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1-bed · 1,066 sqftMazaya 23, Liwan · 3rd floor · completed 2013

311, Mazaya 23

Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 610K15 October 2017
Current rentAED 57K /yr19 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311, Mazaya 23

What is 311 worth today?

Last sold for AED 610,000 in 2017

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19 Aug 2024RentedNew contract
AED 57,000/yr12 months · AED 53 per sqft
1 Aug 2023RentedRenewal
AED 37,485/yr12 months · AED 35 per sqft
1 Aug 2021RentedRenewal
AED 36,000/yr12 months · AED 34 per sqft
9 Jun 2018RentedNew contract
AED 47,000/yr12 months · AED 44 per sqft
15 Oct 2017SoldReady
AED 610,000AED 572 per sqft
17 Apr 2017RentedRenewal
AED 57,000/yr12 months · AED 53 per sqft
15 Apr 2016RentedNew contract
AED 61,657/yr12 months · AED 58 per sqft
3 Mar 2016Sold by developerReady
AED 457,000AED 428 per sqft

Source: Dubai Land Department. Updated 19 August 2024.

Key facts

Type
1-bed apartment
Size
1,066 sqft
Floor
3rd of 6
Parking
G-1
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 13,200 /yr
Last sold
AED 610K · October 2017
Building
Mazaya 23

About 311, Mazaya 23

311 is a one-bedroom apartment of 1,066 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 15 October 2017 for AED 610,000, or AED 572 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 19 August 2024, is AED 57,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 13,200 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in Mazaya 23
400K500K600K2009201420192024Typical sale price by year: 2009 AED 432,352; 2014 AED 432,352; 2015 AED 540,000; 2016 AED 523,500; 2017 AED 610,000; 2018 AED 400,000; 2024 AED 410,000; 2025 AED 540,000Sold by developer, March 2016: AED 457,000 (AED 428 per sqft)Sold, October 2017: AED 610,000 (AED 572 per sqft)

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

Rents
Unit 311, each contractTypical one-bed in Mazaya 23
20K40K60K20142017202020232026Typical rent by year: 2014 AED 45,000; 2015 AED 48,000; 2016 AED 47,000; 2017 AED 45,061; 2018 AED 42,000; 2019 AED 35,500; 2020 AED 27,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 32,600; 2024 AED 41,000; 2025 AED 45,500New contract, April 2016: AED 61,657 a yearRenewal, April 2017: AED 57,000 a yearNew contract, June 2018: AED 47,000 a yearRenewal, August 2021: AED 36,000 a yearRenewal, August 2023: AED 37,485 a yearNew contract, August 2024: AED 57,000 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 23, and where 311 sits

All 35 1-beds →

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. 311's AED 57,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Dec 2025550,000
19 Jun 2025500,000
28 May 2025570,000
12 May 2025530,000
1 1-bed sale in the last 12 months

Mazaya 23

Building

55 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%
Mazaya 23, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 55 units in Mazaya 23
Value
3011-bedAED 600K · Oct 2017
3021-bedAED 380K · Aug 2022
3031-bedAED 400K · Apr 2018
3041-bedAED 625K · May 2014
3052-bedAED 760K · Nov 2016
3061-bedAED 510K · Mar 2025
3071-bedAED 432K · Aug 2014
1–7 of 11

311, Mazaya 23 in numbers

  • Sold twice: first on 3 March 2016 for AED 457,000, last on 15 October 2017 for AED 610,000 (AED 572 per sqft).
  • Rented since April 2016 on 6 Ejari contracts. The rent fell from AED 61,657 to AED 36,000 in 2021 and recovered to AED 57,000 by August 2024.
  • At AED 57,000 a year the gross yield on the 2017 price is 9.3%, before a service charge of about AED 13,200 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 19 August 2024.

Questions about 311, Mazaya 23

What did unit 311 last sell for?

AED 610,000 on 15 October 2017: AED 572 per sqft for 1,066 sqft. The unit has 2 registered sales; the first was AED 457,000 in March 2016.

What is the rent for unit 311?

AED 57,000 a year on the contract signed on 19 August 2024. The previous contract, from August 2023, was AED 37,485; the unit has been rented since April 2016.

How big is unit 311?

1,066 sqft (99.0 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2013.

What is unit 311 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 311, Mazaya 23

Starts from the last sale price (AED 610K, 15 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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