2-bed · 1,274 sqftMazaya - Tala Tower, Liwan · 4th floor · completed 2014

402, Mazaya - Tala Tower

Sold prices and rental history: sold 3 times, last in August 2020, and rented once, from January 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 18 August 2020
Last soldAED 520K18 August 2020
Current rentAED 75K /yr1 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Mazaya - Tala Tower

What is 402 worth today?

Last sold for AED 520,000 in 2020

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18 Aug 2020SoldReady
AED 520,000AED 408 per sqft
1 Jan 2015RentedNew contract
AED 75,000/yr12 months · AED 59 per sqft
25 Dec 2014SoldReady
AED 493,521AED 387 per sqft
3 May 2009Sold by developerOff-plan
AED 987,041AED 774 per sqft

Source: Dubai Land Department. Updated 18 August 2020.

Key facts

Type
2-bed apartment
Size
1,274 sqft
Floor
4th of 8
Parking
G-5
Developer
Al Mazaya Holding Company
Completed
2014
Service charge
AED 12,300 /yr
Last sold
AED 520K · August 2020

About 402, Mazaya - Tala Tower

402 is a two-bedroom apartment of 1,274 sqft on the 4th floor of Mazaya - Tala Tower, a 8-storey tower in Liwan completed in 2014 by Al Mazaya Holding Company. It last sold on 18 August 2020 for AED 520,000, or AED 408 per sqft, in line with the AED 414 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2015. The current contract, signed on 1 January 2015, is AED 75,000 a year: a gross yield of 14.4% on the 2020 price, before the service charge of about AED 12,300 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Mazaya - Tala Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 1,079,658; 2014 AED 615,789; 2015 AED 834,000; 2020 AED 577,413; 2021 AED 585,000; 2024 AED 755,000; 2026 AED 850,000Sold by developer, May 2009: AED 987,041 (AED 774 per sqft)Sold, December 2014: AED 493,521 (AED 387 per sqft)Sold, August 2020: AED 520,000 (AED 408 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in Mazaya - Tala Tower
40K60K80K2014201820222026Typical rent by year: 2014 AED 70,000; 2015 AED 80,000; 2016 AED 78,000; 2017 AED 70,500; 2018 AED 62,000; 2019 AED 56,000; 2020 AED 52,000; 2021 AED 43,000; 2022 AED 47,150; 2023 AED 55,500; 2024 AED 59,500; 2025 AED 65,000; 2026 AED 80,000New contract, January 2015: AED 75,000 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 - Tala Tower, and where 402 sits

All 29 2-beds →

402 last sold in August 2020 at AED 408 per sqft, in line with what two-beds in Mazaya - Tala Tower were fetching at the time (AED 414). Over the last 12 months two-beds sold for AED 780,000 to 1,020,000, around AED 585 per sqft, and rent for AED 56,884 to 100,000 a year. 402's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Jun 2026860,000
11 Mar 2026850,000
3 Mar 20261,020,000
5 Feb 2026820,000
6 2-bed sales in the last 12 months

Mazaya - Tala Tower

Building

63 apartments, 1-bed to 3-bed over 8 floors in Liwan, completed in 2014 by Al Mazaya Holding Company. 6 sold in the last 12 months.

Typical price per sqft
AED 585
Typical sale
AED 835K
Typical rent
AED 49K /yr
Typical yield
9.1%
Mazaya - Tala Tower, Liwan: prices, sales and rents →

Other units on the 4th floor

All 63 units in Mazaya - Tala Tower
Value
4011-bedAED 700K · Oct 2015
4031-bedAED 389K · Jul 2020
4042-bedAED 820K · Feb 2026
4052-bedAED 678K · Jul 2020
4062-bedAED 670K · Jan 2021
4072-bedAED 585K · Feb 2020

402, Mazaya - Tala Tower in numbers

  • Sold 3 times: first on 3 May 2009 for AED 987,041, last on 18 August 2020 for AED 520,000 (AED 408 per sqft).
  • Rented since January 2015 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2020 price is 14.4%, before a service charge of about AED 12,300 a year (AED 9.65 per sqft).
  • Two-beds in Mazaya - Tala Tower sold for AED 780,000–1,020,000 in the 12 months to November 2026; the building's median across all types is AED 585 per sqft.

Source: Dubai Land Department. Updated 18 August 2020.

Questions about 402, Mazaya - Tala Tower

What did unit 402 last sell for?

AED 520,000 on 18 August 2020: AED 408 per sqft for 1,274 sqft. The unit has 3 registered sales; the first was AED 987,041 in May 2009.

What is the rent for unit 402?

AED 75,000 a year on the contract signed on 1 January 2015.

How big is unit 402?

1,274 sqft (118.4 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya - Tala Tower sold for AED 780,000 to 1,020,000 in the last 12 months, around AED 585 per sqft.

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Mortgage on 402, Mazaya - Tala Tower

Starts from the last sale price (AED 520K, 18 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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