Studio · 623 sqftMazaya 14, Liwan · 4th floor · completed 2016

410, 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.

Unit 410 · DLD and Ejari recordsUpdated 12 May 2024
Last soldAED 311K22 December 2016
Current rentAED 35K /yr12 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 410, Mazaya 14

What is 410 worth today?

Last sold for AED 311,350 in 2016

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12 May 2024RentedRenewal
AED 35,000/yr12 months · AED 56 per sqft
12 May 2023RentedNew contract
AED 33,000/yr12 months · AED 53 per sqft
5 Jan 2022RentedRenewal
AED 25,000/yr12 months · AED 40 per sqft
5 Jan 2021RentedRenewal
AED 25,000/yr12 months · AED 40 per sqft
1 Jan 2019RentedNew contract
AED 35,000/yr12 months · AED 56 per sqft
22 Dec 2016Sold by developerOff-plan
AED 311,350AED 500 per sqft

Source: Dubai Land Department. Updated 12 May 2024.

Key facts

Type
Studio apartment
Size
623 sqft
Floor
4th of 11
Parking
G-35
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 8,500 /yr
Last sold
AED 311K · December 2016
Building
Mazaya 14

About 410, Mazaya 14

410 is a studio of 623 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 22 December 2016 for AED 311,350, or AED 500 per sqft, in line with the AED 500 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 12 May 2024, is AED 35,000 a year: a gross yield of 11.2% on the 2016 price, before the service charge of about AED 8,500 a year.

Sales and rents for 410 over time

Rents
Unit 410, each contractTypical studio in Mazaya 14
20K30K40K2016201920222025Typical rent by year: 2016 AED 41,000; 2017 AED 40,000; 2018 AED 37,000; 2019 AED 32,000; 2020 AED 25,067; 2021 AED 23,000; 2022 AED 24,000; 2023 AED 30,000; 2024 AED 33,600; 2025 AED 36,500; 2026 AED 40,000New contract, January 2019: AED 35,000 a yearRenewal, January 2021: AED 25,000 a yearRenewal, January 2022: AED 25,000 a yearNew contract, May 2023: AED 33,000 a yearRenewal, May 2024: AED 35,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mazaya 14, and where 410 sits

All 22 studios →

410 last sold in December 2016 at AED 500 per sqft, in line with what studios in Mazaya 14 were fetching at the time (AED 500). 410's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Dec 2016259,305
22 Dec 2016259,305
22 Dec 2016311,350
22 Dec 2016259,305
0 studio sales in the last 12 months

Mazaya 14

Building

121 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 49K /yr
Typical yield
Mazaya 14, Liwan: prices, sales and rents →

Other units on the 4th floor

All 121 units in Mazaya 14
Value
4011-bedAED 450K · Dec 2016
4021-bedAED 515K · Dec 2016
4031-bedAED 402K · Dec 2016
4041-bedAED 480K · Dec 2016
4051-bedAED 421K · Dec 2016
4061-bedAED 429K · Dec 2016
407StudioAED 259K · Dec 2016
1–7 of 10

410, Mazaya 14 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 22 December 2016 for AED 311,350, or AED 500 per sqft.
  • Rented since January 2019 on 5 Ejari contracts. The rent fell from AED 35,000 to AED 25,000 in 2022 and recovered to AED 35,000 by May 2024.
  • At AED 35,000 a year the gross yield on the 2016 price is 11.2%, before a service charge of about AED 8,500 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 12 May 2024.

Questions about 410, Mazaya 14

What did unit 410 last sell for?

AED 311,350 on 22 December 2016, sold by the developer: AED 500 per sqft for 623 sqft. It is the only registered sale of the unit.

What is the rent for unit 410?

AED 35,000 a year on the contract renewed on 12 May 2024. The previous contract, from May 2023, was AED 33,000; the unit has been rented since January 2019.

How big is unit 410?

623 sqft (57.9 sqm): a studio on the 4th floor of a 11-storey tower completed in 2016.

What is unit 410 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 410, Mazaya 14

Starts from the last sale price (AED 311K, 22 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 311,350
Deposit, UAE resident (20%)
AED 62,270
Deposit, non-resident (40%)
AED 124,540
Monthly over 25 years at 3.7%
AED 1,274

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