1-bed · 593 sqftMazaya 21, Liwan · 4th floor · completed 2015

406, Mazaya 21

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 April 2023
Last soldAED 270K13 December 2022
Current rentAED 27K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Mazaya 21

What is 406 worth today?

Last sold for AED 270,000 in 2022

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1 Apr 2023RentedNew contract
AED 27,000/yr12 months · AED 46 per sqft
13 Dec 2022SoldReady
AED 270,000AED 455 per sqft
1 Apr 2021RentedNew contract
AED 22,000/yr12 months · AED 37 per sqft
15 Mar 2020RentedRenewal
AED 35,000/yr12 months · AED 27 per sqft
15 Mar 2019RentedRenewal
AED 37,000/yr12 months · AED 29 per sqft
15 Mar 2018RentedRenewal
AED 45,000/yr12 months · AED 35 per sqft
15 Mar 2017RentedRenewal
AED 48,000/yr12 months · AED 37 per sqft
15 Mar 2016RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 1 April 2023.

Key facts

Type
1-bed apartment
Size
593 sqft
Floor
4th of 6
Parking
G-19
Developer
Al Mazaya Holding Company
Completed
2015
Service charge
AED 7,400 /yr
Last sold
AED 270K · December 2022
Building
Mazaya 21

About 406, Mazaya 21

406 is a one-bedroom apartment of 593 sqft on the 4th floor of Mazaya 21, a 6-storey tower in Liwan completed in 2015 by Al Mazaya Holding Company. It last sold on 13 December 2022 for AED 270,000, or AED 455 per sqft, in line with the AED 460 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 April 2023, is AED 27,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 7,400 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Mazaya 21
400K2015201820212024Typical sale price by year: 2015 AED 463,430; 2016 AED 488,954; 2017 AED 540,000; 2018 AED 500,000; 2020 AED 490,000; 2022 AED 270,000; 2023 AED 370,000; 2024 AED 442,500Sold by developer, October 2015: AED 435,929 (AED 735 per sqft)Sold, December 2022: AED 270,000 (AED 455 per sqft)

406 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, each contractTypical one-bed in Mazaya 21
20K40K2016201920222025Typical rent by year: 2016 AED 48,000; 2017 AED 44,500; 2018 AED 41,500; 2019 AED 35,000; 2020 AED 26,000; 2021 AED 25,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 42,950; 2025 AED 48,000New contract, March 2016: AED 50,000 a yearRenewal, March 2017: AED 48,000 a yearRenewal, March 2018: AED 45,000 a yearRenewal, March 2019: AED 37,000 a yearRenewal, March 2020: AED 35,000 a yearNew contract, April 2021: AED 22,000 a yearNew contract, April 2023: AED 27,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mazaya 21, and where 406 sits

All 34 1-beds →

406 last sold in December 2022 at AED 455 per sqft, in line with what one-beds in Mazaya 21 were fetching at the time (AED 460). Over the last 12 months one-beds sold for AED 630,000, around AED 767 per sqft, and rent for AED 38,000 to 53,000 a year. 406's AED 27,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jun 2025480,000
18 Feb 2025480,000
4 Dec 2024500,000
4 Jun 2024515,000
1 1-bed sale in the last 12 months

Mazaya 21

Building

55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2015 by Al Mazaya Holding Company. 1 sold in the last 12 months.

Typical price per sqft
AED 767
Typical sale
AED 630K
Typical rent
AED 52K /yr
Typical yield
9.6%
Mazaya 21, Liwan: prices, sales and rents →

Other units on the 4th floor

All 55 units in Mazaya 21
Value
4011-bedAED 515K · Jun 2024
4023-bedAED 1.3M · May 2016
4031-bedAED 500K · Dec 2024
4042-bedAED 604K · May 2016
4052-bedAED 1M · Jul 2025
4071-bedAED 290K · Dec 2022
4082-bedAED 480K · Apr 2022
1–7 of 8

406, Mazaya 21 in numbers

  • Sold twice: first on 26 October 2015 for AED 435,929, last on 13 December 2022 for AED 270,000 (AED 455 per sqft).
  • Rented since March 2016 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 22,000 in 2021 and recovered to AED 27,000 by April 2023.
  • At AED 27,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 7,400 a year (AED 12.47 per sqft).
  • One-beds in Mazaya 21 sold for AED 630,000–630,000 in the 12 months to November 2026; the building's median across all types is AED 767 per sqft.

Source: Dubai Land Department. Updated 1 April 2023.

Questions about 406, Mazaya 21

What did unit 406 last sell for?

AED 270,000 on 13 December 2022: AED 455 per sqft for 593 sqft. The unit has 2 registered sales; the first was AED 435,929 in October 2015.

What is the rent for unit 406?

AED 27,000 a year on the contract signed on 1 April 2023. The previous contract, from April 2021, was AED 22,000; the unit has been rented since March 2016.

How big is unit 406?

593 sqft (55.1 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2015.

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 21 sold for AED 630,000 to 630,000 in the last 12 months, around AED 767 per sqft.

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Mortgage on 406, Mazaya 21

Starts from the last sale price (AED 270K, 13 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 270,000
Deposit, UAE resident (20%)
AED 54,000
Deposit, non-resident (40%)
AED 108,000
Monthly over 25 years at 3.7%
AED 1,105

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →