1-bed · 615 sqftMazaya 23, Liwan · 4th floor · completed 2013

405, Mazaya 23

Sold prices and rental history: sold twice, last in June 2014, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 435K16 June 2014
Current rentAED 48K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Mazaya 23

What is 405 worth today?

Last sold for AED 434,876 in 2014

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10 Apr 2026RentedNew contract
AED 48,000/yr12 months · AED 78 per sqft
3 Feb 2019RentedNew contract
AED 36,000/yr13 months · AED 59 per sqft
16 Jun 2014SoldReady
AED 434,876AED 706 per sqft
7 Feb 2014RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
19 Feb 2009Sold by developerOff-plan
AED 434,876AED 706 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
1-bed apartment
Size
615 sqft
Floor
4th of 6
Parking
G-29
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 7,600 /yr
Last sold
AED 435K · June 2014
Building
Mazaya 23

About 405, Mazaya 23

405 is a one-bedroom apartment of 615 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 16 June 2014 for AED 434,876, or AED 706 per sqft, 23% above the AED 573 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 10 April 2026, is AED 48,000 a year: a gross yield of 11.0% on the 2014 price, before the service charge of about AED 7,600 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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 434,876 (AED 706 per sqft)Sold, June 2014: AED 434,876 (AED 706 per sqft)

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

Rents
Unit 405, 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, February 2014: AED 45,000 a yearNew contract, February 2019: AED 36,000 a yearNew contract, April 2026: AED 48,000 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 405 sits

All 37 1-beds →

405 last sold in June 2014 at AED 706 per sqft, 23% above what one-beds in Mazaya 23 were fetching at the time (AED 573). 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. 405's AED 48,000 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
4011-bedAED 604K · Feb 2009
4023-bedAED 699K · Aug 2014
4032-bedAED 700K · Jul 2022
4042-bedAED 1.1M · Jun 2017
4062-bedAED 850K · Jan 2026
4071-bedAED 570K · May 2025
4081-bedAED 439K · Aug 2014
1–7 of 8

405, Mazaya 23 in numbers

  • Sold twice: first on 19 February 2009 for AED 434,876, last on 16 June 2014 for AED 434,876 (AED 706 per sqft).
  • Rented since February 2014 on 3 Ejari contracts. The rent fell from AED 45,000 to AED 36,000 in 2019 and recovered to AED 48,000 by April 2026.
  • At AED 48,000 a year the gross yield on the 2014 price is 11.0%, before a service charge of about AED 7,600 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 10 April 2026.

Questions about 405, Mazaya 23

What did unit 405 last sell for?

AED 434,876 on 16 June 2014: AED 706 per sqft for 615 sqft. The unit has 2 registered sales; the first was AED 434,876 in February 2009.

What is the rent for unit 405?

AED 48,000 a year on the contract signed on 10 April 2026. The previous contract, from February 2019, was AED 36,000; the unit has been rented since February 2014.

How big is unit 405?

615 sqft (57.1 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2013.

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 23 sold for AED 510,000 to 650,000 in the last 12 months, around AED 846 per sqft.

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Mortgage on 405, Mazaya 23

Starts from the last sale price (AED 435K, 16 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 434,876
Deposit, UAE resident (20%)
AED 86,975
Deposit, non-resident (40%)
AED 173,950
Monthly over 25 years at 3.7%
AED 1,779

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