403, Mazaya 15
Sold prices and rental history: sold once, by the developer in April 2009, 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 403, Mazaya 15
What is 403 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 316 sqft
- Floor
- 4th of 10
- Parking
- G-80
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 3,000 /yr
- Last sold
- AED 816K · April 2009
- Building
- Mazaya 15
About 403, Mazaya 15
403 is a two-bedroom apartment of 316 sqft on the 4th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 26 April 2009 for AED 815,687, or AED 689 per sqft.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 48,000 a year: a gross yield of 5.9% on the 2009 price, before the service charge of about AED 3,000 a year.
Sales and rents for 403 over time
403 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 15, and where 403 sits
All 26 2-beds →Over the last 12 months two-beds sold for AED 860,000, around AED 743 per sqft, and rent for AED 47,000 to 80,000 a year. 403's AED 48,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Apr 202610 April 2026 | 1,157 sqft | 860,000 | 743 | ||
| 20 Oct 202520 October 2025 | 1,184 sqft | 860,000 | 726 | ||
| 18 Jun 202518 June 2025 | 1,157 sqft | 870,000 | 751 | ||
| 13 May 202513 May 2025 | 1,415 sqft | 1,080,000 | 763 |
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 | |
| 402 | 1-bed | 668 sqft | AED 285KAED 285,000 · May 2022May 2022 | 25,000 /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 |
403, Mazaya 15 in numbers
- Sold once: by Al Mazaya Real Estate on 26 April 2009 for AED 815,687, or AED 689 per sqft.
- Rented since July 2015 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 38,250 in 2022 and recovered to AED 48,000 by July 2024.
- At AED 48,000 a year the gross yield on the 2009 price is 5.9%, before a service charge of about AED 3,000 a year (AED 9.65 per sqft).
- Two-beds in Mazaya 15 sold for AED 860,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 737 per sqft.
Source: Dubai Land Department. Updated 1 July 2024.
Questions about 403, Mazaya 15
What did unit 403 last sell for?
AED 815,687 on 26 April 2009, sold by the developer: AED 689 per sqft for 316 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 48,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2024, was AED 48,000; the unit has been rented since July 2015.
How big is unit 403?
316 sqft (29.4 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2014.
What is unit 403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 15 sold for AED 860,000 to 860,000 in the last 12 months, around AED 743 per sqft.
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Mortgage on 403, Mazaya 15
Starts from the last sale price (AED 816K, 26 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 815,687
- Deposit, UAE resident (20%)
- AED 163,137
- Deposit, non-resident (40%)
- AED 326,275
- Monthly over 25 years at 3.7%
- AED 3,337
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →