1-bed · 728 sqftMazaya 15, Liwan · 4th floor · completed 2014

401, Mazaya 15

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 21 September 2022
Last soldAED 318K21 September 2022
Current rentAED 25K /yr4 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Mazaya 15

What is 401 worth today?

Last sold for AED 317,500 in 2022

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21 Sep 2022SoldReady
AED 317,500AED 435 per sqft
4 Nov 2021RentedNew contract
AED 25,000/yr12 months · AED 34 per sqft
4 Nov 2020RentedNew contract
AED 25,000/yr12 months · AED 34 per sqft
15 Aug 2019RentedNew contract
AED 34,000/yr12 months · AED 46 per sqft
2 Oct 2018RentedRenewal
AED 44,000/yr12 months · AED 60 per sqft
17 Dec 2015RentedNew contract
AED 52,000/yr12 months · AED 71 per sqft
26 Apr 2009Sold by developerOff-plan
AED 533,091AED 731 per sqft

Source: Dubai Land Department. Updated 21 September 2022.

Key facts

Type
1-bed apartment
Size
728 sqft
Floor
4th of 10
Parking
G-37
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,000 /yr
Last sold
AED 318K · September 2022
Building
Mazaya 15

About 401, Mazaya 15

401 is a one-bedroom apartment of 728 sqft on the 4th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 21 September 2022 for AED 317,500, or AED 435 per sqft, in line with the AED 429 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 4 November 2021, is AED 25,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 7,000 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Mazaya 15
400K600K2009201420192024Typical sale price by year: 2009 AED 531,221; 2013 AED 374,500; 2015 AED 332,286; 2016 AED 564,292; 2017 AED 530,000; 2018 AED 565,000; 2022 AED 317,500; 2023 AED 387,000; 2024 AED 442,500; 2025 AED 537,500; 2026 AED 585,000Sold by developer, April 2009: AED 533,091 (AED 731 per sqft)Sold, September 2022: AED 317,500 (AED 435 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Mazaya 15
20K40K20152018202120242027Typical rent by year: 2015 AED 53,000; 2016 AED 51,500; 2017 AED 46,000; 2018 AED 41,500; 2019 AED 35,000; 2020 AED 29,918; 2021 AED 25,600; 2022 AED 28,875; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 46,000; 2026 AED 50,000New contract, December 2015: AED 52,000 a yearRenewal, October 2018: AED 44,000 a yearNew contract, August 2019: AED 34,000 a yearNew contract, November 2020: AED 25,000 a yearNew contract, November 2021: AED 25,000 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 15, and where 401 sits

All 48 1-beds →

401 last sold in September 2022 at AED 435 per sqft, in line with what one-beds in Mazaya 15 were fetching at the time (AED 429). Over the last 12 months one-beds sold for AED 495,000 to 655,979, around AED 730 per sqft, and rent for AED 38,808 to 56,000 a year. 401's AED 25,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 2026620,000
8 Jun 2026495,000
15 Apr 2026550,000
6 Jan 2026655,979
4 1-bed sales in the last 12 months

Mazaya 15

Building

82 apartments, 1-bed to 3-bed over 10 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 6 sold in the last 12 months.

Typical price per sqft
AED 737
Typical sale
AED 638K
Typical rent
AED 52K /yr
Typical yield
8.8%
Mazaya 15, Liwan: prices, sales and rents →

Other units on the 4th floor

All 82 units in Mazaya 15
Value
4021-bedAED 285K · May 2022
4032-bedAED 816K · Apr 2009
4041-bedAED 401K · Jul 2023
4051-bedAED 510K · Nov 2015
4061-bedAED 525K · Mar 2025
4071-bedAED 300K · Oct 2021
4081-bedAED 620K · Oct 2026
1–7 of 9

401, Mazaya 15 in numbers

  • Sold twice: first on 26 April 2009 for AED 533,091, last on 21 September 2022 for AED 317,500 (AED 435 per sqft).
  • Rented since December 2015 on 5 Ejari contracts, from AED 52,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 7,000 a year (AED 9.65 per sqft).
  • One-beds in Mazaya 15 sold for AED 495,000–655,979 in the 12 months to November 2026; the building's median across all types is AED 737 per sqft.

Source: Dubai Land Department. Updated 21 September 2022.

Questions about 401, Mazaya 15

What did unit 401 last sell for?

AED 317,500 on 21 September 2022: AED 435 per sqft for 728 sqft. The unit has 2 registered sales; the first was AED 533,091 in April 2009.

What is the rent for unit 401?

AED 25,000 a year on the contract signed on 4 November 2021. The previous contract, from November 2020, was AED 25,000; the unit has been rented since December 2015.

How big is unit 401?

728 sqft (67.6 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2014.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 15 sold for AED 495,000 to 655,979 in the last 12 months, around AED 730 per sqft.

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Mortgage on 401, Mazaya 15

Starts from the last sale price (AED 318K, 21 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 317,500
Deposit, UAE resident (20%)
AED 63,500
Deposit, non-resident (40%)
AED 127,000
Monthly over 25 years at 3.7%
AED 1,299

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