2-bed · 1,395 sqftMazaya 04, Liwan · 4th floor · completed 2014

416, Mazaya 04

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

Unit 416 · DLD and Ejari recordsUpdated 1 July 2015
Last soldAED 541K16 June 2015
Current rentAED 80K /yr1 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Mazaya 04

What is 416 worth today?

Last sold for AED 540,568 in 2015

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1 Jul 2015RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
16 Jun 2015Sold by developerReady
AED 540,568AED 387 per sqft

Source: Dubai Land Department. Updated 1 July 2015.

Key facts

Type
2-bed apartment
Size
1,395 sqft
Floor
4th of 13
Parking
B-60
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,700 /yr
Last sold
AED 541K · June 2015
Building
Mazaya 04

About 416, Mazaya 04

416 is a two-bedroom apartment of 1,395 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 16 June 2015 for AED 540,568, or AED 387 per sqft, in line with the AED 388 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2015. The current contract, signed on 1 July 2015, is AED 80,000 a year: a gross yield of 14.8% on the 2015 price, before the service charge of about AED 7,700 a year.

Sales and rents for 416 over time

Sales
Unit 416, 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, June 2015: AED 540,568 (AED 387 per sqft)

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

Rents
Unit 416, 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, July 2015: AED 80,000 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 416 sits

All 60 2-beds →

416 last sold in June 2015 at AED 387 per sqft, in line with what two-beds in Mazaya 04 were fetching at the time (AED 388). 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

416, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 16 June 2015 for AED 540,568, or AED 387 per sqft.
  • Rented since July 2015 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2015 price is 14.8%, before a service charge of about AED 7,700 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 1 July 2015.

Questions about 416, Mazaya 04

What did unit 416 last sell for?

AED 540,568 on 16 June 2015, sold by the developer: AED 387 per sqft for 1,395 sqft. It is the only registered sale of the unit.

What is the rent for unit 416?

AED 80,000 a year on the contract signed on 1 July 2015.

How big is unit 416?

1,395 sqft (129.6 sqm): a two-bedroom apartment on the 4th floor of a 13-storey tower completed in 2014.

What is unit 416 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 416, Mazaya 04

Starts from the last sale price (AED 541K, 16 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 540,568
Deposit, UAE resident (20%)
AED 108,114
Deposit, non-resident (40%)
AED 216,227
Monthly over 25 years at 3.7%
AED 2,212

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