1-bed · 893 sqftMazaya 03, Liwan · 4th floor · completed 2014

408, Mazaya 03

Sold prices and rental history: no registered sale, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 10 September 2021
Current rentAED 25K /yr10 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Mazaya 03

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10 Sep 2021RentedNew contract
AED 25,000/yr12 months · AED 28 per sqft
1 Feb 2021RentedNew contract
AED 27,000/yr6 months · AED 30 per sqft
8 Dec 2019RentedNew contract
AED 34,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 10 September 2021.

Key facts

Type
1-bed apartment
Size
893 sqft
Floor
4th of 14
Parking
G-101
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,600 /yr
Last sold
No registered sale
Building
Mazaya 03

About 408, Mazaya 03

408 is a one-bedroom apartment of 893 sqft on the 4th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. No sale of the unit is registered with the Dubai Land Department.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 10 September 2021, is AED 25,000 a year, before the service charge of about AED 6,600 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Mazaya 03
300K400K500K2009201420192024Typical sale price by year: 2009 AED 461,258; 2013 AED 491,929; 2014 AED 457,725; 2015 AED 321,081; 2016 AED 450,000; 2017 AED 475,000; 2018 AED 400,000; 2019 AED 375,000; 2021 AED 310,000; 2025 AED 378,327; 2026 AED 450,000

No registered sale of 408; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in Mazaya 03
40K20152017201920212023Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 47,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 25,000; 2022 AED 25,650New contract, December 2019: AED 34,000 a yearNew contract, February 2021: AED 27,000 a yearNew contract, September 2021: AED 25,000 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 03, and where 408 sits

All 147 1-beds →

Over the last 12 months one-beds sold for AED 380,000 to 520,000, around AED 624 per sqft, and rent for AED 40,000 to 50,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jun 2026515,000
30 Apr 2026410,270
4 Apr 2026400,000
31 Jan 2026450,000
7 1-bed sales in the last 12 months

Mazaya 03

Building

219 apartments, studios to 3-bed over 14 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 11 sold in the last 12 months.

Typical price per sqft
AED 571
Typical sale
AED 515K
Typical rent
AED 50K /yr
Typical yield
7.1%
Mazaya 03, Liwan: prices, sales and rents →

Other units on the 4th floor

All 219 units in Mazaya 03
Value
4011-bedAED 455K · Dec 2016
4021-bedAED 359K · Nov 2013
4031-bedAED 457K · May 2009
4041-bedAED 446K · May 2009
4052-bedAED 510K · Feb 2021
4062-bedAED 580K · Oct 2019
4071-bedNo registered sale
1–7 of 18

408, Mazaya 03 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since December 2019 on 3 Ejari contracts, from AED 34,000 to AED 25,000 a year.
  • One-beds in Mazaya 03 sold for AED 380,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.

Source: Dubai Land Department. Updated 10 September 2021.

Questions about 408, Mazaya 03

What is the rent for unit 408?

AED 25,000 a year on the contract signed on 10 September 2021. The previous contract, from February 2021, was AED 27,000; the unit has been rented since December 2019.

How big is unit 408?

893 sqft (83.0 sqm): a one-bedroom apartment on the 4th floor of a 14-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 03 sold for AED 380,000 to 520,000 in the last 12 months, around AED 624 per sqft.

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