1-bed · 613 sqftMazaya 22, Liwan · 4th floor · completed 2014

405, Mazaya 22

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 June 2020
Last soldAED 219K16 June 2015
Current rentAED 25K /yr1 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Mazaya 22

What is 405 worth today?

Last sold for AED 219,061 in 2015

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1 Jun 2020RentedRenewal
AED 25,000/yr12 months · AED 41 per sqft
1 Jun 2019RentedRenewal
AED 38,000/yr12 months · AED 62 per sqft
1 Jun 2018RentedRenewal
AED 42,000/yr12 months · AED 68 per sqft
1 Jun 2017RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
3 Apr 2016RentedRenewal
AED 50,000/yr12 months · AED 81 per sqft
16 Jun 2015Sold by developerReady
AED 219,061AED 357 per sqft
3 Apr 2015RentedNew contract
AED 50,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 1 June 2020.

Key facts

Type
1-bed apartment
Size
613 sqft
Floor
4th of 6
Parking
G-41
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,500 /yr
Last sold
AED 219K · June 2015
Building
Mazaya 22

About 405, Mazaya 22

405 is a one-bedroom apartment of 613 sqft on the 4th floor of Mazaya 22, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 16 June 2015 for AED 219,061, or AED 357 per sqft, 49% below the AED 702 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 June 2020, is AED 25,000 a year: a gross yield of 11.4% on the 2015 price, before the service charge of about AED 7,500 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Mazaya 22
200K400K2009201420192024Typical sale price by year: 2009 AED 412,304; 2014 AED 473,930; 2015 AED 360,000; 2017 AED 475,000; 2022 AED 320,000; 2023 AED 410,000; 2024 AED 512,500; 2025 AED 525,000; 2026 AED 505,000Sold by developer, June 2015: AED 219,061 (AED 357 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in Mazaya 22
20K40K20152018202120242027Typical rent by year: 2015 AED 48,000; 2016 AED 49,000; 2017 AED 46,563; 2018 AED 40,000; 2019 AED 34,000; 2020 AED 26,250; 2021 AED 24,000; 2022 AED 27,384; 2023 AED 32,000; 2024 AED 36,800; 2025 AED 43,000; 2026 AED 46,000New contract, April 2015: AED 50,000 a yearRenewal, April 2016: AED 50,000 a yearNew contract, June 2017: AED 42,000 a yearRenewal, June 2018: AED 42,000 a yearRenewal, June 2019: AED 38,000 a yearRenewal, June 2020: AED 25,000 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 22, and where 405 sits

All 37 1-beds →

405 last sold in June 2015 at AED 357 per sqft, 49% below what one-beds in Mazaya 22 were fetching at the time (AED 702). Over the last 12 months one-beds sold for AED 499,000 to 610,000, around AED 878 per sqft, and rent for AED 40,000 to 58,000 a year. 405's AED 25,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Oct 2026499,000
9 Apr 2026610,000
26 Jan 2026505,000
24 Jul 2025525,000
3 1-bed sales in the last 12 months

Mazaya 22

Building

55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 3 sold in the last 12 months.

Typical price per sqft
AED 878
Typical sale
AED 505K
Typical rent
AED 47K /yr
Typical yield
7.9%
Mazaya 22, Liwan: prices, sales and rents →

Other units on the 4th floor

All 55 units in Mazaya 22
Value
4011-bedAED 530K · Aug 2024
4023-bedAED 1.2M · Jan 2025
4032-bedAED 780K · Apr 2019
4042-bedAED 545K · Jan 2016
4062-bedAED 700K · Aug 2017
4071-bedAED 609K · Feb 2009
4081-bedAED 465K · Jan 2016
1–7 of 8

405, Mazaya 22 in numbers

  • Sold once: by Al Mazaya Real Estate on 16 June 2015 for AED 219,061, or AED 357 per sqft.
  • Rented since April 2015 on 6 Ejari contracts, from AED 50,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2015 price is 11.4%, before a service charge of about AED 7,500 a year (AED 12.18 per sqft).
  • One-beds in Mazaya 22 sold for AED 499,000–610,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.

Source: Dubai Land Department. Updated 1 June 2020.

Questions about 405, Mazaya 22

What did unit 405 last sell for?

AED 219,061 on 16 June 2015, sold by the developer: AED 357 per sqft for 613 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 25,000 a year on the contract renewed on 1 June 2020. The previous contract, from June 2019, was AED 38,000; the unit has been rented since April 2015.

How big is unit 405?

613 sqft (56.9 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 22 sold for AED 499,000 to 610,000 in the last 12 months, around AED 878 per sqft.

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Mortgage on 405, Mazaya 22

Starts from the last sale price (AED 219K, 16 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 219,061
Deposit, UAE resident (20%)
AED 43,812
Deposit, non-resident (40%)
AED 87,624
Monthly over 25 years at 3.7%
AED 896

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