309, Mazaya 23
Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Mazaya 23
What is 309 worth today?
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Source: Dubai Land Department. Updated 15 September 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 803 sqft
- Floor
- 3rd of 6
- Parking
- G-36
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 9,900 /yr
- Last sold
- AED 640K · March 2015
- Building
- Mazaya 23
About 309, Mazaya 23
309 is a one-bedroom apartment of 803 sqft on the 3rd floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 25 March 2015 for AED 640,000, or AED 796 per sqft, 16% above the AED 687 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 15 September 2019, is AED 34,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 9,900 a year.
Sales and rents for 309 over time
309 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 23, and where 309 sits
All 35 1-beds →309 last sold in March 2015 at AED 796 per sqft, 16% above what one-beds in Mazaya 23 were fetching at the time (AED 687). Over the last 12 months one-beds sold for AED 550,000, around AED 900 per sqft, and rent for AED 44,500 to 55,000 a year. 309's AED 34,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Dec 202516 December 2025 | 611 sqft | 550,000 | 900 | ||
| 19 Jun 202519 June 2025 | 572 sqft | 500,000 | 874 | ||
| 28 May 202528 May 2025 | 835 sqft | 570,000 | 682 | ||
| 12 May 202512 May 2025 | 571 sqft | 530,000 | 928 |
Mazaya 23
Building55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 2 sold in the last 12 months.
- Typical price per sqft
- AED 836
- Typical sale
- AED 700K
- Typical rent
- AED 53K /yr
- Typical yield
- 9.2%
Other units on the 3rd floor
All 55 units in Mazaya 23| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 1,063 sqft | AED 600KAED 600,000 · Oct 2017October 2017 | 65,000 /yr | |
| 302 | 1-bed | 1,059 sqft | AED 380KAED 380,000 · Aug 2022August 2022 | 52,500 /yr | |
| 303 | 1-bed | 563 sqft | AED 400KAED 400,000 · Apr 2018April 2018 | 43,000 /yr | |
| 304 | 1-bed | 803 sqft | AED 625KAED 625,000 · May 2014May 2014 | 45,000 /yr | |
| 305 | 2-bed | 1,083 sqft | AED 760KAED 760,000 · Nov 2016November 2016 | 72,000 /yr | |
| 306 | 1-bed | 620 sqft | AED 510KAED 510,000 · Mar 2025March 2025 | 60,000 /yr | |
| 307 | 1-bed | 620 sqft | AED 432KAED 432,352 · Aug 2014August 2014 | 45,000 /yr | |
| 308 | 2-bed | 1,083 sqft | AED 400KAED 400,000 · Aug 2016August 2016 | ||
| 310 | 1-bed | 572 sqft | AED 500KAED 500,000 · Jun 2025June 2025 | 28,000 /yr | |
| 311 | 1-bed | 1,066 sqft | AED 610KAED 610,000 · Oct 2017October 2017 | 57,000 /yr | |
| 312 | 1-bed | 788 sqft | AED 290KAED 290,241 · Apr 2014April 2014 | 25,000 /yr |
309, Mazaya 23 in numbers
- Sold twice: first on 24 November 2014 for AED 562,325, last on 25 March 2015 for AED 640,000 (AED 796 per sqft).
- Rented since November 2014 on 4 Ejari contracts, from AED 55,000 to AED 34,000 a year.
- At AED 34,000 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 9,900 a year (AED 12.38 per sqft).
- One-beds in Mazaya 23 sold for AED 550,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 836 per sqft.
Source: Dubai Land Department. Updated 15 September 2019.
Questions about 309, Mazaya 23
What did unit 309 last sell for?
AED 640,000 on 25 March 2015: AED 796 per sqft for 803 sqft. The unit has 2 registered sales; the first was AED 562,325 in November 2014.
What is the rent for unit 309?
AED 34,000 a year on the contract signed on 15 September 2019. The previous contract, from February 2019, was AED 40,000; the unit has been rented since November 2014.
How big is unit 309?
803 sqft (74.6 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2013.
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 23 sold for AED 550,000 to 550,000 in the last 12 months, around AED 900 per sqft.
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Mortgage on 309, Mazaya 23
Starts from the last sale price (AED 640K, 25 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →