406, Mazaya - Tala Tower
Sold prices and rental history: sold once, by the developer in January 2021, 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 406, Mazaya - Tala Tower
What is 406 worth today?
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Source: Dubai Land Department. Updated 31 January 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,600 sqft
- Floor
- 4th of 8
- Parking
- G-53
- Developer
- Al Mazaya Holding Company
- Completed
- 2014
- Service charge
- AED 15,400 /yr
- Last sold
- AED 670K · January 2021
- Building
- Mazaya - Tala Tower
About 406, Mazaya - Tala Tower
406 is a two-bedroom apartment of 1,600 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 31 January 2021 for AED 670,000, or AED 418 per sqft, in line with the AED 407 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 April 2019, is AED 56,000 a year: a gross yield of 8.4% on the 2021 price, before the service charge of about AED 15,400 a year.
Sales and rents for 406 over time
406 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 406 sits
All 29 2-beds →406 last sold in January 2021 at AED 418 per sqft, in line with what two-beds in Mazaya - Tala Tower were fetching at the time (AED 407). 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. 406's AED 56,000 is at the bottom 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 | |
| 405 | 2-bed | 1,616 sqft | AED 678KAED 678,000 · Jul 2020July 2020 | 68,000 /yr | |
| 407 | 2-bed | 1,461 sqft | AED 585KAED 585,000 · Feb 2020February 2020 | 81,000 /yr |
406, Mazaya - Tala Tower in numbers
- Sold once: by Al Mazaya Holding Company on 31 January 2021 for AED 670,000, or AED 418 per sqft.
- Rented since July 2014 on 5 Ejari contracts, from AED 70,000 to AED 56,000 a year.
- At AED 56,000 a year the gross yield on the 2021 price is 8.4%, before a service charge of about AED 15,400 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 31 January 2021.
Questions about 406, Mazaya - Tala Tower
What did unit 406 last sell for?
AED 670,000 on 31 January 2021, sold by the developer: AED 418 per sqft for 1,600 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 56,000 a year on the contract signed on 15 April 2019. The previous contract, from March 2018, was AED 73,500; the unit has been rented since July 2014.
How big is unit 406?
1,600 sqft (148.6 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.
What is unit 406 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 406, Mazaya - Tala Tower
Starts from the last sale price (AED 670K, 31 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 670,000
- Deposit, UAE resident (20%)
- AED 134,000
- Deposit, non-resident (40%)
- AED 268,000
- Monthly over 25 years at 3.7%
- AED 2,741
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →