402, Mazaya 02
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Mazaya 02
What is 402 worth today?
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Source: Dubai Land Department. Updated 20 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,239 sqft
- Floor
- 4th of 9
- Parking
- G-48
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 11,800 /yr
- Last sold
- AED 996K · May 2009
- Building
- Mazaya 02
About 402, Mazaya 02
402 is a two-bedroom apartment of 1,239 sqft on the 4th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 31 May 2009 for AED 995,855, or AED 803 per sqft, 12% above the AED 716 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 20 November 2023, is AED 45,000 a year: a gross yield of 4.5% on the 2009 price, before the service charge of about AED 11,800 a year.
Sales and rents for 402 over time
402 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 02, and where 402 sits
All 29 2-beds →402 last sold in May 2009 at AED 803 per sqft, 12% above what two-beds in Mazaya 02 were fetching at the time (AED 716). Over the last 12 months two-beds sold for AED 850,000 to 965,000, around AED 716 per sqft, and rent for AED 52,330 to 85,000 a year. 402's AED 45,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Aug 202618 August 2026 | 1,239 sqft | 915,000 | 738 | ||
| 27 Jul 202627 July 2026 | 1,348 sqft | 965,000 | 716 | ||
| 8 Apr 20268 April 2026 | 1,259 sqft | 850,000 | 674 | ||
| 30 Apr 202530 April 2025 | 1,349 sqft | 777,898 | 576 |
Mazaya 02
Building91 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.
- Typical price per sqft
- AED 727 Up 26.2%
- Typical sale
- AED 597K
- Typical rent
- AED 53K /yr
- Typical yield
- 8.2%
Other units on the 4th floor
All 91 units in Mazaya 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 652 sqft | AED 295KAED 295,000 · Oct 2022October 2022 | 52,000 /yr | |
| 403 | 2-bed | 1,259 sqft | AED 850KAED 850,000 · Apr 2026April 2026 | 52,330 /yr | |
| 404 | 1-bed | 996 sqft | AED 420KAED 420,000 · Oct 2023October 2023 | 32,000 /yr | |
| 405 | 1-bed | 840 sqft | AED 578KAED 577,639 · May 2009May 2009 | 54,000 /yr | |
| 406 | 1-bed | 994 sqft | AED 620KAED 620,000 · Oct 2026October 2026 | 41,140 /yr | |
| 407 | 1-bed | 763 sqft | AED 605KAED 605,112 · Oct 2017October 2017 | 41,607 /yr | |
| 408 | 1-bed | 769 sqft | AED 262KAED 262,021 · Jul 2018July 2018 | 42,446 /yr | |
| 409 | 2-bed | 1,348 sqft | AED 965KAED 965,000 · Jul 2026July 2026 | 51,600 /yr | |
| 410 | 1-bed | 736 sqft | AED 410KAED 410,000 · Oct 2023October 2023 | 49,000 /yr | |
| 411 | 1-bed | 722 sqft | AED 244KAED 244,145 · Jul 2020July 2020 | 38,000 /yr | |
| 412 | 1-bed | 735 sqft | AED 588KAED 588,205 · May 2018May 2018 | 48,000 /yr |
402, Mazaya 02 in numbers
- Sold once: by Al Mazaya Real Estate on 31 May 2009 for AED 995,855, or AED 803 per sqft.
- Rented since October 2017 on 6 Ejari contracts, from AED 65,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2009 price is 4.5%, before a service charge of about AED 11,800 a year (AED 9.51 per sqft).
- Two-beds in Mazaya 02 sold for AED 850,000–965,000 in the 12 months to November 2026; the building's median across all types is AED 727 per sqft.
Source: Dubai Land Department. Updated 20 November 2023.
Questions about 402, Mazaya 02
What did unit 402 last sell for?
AED 995,855 on 31 May 2009, sold by the developer: AED 803 per sqft for 1,239 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 45,000 a year on the contract renewed on 20 November 2023. The previous contract, from November 2022, was AED 43,000; the unit has been rented since October 2017.
How big is unit 402?
1,239 sqft (115.1 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2014.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 02 sold for AED 850,000 to 965,000 in the last 12 months, around AED 716 per sqft.
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Mortgage on 402, Mazaya 02
Starts from the last sale price (AED 996K, 31 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 995,855
- Deposit, UAE resident (20%)
- AED 199,171
- Deposit, non-resident (40%)
- AED 398,342
- Monthly over 25 years at 3.7%
- AED 4,074
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →