2-bed · 1,217 sqftMazaya 12, Liwan · 4th floor · completed 2014

402, Mazaya 12

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 23 March 2026
Last soldAED 775K8 November 2024
Current rentAED 66K /yr23 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Mazaya 12

What is 402 worth today?

Last sold for AED 775,000 in 2024

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23 Mar 2026RentedNew contract
AED 66,000/yr12 months · AED 54 per sqft
23 Mar 2025RentedNew contract
AED 66,000/yr12 months · AED 54 per sqft
23 Mar 2025RentedNew contract
AED 66,000/yr12 months · AED 54 per sqft
8 Nov 2024SoldReady
AED 775,000AED 636 per sqft
28 Sep 2024RentedNew contract
AED 75,000/yr12 months · AED 62 per sqft
26 Aug 2024SoldReady
AED 593,760AED 488 per sqft
23 Mar 2024RentedNew contract
AED 66,000/yr12 months · AED 54 per sqft
1 Apr 2018RentedRenewal
AED 67,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 23 March 2026.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
4th of 6
Parking
B-25
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,900 /yr
Last sold
AED 775K · November 2024
Building
Mazaya 12

About 402, Mazaya 12

402 is a two-bedroom apartment of 1,217 sqft on the 4th floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 8 November 2024 for AED 775,000, or AED 636 per sqft, 30% above the AED 488 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 23 March 2026, is AED 66,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 11,900 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Mazaya 12
400K600K800K2009201420192024Typical sale price by year: 2009 AED 777,695; 2014 AED 742,552; 2015 AED 729,990; 2016 AED 767,500; 2019 AED 600,000; 2024 AED 599,380Sold by developer, May 2015: AED 434,683 (AED 357 per sqft)Sold, August 2024: AED 593,760 (AED 488 per sqft)Sold, November 2024: AED 775,000 (AED 636 per sqft)

402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 402, each contractTypical two-bed in Mazaya 12
40K60K80K20152018202120242027Typical rent by year: 2015 AED 72,000; 2016 AED 71,000; 2017 AED 66,820; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 35,500; 2022 AED 38,500; 2023 AED 48,070; 2024 AED 55,500; 2025 AED 58,000; 2026 AED 63,000New contract, April 2016: AED 72,000 a yearNew contract, April 2017: AED 72,000 a yearRenewal, April 2018: AED 67,000 a yearNew contract, March 2024: AED 66,000 a yearNew contract, September 2024: AED 75,000 a yearNew contract, March 2025: AED 66,000 a yearNew contract, March 2025: AED 66,000 a yearNew contract, March 2026: AED 66,000 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 12, and where 402 sits

All 30 2-beds →

402 last sold in November 2024 at AED 636 per sqft, 30% above what two-beds in Mazaya 12 were fetching at the time (AED 488). Over the last 12 months two-beds sold for AED 800,000, around AED 755 per sqft, and rent for AED 55,650 to 80,000 a year. 402's AED 66,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 2026800,000
22 Nov 2024680,000
9 Sep 2024593,760
26 Jun 2024590,000
1 2-bed sale in the last 12 months

Mazaya 12

Building

96 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 712
Typical sale
AED 700K
Typical rent
AED 50K /yr
Typical yield
8.6%
Mazaya 12, Liwan: prices, sales and rents →

Other units on the 4th floor

All 96 units in Mazaya 12
Value
4012-bedAED 693K · Dec 2014
4031-bedAED 650K · Nov 2015
4041-bedAED 380K · Jun 2019
4052-bedAED 886K · Mar 2015
4062-bedAED 525K · Jul 2019
4071-bedAED 355K · Jan 2024
4081-bedAED 600K · Aug 2025
1–7 of 15

402, Mazaya 12 in numbers

  • Sold 3 times: first on 19 May 2015 for AED 434,683, last on 8 November 2024 for AED 775,000 (AED 636 per sqft).
  • Rented since April 2016 on 8 Ejari contracts, from AED 72,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 11,900 a year (AED 9.78 per sqft).
  • Two-beds in Mazaya 12 sold for AED 800,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 712 per sqft.

Source: Dubai Land Department. Updated 23 March 2026.

Questions about 402, Mazaya 12

What did unit 402 last sell for?

AED 775,000 on 8 November 2024: AED 636 per sqft for 1,217 sqft. The unit has 3 registered sales; the first was AED 434,683 in May 2015.

What is the rent for unit 402?

AED 66,000 a year on the contract signed on 23 March 2026. The previous contract, from March 2025, was AED 66,000; the unit has been rented since April 2016.

How big is unit 402?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 12 sold for AED 800,000 to 800,000 in the last 12 months, around AED 755 per sqft.

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Mortgage on 402, Mazaya 12

Starts from the last sale price (AED 775K, 8 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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