2-bed · 1,115 sqftMazaya 28, Liwan · 4th floor · completed 2013

403, Mazaya 28

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 24 February 2025
Last soldAED 797K26 April 2009
Current rentAED 60K /yr24 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Mazaya 28

What is 403 worth today?

Last sold for AED 797,083 in 2009

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24 Feb 2025RentedNew contract
AED 60,000/yr12 months · AED 54 per sqft
1 Dec 2023RentedRenewal
AED 40,000/yr12 months · AED 36 per sqft
1 Jul 2020RentedNew contract
AED 45,000/yr12 months · AED 40 per sqft
1 Jul 2018RentedRenewal
AED 60,000/yr12 months · AED 54 per sqft
1 Jul 2017RentedNew contract
AED 60,000/yr12 months · AED 54 per sqft
7 May 2016RentedRenewal
AED 76,000/yr12 months · AED 68 per sqft
7 May 2015RentedNew contract
AED 68,000/yr12 months · AED 61 per sqft
7 May 2014RentedNew contract
AED 67,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 24 February 2025.

Key facts

Type
2-bed apartment
Size
1,115 sqft
Floor
4th of 5
Parking
G-63
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 13,000 /yr
Last sold
AED 797K · April 2009
Building
Mazaya 28

About 403, Mazaya 28

403 is a two-bedroom apartment of 1,115 sqft on the 4th floor of Mazaya 28, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. The developer sold it on 26 April 2009 for AED 797,083, or AED 715 per sqft, in line with the AED 715 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 24 February 2025, is AED 60,000 a year: a gross yield of 7.5% on the 2009 price, before the service charge of about AED 13,000 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Mazaya 28
600K700K800K2009201120132015Typical sale price by year: 2009 AED 797,083; 2014 AED 600,000; 2015 AED 630,226Sold by developer, April 2009: AED 797,083 (AED 715 per sqft)

403 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 403, each contractTypical two-bed in Mazaya 28
40K60K80K20142017202020232026Typical rent by year: 2014 AED 70,000; 2015 AED 70,000; 2016 AED 75,000; 2017 AED 65,000; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 41,000; 2021 AED 38,850; 2022 AED 45,000; 2023 AED 47,100; 2024 AED 60,000; 2025 AED 62,000New contract, May 2014: AED 67,000 a yearNew contract, May 2015: AED 68,000 a yearRenewal, May 2016: AED 76,000 a yearNew contract, July 2017: AED 60,000 a yearRenewal, July 2018: AED 60,000 a yearNew contract, July 2020: AED 45,000 a yearRenewal, December 2023: AED 40,000 a yearNew contract, February 2025: AED 60,000 a year

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

2-beds in Mazaya 28, and where 403 sits

All 19 2-beds →

403 last sold in April 2009 at AED 715 per sqft, in line with what two-beds in Mazaya 28 were fetching at the time (AED 715). Over the last 12 months two-beds sold for AED 790,000 to 1,100,000, around AED 675 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 2026790,000
2 Jul 2025725,000
24 Feb 2025700,000
24 Apr 2024500,000
2 2-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
4021-bedAED 460K · Nov 2024
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

403, Mazaya 28 in numbers

  • Sold once: by Al Mazaya Real Estate on 26 April 2009 for AED 797,083, or AED 715 per sqft.
  • Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 67,000 to AED 40,000 in 2023 and recovered to AED 60,000 by February 2025.
  • At AED 60,000 a year the gross yield on the 2009 price is 7.5%, before a service charge of about AED 13,000 a year (AED 11.63 per sqft).
  • Two-beds in Mazaya 28 sold for AED 790,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 675 per sqft.

Source: Dubai Land Department. Updated 24 February 2025.

Questions about 403, Mazaya 28

What did unit 403 last sell for?

AED 797,083 on 26 April 2009, sold by the developer: AED 715 per sqft for 1,115 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 60,000 a year on the contract signed on 24 February 2025. The previous contract, from December 2023, was AED 40,000; the unit has been rented since May 2014.

How big is unit 403?

1,115 sqft (103.6 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2013.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 28 sold for AED 790,000 to 1,100,000 in the last 12 months, around AED 675 per sqft.

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Mortgage on 403, Mazaya 28

Starts from the last sale price (AED 797K, 26 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 797,083
Deposit, UAE resident (20%)
AED 159,417
Deposit, non-resident (40%)
AED 318,833
Monthly over 25 years at 3.7%
AED 3,261

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