1-bed · 646 sqftMazaya 01, Liwan · 4th floor · completed 2014

409, Mazaya 01

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 21 August 2023
Last soldAED 320K21 August 2023
Current rentAED 27K /yr3 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Mazaya 01

What is 409 worth today?

Last sold for AED 320,000 in 2023

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21 Aug 2023SoldReady
AED 320,000AED 495 per sqft
5 Oct 2022SoldReady
AED 270,000AED 417 per sqft
3 Feb 2022RentedNew contract
AED 27,000/yr12 months · AED 42 per sqft
15 Aug 2021RentedNew contract
AED 24,000/yr12 months · AED 37 per sqft
20 Jan 2021RentedNew contract
AED 24,000/yr12 months · AED 37 per sqft
22 Aug 2017RentedNew contract
AED 43,000/yr12 months · AED 67 per sqft
6 Jul 2015RentedNew contract
AED 51,000/yr12 months · AED 79 per sqft
6 Jul 2014RentedNew contract
AED 51,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 21 August 2023.

Key facts

Type
1-bed apartment
Size
646 sqft
Floor
4th of 9
Parking
G-62
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 320K · August 2023
Building
Mazaya 01

About 409, Mazaya 01

409 is a one-bedroom apartment of 646 sqft on the 4th floor of Mazaya 01, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 21 August 2023 for AED 320,000, or AED 495 per sqft, 6% above the AED 467 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 3 February 2022, is AED 27,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 6,600 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Mazaya 01
200K400K600K2009201420192024Typical sale price by year: 2009 AED 426,342; 2014 AED 426,342; 2015 AED 540,000; 2016 AED 660,000; 2017 AED 530,000; 2018 AED 385,000; 2022 AED 290,000; 2023 AED 336,500; 2024 AED 415,000; 2025 AED 480,000; 2026 AED 512,500Sold by developer, February 2009: AED 415,098 (AED 642 per sqft)Sold, October 2022: AED 270,000 (AED 417 per sqft)Sold, August 2023: AED 320,000 (AED 495 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Mazaya 01
20K40K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 50,000; 2016 AED 50,000; 2017 AED 45,500; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 29,900; 2023 AED 34,500; 2024 AED 44,000; 2025 AED 48,000; 2026 AED 48,000New contract, July 2014: AED 51,000 a yearNew contract, July 2015: AED 51,000 a yearNew contract, August 2017: AED 43,000 a yearNew contract, January 2021: AED 24,000 a yearNew contract, August 2021: AED 24,000 a yearNew contract, February 2022: AED 27,000 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 01, and where 409 sits

All 50 1-beds →

409 last sold in August 2023 at AED 495 per sqft, 6% above what one-beds in Mazaya 01 were fetching at the time (AED 467). Over the last 12 months one-beds sold for AED 480,000 to 660,000, around AED 749 per sqft, and rent for AED 34,415 to 65,000 a year. 409's AED 27,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2026480,000
1 Oct 2026510,000
24 Sep 2026480,000
14 Aug 2026515,000
11 1-bed sales in the last 12 months

Mazaya 01

Building

78 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 13 sold in the last 12 months.

Typical price per sqft
AED 742 Up 14.1%
Typical sale
AED 520K
Typical rent
AED 51K /yr
Typical yield
8.0%
Mazaya 01, Liwan: prices, sales and rents →

Other units on the 4th floor

All 78 units in Mazaya 01
Value
4011-bedAED 490K · Apr 2025
4021-bedAED 470K · Nov 2024
4031-bedAED 443K · Jun 2015
4041-bedAED 540K · Aug 2026
4051-bedAED 530K · May 2017
4061-bedAED 475K · Feb 2025
4071-bedNo registered sale
1–7 of 11

409, Mazaya 01 in numbers

  • Sold 3 times: first on 12 February 2009 for AED 415,098, last on 21 August 2023 for AED 320,000 (AED 495 per sqft).
  • Rented since July 2014 on 6 Ejari contracts. The rent fell from AED 51,000 to AED 24,000 in 2021 and recovered to AED 27,000 by February 2022.
  • At AED 27,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 6,600 a year (AED 10.28 per sqft).
  • One-beds in Mazaya 01 sold for AED 480,000–660,000 in the 12 months to November 2026; the building's median across all types is AED 742 per sqft.

Source: Dubai Land Department. Updated 21 August 2023.

Questions about 409, Mazaya 01

What did unit 409 last sell for?

AED 320,000 on 21 August 2023: AED 495 per sqft for 646 sqft. The unit has 3 registered sales; the first was AED 415,098 in February 2009.

What is the rent for unit 409?

AED 27,000 a year on the contract signed on 3 February 2022. The previous contract, from August 2021, was AED 24,000; the unit has been rented since July 2014.

How big is unit 409?

646 sqft (60.0 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2014.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 01 sold for AED 480,000 to 660,000 in the last 12 months, around AED 749 per sqft.

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Mortgage on 409, Mazaya 01

Starts from the last sale price (AED 320K, 21 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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