2-bed · 1,035 sqftMazaya 22, Liwan · 3rd floor · completed 2014

305, Mazaya 22

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 305 · DLD and Ejari recordsUpdated 1 August 2022

Last soldAED 391K20 September 2015

Current rentAED 41K /yr1 August 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 305, Mazaya 22

Today

What is 305 worth today?

Last sold for AED 391,484 in 2015

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1 Aug 2022

1 Aug 2022RentedNew contract

AED 41,000/yr12 months · AED 40 per sqft

7 Jul 2022

7 Jul 2022RentedNew contract

AED 40,000/yr12 months · AED 39 per sqft

1 Jul 2021

1 Jul 2021RentedRenewal

AED 34,000/yr12 months · AED 33 per sqft

1 Jul 2020

1 Jul 2020RentedNew contract

AED 37,000/yr12 months · AED 36 per sqft

20 Sep 2015

20 Sep 2015Sold by developerReady

AED 391,484AED 378 per sqft

5 Apr 2015

5 Apr 2015RentedNew contract

AED 70,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type: 2-bed apartment
Size: 1,035 sqft
Floor: 3rd of 6
Parking: G-52
Developer: Al Mazaya Real Estate
Completed: 2014
Service charge: AED 12,600 /yr
Last sold: AED 391K · September 2015
Building: Mazaya 22

About 305, Mazaya 22

305 is a two-bedroom apartment of 1,035 sqft on the 3rd floor of Mazaya 22, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 20 September 2015 for AED 391,484, or AED 378 per sqft, in line with the AED 378 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 August 2022, is AED 41,000 a year: a gross yield of 10.5% on the 2015 price, before the service charge of about AED 12,600 a year.

Sales and rents for 305 over time

Sales

Unit 305, each saleTypical two-bed in Mazaya 22

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

Rents

Unit 305, each contractTypical two-bed in Mazaya 22

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 22, and where 305 sits

All 14 2-beds →

Mazaya 22 · all types878 /sqft

305 last sold in September 2015 at AED 378 per sqft, in line with what two-beds in Mazaya 22 were fetching at the time (AED 378).

Recent 2-bed sales	Size	Price (AED)	Per sqft
23 Sep 202423 September 2024	1,624 sqft	1,030,000	634
16 Jan 202416 January 2024	1,019 sqft	550,000	539
15 Jul 202215 July 2022	1,069 sqft	472,500	442
16 Apr 201916 April 2019	1,624 sqft	780,000	480

0 2-bed sales in the last 12 months

Mazaya 22

Building

55 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 878
Typical sale: AED 505K
Typical rent: AED 47K /yr
Typical yield: 6.9%

Mazaya 22, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 55 units in Mazaya 22


301	1-bed	1,046 sqft	AED 440KAED 440,000 · Sep 2023September 2023
302	1-bed	1,074 sqft	AED 550KAED 550,000 · Jul 2024July 2024	30,000 /yr
303	1-bed	575 sqft	AED 505KAED 505,000 · Jan 2026January 2026	38,000 /yr
304	1-bed	806 sqft	AED 589KAED 588,541 · Apr 2015April 2015	42,000 /yr
306	1-bed	590 sqft	AED 525KAED 525,000 · Jul 2025July 2025	48,000 /yr
307	1-bed	588 sqft	AED 330KAED 330,000 · Feb 2023February 2023	40,000 /yr
308	2-bed	1,046 sqft	AED 783KAED 782,968 · Apr 2009April 2009	70,000 /yr
309	1-bed	805 sqft	AED 320KAED 320,000 · Apr 2022April 2022	48,000 /yr
310	1-bed	577 sqft	AED 390KAED 390,116 · Apr 2009April 2009	38,500 /yr
311	1-bed	1,073 sqft	AED 550KAED 550,000 · Mar 2024March 2024	33,000 /yr
312	1-bed	825 sqft	AED 325KAED 325,000 · May 2023May 2023	37,000 /yr

1–7 of 11

305, Mazaya 22 in numbers

Sold once: by Al Mazaya Real Estate on 20 September 2015 for AED 391,484, or AED 378 per sqft.
Rented since April 2015 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 34,000 in 2021 and recovered to AED 41,000 by August 2022.
At AED 41,000 a year the gross yield on the 2015 price is 10.5%, before a service charge of about AED 12,600 a year (AED 12.18 per sqft).

Source: Dubai Land Department. Updated 1 August 2022.

Questions about 305, Mazaya 22

What did unit 305 last sell for?

AED 391,484 on 20 September 2015, sold by the developer: AED 378 per sqft for 1,035 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 41,000 a year on the contract signed on 1 August 2022. The previous contract, from July 2022, was AED 40,000; the unit has been rented since April 2015.

How big is unit 305?

1,035 sqft (96.2 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 22

Starts from the last sale price (AED 391K, 20 September 2015). Switch to today's estimate once you have unlocked it.

Price: AED 391,484
Deposit, UAE resident (20%): AED 78,297
Deposit, non-resident (40%): AED 156,594
Monthly over 25 years at 3.7%: AED 1,602

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