309, Mazaya 15
Sold prices and rental history: sold twice, last in September 2024, 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 309, Mazaya 15
What is 309 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,146 sqft
- Floor
- 3rd of 10
- Parking
- G-47
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 11,100 /yr
- Last sold
- AED 740K · September 2024
- Building
- Mazaya 15
About 309, Mazaya 15
309 is a two-bedroom apartment of 1,146 sqft on the 3rd floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 18 September 2024 for AED 740,000, or AED 645 per sqft, 8% above the AED 598 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 55,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 11,100 a year.
Sales and rents for 309 over time
309 has sold twice; 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 15, and where 309 sits
All 24 2-beds →309 last sold in September 2024 at AED 645 per sqft, 8% above what two-beds in Mazaya 15 were fetching at the time (AED 598). 309's AED 55,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jun 202518 June 2025 | 1,157 sqft | 870,000 | 751 | ||
| 13 May 202513 May 2025 | 1,415 sqft | 1,080,000 | 763 | ||
| 9 May 20259 May 2025 | 1,157 sqft | 700,000 | 604 | ||
| 17 Mar 202517 March 2025 | 1,415 sqft | 1,000,000 | 706 |
Mazaya 15
Building82 apartments, 1-bed to 3-bed over 10 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 1 sold in the last 12 months.
- Typical price per sqft
- AED 573
- Typical sale
- AED 656K
- Typical rent
- AED 53K /yr
- Typical yield
- 11.3%
Other units on the 3rd floor
All 82 units in Mazaya 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 728 sqft | AED 609KAED 608,720 · Aug 2014August 2014 | 28,000 /yr | |
| 302 | 1-bed | 668 sqft | AED 450KAED 450,111 · Apr 2009April 2009 | 20,000 /yr | |
| 303 | 1,184 sqft | AED 860KAED 860,000 · Oct 2025October 2025 | 80,000 /yr | ||
| 304 | 1-bed | 844 sqft | AED 610KAED 610,000 · Jun 2025June 2025 | 42,000 /yr | |
| 305 | 1-bed | 698 sqft | AED 249KAED 249,193 · Sep 2015September 2015 | 50,000 /yr | |
| 306 | 1-bed | 718 sqft | AED 450KAED 450,000 · Oct 2024October 2024 | 38,115 /yr | |
| 307 | 1-bed | 698 sqft | AED 340KAED 340,000 · Feb 2024February 2024 | 25,000 /yr | |
| 308 | 1-bed | 834 sqft | AED 643KAED 643,000 · Sep 2015September 2015 | ||
| 310 | 1-bed | 725 sqft | AED 250KAED 250,000 · Oct 2017October 2017 | 52,000 /yr |
309, Mazaya 15 in numbers
- Sold twice: first on 6 September 2015 for AED 421,039, last on 18 September 2024 for AED 740,000 (AED 645 per sqft).
- Rented since May 2017 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2021 and recovered to AED 55,000 by December 2024.
- At AED 55,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 11,100 a year (AED 9.65 per sqft).
Source: Dubai Land Department. Updated 1 December 2024.
Questions about 309, Mazaya 15
What did unit 309 last sell for?
AED 740,000 on 18 September 2024: AED 645 per sqft for 1,146 sqft. The unit has 2 registered sales; the first was AED 421,039 in September 2015.
What is the rent for unit 309?
AED 55,000 a year on the contract renewed on 1 December 2024. The previous contract, from June 2024, was AED 50,000; the unit has been rented since May 2017.
How big is unit 309?
1,146 sqft (106.5 sqm): a two-bedroom apartment on the 3rd floor of a 10-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.
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Mortgage on 309, Mazaya 15
Starts from the last sale price (AED 740K, 18 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →