2-bed · 1,220 sqftMazaya 05, Liwan · 14th floor · completed 2018

1408, Mazaya 05

Sold prices and rental history: sold once, by the developer in September 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 28 March 2026
Last soldAED 446K11 September 2018
Current rentAED 90K /yr28 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Mazaya 05

What is 1408 worth today?

Last sold for AED 446,250 in 2018

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28 Mar 2026RentedNew contract
AED 90,000/yr12 months · AED 74 per sqft
1 Jan 2023RentedNew contract
AED 96,000/yr12 months · AED 79 per sqft
11 Sep 2018Sold by developerReady
AED 446,250AED 365 per sqft

Source: Dubai Land Department. Updated 28 March 2026.

Key facts

Type
2-bed apartment
Size
1,220 sqft
Floor
14th of 14
Parking
G-110
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2018
Service charge
AED 11,800 /yr
Last sold
AED 446K · September 2018
Building
Mazaya 05

About 1408, Mazaya 05

1408 is a two-bedroom apartment of 1,220 sqft on the 14th floor of Mazaya 05, a 14-storey tower in Liwan completed in 2018 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 11 September 2018 for AED 446,250, or AED 365 per sqft, 48% below the AED 701 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 28 March 2026, is AED 90,000 a year: a gross yield of 20.2% on the 2018 price, before the service charge of about AED 11,800 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical two-bed in Mazaya 05
500K1M2017202020232026Typical sale price by year: 2017 AED 859,639; 2018 AED 864,914; 2019 AED 842,672; 2024 AED 840,000; 2025 AED 1,045,000Sold by developer, September 2018: AED 446,250 (AED 365 per sqft)

1408 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, each contractTypical two-bed in Mazaya 05
50K75K100K2018202120242027Typical rent by year: 2018 AED 65,000; 2019 AED 55,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 52,500; 2023 AED 55,125; 2024 AED 68,000; 2025 AED 72,000; 2026 AED 82,000New contract, January 2023: AED 96,000 a yearNew contract, March 2026: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 05, and where 1408 sits

All 42 2-beds →

1408 last sold in September 2018 at AED 365 per sqft, 48% below what two-beds in Mazaya 05 were fetching at the time (AED 701). Over the last 12 months two-beds sold for AED 1,050,000 to 1,130,000, around AED 843 per sqft, and rent for AED 51,000 to 90,000 a year. 1408's AED 90,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jan 20261,130,000
9 Dec 20251,060,000
27 Nov 20251,050,000
19 Jun 20251,040,000
3 2-bed sales in the last 12 months

Mazaya 05

Building

154 apartments, studios to 2-bed over 14 floors in Liwan, completed in 2018 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . 8 sold in the last 12 months.

Typical price per sqft
AED 842
Typical sale
AED 693K
Typical rent
AED 53K /yr
Typical yield
7.7%
Mazaya 05, Liwan: prices, sales and rents →

Other units on the 14th floor

All 154 units in Mazaya 05
Value
14011-bedAED 711K · Feb 2019
14022-bedAED 597K · Aug 2021
14032-bedAED 980K · Mar 2025
14041-bedAED 650K · May 2019
14051-bedAED 668K · Jul 2019
14061-bedAED 660K · Jul 2019
14071-bedAED 661K · Jul 2019
1–7 of 10

1408, Mazaya 05 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 11 September 2018 for AED 446,250, or AED 365 per sqft.
  • Rented since January 2023 on 2 Ejari contracts, from AED 96,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2018 price is 20.2%, before a service charge of about AED 11,800 a year (AED 9.68 per sqft).
  • Two-beds in Mazaya 05 sold for AED 1,050,000–1,130,000 in the 12 months to November 2026; the building's median across all types is AED 842 per sqft.

Source: Dubai Land Department. Updated 28 March 2026.

Questions about 1408, Mazaya 05

What did unit 1408 last sell for?

AED 446,250 on 11 September 2018, sold by the developer: AED 365 per sqft for 1,220 sqft. It is the only registered sale of the unit.

What is the rent for unit 1408?

AED 90,000 a year on the contract signed on 28 March 2026. The previous contract, from January 2023, was AED 96,000.

How big is unit 1408?

1,220 sqft (113.3 sqm): a two-bedroom apartment on the 14th floor of a 14-storey tower completed in 2018.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 05 sold for AED 1,050,000 to 1,130,000 in the last 12 months, around AED 843 per sqft.

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Mortgage on 1408, Mazaya 05

Starts from the last sale price (AED 446K, 11 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 446,250
Deposit, UAE resident (20%)
AED 89,250
Deposit, non-resident (40%)
AED 178,500
Monthly over 25 years at 3.7%
AED 1,826

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