2-bed · 1,040 sqftMazaya 24, Liwan · 3rd floor · completed 2014

301, Mazaya 24

Sold prices and rental history: sold twice, last in February 2015, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 301 · DLD and Ejari recordsUpdated 21 October 2022

Last soldAED 383K9 February 2015

Current rentAED 60K /yr21 October 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 301, Mazaya 24

Today

What is 301 worth today?

Last sold for AED 383,387 in 2015

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21 Oct 2022

21 Oct 2022RentedNew contract

AED 60,000/yr12 months · AED 57 per sqft

9 Feb 2015

9 Feb 2015SoldReady

AED 383,387AED 368 per sqft

7 Apr 2009

7 Apr 2009Sold by developerOff-plan

AED 766,774AED 737 per sqft

Source: Dubai Land Department. Updated 21 October 2022.

Key facts

Type: 2-bed apartment
Size: 1,040 sqft
Floor: 3rd of 5
Parking: G-46
Developer: Al Mazaya Real Estate
Completed: 2014
Service charge: AED 12,600 /yr
Last sold: AED 383K · February 2015
Building: Mazaya 24

About 301, Mazaya 24

301 is a two-bedroom apartment of 1,040 sqft on the 3rd floor of Mazaya 24, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 9 February 2015 for AED 383,387, or AED 368 per sqft, 49% below the AED 723 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 21 October 2022. The current contract, signed on 21 October 2022, is AED 60,000 a year: a gross yield of 15.7% on the 2015 price, before the service charge of about AED 12,600 a year.

Sales and rents for 301 over time

Sales

Unit 301, each saleTypical two-bed in Mazaya 24

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

Rents

Unit 301, each contractTypical two-bed in Mazaya 24

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

2-beds in Mazaya 24, and where 301 sits

All 20 2-beds →

Mazaya 24 · all types877 /sqft

301 last sold in February 2015 at AED 368 per sqft, 49% below what two-beds in Mazaya 24 were fetching at the time (AED 723).

Recent 2-bed sales	Size	Price (AED)	Per sqft
19 Nov 202419 November 2024	1,054 sqft	675,000	640
12 Jun 202412 June 2024	1,054 sqft	665,000	630
1 May 20241 May 2024	1,042 sqft	625,000	599
17 May 202317 May 2023	1,053 sqft	550,000	522

0 2-bed sales in the last 12 months

Mazaya 24

Building

65 apartments, 1-bed to 2-bed over 5 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft: AED 877
Typical sale: AED 500K
Typical rent: AED 45K /yr
Typical yield: 8.7%

Mazaya 24, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 65 units in Mazaya 24


302	1-bed	728 sqft	AED 555KAED 555,000 · Nov 2016November 2016	37,597 /yr
303	1-bed	720 sqft	AED 400KAED 400,000 · May 2024May 2024	33,600 /yr
304	1-bed	723 sqft	AED 485KAED 485,000 · Jun 2024June 2024	43,000 /yr
305	2-bed	1,042 sqft	AED 760KAED 760,000 · Feb 2009February 2009	50,600 /yr
306	1-bed	567 sqft	AED 410KAED 410,000 · Dec 2017December 2017	50,000 /yr
307		570 sqft	AED 394KAED 393,575 · Feb 2009February 2009	43,000 /yr
308	2-bed	1,054 sqft	AED 525KAED 525,000 · Nov 2022November 2022	38,000 /yr
309	1-bed	928 sqft	AED 580KAED 580,000 · Oct 2017October 2017	55,000 /yr
310	1-bed	929 sqft	No registered sale	75,000 /yr
311	2-bed	1,053 sqft	AED 600KAED 600,000 · Jun 2018June 2018	65,000 /yr
312	1-bed	571 sqft	AED 417KAED 417,423 · Jan 2015January 2015	41,000 /yr
313	1-bed	565 sqft	AED 400KAED 400,000 · Jun 2018June 2018	42,000 /yr

1–7 of 12

301, Mazaya 24 in numbers

Sold twice: first on 7 April 2009 for AED 766,774, last on 9 February 2015 for AED 383,387 (AED 368 per sqft).
Rented since October 2022 on one Ejari contract, at AED 60,000 a year.
At AED 60,000 a year the gross yield on the 2015 price is 15.7%, before a service charge of about AED 12,600 a year (AED 12.09 per sqft).

Source: Dubai Land Department. Updated 21 October 2022.

Questions about 301, Mazaya 24

What did unit 301 last sell for?

AED 383,387 on 9 February 2015: AED 368 per sqft for 1,040 sqft. The unit has 2 registered sales; the first was AED 766,774 in April 2009.

What is the rent for unit 301?

AED 60,000 a year on the contract signed on 21 October 2022.

How big is unit 301?

1,040 sqft (96.6 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2014.

What is unit 301 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 301, Mazaya 24

Starts from the last sale price (AED 383K, 9 February 2015). Switch to today's estimate once you have unlocked it.

Price: AED 383,387
Deposit, UAE resident (20%): AED 76,677
Deposit, non-resident (40%): AED 153,355
Monthly over 25 years at 3.7%: AED 1,569

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