1-bed · 815 sqftMazaya 05, Liwan · 14th floor · completed 2018

1407, Mazaya 05

Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 661K10 July 2019
Current rentAED 19K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Mazaya 05

What is 1407 worth today?

Last sold for AED 660,937 in 2019

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1 Dec 2023RentedRenewal
AED 19,347/yr24 months · AED 24 per sqft
1 Dec 2023RentedRenewal
AED 19,347/yr24 months · AED 24 per sqft
1 Dec 2022RentedNew contract
AED 33,500/yr12 months · AED 41 per sqft
22 Nov 2021RentedNew contract
AED 30,000/yr12 months · AED 37 per sqft
1 Oct 2020RentedRenewal
AED 36,000/yr13 months · AED 44 per sqft
1 Sep 2019RentedNew contract
AED 42,000/yr13 months · AED 51 per sqft
10 Jul 2019Sold by developerReady
AED 660,937AED 810 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
14th of 14
Parking
G-111
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2018
Service charge
AED 7,900 /yr
Last sold
AED 661K · July 2019
Building
Mazaya 05

About 1407, Mazaya 05

1407 is a one-bedroom apartment of 815 sqft on the 14th floor of Mazaya 05, a 14-storey tower in Liwan completed in 2018 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 10 July 2019 for AED 660,937, or AED 810 per sqft, in line with the AED 799 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 19,347 a year: a gross yield of 2.9% on the 2019 price, before the service charge of about AED 7,900 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical one-bed in Mazaya 05
400K600K2017202020232026Typical sale price by year: 2017 AED 681,186; 2018 AED 654,776; 2019 AED 651,222; 2020 AED 668,700; 2021 AED 620,000; 2022 AED 425,000; 2023 AED 450,000; 2024 AED 602,500; 2025 AED 650,000; 2026 AED 665,000Sold by developer, July 2019: AED 660,937 (AED 810 per sqft)

1407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, each contractTypical one-bed in Mazaya 05
20K40K2018202120242027Typical rent by year: 2018 AED 49,000; 2019 AED 42,000; 2020 AED 36,000; 2021 AED 31,000; 2022 AED 33,000; 2023 AED 36,750; 2024 AED 41,690; 2025 AED 48,000; 2026 AED 50,000New contract, September 2019: AED 42,000 a yearRenewal, October 2020: AED 36,000 a yearNew contract, November 2021: AED 30,000 a yearNew contract, December 2022: AED 33,500 a yearRenewal, December 2023: AED 19,347 a yearRenewal, December 2023: AED 19,347 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 05, and where 1407 sits

All 98 1-beds →

1407 last sold in July 2019 at AED 810 per sqft, in line with what one-beds in Mazaya 05 were fetching at the time (AED 799). Over the last 12 months one-beds sold for AED 650,000 to 700,000, around AED 841 per sqft, and rent for AED 39,270 to 80,000 a year. 1407's AED 19,347 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Sep 2026700,000
27 Aug 2026670,000
26 Mar 2026650,000
12 Feb 2026660,000
5 1-bed sales in the last 12 months

Mazaya 05

Building

154 apartments, studios to 2-bed over 14 floors in Liwan, completed in 2018 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . 8 sold in the last 12 months.

Typical price per sqft
AED 842
Typical sale
AED 693K
Typical rent
AED 53K /yr
Typical yield
7.7%
Mazaya 05, Liwan: prices, sales and rents →

Other units on the 14th floor

All 154 units in Mazaya 05
Value
14011-bedAED 711K · Feb 2019
14022-bedAED 597K · Aug 2021
14032-bedAED 980K · Mar 2025
14041-bedAED 650K · May 2019
14051-bedAED 668K · Jul 2019
14061-bedAED 660K · Jul 2019
14082-bedAED 446K · Sep 2018
1–7 of 10

1407, Mazaya 05 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 10 July 2019 for AED 660,937, or AED 810 per sqft.
  • Rented since September 2019 on 6 Ejari contracts, from AED 42,000 to AED 19,347 a year.
  • At AED 19,347 a year the gross yield on the 2019 price is 2.9%, before a service charge of about AED 7,900 a year (AED 9.68 per sqft).
  • One-beds in Mazaya 05 sold for AED 650,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 842 per sqft.

Source: Dubai Land Department. Updated 1 December 2023.

Questions about 1407, Mazaya 05

What did unit 1407 last sell for?

AED 660,937 on 10 July 2019, sold by the developer: AED 810 per sqft for 815 sqft. It is the only registered sale of the unit.

What is the rent for unit 1407?

AED 19,347 a year on the contract renewed on 1 December 2023. The previous contract, from December 2023, was AED 19,347; the unit has been rented since September 2019.

How big is unit 1407?

815 sqft (75.7 sqm): a one-bedroom apartment on the 14th floor of a 14-storey tower completed in 2018.

What is unit 1407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 05 sold for AED 650,000 to 700,000 in the last 12 months, around AED 841 per sqft.

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Mortgage on 1407, Mazaya 05

Starts from the last sale price (AED 661K, 10 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 660,937
Deposit, UAE resident (20%)
AED 132,187
Deposit, non-resident (40%)
AED 264,375
Monthly over 25 years at 3.7%
AED 2,704

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