2-bed · 1,093 sqftMazaya 30, Liwan · 4th floor · completed 2013

407, Mazaya 30

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 792K3 May 2009
Current rentAED 48K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Mazaya 30

What is 407 worth today?

Last sold for AED 792,345 in 2009

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1 Nov 2023RentedRenewal
AED 48,000/yr12 months · AED 44 per sqft
1 Nov 2022RentedNew contract
AED 43,700/yr12 months · AED 40 per sqft
10 Jul 2022RentedRenewal
AED 43,700/yr3 months · AED 40 per sqft
10 Jan 2022RentedRenewal
AED 38,000/yr6 months · AED 35 per sqft
10 Jan 2021RentedRenewal
AED 38,000/yr12 months · AED 35 per sqft
10 Jan 2020RentedRenewal
AED 48,000/yr12 months · AED 44 per sqft
10 Jan 2019RentedNew contract
AED 50,000/yr12 months · AED 46 per sqft
4 Sep 2017RentedNew contract
AED 63,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
2-bed apartment
Size
1,093 sqft
Floor
4th of 5
Parking
G-9
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 12,500 /yr
Last sold
AED 792K · May 2009
Building
Mazaya 30

About 407, Mazaya 30

407 is a two-bedroom apartment of 1,093 sqft on the 4th floor of Mazaya 30, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. The developer sold it on 3 May 2009 for AED 792,345, or AED 724 per sqft, in line with the AED 721 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 48,000 a year: a gross yield of 6.1% on the 2009 price, before the service charge of about AED 12,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Mazaya 30
600K700K800K20092013201720212025Typical sale price by year: 2009 AED 797,082; 2014 AED 600,000; 2015 AED 808,633; 2024 AED 740,000Sold by developer, May 2009: AED 792,345 (AED 724 per sqft)

407 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 407, each contractTypical two-bed in Mazaya 30
40K60K80K2014201820222026Typical rent by year: 2014 AED 73,000; 2015 AED 68,000; 2016 AED 72,500; 2017 AED 65,000; 2018 AED 58,835; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 38,500; 2022 AED 42,000; 2023 AED 49,500; 2024 AED 60,000; 2025 AED 68,000; 2026 AED 70,000New contract, November 2014: AED 76,000 a yearNew contract, February 2016: AED 75,000 a yearRenewal, February 2017: AED 75,000 a yearNew contract, September 2017: AED 63,000 a yearNew contract, January 2019: AED 50,000 a yearRenewal, January 2020: AED 48,000 a yearRenewal, January 2021: AED 38,000 a yearRenewal, January 2022: AED 38,000 a yearRenewal, July 2022: AED 43,700 a yearNew contract, November 2022: AED 43,700 a yearRenewal, November 2023: AED 48,000 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 30, and where 407 sits

All 21 2-beds →

407 last sold in May 2009 at AED 724 per sqft, in line with what two-beds in Mazaya 30 were fetching at the time (AED 721). Over the last 12 months two-beds sold for AED 950,000, around AED 554 per sqft, and rent for AED 58,000 to 85,000 a year. 407's AED 48,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Nov 2025950,000
28 Nov 2024740,000
20 May 2024840,000
17 Jan 2024620,000
1 2-bed sale in the last 12 months

Mazaya 30

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 3 sold in the last 12 months.

Typical price per sqft
AED 646
Typical sale
AED 575K
Typical rent
AED 47K /yr
Typical yield
9.0%
Mazaya 30, Liwan: prices, sales and rents →

Other units on the 4th floor

All 61 units in Mazaya 30
Value
4013-bedAED 900K · Apr 2018
4021-bedAED 317K · May 2019
4032-bedAED 740K · Nov 2024
4041-bedAED 520K · Sep 2024
4051-bedAED 583K · May 2009
4061-bedAED 623K · Jun 2015
4081-bedAED 280K · Feb 2021
1–7 of 11

407, Mazaya 30 in numbers

  • Sold once: by Al Mazaya Real Estate on 3 May 2009 for AED 792,345, or AED 724 per sqft.
  • Rented since November 2014 on 11 Ejari contracts. The rent fell from AED 76,000 to AED 38,000 in 2022 and recovered to AED 48,000 by November 2023.
  • At AED 48,000 a year the gross yield on the 2009 price is 6.1%, before a service charge of about AED 12,500 a year (AED 11.45 per sqft).
  • Two-beds in Mazaya 30 sold for AED 950,000–950,000 in the 12 months to November 2026; the building's median across all types is AED 646 per sqft.

Source: Dubai Land Department. Updated 1 November 2023.

Questions about 407, Mazaya 30

What did unit 407 last sell for?

AED 792,345 on 3 May 2009, sold by the developer: AED 724 per sqft for 1,093 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 48,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 43,700; the unit has been rented since November 2014.

How big is unit 407?

1,093 sqft (101.5 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2013.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 30 sold for AED 950,000 to 950,000 in the last 12 months, around AED 554 per sqft.

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Mortgage on 407, Mazaya 30

Starts from the last sale price (AED 792K, 3 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 792,345
Deposit, UAE resident (20%)
AED 158,469
Deposit, non-resident (40%)
AED 316,938
Monthly over 25 years at 3.7%
AED 3,242

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