402, Mazaya 14
Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Mazaya 14
What is 402 worth today?
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Source: Dubai Land Department. Updated 10 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,029 sqft
- Floor
- 4th of 11
- Parking
- G-113
- Developer
- Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
- Completed
- 2016
- Service charge
- AED 14,000 /yr
- Last sold
- AED 515K · December 2016
- Building
- Mazaya 14
About 402, Mazaya 14
402 is a one-bedroom apartment of 1,029 sqft on the 4th floor of Mazaya 14, a 11-storey tower in Liwan completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 21 December 2016 for AED 514,735, or AED 500 per sqft, in line with the AED 500 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 10 February 2024, is AED 42,250 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 14,000 a year.
Sales and rents for 402 over time
402 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 14, and where 402 sits
All 77 1-beds →402 last sold in December 2016 at AED 500 per sqft, in line with what one-beds in Mazaya 14 were fetching at the time (AED 500). 402's AED 42,250 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jan 201717 January 2017 | 1,029 sqft | 514,735 | 500 | ||
| 16 Jan 201716 January 2017 | 898 sqft | 449,235 | 500 | ||
| 15 Jan 201715 January 2017 | 858 sqft | 429,055 | 500 | ||
| 15 Jan 201715 January 2017 | 899 sqft | 449,665 | 500 |
Mazaya 14
Building121 apartments, studios to 2-bed over 11 floors in Liwan, completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 48K /yr
- Typical yield
Other units on the 4th floor
All 121 units in Mazaya 14| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 899 sqft | AED 450KAED 449,665 · Dec 2016December 2016 | 50,000 /yr | |
| 403 | 1-bed | 804 sqft | AED 402KAED 401,765 · Dec 2016December 2016 | 56,000 /yr | |
| 404 | 1-bed | 961 sqft | AED 480KAED 480,345 · Dec 2016December 2016 | 58,000 /yr | |
| 405 | 1-bed | 842 sqft | AED 421KAED 421,035 · Dec 2016December 2016 | 42,000 /yr | |
| 406 | 1-bed | 858 sqft | AED 429KAED 429,055 · Dec 2016December 2016 | 60,000 /yr | |
| 407 | Studio | 519 sqft | AED 259KAED 259,305 · Dec 2016December 2016 | 41,000 /yr | |
| 408 | 2-bed | 1,295 sqft | AED 648KAED 647,510 · Dec 2016December 2016 | 70,000 /yr | |
| 409 | 2-bed | 1,342 sqft | AED 671KAED 670,760 · Dec 2016December 2016 | 31,000 /yr | |
| 410 | Studio | 623 sqft | AED 311KAED 311,350 · Dec 2016December 2016 | 35,000 /yr | |
| 411 | 1-bed | 898 sqft | AED 449KAED 449,235 · Jan 2017January 2017 | 45,000 /yr |
402, Mazaya 14 in numbers
- Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 21 December 2016 for AED 514,735, or AED 500 per sqft.
- Rented since April 2019 on 7 Ejari contracts. The rent fell from AED 44,000 to AED 35,000 in 2021 and recovered to AED 42,250 by February 2024.
- At AED 42,250 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 14,000 a year (AED 13.60 per sqft).
Source: Dubai Land Department. Updated 10 February 2024.
Questions about 402, Mazaya 14
What did unit 402 last sell for?
AED 514,735 on 21 December 2016, sold by the developer: AED 500 per sqft for 1,029 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 42,250 a year on the contract renewed on 10 February 2024. The previous contract, from February 2024, was AED 42,250; the unit has been rented since April 2019.
How big is unit 402?
1,029 sqft (95.6 sqm): a one-bedroom apartment on the 4th floor of a 11-storey tower completed in 2016.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 402, Mazaya 14
Starts from the last sale price (AED 515K, 21 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 514,735
- Deposit, UAE resident (20%)
- AED 102,947
- Deposit, non-resident (40%)
- AED 205,894
- Monthly over 25 years at 3.7%
- AED 2,106
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →