3-bed · 1,730 sqftMazaya 23, Liwan · 4th floor · completed 2013

402, Mazaya 23

Sold prices and rental history: sold once, by the developer in August 2014, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 15 December 2020
Last soldAED 699K5 August 2014
Current rentAED 56K /yr15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Mazaya 23

What is 402 worth today?

Last sold for AED 699,195 in 2014

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15 Dec 2020RentedNew contract
AED 56,000/yr24 months · AED 32 per sqft
1 May 2019RentedNew contract
AED 75,000/yr12 months · AED 43 per sqft
5 Aug 2014Sold by developerReady
AED 699,195AED 404 per sqft

Source: Dubai Land Department. Updated 15 December 2020.

Key facts

Type
3-bed apartment
Size
1,730 sqft
Floor
4th of 6
Parking
G-50,G-54T
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 21,400 /yr
Last sold
AED 699K · August 2014
Building
Mazaya 23

About 402, Mazaya 23

402 is a three-bedroom apartment of 1,730 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 5 August 2014 for AED 699,195, or AED 404 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 December 2020, is AED 56,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 21,400 a year.

3-beds in Mazaya 23, and where 402 sits

All 3 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
20 Mar 20251,100,000
26 Jul 20151,257,221
13 May 2014710,076
9 Apr 20091,420,151
0 3-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
4011-bedAED 604K · Feb 2009
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

402, Mazaya 23 in numbers

  • Sold once: by Al Mazaya Real Estate on 5 August 2014 for AED 699,195, or AED 404 per sqft.
  • Rented since May 2019 on 2 Ejari contracts, from AED 75,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 21,400 a year (AED 12.38 per sqft).

Source: Dubai Land Department. Updated 15 December 2020.

Questions about 402, Mazaya 23

What did unit 402 last sell for?

AED 699,195 on 5 August 2014, sold by the developer: AED 404 per sqft for 1,730 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 56,000 a year on the contract signed on 15 December 2020. The previous contract, from May 2019, was AED 75,000.

How big is unit 402?

1,730 sqft (160.7 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower completed in 2013.

What is unit 402 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 402, Mazaya 23

Starts from the last sale price (AED 699K, 5 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 699,195
Deposit, UAE resident (20%)
AED 139,839
Deposit, non-resident (40%)
AED 279,678
Monthly over 25 years at 3.7%
AED 2,861

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