2-bed · 1,093 sqftMazaya 31, Liwan · 4th floor · completed 2013

407, Mazaya 31

Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 500K6 February 2023
Current rentAED 60K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Mazaya 31

What is 407 worth today?

Last sold for AED 500,000 in 2023

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5 Sep 2026RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
21 Dec 2024RentedRenewal
AED 45,125/yr12 months · AED 41 per sqft
21 Dec 2024RentedRenewal
AED 45,125/yr12 months · AED 41 per sqft
19 Dec 2023RentedNew contract
AED 42,000/yr12 months · AED 38 per sqft
6 Feb 2023SoldReady
AED 500,000AED 457 per sqft
20 Dec 2022RentedNew contract
AED 40,000/yr12 months · AED 36 per sqft
1 Nov 2021RentedNew contract
AED 33,000/yr12 months · AED 30 per sqft
5 Nov 2018RentedRenewal
AED 47,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
2-bed apartment
Size
1,093 sqft
Floor
4th of 5
Parking
G-37
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 12,100 /yr
Last sold
AED 500K · February 2023
Building
Mazaya 31

About 407, Mazaya 31

407 is a two-bedroom apartment of 1,093 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 6 February 2023 for AED 500,000, or AED 457 per sqft, in line with the AED 457 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 5 September 2026, is AED 60,000 a year: a gross yield of 12.0% on the 2023 price, before the service charge of about AED 12,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Mazaya 31
500K750K2009201420192024Typical sale price by year: 2009 AED 821,269; 2014 AED 449,370; 2015 AED 447,348; 2018 AED 517,500; 2022 AED 705,000; 2023 AED 575,000; 2024 AED 650,000; 2025 AED 820,000; 2026 AED 820,000Sold by developer, May 2009: AED 898,740 (AED 822 per sqft)Sold, February 2015: AED 449,370 (AED 411 per sqft)Sold, February 2023: AED 500,000 (AED 457 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Mazaya 31
40K60K80K2014201820222026Typical rent by year: 2014 AED 75,000; 2015 AED 70,000; 2016 AED 71,000; 2017 AED 60,500; 2018 AED 57,000; 2019 AED 46,500; 2020 AED 38,500; 2021 AED 37,750; 2022 AED 41,000; 2023 AED 50,000; 2024 AED 55,200; 2025 AED 64,000; 2026 AED 66,500New contract, February 2015: AED 72,000 a yearNew contract, November 2017: AED 48,000 a yearRenewal, November 2018: AED 47,000 a yearNew contract, November 2021: AED 33,000 a yearNew contract, December 2022: AED 40,000 a yearNew contract, December 2023: AED 42,000 a yearRenewal, December 2024: AED 45,125 a yearRenewal, December 2024: AED 45,125 a yearNew contract, September 2026: AED 60,000 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 31, and where 407 sits

All 21 2-beds →

407 last sold in February 2023 at AED 457 per sqft, in line with what two-beds in Mazaya 31 were fetching at the time (AED 457). Over the last 12 months two-beds sold for AED 750,000 to 830,000, around AED 734 per sqft, and rent for AED 55,790 to 90,000 a year. 407's AED 60,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jun 2026820,000
12 Mar 2026830,000
20 Jan 2026750,000
24 Oct 2025820,000
3 2-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
4051-bedAED 500K · Oct 2024
4061-bedAED 340K · Oct 2021
4081-bedAED 450K · May 2025
1–7 of 11

407, Mazaya 31 in numbers

  • Sold 3 times: first on 6 May 2009 for AED 898,740, last on 6 February 2023 for AED 500,000 (AED 457 per sqft).
  • Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 72,000 to AED 33,000 in 2021 and recovered to AED 60,000 by September 2026.
  • At AED 60,000 a year the gross yield on the 2023 price is 12.0%, before a service charge of about AED 12,100 a year (AED 11.07 per sqft).
  • Two-beds in Mazaya 31 sold for AED 750,000–830,000 in the 12 months to November 2026; the building's median across all types is AED 718 per sqft.

Source: Dubai Land Department. Updated 5 September 2026.

Questions about 407, Mazaya 31

What did unit 407 last sell for?

AED 500,000 on 6 February 2023: AED 457 per sqft for 1,093 sqft. The unit has 3 registered sales; the first was AED 898,740 in May 2009.

What is the rent for unit 407?

AED 60,000 a year on the contract signed on 5 September 2026. The previous contract, from December 2024, was AED 45,125; the unit has been rented since February 2015.

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 31 sold for AED 750,000 to 830,000 in the last 12 months, around AED 734 per sqft.

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Mortgage on 407, Mazaya 31

Starts from the last sale price (AED 500K, 6 February 2023). 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 →