2-bed · 1,108 sqftMazaya 04, Liwan · 4th floor · completed 2014

403, Mazaya 04

Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 18 July 2022
Last soldAED 473K18 July 2022
Current rentAED 36K /yr11 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Mazaya 04

What is 403 worth today?

Last sold for AED 472,500 in 2022

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18 Jul 2022Sold by developerReady
AED 472,500AED 426 per sqft
11 Feb 2021RentedNew contract
AED 36,000/yr12 months · AED 32 per sqft
15 Dec 2019RentedNew contract
AED 44,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 18 July 2022.

Key facts

Type
2-bed apartment
Size
1,108 sqft
Floor
4th of 13
Parking
B-56
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,100 /yr
Last sold
AED 473K · July 2022
Building
Mazaya 04

About 403, Mazaya 04

403 is a two-bedroom apartment of 1,108 sqft on the 4th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 18 July 2022 for AED 472,500, or AED 426 per sqft, in line with the AED 437 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 11 February 2021, is AED 36,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 6,100 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Mazaya 04
400K600K800K2009201420192024Typical sale price by year: 2009 AED 794,680; 2014 AED 576,631; 2015 AED 529,590; 2016 AED 750,000; 2017 AED 700,000; 2018 AED 725,000; 2020 AED 540,000; 2021 AED 455,000; 2026 AED 585,000Sold by developer, July 2022: AED 472,500 (AED 426 per sqft)

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

Rents
Unit 403, each contractTypical two-bed in Mazaya 04
40K60K80K2014201720202023Typical rent by year: 2014 AED 80,000; 2015 AED 72,000; 2016 AED 71,000; 2017 AED 65,000; 2018 AED 60,000; 2019 AED 48,000; 2020 AED 42,500; 2021 AED 38,000; 2022 AED 40,000New contract, December 2019: AED 44,000 a yearNew contract, February 2021: AED 36,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 04, and where 403 sits

All 60 2-beds →

403 last sold in July 2022 at AED 426 per sqft, in line with what two-beds in Mazaya 04 were fetching at the time (AED 437). Over the last 12 months two-beds sold for AED 540,645 to 705,052, around AED 506 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 2026620,000
21 Sep 2026540,645
17 Feb 2026705,052
19 Jan 2026550,000
4 2-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
4011-bedAED 185K · Nov 2021
4022-bedAED 377K · Feb 2015
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

403, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 18 July 2022 for AED 472,500, or AED 426 per sqft.
  • Rented since December 2019 on 2 Ejari contracts, from AED 44,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 6,100 a year (AED 5.49 per sqft).
  • Two-beds in Mazaya 04 sold for AED 540,645–705,052 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 18 July 2022.

Questions about 403, Mazaya 04

What did unit 403 last sell for?

AED 472,500 on 18 July 2022, sold by the developer: AED 426 per sqft for 1,108 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 36,000 a year on the contract signed on 11 February 2021. The previous contract, from December 2019, was AED 44,000.

How big is unit 403?

1,108 sqft (102.9 sqm): a two-bedroom apartment on the 4th floor of a 13-storey tower completed in 2014.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 04 sold for AED 540,645 to 705,052 in the last 12 months, around AED 506 per sqft.

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Mortgage on 403, Mazaya 04

Starts from the last sale price (AED 473K, 18 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 472,500
Deposit, UAE resident (20%)
AED 94,500
Deposit, non-resident (40%)
AED 189,000
Monthly over 25 years at 3.7%
AED 1,933

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