1-bed · 619 sqftMazaya 04, Liwan · 4th floor · completed 2014

412, Mazaya 04

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 24 January 2022
Last soldAED 270K24 January 2022
Current rentAED 24K /yr15 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Mazaya 04

What is 412 worth today?

Last sold for AED 270,000 in 2022

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24 Jan 2022SoldReady
AED 270,000AED 436 per sqft
15 Jan 2021RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
2 Dec 2019RentedRenewal
AED 35,000/yr12 months · AED 56 per sqft
2 Dec 2018RentedRenewal
AED 45,000/yr12 months · AED 72 per sqft
1 Dec 2017RentedRenewal
AED 44,879/yr12 months · AED 72 per sqft
1 Dec 2016RentedRenewal
AED 45,000/yr12 months · AED 72 per sqft
1 Dec 2015RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
23 Mar 2009Sold by developerOff-plan
AED 432,950AED 699 per sqft

Source: Dubai Land Department. Updated 24 January 2022.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
4th of 13
Parking
G-107
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,400 /yr
Last sold
AED 270K · January 2022
Building
Mazaya 04

About 412, Mazaya 04

412 is a one-bedroom apartment of 619 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 24 January 2022 for AED 270,000, or AED 436 per sqft, 8% below the AED 476 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 15 January 2021, is AED 24,000 a year: a gross yield of 8.9% on the 2022 price, before the service charge of about AED 3,400 a year.

Sales and rents for 412 over time

Sales
Unit 412, each saleTypical one-bed in Mazaya 04
300K400K500K2009201420192024Typical 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, March 2009: AED 432,950 (AED 699 per sqft)Sold, January 2022: AED 270,000 (AED 436 per sqft)

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

Rents
Unit 412, 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, December 2015: AED 45,000 a yearRenewal, December 2016: AED 45,000 a yearRenewal, December 2017: AED 44,879 a yearRenewal, December 2018: AED 45,000 a yearRenewal, December 2019: AED 35,000 a yearNew contract, January 2021: AED 24,000 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 412 sits

All 140 1-beds →

412 last sold in January 2022 at AED 436 per sqft, 8% below what one-beds in Mazaya 04 were fetching at the time (AED 476). 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. 412's AED 24,000 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
4051-bedAED 460K · Mar 2016
4061-bedAED 665K · Jun 2015
4071-bedAED 392K · Dec 2014
1–7 of 18

412, Mazaya 04 in numbers

  • Sold twice: first on 23 March 2009 for AED 432,950, last on 24 January 2022 for AED 270,000 (AED 436 per sqft).
  • Rented since December 2015 on 6 Ejari contracts, from AED 45,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2022 price is 8.9%, before a service charge of about AED 3,400 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 24 January 2022.

Questions about 412, Mazaya 04

What did unit 412 last sell for?

AED 270,000 on 24 January 2022: AED 436 per sqft for 619 sqft. The unit has 2 registered sales; the first was AED 432,950 in March 2009.

What is the rent for unit 412?

AED 24,000 a year on the contract signed on 15 January 2021. The previous contract, from December 2019, was AED 35,000; the unit has been rented since December 2015.

How big is unit 412?

619 sqft (57.5 sqm): a one-bedroom apartment on the 4th floor of a 13-storey tower completed in 2014.

What is unit 412 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 412, Mazaya 04

Starts from the last sale price (AED 270K, 24 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 270,000
Deposit, UAE resident (20%)
AED 54,000
Deposit, non-resident (40%)
AED 108,000
Monthly over 25 years at 3.7%
AED 1,105

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