1-bed · 853 sqftMazaya 04, Liwan · 4th floor · completed 2014

401, Mazaya 04

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 10 December 2021
Last soldAED 185K17 November 2021
Current rentAED 29K /yr10 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Mazaya 04

What is 401 worth today?

Last sold for AED 185,000 in 2021

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10 Dec 2021RentedNew contract
AED 29,000/yr12 months · AED 34 per sqft
17 Nov 2021SoldReady
AED 185,000AED 217 per sqft
5 Feb 2021RentedRenewal
AED 30,000/yr12 months · AED 35 per sqft
5 Feb 2020RentedNew contract
AED 33,000/yr12 months · AED 39 per sqft
25 Oct 2018RentedRenewal
AED 45,000/yr12 months · AED 53 per sqft
25 Oct 2017RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
16 Jun 2015Sold by developerReady
AED 334,028AED 391 per sqft

Source: Dubai Land Department. Updated 10 December 2021.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
4th of 13
Parking
G-93
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 185K · November 2021
Building
Mazaya 04

About 401, Mazaya 04

401 is a one-bedroom apartment of 853 sqft on the 4th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 17 November 2021 for AED 185,000, or AED 217 per sqft, 55% below the AED 477 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 10 December 2021, is AED 29,000 a year: a gross yield of 15.7% on the 2021 price, before the service charge of about AED 4,700 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Mazaya 04
200K400K2009201420192024Typical sale price by year: 2009 AED 412,907; 2013 AED 389,160; 2014 AED 392,326; 2015 AED 390,794; 2016 AED 460,000; 2017 AED 470,000; 2018 AED 380,000; 2019 AED 340,000; 2020 AED 300,000; 2021 AED 277,500; 2022 AED 277,500; 2023 AED 300,000; 2025 AED 335,000; 2026 AED 316,530Sold by developer, June 2015: AED 334,028 (AED 391 per sqft)Sold, November 2021: AED 185,000 (AED 217 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Mazaya 04
20K40K60K2014201820222026Typical rent by year: 2014 AED 48,000; 2015 AED 48,000; 2016 AED 48,867; 2017 AED 45,514; 2018 AED 40,000; 2019 AED 32,500; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 26,500; 2023 AED 25,000; 2024 AED 35,000; 2025 AED 49,000; 2026 AED 55,000New contract, October 2017: AED 48,000 a yearRenewal, October 2018: AED 45,000 a yearNew contract, February 2020: AED 33,000 a yearRenewal, February 2021: AED 30,000 a yearNew contract, December 2021: AED 29,000 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 04, and where 401 sits

All 140 1-beds →

401 last sold in November 2021 at AED 217 per sqft, 55% below what one-beds in Mazaya 04 were fetching at the time (AED 477). Over the last 12 months one-beds sold for AED 90,000 to 507,360, around AED 569 per sqft, and rent for AED 22,000 to 60,000 a year. 401's AED 29,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 2026305,000
24 Aug 2026410,000
13 Aug 2026300,000
19 Jul 2026305,000
18 1-bed sales in the last 12 months

Mazaya 04

Building

216 apartments, 1-bed to 3-bed over 13 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 23 sold in the last 12 months.

Typical price per sqft
AED 557 Up 1.5%
Typical sale
AED 340K
Typical rent
AED 53K /yr
Typical yield
14.7%
Mazaya 04, Liwan: prices, sales and rents →

Other units on the 4th floor

All 216 units in Mazaya 04
Value
4022-bedAED 377K · Feb 2015
4032-bedAED 473K · Jul 2022
4041-bedAED 300K · Aug 2026
4051-bedAED 460K · Mar 2016
4061-bedAED 665K · Jun 2015
4071-bedAED 392K · Dec 2014
4081-bedAED 800K · Nov 2014
1–7 of 18

401, Mazaya 04 in numbers

  • Sold twice: first on 16 June 2015 for AED 334,028, last on 17 November 2021 for AED 185,000 (AED 217 per sqft).
  • Rented since October 2017 on 5 Ejari contracts, from AED 48,000 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2021 price is 15.7%, before a service charge of about AED 4,700 a year (AED 5.49 per sqft).
  • One-beds in Mazaya 04 sold for AED 90,000–507,360 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 10 December 2021.

Questions about 401, Mazaya 04

What did unit 401 last sell for?

AED 185,000 on 17 November 2021: AED 217 per sqft for 853 sqft. The unit has 2 registered sales; the first was AED 334,028 in June 2015.

What is the rent for unit 401?

AED 29,000 a year on the contract signed on 10 December 2021. The previous contract, from February 2021, was AED 30,000; the unit has been rented since October 2017.

How big is unit 401?

853 sqft (79.2 sqm): a one-bedroom apartment on the 4th floor of a 13-storey tower completed in 2014.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 04 sold for AED 90,000 to 507,360 in the last 12 months, around AED 569 per sqft.

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Mortgage on 401, Mazaya 04

Starts from the last sale price (AED 185K, 17 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 185,000
Deposit, UAE resident (20%)
AED 37,000
Deposit, non-resident (40%)
AED 74,000
Monthly over 25 years at 3.7%
AED 757

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