1-bed · 845 sqftMazaya 31, Liwan · 4th floor · completed 2013

406, Mazaya 31

Sold prices and rental history: sold twice, last in October 2021, and rented 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 20 October 2021
Last soldAED 340K11 October 2021
Current rentAED 30K /yr20 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Mazaya 31

What is 406 worth today?

Last sold for AED 340,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Oct 2021RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
11 Oct 2021SoldReady
AED 340,000AED 402 per sqft
5 Sep 2019RentedNew contract
AED 35,000/yr12 months · AED 41 per sqft
5 Mar 2016RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
12 Mar 2015Sold by developerReady
AED 618,121AED 731 per sqft

Source: Dubai Land Department. Updated 20 October 2021.

Key facts

Type
1-bed apartment
Size
845 sqft
Floor
4th of 5
Parking
G-14
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 9,400 /yr
Last sold
AED 340K · October 2021
Building
Mazaya 31

About 406, Mazaya 31

406 is a one-bedroom apartment of 845 sqft on the 4th floor of Mazaya 31, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 11 October 2021 for AED 340,000, or AED 402 per sqft.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 20 October 2021, is AED 30,000 a year: a gross yield of 8.8% on the 2021 price, before the service charge of about AED 9,400 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Mazaya 31
400K600K2009201420192024Typical sale price by year: 2009 AED 595,915; 2014 AED 351,069; 2015 AED 473,030; 2016 AED 362,500; 2024 AED 490,000; 2025 AED 570,000Sold by developer, March 2015: AED 618,121 (AED 731 per sqft)Sold, October 2021: AED 340,000 (AED 402 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 31
20K40K60K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 55,000; 2016 AED 51,500; 2017 AED 48,000; 2018 AED 42,000; 2019 AED 35,000; 2020 AED 29,500; 2021 AED 25,000; 2022 AED 30,500; 2023 AED 35,000; 2024 AED 40,157; 2025 AED 42,000; 2026 AED 52,000New contract, March 2016: AED 50,000 a yearNew contract, September 2019: AED 35,000 a yearNew contract, October 2021: AED 30,000 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 31, and where 406 sits

All 34 1-beds →

Over the last 12 months one-beds sold for AED 495,000 to 500,000, around AED 678 per sqft, and rent for AED 40,000 to 58,000 a year. 406's AED 30,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jan 2026495,000
18 Jun 2025570,000
26 May 2025450,000
15 Apr 2025600,000
2 1-bed sales in the last 12 months

Mazaya 31

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 671
Typical sale
AED 500K
Typical rent
AED 54K /yr
Typical yield
10.1%
Mazaya 31, Liwan: prices, sales and rents →

Other units on the 4th floor

All 61 units in Mazaya 31
Value
4013-bedAED 940K · Dec 2013
4021-bedAED 450K · Nov 2014
4032-bedAED 395K · Jun 2015
4041-bedAED 590K · Dec 2014
4051-bedAED 500K · Oct 2024
4072-bedAED 500K · Feb 2023
4081-bedAED 450K · May 2025
1–7 of 11

406, Mazaya 31 in numbers

  • Sold twice: first on 12 March 2015 for AED 618,121, last on 11 October 2021 for AED 340,000 (AED 402 per sqft).
  • Rented since March 2016 on 3 Ejari contracts, from AED 50,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2021 price is 8.8%, before a service charge of about AED 9,400 a year (AED 11.07 per sqft).
  • One-beds in Mazaya 31 sold for AED 495,000–500,000 in the 12 months to November 2026; the building's median across all types is AED 671 per sqft.

Source: Dubai Land Department. Updated 20 October 2021.

Questions about 406, Mazaya 31

What did unit 406 last sell for?

AED 340,000 on 11 October 2021: AED 402 per sqft for 845 sqft. The unit has 2 registered sales; the first was AED 618,121 in March 2015.

What is the rent for unit 406?

AED 30,000 a year on the contract signed on 20 October 2021. The previous contract, from September 2019, was AED 35,000; the unit has been rented since March 2016.

How big is unit 406?

845 sqft (78.5 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2013.

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 31 sold for AED 495,000 to 500,000 in the last 12 months, around AED 678 per sqft.

Selling 406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 406, Mazaya 31

Starts from the last sale price (AED 340K, 11 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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