2-bed · 1,714 sqftMazaya 27, Liwan · 3rd floor · completed 2013

312, Mazaya 27

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 470K9 March 2023
Current rentAED 57K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Mazaya 27

What is 312 worth today?

Last sold for AED 470,000 in 2023

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1 Jul 2024RentedNew contract
AED 57,000/yr4 months · AED 33 per sqft
1 Jul 2023RentedRenewal
AED 52,000/yr12 months · AED 30 per sqft
9 Mar 2023SoldReady
AED 470,000AED 274 per sqft
1 Jul 2022RentedNew contract
AED 45,000/yr12 months · AED 26 per sqft
1 Jul 2020RentedNew contract
AED 45,000/yr12 months · AED 26 per sqft
1 Jul 2018RentedNew contract
AED 68,000/yr12 months · AED 40 per sqft
1 Jan 2016RentedNew contract
AED 75,000/yr12 months · AED 44 per sqft
1 Jan 2015RentedNew contract
AED 78,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,714 sqft
Floor
3rd of 5
Parking
G-61
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 19,200 /yr
Last sold
AED 470K · March 2023
Building
Mazaya 27

About 312, Mazaya 27

312 is a two-bedroom apartment of 1,714 sqft on the 3rd floor of Mazaya 27, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 9 March 2023 for AED 470,000, or AED 274 per sqft, 34% below the AED 414 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 July 2024, is AED 57,000 a year: a gross yield of 12.1% on the 2023 price, before the service charge of about AED 19,200 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical two-bed in Mazaya 27
600K800K2014201720202023Typical sale price by year: 2014 AED 672,250; 2015 AED 808,633; 2016 AED 725,967; 2023 AED 477,500; 2024 AED 565,000Sold by developer, October 2014: AED 528,522 (AED 308 per sqft)Sold, March 2023: AED 470,000 (AED 274 per sqft)

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

Rents
Unit 312, each contractTypical two-bed in Mazaya 27
40K60K80K20142017202020232026Typical rent by year: 2014 AED 68,000; 2015 AED 72,500; 2016 AED 71,000; 2017 AED 66,000; 2018 AED 59,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 38,400; 2023 AED 50,000; 2024 AED 63,000; 2025 AED 62,000New contract, January 2015: AED 78,000 a yearNew contract, January 2016: AED 75,000 a yearNew contract, July 2018: AED 68,000 a yearNew contract, July 2020: AED 45,000 a yearNew contract, July 2022: AED 45,000 a yearRenewal, July 2023: AED 52,000 a yearNew contract, July 2024: AED 57,000 a year

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

2-beds in Mazaya 27, and where 312 sits

All 21 2-beds →

312 last sold in March 2023 at AED 274 per sqft, 34% below what two-beds in Mazaya 27 were fetching at the time (AED 414). Over the last 12 months two-beds sold for AED 800,000, around AED 716 per sqft, and rent for AED 60,000 to 60,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Dec 2025800,000
3 Jan 2025860,000
19 Sep 2024585,000
22 Aug 2024565,000
1 2-bed sale in the last 12 months

Mazaya 27

Building

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

Typical price per sqft
AED 716
Typical sale
AED 800K
Typical rent
AED 55K /yr
Typical yield
8.9%
Mazaya 27, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 61 units in Mazaya 27
Value
3013-bedAED 840K · Feb 2019
302AED 560K · Sep 2025
3032-bedAED 758K · Aug 2016
3041-bedAED 590K · Aug 2015
3051-bedAED 310K · Nov 2016
3061-bedAED 638K · Jan 2015
3072-bedAED 490K · Aug 2024
1–7 of 11

312, Mazaya 27 in numbers

  • Sold twice: first on 22 October 2014 for AED 528,522, last on 9 March 2023 for AED 470,000 (AED 274 per sqft).
  • Rented since January 2015 on 7 Ejari contracts. The rent fell from AED 78,000 to AED 45,000 in 2022 and recovered to AED 57,000 by July 2024.
  • At AED 57,000 a year the gross yield on the 2023 price is 12.1%, before a service charge of about AED 19,200 a year (AED 11.18 per sqft).
  • Two-beds in Mazaya 27 sold for AED 800,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 716 per sqft.

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 312, Mazaya 27

What did unit 312 last sell for?

AED 470,000 on 9 March 2023: AED 274 per sqft for 1,714 sqft. The unit has 2 registered sales; the first was AED 528,522 in October 2014.

What is the rent for unit 312?

AED 57,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2023, was AED 52,000; the unit has been rented since January 2015.

How big is unit 312?

1,714 sqft (159.2 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2013.

What is unit 312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 27 sold for AED 800,000 to 800,000 in the last 12 months, around AED 716 per sqft.

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Mortgage on 312, Mazaya 27

Starts from the last sale price (AED 470K, 9 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

Plus AED 22,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →