406, Mazaya 03
Sold prices and rental history: sold twice, last in October 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Mazaya 03
What is 406 worth today?
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Source: Dubai Land Department. Updated 7 October 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,214 sqft
- Floor
- 4th of 14
- Parking
- B-70
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 8,900 /yr
- Last sold
- AED 580K · October 2019
- Building
- Mazaya 03
About 406, Mazaya 03
406 is a two-bedroom apartment of 1,214 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 7 October 2019 for AED 580,000, or AED 477 per sqft, in line with the AED 477 two-beds in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 December 2017, is AED 64,000 a year: a gross yield of 11.0% on the 2019 price, before the service charge of about AED 8,900 a year.
Sales and rents for 406 over time
406 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 406 sits
All 58 2-beds →406 last sold in October 2019 at AED 477 per sqft, in line with what two-beds in Mazaya 03 were fetching at the time (AED 477). 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 | |
| 405 | 2-bed | 1,168 sqft | AED 510KAED 510,000 · Feb 2021February 2021 | 75,000 /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 |
406, Mazaya 03 in numbers
- Sold twice: first on 17 June 2015 for AED 441,849, last on 7 October 2019 for AED 580,000 (AED 477 per sqft).
- Rented since August 2016 on 2 Ejari contracts, from AED 74,000 to AED 64,000 a year.
- At AED 64,000 a year the gross yield on the 2019 price is 11.0%, before a service charge of about AED 8,900 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 7 October 2019.
Questions about 406, Mazaya 03
What did unit 406 last sell for?
AED 580,000 on 7 October 2019: AED 477 per sqft for 1,214 sqft. The unit has 2 registered sales; the first was AED 441,849 in June 2015.
What is the rent for unit 406?
AED 64,000 a year on the contract signed on 1 December 2017. The previous contract, from August 2016, was AED 74,000.
How big is unit 406?
1,214 sqft (112.8 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2014.
What is unit 406 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 406, Mazaya 03
Starts from the last sale price (AED 580K, 7 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 580,000
- Deposit, UAE resident (20%)
- AED 116,000
- Deposit, non-resident (40%)
- AED 232,000
- Monthly over 25 years at 3.7%
- AED 2,373
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →