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2-bed · 1,052 sqftMazaya 12, Liwan · 4th floor · completed 2014

406, Mazaya 12

Sold prices and rental history: sold twice, last in July 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 31 July 2019
Last soldAED 525K31 July 2019
Current rentAED 64K /yr25 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Mazaya 12

What is 406 worth today?

Last sold for AED 525,000 in 2019

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31 Jul 2019SoldReady
AED 525,000AED 498 per sqft
25 Mar 2017RentedRenewal
AED 63,632/yr12 months · AED 60 per sqft
25 Mar 2016RentedNew contract
AED 65,000/yr12 months · AED 62 per sqft
18 Jun 2015Sold by developerReady
AED 386,982AED 367 per sqft
12 Mar 2015RentedNew contract
AED 75,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 31 July 2019.

Key facts

Type
2-bed apartment
Size
1,052 sqft
Floor
4th of 6
Parking
B-17
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 10,300 /yr
Last sold
AED 525K · July 2019
Building
Mazaya 12

About 406, Mazaya 12

406 is a two-bedroom apartment of 1,052 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 31 July 2019 for AED 525,000, or AED 498 per sqft.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 25 March 2017, is AED 63,632 a year: a gross yield of 12.1% on the 2019 price, before the service charge of about AED 10,300 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Mazaya 12
400K600K800K20092013201720212025Typical 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, June 2015: AED 386,982 (AED 367 per sqft)Sold, July 2019: AED 525,000 (AED 498 per sqft)

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

Rents
Unit 406, 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, March 2015: AED 75,000 a yearNew contract, March 2016: AED 65,000 a yearRenewal, March 2017: AED 63,632 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 406 sits

All 30 2-beds →

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. 406's AED 63,632 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 2026800,000
22 Nov 2024680,000
8 Nov 2024775,000
9 Sep 2024593,760
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
4022-bedAED 775K · Nov 2024
4031-bedAED 650K · Nov 2015
4041-bedAED 380K · Jun 2019
4052-bedAED 886K · Mar 2015
4071-bedAED 355K · Jan 2024
4081-bedAED 600K · Aug 2025
1–7 of 15

406, Mazaya 12 in numbers

  • Sold twice: first on 18 June 2015 for AED 386,982, last on 31 July 2019 for AED 525,000 (AED 498 per sqft).
  • Rented since March 2015 on 3 Ejari contracts, from AED 75,000 to AED 63,632 a year.
  • At AED 63,632 a year the gross yield on the 2019 price is 12.1%, before a service charge of about AED 10,300 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 31 July 2019.

Questions about 406, Mazaya 12

What did unit 406 last sell for?

AED 525,000 on 31 July 2019: AED 498 per sqft for 1,052 sqft. The unit has 2 registered sales; the first was AED 386,982 in June 2015.

What is the rent for unit 406?

AED 63,632 a year on the contract renewed on 25 March 2017. The previous contract, from March 2016, was AED 65,000; the unit has been rented since March 2015.

How big is unit 406?

1,052 sqft (97.7 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 406 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 406, Mazaya 12

Starts from the last sale price (AED 525K, 31 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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