407, 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.
Property timeline for 407, Mazaya 32
What is 407 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,090 sqft
- Floor
- 4th of 5
- Parking
- G-59
- Developer
- Al Mazaya Real Estate
- Completed
- 2015
- Service charge
- AED 11,600 /yr
- Last sold
- AED 752K · June 2016
- Building
- Mazaya 32
About 407, Mazaya 32
407 is a two-bedroom apartment of 1,090 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 1 June 2016 for AED 751,770, or AED 689 per sqft, in line with the AED 689 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 51,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 11,600 a year.
Sales and rents for 407 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 32, and where 407 sits
All 21 2-beds →407 last sold in June 2016 at AED 689 per sqft, in line with what two-beds in Mazaya 32 were fetching at the time (AED 689). 407's AED 51,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Dec 20167 December 2016 | 1,113 sqft | 767,664 | 689 | ||
| 22 Nov 201622 November 2016 | 1,113 sqft | 767,813 | 689 | ||
| 22 Sep 201622 September 2016 | 1,713 sqft | 1,147,976 | 669 | ||
| 30 Jun 201630 June 2016 | 1,113 sqft | 767,813 | 689 |
Mazaya 32
Building61 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
Other units on the 4th floor
All 61 units in Mazaya 32| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,749 sqft | AED 1.12MAED 1,124,667 · May 2016May 2016 | 74,000 /yr | |
| 402 | 1-bed | 629 sqft | AED 459KAED 459,044 · Mar 2016March 2016 | 40,000 /yr | |
| 403 | 2-bed | 1,113 sqft | AED 768KAED 767,961 · Apr 2016April 2016 | 72,000 /yr | |
| 404 | 1-bed | 868 sqft | AED 616KAED 616,051 · Jun 2016June 2016 | 54,000 /yr | |
| 405 | 1-bed | 814 sqft | AED 578KAED 577,763 · Sep 2016September 2016 | 41,500 /yr | |
| 406 | 1-bed | 854 sqft | AED 607KAED 606,651 · Mar 2016March 2016 | 46,000 /yr | |
| 408 | 1-bed | 629 sqft | AED 459KAED 459,122 · Mar 2016March 2016 | 34,500 /yr | |
| 409 | 1-bed | 636 sqft | AED 464KAED 464,387 · Jul 2016July 2016 | 38,000 /yr | |
| 410 | 2-bed | 1,113 sqft | AED 768KAED 767,813 · Jun 2016June 2016 | 59,000 /yr | |
| 411 | 1-bed | 890 sqft | AED 632KAED 631,642 · Mar 2016March 2016 | 39,600 /yr | |
| 412 | 2-bed | 1,713 sqft | AED 1.15MAED 1,147,976 · May 2016May 2016 | 69,000 /yr |
407, Mazaya 32 in numbers
- Sold once: by Al Mazaya Real Estate on 1 June 2016 for AED 751,770, or AED 689 per sqft.
- Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 42,000 in 2021 and recovered to AED 51,000 by November 2024.
- At AED 51,000 a year the gross yield on the 2016 price is 6.8%, before a service charge of about AED 11,600 a year (AED 10.65 per sqft).
Source: Dubai Land Department. Updated 1 November 2024.
Questions about 407, Mazaya 32
What did unit 407 last sell for?
AED 751,770 on 1 June 2016, sold by the developer: AED 689 per sqft for 1,090 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 51,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 47,500; the unit has been rented since July 2017.
How big is unit 407?
1,090 sqft (101.3 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2015.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 407? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 407, Mazaya 32
Starts from the last sale price (AED 752K, 1 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 751,770
- Deposit, UAE resident (20%)
- AED 150,354
- Deposit, non-resident (40%)
- AED 300,708
- Monthly over 25 years at 3.7%
- AED 3,076
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →