406, Mazaya 04
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Mazaya 04
What is 406 worth today?
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Source: Dubai Land Department. Updated 5 August 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 4th of 13
- Parking
- B-33
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 5,100 /yr
- Last sold
- AED 665K · June 2015
- Building
- Mazaya 04
About 406, Mazaya 04
406 is a one-bedroom apartment of 929 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 25 June 2015 for AED 665,000, or AED 716 per sqft, in line with the AED 704 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 5 August 2020, is AED 30,000 a year: a gross yield of 4.5% on the 2015 price, before the service charge of about AED 5,100 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the one-bed median of each year in the building.
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 406 sits
All 140 1-beds →406 last sold in June 2015 at AED 716 per sqft, in line with what one-beds in Mazaya 04 were fetching at the time (AED 704). 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. 406's AED 30,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 550 sqft | 305,000 | 554 | ||
| 24 Aug 202624 August 2026 | 833 sqft | 410,000 | 491 | ||
| 13 Aug 202613 August 2026 | 531 sqft | 300,000 | 565 | ||
| 19 Jul 202619 July 2026 | 547 sqft | 305,000 | 557 |
Mazaya 04
Building216 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%
Other units on the 4th floor
All 216 units in Mazaya 04| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 853 sqft | AED 185KAED 185,000 · Nov 2021November 2021 | 29,000 /yr | |
| 402 | 2-bed | 1,029 sqft | AED 377KAED 377,147 · Feb 2015February 2015 | 38,000 /yr | |
| 403 | 2-bed | 1,108 sqft | AED 473KAED 472,500 · Jul 2022July 2022 | 36,000 /yr | |
| 404 | 1-bed | 531 sqft | AED 300KAED 300,000 · Aug 2026August 2026 | 22,873 /yr | |
| 405 | 1-bed | 547 sqft | AED 460KAED 460,000 · Mar 2016March 2016 | 25,000 /yr | |
| 407 | 1-bed | 550 sqft | AED 392KAED 392,326 · Dec 2014December 2014 | 25,000 /yr | |
| 408 | 1-bed | 997 sqft | AED 800KAED 800,444 · Nov 2014November 2014 | 31,200 /yr | |
| 409 | 1-bed | 523 sqft | AED 366KAED 365,976 · Mar 2009March 2009 | 28,000 /yr | |
| 410 | 1-bed | 582 sqft | AED 410KAED 409,893 · Dec 2014December 2014 | 26,000 /yr | |
| 411 | 1-bed | 523 sqft | AED 366KAED 365,976 · Mar 2009March 2009 | 28,000 /yr | |
| 412 | 1-bed | 619 sqft | AED 270KAED 270,000 · Jan 2022January 2022 | 24,000 /yr | |
| 413 | 2-bed | 1,065 sqft | AED 440KAED 440,000 · Aug 2021August 2021 | 38,000 /yr | |
| 414 | 1-bed | 833 sqft | AED 472KAED 472,325 · Jan 2015January 2015 | 60,000 /yr | |
| 415 | 3-bed | 1,731 sqft | AED 605KAED 604,983 · Nov 2015November 2015 | 60,000 /yr | |
| 416 | 2-bed | 1,395 sqft | AED 541KAED 540,568 · Jun 2015June 2015 | 80,000 /yr | |
| 417 | 1-bed | 891 sqft | AED 336KAED 336,354 · Jul 2015July 2015 | 32,800 /yr | |
| 418 | 1-bed | 553 sqft | AED 426KAED 426,022 · Dec 2014December 2014 | 22,000 /yr | |
| 419 | 1-bed | 968 sqft | AED 362KAED 361,890 · Jan 2015January 2015 | 32,000 /yr |
406, Mazaya 04 in numbers
- Sold once: by Al Mazaya Real Estate on 25 June 2015 for AED 665,000, or AED 716 per sqft.
- Rented since July 2015 on 6 Ejari contracts, from AED 60,000 to AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2015 price is 4.5%, before a service charge of about AED 5,100 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 5 August 2020.
Questions about 406, Mazaya 04
What did unit 406 last sell for?
AED 665,000 on 25 June 2015, sold by the developer: AED 716 per sqft for 929 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 30,000 a year on the contract signed on 5 August 2020. The previous contract, from November 2019, was AED 35,000; the unit has been rented since July 2015.
How big is unit 406?
929 sqft (86.3 sqm): a one-bedroom apartment on the 4th floor of a 13-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. 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 406, Mazaya 04
Starts from the last sale price (AED 665K, 25 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 665,000
- Deposit, UAE resident (20%)
- AED 133,000
- Deposit, non-resident (40%)
- AED 266,000
- Monthly over 25 years at 3.7%
- AED 2,721
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →