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1-bed · 523 sqftMazaya 04, Liwan · 4th floor · completed 2014

409, Mazaya 04

Sold prices and rental history: sold once, by the developer in March 2009, 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 15 January 2020
Last soldAED 366K19 March 2009
Current rentAED 28K /yr15 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Mazaya 04

What is 409 worth today?

Last sold for AED 365,976 in 2009

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15 Jan 2020RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft
20 Dec 2018RentedNew contract
AED 33,684/yr11 months · AED 64 per sqft
1 Dec 2016RentedNew contract
AED 45,000/yr12 months · AED 85 per sqft
1 Dec 2014RentedNew contract
AED 45,000/yr12 months · AED 85 per sqft
19 Mar 2009Sold by developerOff-plan
AED 365,976AED 699 per sqft

Source: Dubai Land Department. Updated 15 January 2020.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
4th of 13
Parking
G-22
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 2,900 /yr
Last sold
AED 366K · March 2009
Building
Mazaya 04

About 409, Mazaya 04

409 is a one-bedroom apartment of 523 sqft on the 4th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 19 March 2009 for AED 365,976, or AED 699 per sqft, 7% below the AED 750 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 15 January 2020, is AED 28,000 a year: a gross yield of 7.6% on the 2009 price, before the service charge of about AED 2,900 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Mazaya 04
300K400K500K2009201420192024Typical sale price by year: 2009 AED 412,907; 2013 AED 389,160; 2014 AED 392,326; 2015 AED 390,794; 2016 AED 460,000; 2017 AED 470,000; 2018 AED 380,000; 2019 AED 340,000; 2020 AED 300,000; 2021 AED 277,500; 2022 AED 277,500; 2023 AED 300,000; 2025 AED 335,000; 2026 AED 316,530Sold by developer, March 2009: AED 365,976 (AED 699 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Mazaya 04
20K40K60K2014201820222026Typical rent by year: 2014 AED 48,000; 2015 AED 48,000; 2016 AED 48,867; 2017 AED 45,514; 2018 AED 40,000; 2019 AED 32,500; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 26,500; 2023 AED 25,000; 2024 AED 35,000; 2025 AED 49,000; 2026 AED 55,000New contract, December 2014: AED 45,000 a yearNew contract, December 2016: AED 45,000 a yearNew contract, December 2018: AED 33,684 a yearNew contract, January 2020: AED 28,000 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 04, and where 409 sits

All 140 1-beds →

409 last sold in March 2009 at AED 699 per sqft, 7% below what one-beds in Mazaya 04 were fetching at the time (AED 750). Over the last 12 months one-beds sold for AED 90,000 to 507,360, around AED 569 per sqft, and rent for AED 22,000 to 60,000 a year. 409's AED 28,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 2026305,000
24 Aug 2026410,000
13 Aug 2026300,000
19 Jul 2026305,000
18 1-bed sales in the last 12 months

Mazaya 04

Building

216 apartments, 1-bed to 3-bed over 13 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 23 sold in the last 12 months.

Typical price per sqft
AED 557 Up 1.5%
Typical sale
AED 340K
Typical rent
AED 53K /yr
Typical yield
14.7%
Mazaya 04, Liwan: prices, sales and rents →

Other units on the 4th floor

All 216 units in Mazaya 04
Value
4011-bedAED 185K · Nov 2021
4022-bedAED 377K · Feb 2015
4032-bedAED 473K · Jul 2022
4041-bedAED 300K · Aug 2026
4051-bedAED 460K · Mar 2016
4061-bedAED 665K · Jun 2015
4071-bedAED 392K · Dec 2014
1–7 of 18

409, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 19 March 2009 for AED 365,976, or AED 699 per sqft.
  • Rented since December 2014 on 4 Ejari contracts, from AED 45,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2009 price is 7.6%, before a service charge of about AED 2,900 a year (AED 5.49 per sqft).
  • One-beds in Mazaya 04 sold for AED 90,000–507,360 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 15 January 2020.

Questions about 409, Mazaya 04

What did unit 409 last sell for?

AED 365,976 on 19 March 2009, sold by the developer: AED 699 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 28,000 a year on the contract signed on 15 January 2020. The previous contract, from December 2018, was AED 33,684; the unit has been rented since December 2014.

How big is unit 409?

523 sqft (48.6 sqm): a one-bedroom apartment on the 4th floor of a 13-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 04 sold for AED 90,000 to 507,360 in the last 12 months, around AED 569 per sqft.

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Mortgage on 409, Mazaya 04

Starts from the last sale price (AED 366K, 19 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 365,976
Deposit, UAE resident (20%)
AED 73,195
Deposit, non-resident (40%)
AED 146,390
Monthly over 25 years at 3.7%
AED 1,497

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