402, Mazaya 15
Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Mazaya 15
What is 402 worth today?
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Source: Dubai Land Department. Updated 20 May 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 668 sqft
- Floor
- 4th of 10
- Parking
- G-26
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 6,400 /yr
- Last sold
- AED 285K · May 2022
- Building
- Mazaya 15
About 402, Mazaya 15
402 is a one-bedroom apartment of 668 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 20 May 2022 for AED 285,000, or AED 426 per sqft, in line with the AED 426 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 20 March 2021, is AED 25,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 6,400 a year.
Sales and rents for 402 over time
402 has sold 3 times; 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 15, and where 402 sits
All 48 1-beds →402 last sold in May 2022 at AED 426 per sqft, in line with what one-beds in Mazaya 15 were fetching at the time (AED 426). 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. 402's AED 25,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 834 sqft | 620,000 | 743 | ||
| 8 Jun 20268 June 2026 | 668 sqft | 495,000 | 740 | ||
| 15 Apr 202615 April 2026 | 765 sqft | 550,000 | 719 | ||
| 6 Jan 20266 January 2026 | 1,143 sqft | 655,979 | 573 |
Mazaya 15
Building82 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%
Other units on the 4th floor
All 82 units in Mazaya 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 728 sqft | AED 318KAED 317,500 · Sep 2022September 2022 | 25,000 /yr | |
| 403 | 2-bed | 316 sqft | AED 816KAED 815,687 · Apr 2009April 2009 | 48,000 /yr | |
| 404 | 1-bed | 844 sqft | AED 401KAED 400,750 · Jul 2023July 2023 | 40,910 /yr | |
| 405 | 1-bed | 698 sqft | AED 510KAED 510,000 · Nov 2015November 2015 | 44,000 /yr | |
| 406 | 1-bed | 718 sqft | AED 525KAED 525,000 · Mar 2025March 2025 | 48,000 /yr | |
| 407 | 1-bed | 698 sqft | AED 300KAED 300,000 · Oct 2021October 2021 | 48,000 /yr | |
| 408 | 1-bed | 834 sqft | AED 620KAED 620,000 · Oct 2026October 2026 | 350,000 /yr | |
| 409 | 2-bed | 1,146 sqft | AED 816KAED 815,687 · Apr 2009April 2009 | 55,650 /yr | |
| 410 | 1-bed | 725 sqft | AED 498KAED 498,000 · Oct 2015October 2015 | 29,000 /yr |
402, Mazaya 15 in numbers
- Sold 3 times: first on 26 April 2009 for AED 453,444, last on 20 May 2022 for AED 285,000 (AED 426 per sqft).
- Rented since October 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 8.8%, before a service charge of about AED 6,400 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 20 May 2022.
Questions about 402, Mazaya 15
What did unit 402 last sell for?
AED 285,000 on 20 May 2022: AED 426 per sqft for 668 sqft. The unit has 3 registered sales; the first was AED 453,444 in April 2009.
What is the rent for unit 402?
AED 25,000 a year on the contract renewed on 20 March 2021. The previous contract, from March 2020, was AED 27,000; the unit has been rented since October 2015.
How big is unit 402?
668 sqft (62.1 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2014.
What is unit 402 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 402, Mazaya 15
Starts from the last sale price (AED 285K, 20 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 285,000
- Deposit, UAE resident (20%)
- AED 57,000
- Deposit, non-resident (40%)
- AED 114,000
- Monthly over 25 years at 3.7%
- AED 1,166
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →