1-bed · 771 sqftMazaya 12, Liwan · 4th floor · completed 2014

403, Mazaya 12

Sold prices and rental history: sold twice, last in November 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 18 September 2021
Last soldAED 650K19 November 2015
Current rentAED 24K /yr18 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Mazaya 12

What is 403 worth today?

Last sold for AED 650,000 in 2015

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18 Sep 2021RentedNew contract
AED 24,000/yr12 months · AED 31 per sqft
18 Sep 2019RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
30 Aug 2017RentedNew contract
AED 57,500/yr12 months · AED 74 per sqft
23 Jan 2017RentedNew contract
AED 66,000/yr12 months · AED 85 per sqft
5 Dec 2015RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
19 Nov 2015SoldReady
AED 650,000AED 843 per sqft
2 Feb 2009Sold by developerOff-plan
AED 587,600AED 762 per sqft

Source: Dubai Land Department. Updated 18 September 2021.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
4th of 6
Parking
G-01
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,500 /yr
Last sold
AED 650K · November 2015
Building
Mazaya 12

About 403, Mazaya 12

403 is a one-bedroom apartment of 771 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 19 November 2015 for AED 650,000, or AED 843 per sqft, 41% above the AED 600 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 18 September 2021, is AED 24,000 a year: a gross yield of 3.7% on the 2015 price, before the service charge of about AED 7,500 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Mazaya 12
400K600K2009201420192024Typical sale price by year: 2009 AED 587,600; 2014 AED 470,000; 2015 AED 450,000; 2016 AED 550,000; 2017 AED 492,087; 2022 AED 295,970; 2023 AED 381,500; 2024 AED 400,000; 2025 AED 467,500Sold by developer, February 2009: AED 587,600 (AED 762 per sqft)Sold, November 2015: AED 650,000 (AED 843 per sqft)

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

Rents
Unit 403, each contractTypical one-bed in Mazaya 12
20K40K60K20152018202120242027Typical rent by year: 2015 AED 54,000; 2016 AED 52,000; 2017 AED 49,000; 2018 AED 40,500; 2019 AED 35,000; 2020 AED 28,500; 2021 AED 26,000; 2022 AED 28,000; 2023 AED 32,890; 2024 AED 38,000; 2025 AED 41,250; 2026 AED 45,000New contract, December 2015: AED 60,000 a yearNew contract, January 2017: AED 66,000 a yearNew contract, August 2017: AED 57,500 a yearNew contract, September 2019: AED 36,000 a yearNew contract, September 2021: AED 24,000 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 12, and where 403 sits

All 60 1-beds →

403 last sold in November 2015 at AED 843 per sqft, 41% above what one-beds in Mazaya 12 were fetching at the time (AED 600). Over the last 12 months one-beds sold for AED 515,000 to 600,000, around AED 636 per sqft, and rent for AED 24,000 to 68,000 a year. 403's AED 24,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 May 2026515,000
24 Nov 2025600,000
9 Aug 2025600,000
21 Jul 2025500,000
2 1-bed sales 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
4022-bedAED 775K · Nov 2024
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

403, Mazaya 12 in numbers

  • Sold twice: first on 2 February 2009 for AED 587,600, last on 19 November 2015 for AED 650,000 (AED 843 per sqft).
  • Rented since December 2015 on 5 Ejari contracts, from AED 60,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2015 price is 3.7%, before a service charge of about AED 7,500 a year (AED 9.78 per sqft).
  • One-beds in Mazaya 12 sold for AED 515,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 712 per sqft.

Source: Dubai Land Department. Updated 18 September 2021.

Questions about 403, Mazaya 12

What did unit 403 last sell for?

AED 650,000 on 19 November 2015: AED 843 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 587,600 in February 2009.

What is the rent for unit 403?

AED 24,000 a year on the contract signed on 18 September 2021. The previous contract, from September 2019, was AED 36,000; the unit has been rented since December 2015.

How big is unit 403?

771 sqft (71.6 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 12 sold for AED 515,000 to 600,000 in the last 12 months, around AED 636 per sqft.

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Mortgage on 403, Mazaya 12

Starts from the last sale price (AED 650K, 19 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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