401, Mazaya 24
Sold prices and rental history: sold 3 times, last in March 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Mazaya 24
What is 401 worth today?
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Source: Dubai Land Department. Updated 1 May 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,040 sqft
- Floor
- 4th of 5
- Parking
- G-51
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,600 /yr
- Last sold
- AED 730K · March 2017
- Building
- Mazaya 24
About 401, Mazaya 24
401 is a two-bedroom apartment of 1,040 sqft on the 4th floor of Mazaya 24, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 29 March 2017 for AED 730,000, or AED 701 per sqft, 27% above the AED 550 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 May 2021, is AED 36,000 a year: a gross yield of 4.9% on the 2017 price, before the service charge of about AED 12,600 a year.
Sales and rents for 401 over time
401 has sold 3 times; 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 24, and where 401 sits
All 20 2-beds →401 last sold in March 2017 at AED 701 per sqft, 27% above what two-beds in Mazaya 24 were fetching at the time (AED 550). Over the last 12 months two-beds sold for AED 800,000 to 860,000, around AED 797 per sqft, and rent for AED 35,000 to 66,000 a year. 401's AED 36,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Oct 202613 October 2026 | 1,053 sqft | 860,000 | 816 | ||
| 8 May 20268 May 2026 | 1,053 sqft | 840,000 | 797 | ||
| 20 Feb 202620 February 2026 | 1,053 sqft | 800,000 | 759 | ||
| 19 Nov 202419 November 2024 | 1,054 sqft | 675,000 | 640 |
Mazaya 24
Building65 apartments, 1-bed to 2-bed over 5 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.
- Typical price per sqft
- AED 804
- Typical sale
- AED 575K
- Typical rent
- AED 48K /yr
- Typical yield
- 9.2%
Other units on the 4th floor
All 65 units in Mazaya 24| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 728 sqft | AED 445KAED 445,000 · Mar 2016March 2016 | 44,100 /yr | |
| 403 | 1-bed | 360 sqft | AED 537KAED 537,492 · Apr 2009April 2009 | 54,000 /yr | |
| 404 | 1-bed | 723 sqft | AED 539KAED 538,639 · May 2009May 2009 | 41,681 /yr | |
| 405 | 2-bed | 1,042 sqft | AED 760KAED 760,000 · May 2015May 2015 | 58,000 /yr | |
| 406 | 1-bed | 567 sqft | AED 400KAED 399,538 · Mar 2009March 2009 | 49,862 /yr | |
| 407 | 1-bed | 570 sqft | AED 400KAED 399,538 · Mar 2009March 2009 | 44,000 /yr | |
| 408 | 2-bed | 1,054 sqft | AED 675KAED 675,000 · Nov 2024November 2024 | 42,000 /yr | |
| 409 | 1-bed | 928 sqft | AED 340KAED 340,000 · Sep 2021September 2021 | 56,000 /yr | |
| 410 | 1-bed | 929 sqft | AED 315KAED 315,000 · Jun 2022June 2022 | 55,000 /yr | |
| 411 | 2-bed | 1,053 sqft | AED 860KAED 860,000 · Oct 2026October 2026 | 55,125 /yr | |
| 412 | 1-bed | 571 sqft | AED 478KAED 478,391 · Jan 2015January 2015 | 45,000 /yr | |
| 413 | 1-bed | 565 sqft | AED 473KAED 473,391 · Dec 2014December 2014 | 24,931 /yr |
401, Mazaya 24 in numbers
- Sold 3 times: first on 7 February 2009 for AED 901,081, last on 29 March 2017 for AED 730,000 (AED 701 per sqft).
- Rented since May 2017 on 5 Ejari contracts, from AED 60,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2017 price is 4.9%, before a service charge of about AED 12,600 a year (AED 12.09 per sqft).
- Two-beds in Mazaya 24 sold for AED 800,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 804 per sqft.
Source: Dubai Land Department. Updated 1 May 2021.
Questions about 401, Mazaya 24
What did unit 401 last sell for?
AED 730,000 on 29 March 2017: AED 701 per sqft for 1,040 sqft. The unit has 3 registered sales; the first was AED 901,081 in February 2009.
What is the rent for unit 401?
AED 36,000 a year on the contract renewed on 1 May 2021. The previous contract, from May 2020, was AED 46,000; the unit has been rented since May 2017.
How big is unit 401?
1,040 sqft (96.6 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2014.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 24 sold for AED 800,000 to 860,000 in the last 12 months, around AED 797 per sqft.
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Mortgage on 401, Mazaya 24
Starts from the last sale price (AED 730K, 29 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 730,000
- Deposit, UAE resident (20%)
- AED 146,000
- Deposit, non-resident (40%)
- AED 292,000
- Monthly over 25 years at 3.7%
- AED 2,987
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →