1-bed · 628 sqftMazaya 28, Liwan · 4th floor · completed 2013

402, Mazaya 28

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 460K12 November 2024
Current rentAED 44K /yr27 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Mazaya 28

What is 402 worth today?

Last sold for AED 460,000 in 2024

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12 Nov 2024SoldReady
AED 460,000AED 732 per sqft
27 Sep 2024RentedNew contract
AED 44,000/yr12 months · AED 70 per sqft
25 Jan 2022SoldReady
AED 295,000AED 469 per sqft
15 Sep 2021RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
20 Feb 2021RentedNew contract
AED 23,000/yr12 months · AED 37 per sqft
1 Dec 2019RentedRenewal
AED 48,000/yr12 months · AED 77 per sqft
29 Nov 2018RentedNew contract
AED 47,735/yr12 months · AED 76 per sqft
16 Jul 2014SoldReady
AED 224,783AED 357 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
4th of 5
Parking
G-38
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 7,300 /yr
Last sold
AED 460K · November 2024
Building
Mazaya 28

About 402, Mazaya 28

402 is a one-bedroom apartment of 628 sqft on the 4th floor of Mazaya 28, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 12 November 2024 for AED 460,000, or AED 732 per sqft, 15% above the AED 636 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 27 September 2024, is AED 44,000 a year: a gross yield of 9.6% on the 2024 price, before the service charge of about AED 7,300 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Mazaya 28
200K400K600K2009201420192024Typical sale price by year: 2009 AED 449,283; 2014 AED 374,838; 2015 AED 600,000; 2016 AED 590,000; 2018 AED 405,000; 2022 AED 360,000; 2024 AED 400,000Sold by developer, April 2009: AED 449,566 (AED 715 per sqft)Sold, July 2014: AED 224,783 (AED 357 per sqft)Sold, January 2022: AED 295,000 (AED 469 per sqft)Sold, November 2024: AED 460,000 (AED 732 per sqft)

402 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 402, each contractTypical one-bed in Mazaya 28
20K40K60K20142017202020232026Typical rent by year: 2014 AED 45,000; 2015 AED 52,000; 2016 AED 54,500; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 37,000; 2020 AED 28,000; 2021 AED 26,500; 2022 AED 29,450; 2023 AED 35,000; 2024 AED 42,000; 2025 AED 46,000New contract, November 2018: AED 47,735 a yearRenewal, December 2019: AED 48,000 a yearNew contract, February 2021: AED 23,000 a yearNew contract, September 2021: AED 24,000 a yearNew contract, September 2024: AED 44,000 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 28, and where 402 sits

All 34 1-beds →

402 last sold in November 2024 at AED 732 per sqft, 15% above what one-beds in Mazaya 28 were fetching at the time (AED 636). 402's AED 44,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Apr 2025460,000
10 Mar 2025480,000
11 Nov 2024420,000
26 Sep 2024420,000
0 1-bed sales in the last 12 months

Mazaya 28

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 2 sold in the last 12 months.

Typical price per sqft
AED 675
Typical sale
AED 945K
Typical rent
AED 49K /yr
Typical yield
10.0%
Mazaya 28, Liwan: prices, sales and rents →

Other units on the 4th floor

All 61 units in Mazaya 28
Value
4013-bedAED 1.2M · Sep 2016
4032-bedAED 797K · Apr 2009
4041-bedAED 308K · Dec 2014
4051-bedAED 405K · Jun 2018
4061-bedAED 400K · Mar 2024
407AED 750K · Oct 2025
4081-bedAED 420K · Sep 2024
1–7 of 11

402, Mazaya 28 in numbers

  • Sold 4 times: first on 27 April 2009 for AED 449,566, last on 12 November 2024 for AED 460,000 (AED 732 per sqft).
  • Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 47,735 to AED 23,000 in 2021 and recovered to AED 44,000 by September 2024.
  • At AED 44,000 a year the gross yield on the 2024 price is 9.6%, before a service charge of about AED 7,300 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 12 November 2024.

Questions about 402, Mazaya 28

What did unit 402 last sell for?

AED 460,000 on 12 November 2024: AED 732 per sqft for 628 sqft. The unit has 4 registered sales; the first was AED 449,566 in April 2009.

What is the rent for unit 402?

AED 44,000 a year on the contract signed on 27 September 2024. The previous contract, from September 2021, was AED 24,000; the unit has been rented since November 2018.

How big is unit 402?

628 sqft (58.3 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2013.

What is unit 402 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 402, Mazaya 28

Starts from the last sale price (AED 460K, 12 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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