1-bed · 840 sqftMazaya 23, Liwan · 4th floor · completed 2013

401, Mazaya 23

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 5 November 2025
Last soldAED 604K18 February 2009
Current rentAED 46K /yr5 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Mazaya 23

What is 401 worth today?

Last sold for AED 604,080 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Nov 2025RentedRenewal
AED 46,000/yr12 months · AED 55 per sqft
5 Nov 2024RentedNew contract
AED 46,000/yr12 months · AED 55 per sqft
10 Oct 2023RentedNew contract
AED 42,000/yr12 months · AED 50 per sqft
1 Sep 2022RentedRenewal
AED 32,000/yr12 months · AED 38 per sqft
1 Sep 2021RentedRenewal
AED 28,000/yr12 months · AED 33 per sqft
1 Sep 2020RentedRenewal
AED 30,000/yr12 months · AED 36 per sqft
1 Sep 2019RentedRenewal
AED 35,000/yr12 months · AED 42 per sqft
1 Sep 2018RentedRenewal
AED 42,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 5 November 2025.

Key facts

Type
1-bed apartment
Size
840 sqft
Floor
4th of 6
Parking
G-39
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 10,400 /yr
Last sold
AED 604K · February 2009
Building
Mazaya 23

About 401, Mazaya 23

401 is a one-bedroom apartment of 840 sqft on the 4th floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. The developer sold it on 18 February 2009 for AED 604,080, or AED 718 per sqft, 3% above the AED 697 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 46,000 a year: a gross yield of 7.6% on the 2009 price, before the service charge of about AED 10,400 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Mazaya 23
400K500K600K2009201420192024Typical sale price by year: 2009 AED 425,899; 2014 AED 425,899; 2015 AED 540,000; 2016 AED 523,500; 2017 AED 610,000; 2018 AED 400,000; 2024 AED 410,000; 2025 AED 540,000; 2026 AED 572,500Sold by developer, February 2009: AED 604,080 (AED 718 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Mazaya 23
40K2014201820222026Typical rent by year: 2014 AED 45,000; 2015 AED 48,000; 2016 AED 46,000; 2017 AED 45,000; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 27,250; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 32,200; 2024 AED 40,000; 2025 AED 45,575; 2026 AED 48,000New contract, September 2014: AED 50,000 a yearRenewal, September 2015: AED 50,000 a yearRenewal, September 2016: AED 50,000 a yearRenewal, September 2017: AED 50,000 a yearRenewal, September 2018: AED 42,000 a yearRenewal, September 2019: AED 35,000 a yearRenewal, September 2020: AED 30,000 a yearRenewal, September 2021: AED 28,000 a yearRenewal, September 2022: AED 32,000 a yearNew contract, October 2023: AED 42,000 a yearNew contract, November 2024: AED 46,000 a yearRenewal, November 2025: AED 46,000 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 23, and where 401 sits

All 37 1-beds →

401 last sold in February 2009 at AED 718 per sqft, 3% above what one-beds in Mazaya 23 were fetching at the time (AED 697). Over the last 12 months one-beds sold for AED 510,000 to 650,000, around AED 846 per sqft, and rent for AED 38,325 to 60,000 a year. 401's AED 46,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026510,000
5 Aug 2026650,000
26 Feb 2026525,000
19 Feb 2026620,000
5 1-bed sales in the last 12 months

Mazaya 23

Building

55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 6 sold in the last 12 months.

Typical price per sqft
AED 809
Typical sale
AED 585K
Typical rent
AED 50K /yr
Typical yield
8.8%
Mazaya 23, Liwan: prices, sales and rents →

Other units on the 4th floor

All 55 units in Mazaya 23
Value
4023-bedAED 699K · Aug 2014
4032-bedAED 700K · Jul 2022
4042-bedAED 1.1M · Jun 2017
4051-bedAED 435K · Jun 2014
4062-bedAED 850K · Jan 2026
4071-bedAED 570K · May 2025
4081-bedAED 439K · Aug 2014
1–7 of 8

401, Mazaya 23 in numbers

  • Sold once: by Al Mazaya Real Estate on 18 February 2009 for AED 604,080, or AED 718 per sqft.
  • Rented since September 2014 on 12 Ejari contracts. The rent fell from AED 50,000 to AED 28,000 in 2021 and recovered to AED 46,000 by November 2025.
  • At AED 46,000 a year the gross yield on the 2009 price is 7.6%, before a service charge of about AED 10,400 a year (AED 12.38 per sqft).
  • One-beds in Mazaya 23 sold for AED 510,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 809 per sqft.

Source: Dubai Land Department. Updated 5 November 2025.

Questions about 401, Mazaya 23

What did unit 401 last sell for?

AED 604,080 on 18 February 2009, sold by the developer: AED 718 per sqft for 840 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 46,000 a year on the contract renewed on 5 November 2025. The previous contract, from November 2024, was AED 46,000; the unit has been rented since September 2014.

How big is unit 401?

840 sqft (78.0 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2013.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 23 sold for AED 510,000 to 650,000 in the last 12 months, around AED 846 per sqft.

Selling 401? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 401, Mazaya 23

Starts from the last sale price (AED 604K, 18 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 604,080
Deposit, UAE resident (20%)
AED 120,816
Deposit, non-resident (40%)
AED 241,632
Monthly over 25 years at 3.7%
AED 2,471

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