3-bed · 1,731 sqftMazaya 04, Liwan · 4th floor · completed 2014

415, Mazaya 04

Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 10 December 2021
Last soldAED 605K29 November 2015
Current rentAED 60K /yr10 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, Mazaya 04

What is 415 worth today?

Last sold for AED 604,983 in 2015

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10 Dec 2021RentedRenewal
AED 60,000/yr12 months · AED 35 per sqft
10 Dec 2020RentedNew contract
AED 57,000/yr12 months · AED 33 per sqft
10 Dec 2018RentedNew contract
AED 72,000/yr12 months · AED 42 per sqft
10 Sep 2017RentedNew contract
AED 100,000/yr12 months · AED 58 per sqft
29 Nov 2015Sold by developerReady
AED 604,983AED 349 per sqft
8 Feb 2015RentedNew contract
AED 105,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 10 December 2021.

Key facts

Type
3-bed apartment
Size
1,731 sqft
Floor
4th of 13
Parking
G-113
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,500 /yr
Last sold
AED 605K · November 2015
Building
Mazaya 04

About 415, Mazaya 04

415 is a three-bedroom apartment of 1,731 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 29 November 2015 for AED 604,983, or AED 349 per sqft, in line with the AED 354 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 10 December 2021, is AED 60,000 a year: a gross yield of 9.9% on the 2015 price, before the service charge of about AED 9,500 a year.

Sales and rents for 415 over time

Sales
Unit 415, each saleTypical three-bed in Mazaya 04
500K1M2009201120132015Typical sale price by year: 2009 AED 1,218,797; 2015 AED 609,399Sold by developer, November 2015: AED 604,983 (AED 349 per sqft)

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

Rents
Unit 415, each contractTypical three-bed in Mazaya 04
50K75K100K2015201720192021Typical rent by year: 2015 AED 105,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 79,000; 2019 AED 69,000; 2020 AED 60,000; 2021 AED 52,000New contract, February 2015: AED 105,000 a yearNew contract, September 2017: AED 100,000 a yearNew contract, December 2018: AED 72,000 a yearNew contract, December 2020: AED 57,000 a yearRenewal, December 2021: AED 60,000 a year

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

3-beds in Mazaya 04, and where 415 sits

All 16 3-beds →

415 last sold in November 2015 at AED 349 per sqft, in line with what three-beds in Mazaya 04 were fetching at the time (AED 354). Over the last 12 months three-beds sold for AED 870,000, around AED 514 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Jul 2026870,000
13 May 2022790,000
9 Feb 2022680,000
3 Jan 2021720,000
1 3-bed sale 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

415, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 29 November 2015 for AED 604,983, or AED 349 per sqft.
  • Rented since February 2015 on 5 Ejari contracts, from AED 105,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 9.9%, before a service charge of about AED 9,500 a year (AED 5.49 per sqft).
  • Three-beds in Mazaya 04 sold for AED 870,000–870,000 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 10 December 2021.

Questions about 415, Mazaya 04

What did unit 415 last sell for?

AED 604,983 on 29 November 2015, sold by the developer: AED 349 per sqft for 1,731 sqft. It is the only registered sale of the unit.

What is the rent for unit 415?

AED 60,000 a year on the contract renewed on 10 December 2021. The previous contract, from December 2020, was AED 57,000; the unit has been rented since February 2015.

How big is unit 415?

1,731 sqft (160.8 sqm): a three-bedroom apartment on the 4th floor of a 13-storey tower completed in 2014.

What is unit 415 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 04 sold for AED 870,000 to 870,000 in the last 12 months, around AED 514 per sqft.

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Mortgage on 415, Mazaya 04

Starts from the last sale price (AED 605K, 29 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 604,983
Deposit, UAE resident (20%)
AED 120,997
Deposit, non-resident (40%)
AED 241,993
Monthly over 25 years at 3.7%
AED 2,475

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