1-bed · 630 sqftMazaya 28, Liwan · 3rd floor · completed 2013

309, Mazaya 28

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 6 April 2025
Last soldAED 223K30 August 2015
Current rentAED 38K /yr6 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mazaya 28

What is 309 worth today?

Last sold for AED 223,154 in 2015

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6 Apr 2025RentedRenewal
AED 38,266/yr12 months · AED 61 per sqft
6 Apr 2024RentedRenewal
AED 34,787/yr12 months · AED 55 per sqft
7 Apr 2023RentedRenewal
AED 31,710/yr12 months · AED 50 per sqft
12 May 2020RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft
21 Jan 2019RentedNew contract
AED 33,000/yr12 months · AED 52 per sqft
30 Aug 2015Sold by developerReady
AED 223,154AED 354 per sqft

Source: Dubai Land Department. Updated 6 April 2025.

Key facts

Type
1-bed apartment
Size
630 sqft
Floor
3rd of 5
Parking
G-26
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 7,300 /yr
Last sold
AED 223K · August 2015
Building
Mazaya 28

About 309, Mazaya 28

309 is a one-bedroom apartment of 630 sqft on the 3rd floor of Mazaya 28, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. The developer sold it on 30 August 2015 for AED 223,154, or AED 354 per sqft, 51% below the AED 720 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 6 April 2025, is AED 38,266 a year: a gross yield of 17.2% on the 2015 price, before the service charge of about AED 7,300 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Mazaya 28
200K400K600K20092013201720212025Typical sale price by year: 2009 AED 449,283; 2014 AED 374,838; 2015 AED 600,000; 2016 AED 590,000; 2018 AED 405,000; 2022 AED 360,000; 2024 AED 400,000Sold by developer, August 2015: AED 223,154 (AED 354 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Mazaya 28
20K40K20142017202020232026Typical rent by year: 2014 AED 45,000; 2015 AED 52,000; 2016 AED 54,500; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 37,000; 2020 AED 28,000; 2021 AED 26,500; 2022 AED 29,450; 2023 AED 35,000; 2024 AED 42,000; 2025 AED 46,000New contract, January 2019: AED 33,000 a yearNew contract, May 2020: AED 25,000 a yearRenewal, April 2023: AED 31,710 a yearRenewal, April 2024: AED 34,787 a yearRenewal, April 2025: AED 38,266 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 28, and where 309 sits

All 34 1-beds →

309 last sold in August 2015 at AED 354 per sqft, 51% below what one-beds in Mazaya 28 were fetching at the time (AED 720). 309's AED 38,266 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Apr 2025460,000
10 Mar 2025480,000
12 Nov 2024460,000
11 Nov 2024420,000
0 1-bed sales in the last 12 months

Mazaya 28

Building

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

Typical price per sqft
AED 675
Typical sale
AED 945K
Typical rent
AED 49K /yr
Typical yield
10.0%
Mazaya 28, Liwan: prices, sales and rents →

Other units on the 3rd floor

All 61 units in Mazaya 28
Value
3013-bedAED 614K · Jul 2015
3021-bedAED 360K · Dec 2022
3032-bedAED 790K · Feb 2026
3041-bedAED 450K · Jan 2019
3051-bedAED 600K · Jun 2015
3061-bedAED 590K · Jan 2016
3072-bedAED 832K · Apr 2009
1–7 of 11

309, Mazaya 28 in numbers

  • Sold once: by Al Mazaya Real Estate on 30 August 2015 for AED 223,154, or AED 354 per sqft.
  • Rented since January 2019 on 5 Ejari contracts. The rent fell from AED 33,000 to AED 25,000 in 2020 and recovered to AED 38,266 by April 2025.
  • At AED 38,266 a year the gross yield on the 2015 price is 17.2%, before a service charge of about AED 7,300 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 6 April 2025.

Questions about 309, Mazaya 28

What did unit 309 last sell for?

AED 223,154 on 30 August 2015, sold by the developer: AED 354 per sqft for 630 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 38,266 a year on the contract renewed on 6 April 2025. The previous contract, from April 2024, was AED 34,787; the unit has been rented since January 2019.

How big is unit 309?

630 sqft (58.5 sqm): a one-bedroom apartment on the 3rd floor of a 5-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.

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Mortgage on 309, Mazaya 28

Starts from the last sale price (AED 223K, 30 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 223,154
Deposit, UAE resident (20%)
AED 44,631
Deposit, non-resident (40%)
AED 89,262
Monthly over 25 years at 3.7%
AED 913

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