AED 550,000Sold by developer, December 2017: AED 547,341 (AED 818 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Mazaya 11
30K40K50K2017202020232026Typical rent by year: 2017 AED 46,000; 2018 AED 42,000; 2019 AED 35,500; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 30,500; 2023 AED 33,000; 2024 AED 42,500; 2025 AED 48,000New contract, December 2017: AED 44,000 a yearNew contract, April 2020: AED 30,000 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 11, and where 308 sits

All 37 1-beds →

308 last sold in December 2017 at AED 818 per sqft, in line with what one-beds in Mazaya 11 were fetching at the time (AED 805).

Recent 1-bed salesUnit no.Price (AED)Summary
2 May 2025550,000
10 Jan 2025600,000
9 Jan 2025480,000
5 Nov 2024600,000
0 1-bed sales in the last 12 months

Mazaya 11

Building

56 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2016 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 60K /yr
Typical yield
Mazaya 11, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 56 units in Mazaya 11
Value
3011-bedAED 600K · Nov 2017
3021-bedAED 542K · Mar 2018
3031-bedAED 528K · Nov 2017
3041-bedAED 573K · Mar 2018
3051-bedAED 405K · May 2023
3061-bedAED 554K · Nov 2017
3071-bedAED 550K · May 2025
1–7 of 10

308, Mazaya 11 in numbers

  • Sold once: by Al Mazaya Real Estate on 11 December 2017 for AED 547,341, or AED 818 per sqft.
  • Rented since December 2017 on 2 Ejari contracts, from AED 44,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2017 price is 5.5%, before a service charge of about AED 8,600 a year (AED 12.80 per sqft).

Source: Dubai Land Department. Updated 10 April 2020.

Questions about 308, Mazaya 11

What did unit 308 last sell for?

AED 547,341 on 11 December 2017, sold by the developer: AED 818 per sqft for 669 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 30,000 a year on the contract signed on 10 April 2020. The previous contract, from December 2017, was AED 44,000.

How big is unit 308?

669 sqft (62.2 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2016.

What is unit 308 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 308, Mazaya 11

Starts from the last sale price (AED 547K, 11 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 547,341
Deposit, UAE resident (20%)
AED 109,468
Deposit, non-resident (40%)
AED 218,936
Monthly over 25 years at 3.7%
AED 2,239

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