1-bed · 718 sqftMazaya 15, Liwan · 4th floor · completed 2014

406, Mazaya 15

Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 525K24 March 2025
Current rentAED 48K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Mazaya 15

What is 406 worth today?

Last sold for AED 525,000 in 2025

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1 Nov 2026RentedNew contract
AED 48,000/yr12 months · AED 67 per sqft
22 Mar 2026RentedRenewal
AED 55,000/yr12 months · AED 76 per sqft
24 Mar 2025SoldReady
AED 525,000AED 731 per sqft
22 Mar 2025RentedNew contract
AED 34,385/yr12 months · AED 48 per sqft
22 Mar 2025RentedNew contract
AED 34,385/yr12 months · AED 48 per sqft
23 Dec 2024SoldReady
AED 415,000AED 578 per sqft
22 Mar 2024RentedRenewal
AED 29,900/yr12 months · AED 42 per sqft
23 Mar 2023RentedNew contract
AED 26,075/yr12 months · AED 36 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
718 sqft
Floor
4th of 10
Parking
G-31
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 525K · March 2025
Building
Mazaya 15

About 406, Mazaya 15

406 is a one-bedroom apartment of 718 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 24 March 2025 for AED 525,000, or AED 731 per sqft, 24% above the AED 588 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 1 November 2026, is AED 48,000 a year: a gross yield of 9.1% on the 2025 price, before the service charge of about AED 6,900 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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 2016: AED 264,599 (AED 368 per sqft)Sold, December 2024: AED 415,000 (AED 578 per sqft)Sold, March 2025: AED 525,000 (AED 731 per sqft)

406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, each contractTypical one-bed in Mazaya 15
40K60K2015201920232027Typical 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 2019: AED 30,000 a yearRenewal, December 2020: AED 29,918 a yearNew contract, November 2021: AED 26,000 a yearNew contract, March 2023: AED 26,075 a yearRenewal, March 2024: AED 29,900 a yearNew contract, March 2025: AED 34,385 a yearNew contract, March 2025: AED 34,385 a yearRenewal, March 2026: AED 55,000 a yearNew contract, November 2026: AED 48,000 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 406 sits

All 48 1-beds →

406 last sold in March 2025 at AED 731 per sqft, 24% above what one-beds in Mazaya 15 were fetching at the time (AED 588). 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. 406's AED 48,000 is in the upper 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
4041-bedAED 401K · Jul 2023
4051-bedAED 510K · Nov 2015
4071-bedAED 300K · Oct 2021
4081-bedAED 620K · Oct 2026
1–7 of 9

406, Mazaya 15 in numbers

  • Sold 3 times: first on 25 July 2016 for AED 264,599, last on 24 March 2025 for AED 525,000 (AED 731 per sqft).
  • Rented since December 2019 on 9 Ejari contracts. The rent fell from AED 30,000 to AED 26,000 in 2021 and recovered to AED 48,000 by November 2026.
  • At AED 48,000 a year the gross yield on the 2025 price is 9.1%, before a service charge of about AED 6,900 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 1 November 2026.

Questions about 406, Mazaya 15

What did unit 406 last sell for?

AED 525,000 on 24 March 2025: AED 731 per sqft for 718 sqft. The unit has 3 registered sales; the first was AED 264,599 in July 2016.

What is the rent for unit 406?

AED 48,000 a year on the contract signed on 1 November 2026. The previous contract, from March 2026, was AED 55,000; the unit has been rented since December 2019.

How big is unit 406?

718 sqft (66.7 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2014.

What is unit 406 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 406, Mazaya 15

Starts from the last sale price (AED 525K, 24 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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