403, Mazaya 31
Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Mazaya 31
What is 403 worth today?
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Source: Dubai Land Department. Updated 1 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,115 sqft
- Floor
- 4th of 5
- Parking
- G-48
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 12,300 /yr
- Last sold
- AED 395K · June 2015
- Building
- Mazaya 31
About 403, Mazaya 31
403 is a two-bedroom apartment of 1,115 sqft on the 4th floor of Mazaya 31, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. The developer sold it on 17 June 2015 for AED 394,754, or AED 353 per sqft, 4% below the AED 369 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 42,550 a year: a gross yield of 10.8% on the 2015 price, before the service charge of about AED 12,300 a year.
Sales and rents for 403 over time
403 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 31, and where 403 sits
All 20 2-beds →403 last sold in June 2015 at AED 353 per sqft, 4% below what two-beds in Mazaya 31 were fetching at the time (AED 369). Over the last 12 months two-beds sold for AED 750,000, around AED 671 per sqft, and rent for AED 70,000 to 74,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202620 January 2026 | 1,117 sqft | 750,000 | 671 | ||
| 14 May 202514 May 2025 | 1,117 sqft | 745,000 | 667 | ||
| 14 Feb 202514 February 2025 | 1,711 sqft | 845,000 | 493 | ||
| 10 Dec 202410 December 2024 | 1,117 sqft | 655,000 | 586 |
Mazaya 31
Building61 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 671
- Typical sale
- AED 500K
- Typical rent
- AED 54K /yr
- Typical yield
- 10.1%
Other units on the 4th floor
All 61 units in Mazaya 31| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,758 sqft | AED 940KAED 940,000 · Dec 2013December 2013 | 85,000 /yr | |
| 402 | 1-bed | 633 sqft | AED 450KAED 449,566 · Nov 2014November 2014 | 34,650 /yr | |
| 404 | 1-bed | 856 sqft | AED 590KAED 590,025 · Dec 2014December 2014 | 42,000 /yr | |
| 405 | 1-bed | 833 sqft | AED 500KAED 500,000 · Oct 2024October 2024 | 46,000 /yr | |
| 406 | 1-bed | 845 sqft | AED 340KAED 340,000 · Oct 2021October 2021 | 30,000 /yr | |
| 407 | 2-bed | 1,093 sqft | AED 500KAED 500,000 · Feb 2023February 2023 | 45,125 /yr | |
| 408 | 1-bed | 633 sqft | AED 450KAED 450,000 · May 2025May 2025 | 33,154 /yr | |
| 409 | 1-bed | 641 sqft | AED 510KAED 510,000 · Jan 2017January 2017 | 33,000 /yr | |
| 410 | 2-bed | 1,117 sqft | AED 650KAED 650,000 · Aug 2024August 2024 | 36,000 /yr | |
| 411 | 1-bed | 889 sqft | AED 618KAED 617,528 · May 2009May 2009 | 36,385 /yr | |
| 412 | 2-bed | 1,714 sqft | AED 435KAED 435,000 · Mar 2018March 2018 | 72,000 /yr |
403, Mazaya 31 in numbers
- Sold once: by Al Mazaya Real Estate on 17 June 2015 for AED 394,754, or AED 353 per sqft.
- Rented since January 2019 on 3 Ejari contracts, from AED 55,000 to AED 42,550 a year.
- At AED 42,550 a year the gross yield on the 2015 price is 10.8%, before a service charge of about AED 12,300 a year (AED 11.07 per sqft).
- Two-beds in Mazaya 31 sold for AED 750,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 671 per sqft.
Source: Dubai Land Department. Updated 1 December 2022.
Questions about 403, Mazaya 31
What did unit 403 last sell for?
AED 394,754 on 17 June 2015, sold by the developer: AED 353 per sqft for 1,115 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 42,550 a year on the contract renewed on 1 December 2022. The previous contract, from August 2020, was AED 43,000; the unit has been rented since January 2019.
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 31 sold for AED 750,000 to 750,000 in the last 12 months, around AED 671 per sqft.
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Mortgage on 403, Mazaya 31
Starts from the last sale price (AED 395K, 17 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 394,754
- Deposit, UAE resident (20%)
- AED 78,951
- Deposit, non-resident (40%)
- AED 157,902
- Monthly over 25 years at 3.7%
- AED 1,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →