1-bed · 844 sqftMazaya 15, Liwan · 4th floor · completed 2014

404, Mazaya 15

Sold prices and rental history: sold once, by the developer in July 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 401K4 July 2023
Current rentAED 41K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Mazaya 15

What is 404 worth today?

Last sold for AED 400,750 in 2023

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25 Sep 2025RentedRenewal
AED 40,910/yr12 months · AED 48 per sqft
25 Sep 2024RentedNew contract
AED 38,962/yr12 months · AED 46 per sqft
25 Sep 2024RentedNew contract
AED 38,962/yr12 months · AED 46 per sqft
4 Jul 2023Sold by developerReady
AED 400,750AED 474 per sqft
25 Sep 2021RentedNew contract
AED 28,000/yr12 months · AED 33 per sqft
19 Sep 2020RentedRenewal
AED 30,000/yr12 months · AED 36 per sqft
19 Sep 2019RentedNew contract
AED 35,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 25 September 2025.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
4th of 10
Parking
G-06
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,100 /yr
Last sold
AED 401K · July 2023
Building
Mazaya 15

About 404, Mazaya 15

404 is a one-bedroom apartment of 844 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 4 July 2023 for AED 400,750, or AED 474 per sqft, in line with the AED 464 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 25 September 2025, is AED 40,910 a year: a gross yield of 10.2% on the 2023 price, before the service charge of about AED 8,100 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, July 2023: AED 400,750 (AED 474 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Mazaya 15
40K20152018202120242027Typical 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, September 2019: AED 35,000 a yearRenewal, September 2020: AED 30,000 a yearNew contract, September 2021: AED 28,000 a yearNew contract, September 2024: AED 38,962 a yearNew contract, September 2024: AED 38,962 a yearRenewal, September 2025: AED 40,910 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 404 sits

All 48 1-beds →

404 last sold in July 2023 at AED 474 per sqft, in line with what one-beds in Mazaya 15 were fetching at the time (AED 464). 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. 404's AED 40,910 is in the lower half 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
4011-bedAED 318K · Sep 2022
4021-bedAED 285K · May 2022
4032-bedAED 816K · Apr 2009
4051-bedAED 510K · Nov 2015
4061-bedAED 525K · Mar 2025
4071-bedAED 300K · Oct 2021
4081-bedAED 620K · Oct 2026
1–7 of 9

404, Mazaya 15 in numbers

  • Sold once: by Al Mazaya Real Estate on 4 July 2023 for AED 400,750, or AED 474 per sqft.
  • Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 28,000 in 2021 and recovered to AED 40,910 by September 2025.
  • At AED 40,910 a year the gross yield on the 2023 price is 10.2%, before a service charge of about AED 8,100 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 25 September 2025.

Questions about 404, Mazaya 15

What did unit 404 last sell for?

AED 400,750 on 4 July 2023, sold by the developer: AED 474 per sqft for 844 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 40,910 a year on the contract renewed on 25 September 2025. The previous contract, from September 2024, was AED 38,962; the unit has been rented since September 2019.

How big is unit 404?

844 sqft (78.4 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2014.

What is unit 404 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 404, Mazaya 15

Starts from the last sale price (AED 401K, 4 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,750
Deposit, UAE resident (20%)
AED 80,150
Deposit, non-resident (40%)
AED 160,300
Monthly over 25 years at 3.7%
AED 1,640

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