305, Mazaya 12
Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 305, Mazaya 12
What is 305 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,218 sqft
- Floor
- 3rd of 6
- Parking
- G-18
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 11,900 /yr
- Last sold
- AED 731K · December 2019
- Building
- Mazaya 12
About 305, Mazaya 12
305 is a two-bedroom apartment of 1,218 sqft on the 3rd floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 16 December 2019 for AED 730,770, or AED 600 per sqft, 6% above the AED 566 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 41,800 a year: a gross yield of 5.7% on the 2019 price, before the service charge of about AED 11,900 a year.
Sales and rents for 305 over time
305 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 12, and where 305 sits
All 30 2-beds →305 last sold in December 2019 at AED 600 per sqft, 6% above what two-beds in Mazaya 12 were fetching at the time (AED 566).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Nov 202422 November 2024 | 1,053 sqft | 680,000 | 645 | ||
| 8 Nov 20248 November 2024 | 1,217 sqft | 775,000 | 636 | ||
| 9 Sep 20249 September 2024 | 1,218 sqft | 593,760 | 487 | ||
| 26 Aug 202426 August 2024 | 1,217 sqft | 593,760 | 488 |
Mazaya 12
Building96 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 1 sold in the last 12 months.
- Typical price per sqft
- AED 603
- Typical sale
- AED 600K
- Typical rent
- AED 50K /yr
- Typical yield
- 10.9%
Other units on the 3rd floor
All 96 units in Mazaya 12| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,058 sqft | AED 600KAED 600,000 · May 2019May 2019 | 37,000 /yr | |
| 302 | 2-bed | 1,217 sqft | AED 792KAED 791,933 · Dec 2014December 2014 | 70,000 /yr | |
| 303 | 1-bed | 771 sqft | AED 500KAED 500,000 · Jul 2025July 2025 | 36,800 /yr | |
| 304 | 1-bed | 781 sqft | AED 296KAED 295,970 · May 2022May 2022 | 40,000 /yr | |
| 306 | 2-bed | 1,052 sqft | AED 485KAED 485,000 · Mar 2021March 2021 | ||
| 307 | 1-bed | 569 sqft | AED 350KAED 350,000 · Dec 2017December 2017 | 20,000 /yr | |
| 308 | 1-bed | 570 sqft | AED 475KAED 475,000 · Jun 2016June 2016 | 48,000 /yr | |
| 309 | 2-bed | 1,053 sqft | AED 680KAED 680,000 · Nov 2024November 2024 | 46,000 /yr | |
| 310 | 1-bed | 771 sqft | AED 295KAED 295,000 · May 2022May 2022 | 48,000 /yr | |
| 311 | 1-bed | 946 sqft | AED 360KAED 360,000 · Jun 2021June 2021 | 55,000 /yr | |
| 312 | 1-bed | 995 sqft | AED 411KAED 410,614 · May 2015May 2015 | 42,000 /yr | |
| 313 | 1-bed | 945 sqft | AED 618KAED 618,322 · Dec 2014December 2014 | 42,000 /yr | |
| 314 | 1-bed | 771 sqft | AED 284KAED 283,886 · Nov 2015November 2015 | 30,000 /yr | |
| 315 | 3-bed | 1,610 sqft | AED 650KAED 650,000 · Jun 2015June 2015 | 70,000 /yr | |
| 316 | 1-bed | 558 sqft | AED 365KAED 365,000 · Jan 2025January 2025 | 46,000 /yr |
305, Mazaya 12 in numbers
- Sold once: by Al Mazaya Real Estate on 16 December 2019 for AED 730,770, or AED 600 per sqft.
- Rented since April 2015 on 6 Ejari contracts, from AED 75,000 to AED 41,800 a year.
- At AED 41,800 a year the gross yield on the 2019 price is 5.7%, before a service charge of about AED 11,900 a year (AED 9.78 per sqft).
Source: Dubai Land Department. Updated 1 September 2024.
Questions about 305, Mazaya 12
What did unit 305 last sell for?
AED 730,770 on 16 December 2019, sold by the developer: AED 600 per sqft for 1,218 sqft. It is the only registered sale of the unit.
What is the rent for unit 305?
AED 41,800 a year on the contract renewed on 1 September 2024. The previous contract, from August 2023, was AED 38,000; the unit has been rented since April 2015.
How big is unit 305?
1,218 sqft (113.2 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.
What is unit 305 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 305, Mazaya 12
Starts from the last sale price (AED 731K, 16 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 730,770
- Deposit, UAE resident (20%)
- AED 146,154
- Deposit, non-resident (40%)
- AED 292,308
- Monthly over 25 years at 3.7%
- AED 2,990
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →