403, Mazaya 02
Sold prices and rental history: sold twice, last in April 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Mazaya 02
What is 403 worth today?
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Source: Dubai Land Department. Updated 25 February 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,259 sqft
- Floor
- 4th of 9
- Parking
- G-64
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,000 /yr
- Last sold
- AED 424K · April 2018
- Building
- Mazaya 02
About 403, Mazaya 02
403 is a two-bedroom apartment of 1,259 sqft on the 4th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 3 April 2018 for AED 424,412, or AED 337 per sqft, 47% below the AED 634 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 25 February 2021, is AED 37,000 a year: a gross yield of 8.7% on the 2018 price, before the service charge of about AED 12,000 a year.
Sales and rents for 403 over time
403 has sold twice; 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 02, and where 403 sits
All 28 2-beds →403 last sold in April 2018 at AED 337 per sqft, 47% below what two-beds in Mazaya 02 were fetching at the time (AED 634). 403's AED 37,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Apr 202530 April 2025 | 1,349 sqft | 777,898 | 576 | ||
| 28 Apr 202528 April 2025 | 1,349 sqft | 695,000 | 515 | ||
| 31 Jan 202531 January 2025 | 1,239 sqft | 710,000 | 572 | ||
| 23 Jan 202523 January 2025 | 1,266 sqft | 725,000 | 572 |
Mazaya 02
Building91 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.
- Typical price per sqft
- AED 751
- Typical sale
- AED 550K
- Typical rent
- AED 58K /yr
- Typical yield
- 7.8%
Other units on the 4th floor
All 91 units in Mazaya 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 652 sqft | AED 295KAED 295,000 · Oct 2022October 2022 | 52,000 /yr | |
| 402 | 2-bed | 1,239 sqft | AED 996KAED 995,855 · May 2009May 2009 | 45,000 /yr | |
| 404 | 1-bed | 996 sqft | AED 420KAED 420,000 · Oct 2023October 2023 | 32,000 /yr | |
| 405 | 1-bed | 840 sqft | AED 578KAED 577,639 · May 2009May 2009 | 54,000 /yr | |
| 406 | 1-bed | 994 sqft | AED 666KAED 665,542 · Sep 2017September 2017 | 41,140 /yr | |
| 407 | 1-bed | 763 sqft | AED 605KAED 605,112 · Oct 2017October 2017 | 46,000 /yr | |
| 408 | 1-bed | 769 sqft | AED 262KAED 262,021 · Jul 2018July 2018 | 40,425 /yr | |
| 409 | 2-bed | 1,348 sqft | AED 957KAED 956,694 · Feb 2016February 2016 | 51,600 /yr | |
| 410 | 1-bed | 736 sqft | AED 410KAED 410,000 · Oct 2023October 2023 | 49,000 /yr | |
| 411 | 1-bed | 722 sqft | AED 244KAED 244,145 · Jul 2020July 2020 | 38,000 /yr | |
| 412 | 1-bed | 735 sqft | AED 588KAED 588,205 · May 2018May 2018 | 48,000 /yr |
403, Mazaya 02 in numbers
- Sold twice: first on 29 November 2015 for AED 424,412, last on 3 April 2018 for AED 424,412 (AED 337 per sqft).
- Rented since August 2017 on 4 Ejari contracts, from AED 65,000 to AED 37,000 a year.
- At AED 37,000 a year the gross yield on the 2018 price is 8.7%, before a service charge of about AED 12,000 a year (AED 9.51 per sqft).
Source: Dubai Land Department. Updated 25 February 2021.
Questions about 403, Mazaya 02
What did unit 403 last sell for?
AED 424,412 on 3 April 2018: AED 337 per sqft for 1,259 sqft. The unit has 2 registered sales; the first was AED 424,412 in November 2015.
What is the rent for unit 403?
AED 37,000 a year on the contract signed on 25 February 2021. The previous contract, from August 2020, was AED 49,932; the unit has been rented since August 2017.
How big is unit 403?
1,259 sqft (117.0 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2014.
What is unit 403 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 403, Mazaya 02
Starts from the last sale price (AED 424K, 3 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 424,412
- Deposit, UAE resident (20%)
- AED 84,882
- Deposit, non-resident (40%)
- AED 169,765
- Monthly over 25 years at 3.7%
- AED 1,736
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →