1-bed · 805 sqftMazaya 05, Liwan · 4th floor · completed 2018

405, Mazaya 05

Sold prices and rental history: sold once, by the developer in December 2019, and rented once, from January 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 6 January 2020
Last soldAED 610K12 December 2019
Current rentAED 38K /yr6 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Mazaya 05

What is 405 worth today?

Last sold for AED 610,000 in 2019

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6 Jan 2020RentedNew contract
AED 38,000/yr12 months · AED 47 per sqft
12 Dec 2019Sold by developerReady
AED 610,000AED 758 per sqft

Source: Dubai Land Department. Updated 6 January 2020.

Key facts

Type
1-bed apartment
Size
805 sqft
Floor
4th of 14
Parking
G-17
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2018
Service charge
AED 7,800 /yr
Last sold
AED 610K · December 2019
Building
Mazaya 05

About 405, Mazaya 05

405 is a one-bedroom apartment of 805 sqft on the 4th 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 12 December 2019 for AED 610,000, or AED 758 per sqft, 6% below the AED 806 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 January 2020. The current contract, signed on 6 January 2020, is AED 38,000 a year: a gross yield of 6.2% on the 2019 price, before the service charge of about AED 7,800 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, December 2019: AED 610,000 (AED 758 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in Mazaya 05
30K40K50K2018202120242027Typical 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, January 2020: AED 38,000 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 05, and where 405 sits

All 98 1-beds →

405 last sold in December 2019 at AED 758 per sqft, 6% below what one-beds in Mazaya 05 were fetching at the time (AED 806). 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. 405's AED 38,000 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 4th floor

All 154 units in Mazaya 05
Value
4011-bedAED 697K · Apr 2018
4022-bedAED 870K · Sep 2019
4032-bedAED 928K · Jun 2018
4041-bedAED 620K · Mar 2019
4061-bedAED 674K · Sep 2019
4071-bedAED 650K · May 2019
4082-bedAED 844K · May 2018
1–7 of 10

405, Mazaya 05 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 12 December 2019 for AED 610,000, or AED 758 per sqft.
  • Rented since January 2020 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2019 price is 6.2%, before a service charge of about AED 7,800 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 6 January 2020.

Questions about 405, Mazaya 05

What did unit 405 last sell for?

AED 610,000 on 12 December 2019, sold by the developer: AED 758 per sqft for 805 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 38,000 a year on the contract signed on 6 January 2020.

How big is unit 405?

805 sqft (74.8 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower completed in 2018.

What is unit 405 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 405, Mazaya 05

Starts from the last sale price (AED 610K, 12 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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