407, Mazaya - Tala Tower
Sold prices and rental history: sold 4 times, last in February 2020, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Mazaya - Tala Tower
What is 407 worth today?
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Source: Dubai Land Department. Updated 16 February 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,461 sqft
- Floor
- 4th of 8
- Parking
- G-45
- Developer
- Al Mazaya Holding Company
- Completed
- 2014
- Service charge
- AED 14,100 /yr
- Last sold
- AED 585K · February 2020
- Building
- Mazaya - Tala Tower
About 407, Mazaya - Tala Tower
407 is a two-bedroom apartment of 1,461 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 16 February 2020 for AED 585,000, or AED 400 per sqft.
It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 27 September 2016, is AED 81,000 a year: a gross yield of 13.9% on the 2020 price, before the service charge of about AED 14,100 a year.
Sales and rents for 407 over time
407 has sold 4 times; 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 407 sits
All 29 2-beds →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. 407's AED 81,000 is in the upper 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 | |
| 405 | 2-bed | 1,616 sqft | AED 678KAED 678,000 · Jul 2020July 2020 | 68,000 /yr | |
| 406 | 2-bed | 1,600 sqft | AED 670KAED 670,000 · Jan 2021January 2021 | 56,000 /yr |
407, Mazaya - Tala Tower in numbers
- Sold 4 times: first on 14 May 2009 for AED 1,073,628, last on 16 February 2020 for AED 585,000 (AED 400 per sqft).
- Rented since October 2014 on 3 Ejari contracts, from AED 80,000 to AED 81,000 a year.
- At AED 81,000 a year the gross yield on the 2020 price is 13.9%, before a service charge of about AED 14,100 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 16 February 2020.
Questions about 407, Mazaya - Tala Tower
What did unit 407 last sell for?
AED 585,000 on 16 February 2020: AED 400 per sqft for 1,461 sqft. The unit has 4 registered sales; the first was AED 1,073,628 in May 2009.
What is the rent for unit 407?
AED 81,000 a year on the contract renewed on 27 September 2016. The previous contract, from September 2015, was AED 80,552; the unit has been rented since October 2014.
How big is unit 407?
1,461 sqft (135.7 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.
What is unit 407 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 407, Mazaya - Tala Tower
Starts from the last sale price (AED 585K, 16 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 585,000
- Deposit, UAE resident (20%)
- AED 117,000
- Deposit, non-resident (40%)
- AED 234,000
- Monthly over 25 years at 3.7%
- AED 2,393
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →