405, Mazaya 03
Sold prices and rental history: sold twice, last in February 2021, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Mazaya 03
What is 405 worth today?
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Source: Dubai Land Department. Updated 14 February 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,168 sqft
- Floor
- 4th of 14
- Parking
- B-37
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 8,600 /yr
- Last sold
- AED 510K · February 2021
- Building
- Mazaya 03
About 405, Mazaya 03
405 is a two-bedroom apartment of 1,168 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 14 February 2021 for AED 510,000, or AED 436 per sqft.
It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 1 May 2016, is AED 75,000 a year: a gross yield of 14.7% on the 2021 price, before the service charge of about AED 8,600 a year.
Sales and rents for 405 over time
405 has sold twice; 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 03, and where 405 sits
All 58 2-beds →Over the last 12 months two-beds sold for AED 680,000 to 700,000, around AED 561 per sqft, and rent for AED 50,000 to 50,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 May 202612 May 2026 | 1,246 sqft | 700,000 | 561 | ||
| 29 Apr 202629 April 2026 | 1,501 sqft | 700,000 | 466 | ||
| 13 Feb 202613 February 2026 | 1,168 sqft | 680,000 | 582 | ||
| 30 Mar 202230 March 2022 | 1,214 sqft | 452,000 | 372 |
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 | |
| 402 | 1-bed | 593 sqft | AED 359KAED 358,923 · Nov 2013November 2013 | 24,000 /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 | |
| 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 |
405, Mazaya 03 in numbers
- Sold twice: first on 4 May 2009 for AED 822,103, last on 14 February 2021 for AED 510,000 (AED 436 per sqft).
- Rented since April 2015 on 2 Ejari contracts, from AED 66,667 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2021 price is 14.7%, before a service charge of about AED 8,600 a year (AED 7.37 per sqft).
- Two-beds in Mazaya 03 sold for AED 680,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.
Source: Dubai Land Department. Updated 14 February 2021.
Questions about 405, Mazaya 03
What did unit 405 last sell for?
AED 510,000 on 14 February 2021: AED 436 per sqft for 1,168 sqft. The unit has 2 registered sales; the first was AED 822,103 in May 2009.
What is the rent for unit 405?
AED 75,000 a year on the contract renewed on 1 May 2016. The previous contract, from April 2015, was AED 66,667.
How big is unit 405?
1,168 sqft (108.5 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2014.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 03 sold for AED 680,000 to 700,000 in the last 12 months, around AED 561 per sqft.
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Mortgage on 405, Mazaya 03
Starts from the last sale price (AED 510K, 14 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 510,000
- Deposit, UAE resident (20%)
- AED 102,000
- Deposit, non-resident (40%)
- AED 204,000
- Monthly over 25 years at 3.7%
- AED 2,087
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →