2-bed · 1,102 sqftMazaya 23, Liwan · 4th floor · completed 2013

406, Mazaya 23

Sold prices and rental history: sold 3 times, last in January 2026, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 2 January 2026
Last soldAED 850K2 January 2026
Current rentAED 51K /yr4 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Mazaya 23

What is 406 worth today?

Last sold for AED 850,000 in 2026

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2 Jan 2026SoldReady
AED 850,000AED 771 per sqft
4 Feb 2025RentedRenewal
AED 50,600/yr6 months · AED 46 per sqft
4 Feb 2025RentedRenewal
AED 50,600/yr6 months · AED 46 per sqft
4 Feb 2024RentedRenewal
AED 46,000/yr12 months · AED 42 per sqft
4 Feb 2023RentedNew contract
AED 46,000/yr12 months · AED 42 per sqft
17 Oct 2019RentedRenewal
AED 46,800/yr12 months · AED 43 per sqft
17 Oct 2018RentedNew contract
AED 52,000/yr12 months · AED 47 per sqft
15 Jul 2017RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 2 January 2026.

Key facts

Type
2-bed apartment
Size
1,102 sqft
Floor
4th of 6
Parking
G-48
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 13,600 /yr
Last sold
AED 850K · January 2026
Building
Mazaya 23

About 406, Mazaya 23

406 is a two-bedroom apartment of 1,102 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 2 January 2026 for AED 850,000, or AED 771 per sqft.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 4 February 2025, is AED 50,600 a year: a gross yield of 5.9% on the 2026 price, before the service charge of about AED 13,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Mazaya 23
700K800K2009201420192024Typical sale price by year: 2009 AED 775,998; 2014 AED 730,000; 2016 AED 772,500; 2022 AED 651,134Sold by developer, February 2009: AED 830,034 (AED 753 per sqft)Sold, November 2014: AED 830,034 (AED 753 per sqft)Sold, January 2026: AED 850,000 (AED 771 per sqft)

406 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 406, each contractTypical two-bed in Mazaya 23
40K60K80K2014201820222026Typical rent by year: 2014 AED 70,423; 2015 AED 69,000; 2016 AED 75,000; 2017 AED 69,000; 2018 AED 54,000; 2019 AED 46,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 43,700; 2023 AED 48,750; 2024 AED 52,250; 2025 AED 63,000; 2026 AED 71,000New contract, March 2015: AED 73,000 a yearNew contract, July 2017: AED 70,000 a yearNew contract, October 2018: AED 52,000 a yearRenewal, October 2019: AED 46,800 a yearNew contract, February 2023: AED 46,000 a yearRenewal, February 2024: AED 46,000 a yearRenewal, February 2025: AED 50,600 a yearRenewal, February 2025: AED 50,600 a year

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 406 sits

All 15 2-beds →

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. 406's AED 50,600 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jun 2025790,000
17 Oct 2024650,000
1 Mar 2024500,000
26 Jul 2022700,000
1 2-bed sale 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
4051-bedAED 435K · Jun 2014
4071-bedAED 570K · May 2025
4081-bedAED 439K · Aug 2014
1–7 of 8

406, Mazaya 23 in numbers

  • Sold 3 times: first on 19 February 2009 for AED 830,034, last on 2 January 2026 for AED 850,000 (AED 771 per sqft).
  • Rented since March 2015 on 8 Ejari contracts, from AED 73,000 to AED 50,600 a year.
  • At AED 50,600 a year the gross yield on the 2026 price is 5.9%, before a service charge of about AED 13,600 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 2 January 2026.

Questions about 406, Mazaya 23

What did unit 406 last sell for?

AED 850,000 on 2 January 2026: AED 771 per sqft for 1,102 sqft. The unit has 3 registered sales; the first was AED 830,034 in February 2009.

What is the rent for unit 406?

AED 50,600 a year on the contract renewed on 4 February 2025. The previous contract, from February 2025, was AED 50,600; the unit has been rented since March 2015.

How big is unit 406?

1,102 sqft (102.4 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2013.

What is unit 406 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 406, Mazaya 23

Starts from the last sale price (AED 850K, 2 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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