1-bed · 890 sqftMazaya 32, Liwan · 4th floor · completed 2015

411, Mazaya 32

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

Unit 411 · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 632K23 March 2016
Current rentAED 40K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 411, Mazaya 32

What is 411 worth today?

Last sold for AED 631,642 in 2016

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5 Oct 2024RentedNew contract
AED 39,600/yr12 months · AED 45 per sqft
5 Oct 2022RentedNew contract
AED 33,500/yr12 months · AED 38 per sqft
5 Oct 2020RentedNew contract
AED 31,000/yr12 months · AED 35 per sqft
1 May 2017RentedRenewal
AED 55,000/yr12 months · AED 62 per sqft
1 May 2016RentedNew contract
AED 57,000/yr12 months · AED 64 per sqft
23 Mar 2016Sold by developerReady
AED 631,642AED 709 per sqft

Source: Dubai Land Department. Updated 5 October 2024.

Key facts

Type
1-bed apartment
Size
890 sqft
Floor
4th of 5
Parking
G-55
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 9,500 /yr
Last sold
AED 632K · March 2016
Building
Mazaya 32

About 411, Mazaya 32

411 is a one-bedroom apartment of 890 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 23 March 2016 for AED 631,642, 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 2016 on 5 Ejari contracts. The current contract, signed on 5 October 2024, is AED 39,600 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 9,500 a year.

Sales and rents for 411 over time

Rents
Unit 411, each contractTypical one-bed in Mazaya 32
40K60K2016201920222025Typical 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, May 2016: AED 57,000 a yearRenewal, May 2017: AED 55,000 a yearNew contract, October 2020: AED 31,000 a yearNew contract, October 2022: AED 33,500 a yearNew contract, October 2024: AED 39,600 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 411 sits

All 36 1-beds →

411 last sold in March 2016 at AED 709 per sqft, in line with what one-beds in Mazaya 32 were fetching at the time (AED 709). 411's AED 39,600 is in the lower 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
4041-bedAED 616K · Jun 2016
4051-bedAED 578K · Sep 2016
4061-bedAED 607K · Mar 2016
4072-bedAED 752K · Jun 2016
1–7 of 11

411, Mazaya 32 in numbers

  • Sold once: by Al Mazaya Real Estate on 23 March 2016 for AED 631,642, or AED 709 per sqft.
  • Rented since May 2016 on 5 Ejari contracts. The rent fell from AED 57,000 to AED 31,000 in 2020 and recovered to AED 39,600 by October 2024.
  • At AED 39,600 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 9,500 a year (AED 10.65 per sqft).

Source: Dubai Land Department. Updated 5 October 2024.

Questions about 411, Mazaya 32

What did unit 411 last sell for?

AED 631,642 on 23 March 2016, sold by the developer: AED 709 per sqft for 890 sqft. It is the only registered sale of the unit.

What is the rent for unit 411?

AED 39,600 a year on the contract signed on 5 October 2024. The previous contract, from October 2022, was AED 33,500; the unit has been rented since May 2016.

How big is unit 411?

890 sqft (82.7 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2015.

What is unit 411 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 411, Mazaya 32

Starts from the last sale price (AED 632K, 23 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 631,642
Deposit, UAE resident (20%)
AED 126,328
Deposit, non-resident (40%)
AED 252,657
Monthly over 25 years at 3.7%
AED 2,584

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