404, Mazaya 02
Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Mazaya 02
What is 404 worth today?
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Source: Dubai Land Department. Updated 12 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 996 sqft
- Floor
- 4th of 9
- Parking
- G-38
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 9,500 /yr
- Last sold
- AED 420K · October 2023
- Building
- Mazaya 02
About 404, Mazaya 02
404 is a one-bedroom apartment of 996 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 12 October 2023 for AED 420,000, or AED 421 per sqft, 12% below the AED 480 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 August 2022, is AED 32,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 9,500 a year.
Sales and rents for 404 over time
404 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 02, and where 404 sits
All 56 1-beds →404 last sold in October 2023 at AED 421 per sqft, 12% below what one-beds in Mazaya 02 were fetching at the time (AED 480). Over the last 12 months one-beds sold for AED 499,000 to 655,000, around AED 741 per sqft, and rent for AED 41,607 to 60,000 a year. 404's AED 32,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 994 sqft | 620,000 | 624 | ||
| 26 Oct 202626 October 2026 | 994 sqft | 573,650 | 577 | ||
| 27 Apr 202627 April 2026 | 650 sqft | 499,000 | 767 | ||
| 29 Jan 202629 January 2026 | 722 sqft | 550,000 | 761 |
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 | |
| 402 | 2-bed | 1,239 sqft | AED 996KAED 995,855 · May 2009May 2009 | 45,000 /yr | |
| 403 | 2-bed | 1,259 sqft | AED 850KAED 850,000 · Apr 2026April 2026 | 52,330 /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 |
404, Mazaya 02 in numbers
- Sold once: by Al Mazaya Real Estate on 12 October 2023 for AED 420,000, or AED 421 per sqft.
- Rented since November 2019 on 4 Ejari contracts. The rent fell from AED 34,000 to AED 28,000 in 2021 and recovered to AED 32,000 by August 2022.
- At AED 32,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 9,500 a year (AED 9.51 per sqft).
- One-beds in Mazaya 02 sold for AED 499,000–655,000 in the 12 months to November 2026; the building's median across all types is AED 727 per sqft.
Source: Dubai Land Department. Updated 12 October 2023.
Questions about 404, Mazaya 02
What did unit 404 last sell for?
AED 420,000 on 12 October 2023, sold by the developer: AED 421 per sqft for 996 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 32,000 a year on the contract signed on 15 August 2022. The previous contract, from November 2021, was AED 28,000; the unit has been rented since November 2019.
How big is unit 404?
996 sqft (92.5 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2014.
What is unit 404 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 02 sold for AED 499,000 to 655,000 in the last 12 months, around AED 741 per sqft.
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Mortgage on 404, Mazaya 02
Starts from the last sale price (AED 420K, 12 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →