403, Mazaya 23
Sold prices and rental history: sold twice, last in July 2022, and rented once, from June 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Mazaya 23
What is 403 worth today?
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Source: Dubai Land Department. Updated 26 July 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,669 sqft
- Floor
- 4th of 6
- Parking
- G-58
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 20,700 /yr
- Last sold
- AED 700K · July 2022
- Building
- Mazaya 23
About 403, Mazaya 23
403 is a two-bedroom apartment of 1,669 sqft on the 4th floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 26 July 2022 for AED 700,000, or AED 419 per sqft, 23% below the AED 542 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 June 2021. The current contract, signed on 5 June 2021, is AED 40,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 20,700 a year.
Sales and rents for 403 over time
403 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 23, and where 403 sits
All 15 2-beds →403 last sold in July 2022 at AED 419 per sqft, 23% below what two-beds in Mazaya 23 were fetching at the time (AED 542). Over the last 12 months two-beds sold for AED 850,000, around AED 771 per sqft, and rent for AED 60,000 to 80,000 a year. 403's AED 40,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jan 20262 January 2026 | 1,102 sqft | 850,000 | 771 | ||
| 30 Jun 202530 June 2025 | 1,086 sqft | 790,000 | 727 | ||
| 17 Oct 202417 October 2024 | 1,086 sqft | 650,000 | 598 | ||
| 1 Mar 20241 March 2024 | 1,013 sqft | 500,000 | 493 |
Mazaya 23
Building55 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%
Other units on the 4th floor
All 55 units in Mazaya 23| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 840 sqft | AED 604KAED 604,080 · Feb 2009February 2009 | 46,000 /yr | |
| 402 | 3-bed | 1,730 sqft | AED 699KAED 699,195 · Aug 2014August 2014 | 56,000 /yr | |
| 404 | 2-bed | 1,659 sqft | AED 1.1MAED 1,100,000 · Jun 2017June 2017 | 53,850 /yr | |
| 405 | 1-bed | 615 sqft | AED 435KAED 434,876 · Jun 2014June 2014 | 48,000 /yr | |
| 406 | 2-bed | 1,102 sqft | AED 850KAED 850,000 · Jan 2026January 2026 | 50,600 /yr | |
| 407 | 1-bed | 835 sqft | AED 570KAED 570,000 · May 2025May 2025 | 37,000 /yr | |
| 408 | 1-bed | 619 sqft | AED 439KAED 439,420 · Aug 2014August 2014 | 44,500 /yr | |
| 409 | 1-bed | 613 sqft | AED 380KAED 380,000 · Jan 2024January 2024 | 48,000 /yr |
403, Mazaya 23 in numbers
- Sold twice: first on 4 December 2019 for AED 800,000, last on 26 July 2022 for AED 700,000 (AED 419 per sqft).
- Rented since June 2021 on one Ejari contract, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 20,700 a year (AED 12.38 per sqft).
- Two-beds in Mazaya 23 sold for AED 850,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 809 per sqft.
Source: Dubai Land Department. Updated 26 July 2022.
Questions about 403, Mazaya 23
What did unit 403 last sell for?
AED 700,000 on 26 July 2022: AED 419 per sqft for 1,669 sqft. The unit has 2 registered sales; the first was AED 800,000 in December 2019.
What is the rent for unit 403?
AED 40,000 a year on the contract signed on 5 June 2021.
How big is unit 403?
1,669 sqft (155.1 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2013.
What is unit 403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 23 sold for AED 850,000 to 850,000 in the last 12 months, around AED 771 per sqft.
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Mortgage on 403, Mazaya 23
Starts from the last sale price (AED 700K, 26 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →