402, Mazaya 03
Sold prices and rental history: sold twice, last in November 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Mazaya 03
What is 402 worth today?
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Source: Dubai Land Department. Updated 25 June 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 593 sqft
- Floor
- 4th of 14
- Parking
- G-53
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 4,400 /yr
- Last sold
- AED 359K · November 2013
- Building
- Mazaya 03
About 402, Mazaya 03
402 is a one-bedroom apartment of 593 sqft on the 4th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 24 November 2013 for AED 358,923, or AED 605 per sqft, 12% above the AED 540 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 25 June 2021, is AED 24,000 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 4,400 a year.
Sales and rents for 402 over time
402 has sold twice; 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 03, and where 402 sits
All 147 1-beds →402 last sold in November 2013 at AED 605 per sqft, 12% above what one-beds in Mazaya 03 were fetching at the time (AED 540). Over the last 12 months one-beds sold for AED 380,000 to 520,000, around AED 624 per sqft, and rent for AED 40,000 to 50,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20264 June 2026 | 934 sqft | 515,000 | 551 | ||
| 30 Apr 202630 April 2026 | 618 sqft | 410,270 | 664 | ||
| 4 Apr 20264 April 2026 | 641 sqft | 400,000 | 624 | ||
| 31 Jan 202631 January 2026 | 593 sqft | 450,000 | 759 |
Mazaya 03
Building219 apartments, studios to 3-bed over 14 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 11 sold in the last 12 months.
- Typical price per sqft
- AED 571
- Typical sale
- AED 515K
- Typical rent
- AED 50K /yr
- Typical yield
- 7.1%
Other units on the 4th floor
All 219 units in Mazaya 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 521 sqft | AED 455KAED 455,000 · Dec 2016December 2016 | 36,000 /yr | |
| 403 | 1-bed | 641 sqft | AED 457KAED 457,220 · May 2009May 2009 | 21,000 /yr | |
| 404 | 1-bed | 642 sqft | AED 446KAED 445,939 · May 2009May 2009 | 25,000 /yr | |
| 405 | 2-bed | 1,168 sqft | AED 510KAED 510,000 · Feb 2021February 2021 | 75,000 /yr | |
| 406 | 2-bed | 1,214 sqft | AED 580KAED 580,000 · Oct 2019October 2019 | 64,000 /yr | |
| 407 | 1-bed | 910 sqft | No registered sale | 26,000 /yr | |
| 408 | 1-bed | 893 sqft | No registered sale | 25,000 /yr | |
| 409 | 1-bed | 933 sqft | AED 350KAED 350,000 · Nov 2021November 2021 | 44,500 /yr | |
| 410 | 1-bed | 618 sqft | AED 380KAED 380,000 · Jan 2019January 2019 | 24,931 /yr | |
| 411 | 1-bed | 618 sqft | AED 429KAED 429,018 · May 2009May 2009 | 22,000 /yr | |
| 412 | 1-bed | 619 sqft | AED 450KAED 450,000 · Oct 2015October 2015 | 33,352 /yr | |
| 413 | 1-bed | 609 sqft | AED 480KAED 480,000 · May 2017May 2017 | 23,000 /yr | |
| 414 | 2-bed | 1,294 sqft | AED 469KAED 469,042 · Jul 2015July 2015 | 47,382 /yr | |
| 415 | 2-bed | 1,098 sqft | AED 385KAED 385,405 · Jun 2015June 2015 | 70,000 /yr | |
| 416 | 1-bed | 632 sqft | AED 268KAED 267,500 · Aug 2015August 2015 | 23,000 /yr | |
| 417 | 1-bed | 834 sqft | AED 673KAED 672,981 · May 2009May 2009 | 31,000 /yr | |
| 418 | 1-bed | 781 sqft | AED 537KAED 536,537 · May 2009May 2009 | ||
| 419 | 1-bed | 515 sqft | AED 380KAED 380,000 · Jun 2015June 2015 | 25,300 /yr |
402, Mazaya 03 in numbers
- Sold twice: first on 4 May 2009 for AED 412,450, last on 24 November 2013 for AED 358,923 (AED 605 per sqft).
- Rented since May 2015 on 7 Ejari contracts, from AED 47,000 to AED 24,000 a year.
- At AED 24,000 a year the gross yield on the 2013 price is 6.7%, before a service charge of about AED 4,400 a year (AED 7.37 per sqft).
- One-beds in Mazaya 03 sold for AED 380,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.
Source: Dubai Land Department. Updated 25 June 2021.
Questions about 402, Mazaya 03
What did unit 402 last sell for?
AED 358,923 on 24 November 2013: AED 605 per sqft for 593 sqft. The unit has 2 registered sales; the first was AED 412,450 in May 2009.
What is the rent for unit 402?
AED 24,000 a year on the contract renewed on 25 June 2021. The previous contract, from June 2020, was AED 24,000; the unit has been rented since May 2015.
How big is unit 402?
593 sqft (55.1 sqm): a one-bedroom apartment on the 4th floor of a 14-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. One-beds in Mazaya 03 sold for AED 380,000 to 520,000 in the last 12 months, around AED 624 per sqft.
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Mortgage on 402, Mazaya 03
Starts from the last sale price (AED 359K, 24 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 358,923
- Deposit, UAE resident (20%)
- AED 71,785
- Deposit, non-resident (40%)
- AED 143,569
- Monthly over 25 years at 3.7%
- AED 1,468
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →