405, Mazaya 16
Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Mazaya 16
What is 405 worth today?
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Source: Dubai Land Department. Updated 25 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 823 sqft
- Floor
- 4th of 9
- Parking
- G-05
- Developer
- Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
- Completed
- 2016
- Service charge
- AED 11,200 /yr
- Last sold
- AED 634K · September 2016
- Building
- Mazaya 16
About 405, Mazaya 16
405 is a one-bedroom apartment of 823 sqft on the 4th floor of Mazaya 16, a 9-storey tower in Liwan completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 8 September 2016 for AED 633,556, or AED 770 per sqft, in line with the AED 760 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 25 April 2026, is AED 41,250 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 11,200 a year.
Sales and rents for 405 over time
405 has sold once; 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 16, and where 405 sits
All 72 1-beds →405 last sold in September 2016 at AED 770 per sqft, in line with what one-beds in Mazaya 16 were fetching at the time (AED 760). 405's AED 41,250 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jan 201716 January 2017 | 829 sqft | 414,735 | 500 | ||
| 16 Jan 201716 January 2017 | 825 sqft | 412,745 | 500 | ||
| 16 Jan 201716 January 2017 | 825 sqft | 412,745 | 500 | ||
| 16 Jan 201716 January 2017 | 1,070 sqft | 534,755 | 500 |
Mazaya 16
Building108 apartments, studios to 2-bed over 9 floors in Liwan, completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 47K /yr
- Typical yield
Other units on the 4th floor
All 108 units in Mazaya 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 1,040 sqft | AED 520KAED 520,170 · Jan 2017January 2017 | 53,000 /yr | |
| 402 | 1-bed | 1,070 sqft | AED 535KAED 534,755 · Jan 2017January 2017 | 40,000 /yr | |
| 403 | Studio | 398 sqft | AED 310KAED 309,744 · Sep 2016September 2016 | 38,000 /yr | |
| 404 | 1-bed | 1,053 sqft | AED 526KAED 526,465 · Jan 2017January 2017 | 47,000 /yr | |
| 406 | 1-bed | 829 sqft | AED 415KAED 414,735 · Jan 2017January 2017 | 54,000 /yr | |
| 407 | Studio | 628 sqft | AED 314KAED 313,880 · Jan 2017January 2017 | 37,000 /yr | |
| 408 | 1-bed | 908 sqft | AED 454KAED 454,185 · Jan 2017January 2017 | 38,000 /yr | |
| 409 | 1-bed | 825 sqft | AED 413KAED 412,745 · Jan 2017January 2017 | 46,000 /yr | |
| 410 | 2-bed | 1,301 sqft | AED 652KAED 651,760 · Jan 2017January 2017 | 60,000 /yr | |
| 411 | 2-bed | 1,204 sqft | AED 603KAED 603,000 · Jan 2017January 2017 | 72,000 /yr | |
| 412 | 1-bed | 817 sqft | AED 621KAED 620,996 · Sep 2016September 2016 | 42,000 /yr |
405, Mazaya 16 in numbers
- Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 8 September 2016 for AED 633,556, or AED 770 per sqft.
- Rented since April 2017 on 10 Ejari contracts. The rent fell from AED 51,000 to AED 30,000 in 2021 and recovered to AED 41,250 by April 2026.
- At AED 41,250 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 11,200 a year (AED 13.60 per sqft).
Source: Dubai Land Department. Updated 25 April 2026.
Questions about 405, Mazaya 16
What did unit 405 last sell for?
AED 633,556 on 8 September 2016, sold by the developer: AED 770 per sqft for 823 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 41,250 a year on the contract renewed on 25 April 2026. The previous contract, from April 2025, was AED 37,500; the unit has been rented since April 2017.
How big is unit 405?
823 sqft (76.5 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2016.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 405, Mazaya 16
Starts from the last sale price (AED 634K, 8 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 633,556
- Deposit, UAE resident (20%)
- AED 126,711
- Deposit, non-resident (40%)
- AED 253,422
- Monthly over 25 years at 3.7%
- AED 2,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →