Home
Dubai prices
About
Research
1-bed · 642 sqftMazaya 03, Liwan · 4th floor · completed 2014

404, Mazaya 03

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.

Unit 404 · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 446K4 May 2009
Current rentAED 25K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 404

Property timeline for 404, Mazaya 03

What is 404 worth today?

Last sold for AED 445,939 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Dec 2022RentedNew contract
AED 25,000/yr12 months · AED 39 per sqft
25 Mar 2022RentedNew contract
AED 23,000/yr12 months · AED 36 per sqft
25 Mar 2021RentedNew contract
AED 23,000/yr12 months · AED 36 per sqft
20 Oct 2019RentedRenewal
AED 35,000/yr12 months · AED 54 per sqft
20 Oct 2018RentedNew contract
AED 38,000/yr12 months · AED 59 per sqft
1 Jun 2017RentedNew contract
AED 47,000/yr12 months · AED 73 per sqft
4 May 2009Sold by developerOff-plan
AED 445,939AED 694 per sqft

Source: Dubai Land Department. Updated 15 December 2022.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
4th of 14
Parking
G-75
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 446K · May 2009
Building
Mazaya 03

About 404, Mazaya 03

404 is a one-bedroom apartment of 642 sqft on the 4th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 4 May 2009 for AED 445,939, or AED 694 per sqft, in line with the AED 698 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 December 2022, is AED 25,000 a year: a gross yield of 5.6% on the 2009 price, before the service charge of about AED 4,700 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Mazaya 03
300K400K500K2009201420192024Typical sale price by year: 2009 AED 461,258; 2013 AED 491,929; 2014 AED 457,725; 2015 AED 321,081; 2016 AED 450,000; 2017 AED 475,000; 2018 AED 400,000; 2019 AED 375,000; 2021 AED 310,000; 2025 AED 378,327; 2026 AED 450,000Sold by developer, May 2009: AED 445,939 (AED 694 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Mazaya 03
20K40K201520182021Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 47,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 25,000; 2022 AED 25,650New contract, June 2017: AED 47,000 a yearNew contract, October 2018: AED 38,000 a yearRenewal, October 2019: AED 35,000 a yearNew contract, March 2021: AED 23,000 a yearNew contract, March 2022: AED 23,000 a yearNew contract, December 2022: AED 25,000 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 03, and where 404 sits

All 147 1-beds →

404 last sold in May 2009 at AED 694 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 698). 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 salesUnit no.Price (AED)Summary
4 Jun 2026515,000
30 Apr 2026410,270
4 Apr 2026400,000
31 Jan 2026450,000
7 1-bed sales in the last 12 months

Mazaya 03

Building

219 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%
Mazaya 03, Liwan: prices, sales and rents →

Other units on the 4th floor

All 219 units in Mazaya 03
Value
4011-bedAED 455K · Dec 2016
4021-bedAED 359K · Nov 2013
4031-bedAED 457K · May 2009
4052-bedAED 510K · Feb 2021
4062-bedAED 580K · Oct 2019
4071-bedNo registered sale
4081-bedNo registered sale
1–7 of 18

404, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 4 May 2009 for AED 445,939, or AED 694 per sqft.
  • Rented since June 2017 on 6 Ejari contracts, from AED 47,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2009 price is 5.6%, before a service charge of about AED 4,700 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 15 December 2022.

Questions about 404, Mazaya 03

What did unit 404 last sell for?

AED 445,939 on 4 May 2009, sold by the developer: AED 694 per sqft for 642 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 25,000 a year on the contract signed on 15 December 2022. The previous contract, from March 2022, was AED 23,000; the unit has been rented since June 2017.

How big is unit 404?

642 sqft (59.6 sqm): a one-bedroom apartment on the 4th floor of a 14-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 03 sold for AED 380,000 to 520,000 in the last 12 months, around AED 624 per sqft.

Selling 404? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 404, Mazaya 03

Starts from the last sale price (AED 446K, 4 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 445,939
Deposit, UAE resident (20%)
AED 89,188
Deposit, non-resident (40%)
AED 178,376
Monthly over 25 years at 3.7%
AED 1,824

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