1-bed · 769 sqftMazaya 02, Liwan · 4th floor · completed 2014

408, Mazaya 02

Sold prices and rental history: sold twice, last in July 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 8 March 2026
Last soldAED 262K11 July 2018
Current rentAED 42K /yr8 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Mazaya 02

What is 408 worth today?

Last sold for AED 262,021 in 2018

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8 Mar 2026RentedRenewal
AED 42,446/yr12 months · AED 55 per sqft
8 Mar 2025RentedRenewal
AED 40,425/yr12 months · AED 53 per sqft
8 Mar 2024RentedRenewal
AED 36,750/yr12 months · AED 48 per sqft
9 Mar 2023RentedNew contract
AED 35,101/yr12 months · AED 46 per sqft
20 Oct 2019RentedRenewal
AED 34,000/yr12 months · AED 44 per sqft
20 Oct 2018RentedNew contract
AED 38,000/yr12 months · AED 50 per sqft
11 Jul 2018SoldReady
AED 262,021AED 340 per sqft
29 Nov 2015Sold by developerOff-plan
AED 262,021AED 340 per sqft

Source: Dubai Land Department. Updated 8 March 2026.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
4th of 9
Parking
F-02
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,300 /yr
Last sold
AED 262K · July 2018
Building
Mazaya 02

About 408, Mazaya 02

408 is a one-bedroom apartment of 769 sqft on the 4th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 11 July 2018 for AED 262,021, or AED 340 per sqft, 3% below the AED 352 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 8 March 2026, is AED 42,446 a year: a gross yield of 16.2% on the 2018 price, before the service charge of about AED 7,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Mazaya 02
400K600K2009201420192024Typical sale price by year: 2009 AED 506,552; 2015 AED 317,285; 2016 AED 508,091; 2017 AED 513,000; 2018 AED 275,213; 2020 AED 325,000; 2022 AED 300,000; 2023 AED 380,000; 2024 AED 385,000; 2025 AED 550,000; 2026 AED 561,825Sold by developer, November 2015: AED 262,021 (AED 340 per sqft)Sold, July 2018: AED 262,021 (AED 340 per sqft)

408 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in Mazaya 02
30K40K50K2017202020232026Typical rent by year: 2017 AED 47,500; 2018 AED 44,000; 2019 AED 36,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 35,101; 2024 AED 41,140; 2025 AED 48,000; 2026 AED 48,000New contract, October 2018: AED 38,000 a yearRenewal, October 2019: AED 34,000 a yearNew contract, March 2023: AED 35,101 a yearRenewal, March 2024: AED 36,750 a yearRenewal, March 2025: AED 40,425 a yearRenewal, March 2026: AED 42,446 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 02, and where 408 sits

All 56 1-beds →

408 last sold in July 2018 at AED 340 per sqft, 3% below what one-beds in Mazaya 02 were fetching at the time (AED 352). Over the last 12 months one-beds sold for AED 499,000 to 655,000, around AED 741 per sqft, and rent for AED 41,607 to 60,000 a year. 408's AED 42,446 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Oct 2026620,000
26 Oct 2026573,650
27 Apr 2026499,000
29 Jan 2026550,000
7 1-bed sales in the last 12 months

Mazaya 02

Building

91 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.

Typical price per sqft
AED 727 Up 26.2%
Typical sale
AED 597K
Typical rent
AED 53K /yr
Typical yield
8.2%
Mazaya 02, Liwan: prices, sales and rents →

Other units on the 4th floor

All 91 units in Mazaya 02
Value
4011-bedAED 295K · Oct 2022
4022-bedAED 996K · May 2009
4032-bedAED 850K · Apr 2026
4041-bedAED 420K · Oct 2023
4051-bedAED 578K · May 2009
4061-bedAED 620K · Oct 2026
4071-bedAED 605K · Oct 2017
1–7 of 11

408, Mazaya 02 in numbers

  • Sold twice: first on 29 November 2015 for AED 262,021, last on 11 July 2018 for AED 262,021 (AED 340 per sqft).
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 34,000 in 2019 and recovered to AED 42,446 by March 2026.
  • At AED 42,446 a year the gross yield on the 2018 price is 16.2%, before a service charge of about AED 7,300 a year (AED 9.51 per sqft).
  • One-beds in Mazaya 02 sold for AED 499,000–655,000 in the 12 months to November 2026; the building's median across all types is AED 727 per sqft.

Source: Dubai Land Department. Updated 8 March 2026.

Questions about 408, Mazaya 02

What did unit 408 last sell for?

AED 262,021 on 11 July 2018: AED 340 per sqft for 769 sqft. The unit has 2 registered sales; the first was AED 262,021 in November 2015.

What is the rent for unit 408?

AED 42,446 a year on the contract renewed on 8 March 2026. The previous contract, from March 2025, was AED 40,425; the unit has been rented since October 2018.

How big is unit 408?

769 sqft (71.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2014.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 02 sold for AED 499,000 to 655,000 in the last 12 months, around AED 741 per sqft.

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Mortgage on 408, Mazaya 02

Starts from the last sale price (AED 262K, 11 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 262,021
Deposit, UAE resident (20%)
AED 52,404
Deposit, non-resident (40%)
AED 104,808
Monthly over 25 years at 3.7%
AED 1,072

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