1-bed · 856 sqftMazaya 29, Liwan · 4th floor · completed 2013

404, Mazaya 29

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 400K13 October 2023
Current rentAED 37K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Mazaya 29

What is 404 worth today?

Last sold for AED 400,000 in 2023

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20 Jun 2024RentedNew contract
AED 37,191/yr12 months · AED 43 per sqft
13 Oct 2023SoldReady
AED 400,000AED 467 per sqft
20 Jun 2023RentedRenewal
AED 35,420/yr12 months · AED 41 per sqft
20 Jun 2022RentedRenewal
AED 32,200/yr12 months · AED 38 per sqft
20 Jun 2021RentedNew contract
AED 28,000/yr12 months · AED 33 per sqft
12 Apr 2020RentedRenewal
AED 32,308/yr13 months · AED 38 per sqft
25 Feb 2017RentedNew contract
AED 57,000/yr12 months · AED 67 per sqft
25 Feb 2016RentedNew contract
AED 57,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
1-bed apartment
Size
856 sqft
Floor
4th of 5
Parking
G-6
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 10,100 /yr
Last sold
AED 400K · October 2023
Building
Mazaya 29

About 404, Mazaya 29

404 is a one-bedroom apartment of 856 sqft on the 4th floor of Mazaya 29, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 13 October 2023 for AED 400,000, or AED 467 per sqft, in line with the AED 456 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 20 June 2024, is AED 37,191 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 10,100 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Mazaya 29
400K600K20092013201720212025Typical sale price by year: 2009 AED 569,977; 2014 AED 423,397; 2015 AED 304,083; 2016 AED 423,504; 2017 AED 465,000; 2020 AED 350,000; 2022 AED 300,000; 2023 AED 315,000; 2024 AED 396,000Sold by developer, May 2009: AED 600,462 (AED 701 per sqft)Sold, February 2015: AED 600,462 (AED 701 per sqft)Sold, October 2023: AED 400,000 (AED 467 per sqft)

404 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 404, each contractTypical one-bed in Mazaya 29
40K60K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 54,000; 2016 AED 53,500; 2017 AED 47,000; 2018 AED 42,000; 2019 AED 34,500; 2020 AED 29,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 41,500; 2025 AED 48,000; 2026 AED 49,000New contract, February 2016: AED 57,000 a yearNew contract, February 2017: AED 57,000 a yearRenewal, April 2020: AED 32,308 a yearNew contract, June 2021: AED 28,000 a yearRenewal, June 2022: AED 32,200 a yearRenewal, June 2023: AED 35,420 a yearNew contract, June 2024: AED 37,191 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 29, and where 404 sits

All 36 1-beds →

404 last sold in October 2023 at AED 467 per sqft, in line with what one-beds in Mazaya 29 were fetching at the time (AED 456). Over the last 12 months one-beds sold for AED 520,000, around AED 817 per sqft, and rent for AED 36,300 to 53,000 a year. 404's AED 37,191 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 2026520,000
18 Jul 2025750,000
17 Dec 2024410,000
16 Oct 2024450,000
1 1-bed sale in the last 12 months

Mazaya 29

Building

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

Typical price per sqft
AED 817
Typical sale
AED 750K
Typical rent
AED 50K /yr
Typical yield
7.2%
Mazaya 29, Liwan: prices, sales and rents →

Other units on the 4th floor

All 61 units in Mazaya 29
Value
4013-bedAED 760K · Aug 2024
4021-bedAED 465K · Oct 2017
4032-bedAED 764K · May 2009
4051-bedAED 380K · Jun 2024
4061-bedAED 603K · May 2009
4072-bedAED 844K · Dec 2016
4081-bedAED 270K · May 2023
1–7 of 11

404, Mazaya 29 in numbers

  • Sold 3 times: first on 5 May 2009 for AED 600,462, last on 13 October 2023 for AED 400,000 (AED 467 per sqft).
  • Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 57,000 to AED 28,000 in 2021 and recovered to AED 37,191 by June 2024.
  • At AED 37,191 a year the gross yield on the 2023 price is 9.3%, before a service charge of about AED 10,100 a year (AED 11.82 per sqft).
  • One-beds in Mazaya 29 sold for AED 520,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 817 per sqft.

Source: Dubai Land Department. Updated 20 June 2024.

Questions about 404, Mazaya 29

What did unit 404 last sell for?

AED 400,000 on 13 October 2023: AED 467 per sqft for 856 sqft. The unit has 3 registered sales; the first was AED 600,462 in May 2009.

What is the rent for unit 404?

AED 37,191 a year on the contract signed on 20 June 2024. The previous contract, from June 2023, was AED 35,420; the unit has been rented since February 2016.

How big is unit 404?

856 sqft (79.5 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2013.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 29 sold for AED 520,000 to 520,000 in the last 12 months, around AED 817 per sqft.

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Mortgage on 404, Mazaya 29

Starts from the last sale price (AED 400K, 13 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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