405, Mazaya - Tala Tower
Sold prices and rental history: sold once, by the developer in July 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Mazaya - Tala Tower
What is 405 worth today?
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Source: Dubai Land Department. Updated 22 July 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,616 sqft
- Floor
- 4th of 8
- Parking
- G-56
- Developer
- Al Mazaya Holding Company
- Completed
- 2014
- Service charge
- AED 15,600 /yr
- Last sold
- AED 678K · July 2020
- Building
- Mazaya - Tala Tower
About 405, Mazaya - Tala Tower
405 is a two-bedroom apartment of 1,616 sqft on the 4th floor of Mazaya - Tala Tower, a 8-storey tower in Liwan completed in 2014 by Al Mazaya Holding Company. The developer sold it on 22 July 2020 for AED 678,000, or AED 419 per sqft, in line with the AED 419 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 15 November 2018, is AED 68,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 15,600 a year.
Sales and rents for 405 over time
405 has sold once; the dashed line is the two-bed median of each year in the building.
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 405 sits
All 29 2-beds →405 last sold in July 2020 at AED 419 per sqft, in line with what two-beds in Mazaya - Tala Tower were fetching at the time (AED 419). 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. 405's AED 68,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jun 202611 June 2026 | 1,410 sqft | 860,000 | 609 | ||
| 11 Mar 202611 March 2026 | 1,386 sqft | 850,000 | 613 | ||
| 3 Mar 20263 March 2026 | 1,576 sqft | 1,020,000 | 647 | ||
| 5 Feb 20265 February 2026 | 1,461 sqft | 820,000 | 561 |
Mazaya - Tala Tower
Building63 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%
Other units on the 4th floor
All 63 units in Mazaya - Tala Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 932 sqft | AED 700KAED 700,000 · Oct 2015October 2015 | 50,000 /yr | |
| 402 | 2-bed | 1,274 sqft | AED 520KAED 520,000 · Aug 2020August 2020 | 75,000 /yr | |
| 403 | 1-bed | 932 sqft | AED 389KAED 388,800 · Jul 2020July 2020 | 42,240 /yr | |
| 404 | 2-bed | 1,461 sqft | AED 820KAED 820,000 · Feb 2026February 2026 | 58,448 /yr | |
| 406 | 2-bed | 1,600 sqft | AED 670KAED 670,000 · Jan 2021January 2021 | 56,000 /yr | |
| 407 | 2-bed | 1,461 sqft | AED 585KAED 585,000 · Feb 2020February 2020 | 81,000 /yr |
405, Mazaya - Tala Tower in numbers
- Sold once: by Al Mazaya Holding Company on 22 July 2020 for AED 678,000, or AED 419 per sqft.
- Rented since July 2014 on 5 Ejari contracts, from AED 65,000 to AED 68,000 a year.
- At AED 68,000 a year the gross yield on the 2020 price is 10.0%, before a service charge of about AED 15,600 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 22 July 2020.
Questions about 405, Mazaya - Tala Tower
What did unit 405 last sell for?
AED 678,000 on 22 July 2020, sold by the developer: AED 419 per sqft for 1,616 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 68,000 a year on the contract signed on 15 November 2018. The previous contract, from November 2017, was AED 74,000; the unit has been rented since July 2014.
How big is unit 405?
1,616 sqft (150.1 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.
What is unit 405 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 405, Mazaya - Tala Tower
Starts from the last sale price (AED 678K, 22 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 678,000
- Deposit, UAE resident (20%)
- AED 135,600
- Deposit, non-resident (40%)
- AED 271,200
- Monthly over 25 years at 3.7%
- AED 2,774
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →