406, Mazaya 02
Sold prices and rental history: sold once, by the developer in September 2017, 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 406, Mazaya 02
What is 406 worth today?
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Source: Dubai Land Department. Updated 20 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 994 sqft
- Floor
- 4th of 9
- Parking
- F-08
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 9,400 /yr
- Last sold
- AED 666K · September 2017
- Building
- Mazaya 02
About 406, Mazaya 02
406 is a one-bedroom apartment of 994 sqft on the 4th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 7 September 2017 for AED 665,542, or AED 669 per sqft, in line with the AED 669 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 20 August 2024, is AED 41,140 a year: a gross yield of 6.2% on the 2017 price, before the service charge of about AED 9,400 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 02, and where 406 sits
All 53 1-beds →406 last sold in September 2017 at AED 669 per sqft, in line with what one-beds in Mazaya 02 were fetching at the time (AED 669). Over the last 12 months one-beds sold for AED 545,000 to 655,000, around AED 751 per sqft, and rent for AED 42,000 to 60,000 a year. 406's AED 41,140 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 722 sqft | 550,000 | 761 | ||
| 2 Jan 20262 January 2026 | 996 sqft | 655,000 | 657 | ||
| 25 Dec 202525 December 2025 | 735 sqft | 545,000 | 741 | ||
| 23 Jun 202523 June 2025 | 840 sqft | 560,000 | 666 |
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 | |
| 403 | 2-bed | 1,259 sqft | AED 424KAED 424,412 · Apr 2018April 2018 | 37,000 /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 | |
| 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 |
406, Mazaya 02 in numbers
- Sold once: by Al Mazaya Real Estate on 7 September 2017 for AED 665,542, or AED 669 per sqft.
- Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 32,500 in 2021 and recovered to AED 41,140 by August 2024.
- At AED 41,140 a year the gross yield on the 2017 price is 6.2%, before a service charge of about AED 9,400 a year (AED 9.51 per sqft).
- One-beds in Mazaya 02 sold for AED 545,000–655,000 in the 12 months to November 2026; the building's median across all types is AED 751 per sqft.
Source: Dubai Land Department. Updated 20 August 2024.
Questions about 406, Mazaya 02
What did unit 406 last sell for?
AED 665,542 on 7 September 2017, sold by the developer: AED 669 per sqft for 994 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 41,140 a year on the contract renewed on 20 August 2024. The previous contract, from August 2023, was AED 37,400; the unit has been rented since August 2017.
How big is unit 406?
994 sqft (92.3 sqm): a one-bedroom apartment on the 4th floor of a 9-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. One-beds in Mazaya 02 sold for AED 545,000 to 655,000 in the last 12 months, around AED 751 per sqft.
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Mortgage on 406, Mazaya 02
Starts from the last sale price (AED 666K, 7 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 665,542
- Deposit, UAE resident (20%)
- AED 133,108
- Deposit, non-resident (40%)
- AED 266,217
- Monthly over 25 years at 3.7%
- AED 2,723
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →