1-bed · 868 sqftMazaya 32, Liwan · 4th floor · completed 2015

404, Mazaya 32

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 616K14 June 2016
Current rentAED 54K /yr20 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Mazaya 32

What is 404 worth today?

Last sold for AED 616,051 in 2016

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20 May 2025RentedNew contract
AED 54,000/yr12 months · AED 62 per sqft
20 May 2025RentedNew contract
AED 54,000/yr12 months · AED 62 per sqft
1 Feb 2025RentedRenewal
AED 48,000/yr3 months · AED 55 per sqft
1 Feb 2025RentedRenewal
AED 48,000/yr3 months · AED 55 per sqft
1 Nov 2024RentedRenewal
AED 46,000/yr3 months · AED 53 per sqft
1 May 2024RentedRenewal
AED 43,000/yr6 months · AED 50 per sqft
1 May 2023RentedNew contract
AED 41,000/yr12 months · AED 47 per sqft
10 Apr 2021RentedNew contract
AED 31,000/yr12 months · AED 36 per sqft

Source: Dubai Land Department. Updated 20 May 2025.

Key facts

Type
1-bed apartment
Size
868 sqft
Floor
4th of 5
Parking
G-43
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 9,200 /yr
Last sold
AED 616K · June 2016
Building
Mazaya 32

About 404, Mazaya 32

404 is a one-bedroom apartment of 868 sqft on the 4th floor of Mazaya 32, a 5-storey tower in Liwan completed in 2015 by Al Mazaya Real Estate. The developer sold it on 14 June 2016 for AED 616,051, or AED 709 per sqft, in line with the AED 709 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 20 May 2025, is AED 54,000 a year: a gross yield of 8.8% on the 2016 price, before the service charge of about AED 9,200 a year.

Sales and rents for 404 over time

Rents
Unit 404, each contractTypical one-bed in Mazaya 32
40K2016201920222025Typical rent by year: 2016 AED 51,000; 2017 AED 49,000; 2018 AED 45,000; 2019 AED 37,000; 2020 AED 30,500; 2021 AED 28,000; 2022 AED 31,000; 2023 AED 34,750; 2024 AED 39,600; 2025 AED 42,000; 2026 AED 48,000New contract, April 2017: AED 55,000 a yearRenewal, April 2019: AED 43,000 a yearNew contract, April 2021: AED 31,000 a yearNew contract, May 2023: AED 41,000 a yearRenewal, May 2024: AED 43,000 a yearRenewal, November 2024: AED 46,000 a yearRenewal, February 2025: AED 48,000 a yearRenewal, February 2025: AED 48,000 a yearNew contract, May 2025: AED 54,000 a yearNew contract, May 2025: AED 54,000 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 32, and where 404 sits

All 36 1-beds →

404 last sold in June 2016 at AED 709 per sqft, in line with what one-beds in Mazaya 32 were fetching at the time (AED 709). 404's AED 54,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Aug 2017620,102
31 Jul 2017460,380
5 Sep 2016577,763
18 Jul 2016464,387
0 1-bed sales in the last 12 months

Mazaya 32

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2015 by Al Mazaya Real Estate. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 53K /yr
Typical yield
Mazaya 32, Liwan: prices, sales and rents →

Other units on the 4th floor

All 61 units in Mazaya 32
Value
4013-bedAED 1.12M · May 2016
4021-bedAED 459K · Mar 2016
4032-bedAED 768K · Apr 2016
4051-bedAED 578K · Sep 2016
4061-bedAED 607K · Mar 2016
4072-bedAED 752K · Jun 2016
4081-bedAED 459K · Mar 2016
1–7 of 11

404, Mazaya 32 in numbers

  • Sold once: by Al Mazaya Real Estate on 14 June 2016 for AED 616,051, or AED 709 per sqft.
  • Rented since April 2017 on 10 Ejari contracts. The rent fell from AED 55,000 to AED 31,000 in 2021 and recovered to AED 54,000 by May 2025.
  • At AED 54,000 a year the gross yield on the 2016 price is 8.8%, before a service charge of about AED 9,200 a year (AED 10.65 per sqft).

Source: Dubai Land Department. Updated 20 May 2025.

Questions about 404, Mazaya 32

What did unit 404 last sell for?

AED 616,051 on 14 June 2016, sold by the developer: AED 709 per sqft for 868 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 54,000 a year on the contract signed on 20 May 2025. The previous contract, from May 2025, was AED 54,000; the unit has been rented since April 2017.

How big is unit 404?

868 sqft (80.6 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2015.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 404, Mazaya 32

Starts from the last sale price (AED 616K, 14 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 616,051
Deposit, UAE resident (20%)
AED 123,210
Deposit, non-resident (40%)
AED 246,420
Monthly over 25 years at 3.7%
AED 2,520

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