663 sqftMazaya 25, Liwan · 3rd floor · completed 2013

316, Mazaya 25

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 480K15 May 2024
Current rentAED 25K /yr3 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Mazaya 25

What is 316 worth today?

Last sold for AED 480,000 in 2024

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15 May 2024SoldReady
AED 480,000AED 724 per sqft
4 Apr 2024SoldReady
AED 372,000AED 561 per sqft
3 Jul 2021RentedNew contract
AED 25,000/yr12 months · AED 38 per sqft
3 Jul 2019RentedNew contract
AED 33,000/yr12 months · AED 49 per sqft
8 May 2016RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
7 Apr 2014SoldReady
AED 257,489AED 388 per sqft
24 Feb 2014RentedNew contract
AED 42,000/yr12 months · AED 63 per sqft
7 Apr 2009Sold by developerOff-plan
AED 514,977AED 777 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
Apartment
Size
663 sqft
Floor
3rd of 5
Parking
G-64
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 6,700 /yr
Last sold
AED 480K · May 2024
Building
Mazaya 25

About 316, Mazaya 25

316 is an apartment of 663 sqft on the 3rd floor of Mazaya 25, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 15 May 2024 for AED 480,000, or AED 724 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 3 July 2021, is AED 25,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 6,700 a year.

Mazaya 25

Building

80 apartments, 1-bed to 2-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 3 sold in the last 12 months.

Typical price per sqft
AED 824
Typical sale
AED 585K
Typical rent
AED 60K /yr
Typical yield
8.5%
Mazaya 25, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 80 units in Mazaya 25
Value
3012-bedAED 360K · Apr 2014
3021-bedAED 625K · May 2014
3031-bedAED 565K · Jan 2009
3041-bedAED 544K · Jun 2014
3051-bedAED 620K · Feb 2016
3062-bedAED 658K · Dec 2014
3071-bedAED 518K · Aug 2014
1–7 of 15

316, Mazaya 25 in numbers

  • Sold 4 times: first on 7 April 2009 for AED 514,977, last on 15 May 2024 for AED 480,000 (AED 724 per sqft).
  • Rented since February 2014 on 4 Ejari contracts, from AED 42,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 6,700 a year (AED 10.07 per sqft).

Source: Dubai Land Department. Updated 15 May 2024.

Questions about 316, Mazaya 25

What did unit 316 last sell for?

AED 480,000 on 15 May 2024: AED 724 per sqft for 663 sqft. The unit has 4 registered sales; the first was AED 514,977 in April 2009.

What is the rent for unit 316?

AED 25,000 a year on the contract signed on 3 July 2021. The previous contract, from July 2019, was AED 33,000; the unit has been rented since February 2014.

How big is unit 316?

663 sqft (61.6 sqm): an apartment on the 3rd floor of a 5-storey tower completed in 2013.

What is unit 316 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 316, Mazaya 25

Starts from the last sale price (AED 480K, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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