1-bed · 833 sqftMazaya 31, Liwan · 4th floor · completed 2013

405, Mazaya 31

Sold prices and rental history: sold 5 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 500K10 October 2024
Current rentAED 46K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Mazaya 31

What is 405 worth today?

Last sold for AED 500,000 in 2024

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10 Oct 2024SoldReady
AED 500,000AED 600 per sqft
1 Feb 2024RentedNew contract
AED 46,000/yr12 months · AED 55 per sqft
4 Apr 2023SoldReady
AED 340,000AED 408 per sqft
20 Aug 2020RentedRenewal
AED 35,000/yr14 months · AED 42 per sqft
20 Jul 2019RentedNew contract
AED 35,000/yr13 months · AED 42 per sqft
10 Jul 2018RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
26 Nov 2016RentedRenewal
AED 52,000/yr12 months · AED 63 per sqft
26 Nov 2015RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
833 sqft
Floor
4th of 5
Parking
G-18
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 9,200 /yr
Last sold
AED 500K · October 2024
Building
Mazaya 31

About 405, Mazaya 31

405 is a one-bedroom apartment of 833 sqft on the 4th floor of Mazaya 31, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 10 October 2024 for AED 500,000, or AED 600 per sqft, 6% above the AED 568 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 February 2024, is AED 46,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 9,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Mazaya 31
400K600K2009201420192024Typical sale price by year: 2009 AED 595,915; 2014 AED 351,069; 2015 AED 438,363; 2016 AED 362,500; 2024 AED 490,000; 2025 AED 522,500; 2026 AED 552,500Sold by developer, May 2009: AED 648,233 (AED 778 per sqft)Sold, September 2013: AED 425,000 (AED 510 per sqft)Sold, May 2014: AED 590,000 (AED 708 per sqft)Sold, April 2023: AED 340,000 (AED 408 per sqft)Sold, October 2024: AED 500,000 (AED 600 per sqft)

405 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 405, each contractTypical one-bed in Mazaya 31
20K40K60K2014201820222026Typical rent by year: 2014 AED 49,000; 2015 AED 54,500; 2016 AED 51,000; 2017 AED 48,000; 2018 AED 42,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 25,000; 2022 AED 30,000; 2023 AED 34,625; 2024 AED 39,500; 2025 AED 41,800; 2026 AED 48,000New contract, November 2015: AED 55,000 a yearRenewal, November 2016: AED 52,000 a yearNew contract, July 2018: AED 42,000 a yearNew contract, July 2019: AED 35,000 a yearRenewal, August 2020: AED 35,000 a yearNew contract, February 2024: AED 46,000 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 31, and where 405 sits

All 36 1-beds →

405 last sold in October 2024 at AED 600 per sqft, 6% above what one-beds in Mazaya 31 were fetching at the time (AED 568). Over the last 12 months one-beds sold for AED 495,000 to 615,000, around AED 718 per sqft, and rent for AED 38,205 to 58,156 a year. 405's AED 46,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Sep 2026575,000
13 Aug 2026615,000
4 Jul 2026530,000
26 Jan 2026495,000
5 1-bed sales in the last 12 months

Mazaya 31

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 9 sold in the last 12 months.

Typical price per sqft
AED 718
Typical sale
AED 615K
Typical rent
AED 55K /yr
Typical yield
8.7%
Mazaya 31, Liwan: prices, sales and rents →

Other units on the 4th floor

All 61 units in Mazaya 31
Value
4013-bedAED 1.22M · Jun 2026
4021-bedAED 450K · Nov 2014
4032-bedAED 830K · Mar 2026
4041-bedAED 590K · Dec 2014
4061-bedAED 340K · Oct 2021
4072-bedAED 500K · Feb 2023
4081-bedAED 450K · May 2025
1–7 of 11

405, Mazaya 31 in numbers

  • Sold 5 times: first on 6 May 2009 for AED 648,233, last on 10 October 2024 for AED 500,000 (AED 600 per sqft).
  • Rented since November 2015 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 35,000 in 2020 and recovered to AED 46,000 by February 2024.
  • At AED 46,000 a year the gross yield on the 2024 price is 9.2%, before a service charge of about AED 9,200 a year (AED 11.07 per sqft).
  • One-beds in Mazaya 31 sold for AED 495,000–615,000 in the 12 months to November 2026; the building's median across all types is AED 718 per sqft.

Source: Dubai Land Department. Updated 10 October 2024.

Questions about 405, Mazaya 31

What did unit 405 last sell for?

AED 500,000 on 10 October 2024: AED 600 per sqft for 833 sqft. The unit has 5 registered sales; the first was AED 648,233 in May 2009.

What is the rent for unit 405?

AED 46,000 a year on the contract signed on 1 February 2024. The previous contract, from August 2020, was AED 35,000; the unit has been rented since November 2015.

How big is unit 405?

833 sqft (77.4 sqm): a one-bedroom apartment on the 4th floor of a 5-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 31 sold for AED 495,000 to 615,000 in the last 12 months, around AED 718 per sqft.

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Mortgage on 405, Mazaya 31

Starts from the last sale price (AED 500K, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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