405, Mazaya 24
Sold prices and rental history: sold 3 times, last in May 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Mazaya 24
What is 405 worth today?
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Source: Dubai Land Department. Updated 10 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,042 sqft
- Floor
- 4th of 5
- Parking
- G-58
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,600 /yr
- Last sold
- AED 760K · May 2015
- Building
- Mazaya 24
About 405, Mazaya 24
405 is a two-bedroom apartment of 1,042 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 11 May 2015 for AED 760,000, or AED 729 per sqft, in line with the AED 722 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 10 February 2024, is AED 58,000 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 12,600 a year.
Sales and rents for 405 over time
405 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 405 sits
All 20 2-beds →405 last sold in May 2015 at AED 729 per sqft, in line with what two-beds in Mazaya 24 were fetching at the time (AED 722). 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. 405's AED 58,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,040 sqft | AED 730KAED 730,000 · Mar 2017March 2017 | 36,000 /yr | |
| 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 | |
| 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 |
405, Mazaya 24 in numbers
- Sold 3 times: first on 7 February 2009 for AED 219,241, last on 11 May 2015 for AED 760,000 (AED 729 per sqft).
- Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 66,260 to AED 40,000 in 2021 and recovered to AED 58,000 by February 2024.
- At AED 58,000 a year the gross yield on the 2015 price is 7.6%, 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 10 February 2024.
Questions about 405, Mazaya 24
What did unit 405 last sell for?
AED 760,000 on 11 May 2015: AED 729 per sqft for 1,042 sqft. The unit has 3 registered sales; the first was AED 219,241 in February 2009.
What is the rent for unit 405?
AED 58,000 a year on the contract signed on 10 February 2024. The previous contract, from January 2023, was AED 42,000; the unit has been rented since August 2015.
How big is unit 405?
1,042 sqft (96.8 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2014.
What is unit 405 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 405, Mazaya 24
Starts from the last sale price (AED 760K, 11 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 760,000
- Deposit, UAE resident (20%)
- AED 152,000
- Deposit, non-resident (40%)
- AED 304,000
- Monthly over 25 years at 3.7%
- AED 3,109
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →