2-bed · 945 sqftMazaya 11, Liwan · 4th floor · completed 2016

401, Mazaya 11

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 500K5 August 2022
Current rentAED 40K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Mazaya 11

What is 401 worth today?

Last sold for AED 500,000 in 2022

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1 Oct 2022RentedNew contract
AED 40,000/yr12 months · AED 42 per sqft
5 Aug 2022Sold by developerReady
AED 500,000AED 529 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
2-bed apartment
Size
945 sqft
Floor
4th of 6
Parking
G-24
Developer
Al Mazaya Real Estate
Completed
2016
Service charge
AED 12,100 /yr
Last sold
AED 500K · August 2022
Building
Mazaya 11

About 401, Mazaya 11

401 is a two-bedroom apartment of 945 sqft on the 4th floor of Mazaya 11, a 6-storey tower in Liwan completed in 2016 by Al Mazaya Real Estate. The developer sold it on 5 August 2022 for AED 500,000, or AED 529 per sqft.

One Ejari contract is registered, from 1 October 2022. The current contract, signed on 1 October 2022, is AED 40,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 12,100 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Mazaya 11
500K1M20092013201720212025Typical sale price by year: 2009 AED 743,657; 2016 AED 822,726; 2022 AED 650,000; 2024 AED 1,330,741Sold by developer, August 2022: AED 500,000 (AED 529 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in Mazaya 11
40K60K80K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 60,000; 2019 AED 52,000; 2020 AED 43,000; 2021 AED 45,000; 2022 AED 40,000; 2023 AED 45,500; 2024 AED 54,800; 2025 AED 74,250; 2026 AED 67,500New contract, October 2022: AED 40,000 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 11, and where 401 sits

All 16 2-beds →

Over the last 12 months two-beds sold for AED 815,000, around AED 789 per sqft, and rent for AED 60,000 to 89,250 a year. 401's AED 40,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 2026815,000
13 Jun 20251,100,000
23 Sep 2024500,000
22 Jan 20241,330,741
1 2-bed sale in the last 12 months

Mazaya 11

Building

56 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2016 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 778
Typical sale
AED 643K
Typical rent
AED 50K /yr
Typical yield
8.8%
Mazaya 11, Liwan: prices, sales and rents →

Other units on the 4th floor

All 56 units in Mazaya 11
Value
4022-bedAED 815K · Oct 2026
4032-bedAED 400K · Apr 2019
4042-bedAED 1.33M · Jan 2024
4052-bedAED 843K · Jun 2018
4063-bedAED 1.23M · Oct 2017

401, Mazaya 11 in numbers

  • Sold once: by Al Mazaya Real Estate on 5 August 2022 for AED 500,000, or AED 529 per sqft.
  • Rented since October 2022 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 8.0%, before a service charge of about AED 12,100 a year (AED 12.80 per sqft).
  • Two-beds in Mazaya 11 sold for AED 815,000–815,000 in the 12 months to November 2026; the building's median across all types is AED 778 per sqft.

Source: Dubai Land Department. Updated 1 October 2022.

Questions about 401, Mazaya 11

What did unit 401 last sell for?

AED 500,000 on 5 August 2022, sold by the developer: AED 529 per sqft for 945 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 40,000 a year on the contract signed on 1 October 2022.

How big is unit 401?

945 sqft (87.8 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2016.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 11 sold for AED 815,000 to 815,000 in the last 12 months, around AED 789 per sqft.

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Mortgage on 401, Mazaya 11

Starts from the last sale price (AED 500K, 5 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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