1-bed · 547 sqftMazaya 04, Liwan · 4th floor · completed 2014

405, Mazaya 04

Sold prices and rental history: sold twice, last in March 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 18 December 2020
Last soldAED 460K27 March 2016
Current rentAED 25K /yr18 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Mazaya 04

What is 405 worth today?

Last sold for AED 460,000 in 2016

Unlock today's estimate, updated daily, with

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

18 Dec 2020RentedRenewal
AED 25,000/yr12 months · AED 46 per sqft
18 Dec 2019RentedNew contract
AED 32,000/yr12 months · AED 58 per sqft
25 Sep 2018RentedNew contract
AED 43,000/yr12 months · AED 78 per sqft
27 Mar 2016SoldReady
AED 460,000AED 840 per sqft
14 Jul 2015Sold by developerReady
AED 193,968AED 354 per sqft
23 May 2015RentedNew contract
AED 45,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 18 December 2020.

Key facts

Type
1-bed apartment
Size
547 sqft
Floor
4th of 13
Parking
G-129
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,000 /yr
Last sold
AED 460K · March 2016
Building
Mazaya 04

About 405, Mazaya 04

405 is a one-bedroom apartment of 547 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 27 March 2016 for AED 460,000, or AED 840 per sqft, 30% above the AED 646 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 18 December 2020, is AED 25,000 a year: a gross yield of 5.4% on the 2016 price, before the service charge of about AED 3,000 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, July 2015: AED 193,968 (AED 354 per sqft)Sold, March 2016: AED 460,000 (AED 840 per sqft)

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

Rents
Unit 405, 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, May 2015: AED 45,000 a yearNew contract, September 2018: AED 43,000 a yearNew contract, December 2019: AED 32,000 a yearRenewal, December 2020: 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 04, and where 405 sits

All 140 1-beds →

405 last sold in March 2016 at AED 840 per sqft, 30% above what one-beds in Mazaya 04 were fetching at the time (AED 646). 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. 405's AED 25,000 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
4011-bedAED 185K · Nov 2021
4022-bedAED 377K · Feb 2015
4032-bedAED 473K · Jul 2022
4041-bedAED 300K · Aug 2026
4061-bedAED 665K · Jun 2015
4071-bedAED 392K · Dec 2014
4081-bedAED 800K · Nov 2014
1–7 of 18

405, Mazaya 04 in numbers

  • Sold twice: first on 14 July 2015 for AED 193,968, last on 27 March 2016 for AED 460,000 (AED 840 per sqft).
  • Rented since May 2015 on 4 Ejari contracts, from AED 45,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2016 price is 5.4%, before a service charge of about AED 3,000 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 18 December 2020.

Questions about 405, Mazaya 04

What did unit 405 last sell for?

AED 460,000 on 27 March 2016: AED 840 per sqft for 547 sqft. The unit has 2 registered sales; the first was AED 193,968 in July 2015.

What is the rent for unit 405?

AED 25,000 a year on the contract renewed on 18 December 2020. The previous contract, from December 2019, was AED 32,000; the unit has been rented since May 2015.

How big is unit 405?

547 sqft (50.8 sqm): a one-bedroom apartment on the 4th floor of a 13-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. One-beds in Mazaya 04 sold for AED 90,000 to 507,360 in the last 12 months, around AED 569 per sqft.

Selling 405? 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 405, Mazaya 04

Starts from the last sale price (AED 460K, 27 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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