2-bed · 1,065 sqftMazaya 04, Liwan · 4th floor · completed 2014

413, Mazaya 04

Sold prices and rental history: sold twice, last in August 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 22 November 2021
Last soldAED 440K15 August 2021
Current rentAED 38K /yr22 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Mazaya 04

What is 413 worth today?

Last sold for AED 440,000 in 2021

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22 Nov 2021RentedNew contract
AED 38,000/yr12 months · AED 36 per sqft
15 Aug 2021SoldReady
AED 440,000AED 413 per sqft
20 Aug 2020RentedRenewal
AED 40,000/yr12 months · AED 38 per sqft
20 Aug 2019RentedNew contract
AED 45,000/yr12 months · AED 42 per sqft
15 Apr 2018RentedNew contract
AED 58,000/yr12 months · AED 54 per sqft
1 Dec 2016RentedRenewal
AED 70,000/yr12 months · AED 66 per sqft
1 Dec 2015RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
1 Feb 2015RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 22 November 2021.

Key facts

Type
2-bed apartment
Size
1,065 sqft
Floor
4th of 13
Parking
B-62
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,800 /yr
Last sold
AED 440K · August 2021
Building
Mazaya 04

About 413, Mazaya 04

413 is a two-bedroom apartment of 1,065 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 15 August 2021 for AED 440,000, or AED 413 per sqft, in line with the AED 413 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 22 November 2021, is AED 38,000 a year: a gross yield of 8.6% on the 2021 price, before the service charge of about AED 5,800 a year.

Sales and rents for 413 over time

Sales
Unit 413, 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, March 2009: AED 756,838 (AED 710 per sqft)Sold, August 2021: AED 440,000 (AED 413 per sqft)

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

Rents
Unit 413, 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, February 2015: AED 70,000 a yearNew contract, December 2015: AED 70,000 a yearRenewal, December 2016: AED 70,000 a yearNew contract, April 2018: AED 58,000 a yearNew contract, August 2019: AED 45,000 a yearRenewal, August 2020: AED 40,000 a yearNew contract, November 2021: AED 38,000 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 413 sits

All 60 2-beds →

413 last sold in August 2021 at AED 413 per sqft, in line with what two-beds in Mazaya 04 were fetching at the time (AED 413). 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
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

413, Mazaya 04 in numbers

  • Sold twice: first on 24 March 2009 for AED 756,838, last on 15 August 2021 for AED 440,000 (AED 413 per sqft).
  • Rented since February 2015 on 7 Ejari contracts, from AED 70,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2021 price is 8.6%, before a service charge of about AED 5,800 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 22 November 2021.

Questions about 413, Mazaya 04

What did unit 413 last sell for?

AED 440,000 on 15 August 2021: AED 413 per sqft for 1,065 sqft. The unit has 2 registered sales; the first was AED 756,838 in March 2009.

What is the rent for unit 413?

AED 38,000 a year on the contract signed on 22 November 2021. The previous contract, from August 2020, was AED 40,000; the unit has been rented since February 2015.

How big is unit 413?

1,065 sqft (98.9 sqm): a two-bedroom apartment on the 4th floor of a 13-storey tower completed in 2014.

What is unit 413 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 413, Mazaya 04

Starts from the last sale price (AED 440K, 15 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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