404, Mazaya 08
Sold prices and rental history: sold twice, last in April 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Mazaya 08
What is 404 worth today?
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Source: Dubai Land Department. Updated 24 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,073 sqft
- Floor
- 4th of 9
- Parking
- G-03
- Developer
- Al Mazaya Real Estate
- Completed
- 2017
- Service charge
- AED 9,500 /yr
- Last sold
- AED 470K · April 2021
- Building
- Mazaya 08
About 404, Mazaya 08
404 is a two-bedroom apartment of 1,073 sqft on the 4th floor of Mazaya 08, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Real Estate. It last sold on 28 April 2021 for AED 470,000, or AED 437 per sqft, 4% below the AED 456 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 24 June 2023, is AED 42,000 a year: a gross yield of 8.9% on the 2021 price, before the service charge of about AED 9,500 a year.
Sales and rents for 404 over time
404 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 08, and where 404 sits
All 36 2-beds →404 last sold in April 2021 at AED 437 per sqft, 4% below what two-beds in Mazaya 08 were fetching at the time (AED 456). Over the last 12 months two-beds sold for AED 825,000 to 850,000, around AED 811 per sqft, and rent for AED 53,800 to 75,000 a year. 404's AED 42,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 1,109 sqft | 825,000 | 743 | ||
| 25 Mar 202625 March 2026 | 1,073 sqft | 850,000 | 791 | ||
| 25 Dec 202525 December 2025 | 1,021 sqft | 850,000 | 832 | ||
| 5 Dec 20255 December 2025 | 1,022 sqft | 850,000 | 831 |
Mazaya 08
Building90 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Real Estate. 5 sold in the last 12 months.
- Typical price per sqft
- AED 798
- Typical sale
- AED 850K
- Typical rent
- AED 56K /yr
- Typical yield
- 7.6%
Other units on the 4th floor
All 90 units in Mazaya 08| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,109 sqft | AED 391KAED 390,500 · Aug 2017August 2017 | ||
| 402 | 2-bed | 1,021 sqft | AED 764KAED 764,108 · Nov 2015November 2015 | ||
| 403 | 2-bed | 1,011 sqft | AED 400KAED 400,000 · Jun 2022June 2022 | 46,000 /yr | |
| 405 | 1-bed | 849 sqft | AED 500KAED 500,000 · May 2024May 2024 | 35,200 /yr | |
| 406 | 1-bed | 833 sqft | AED 400KAED 400,000 · Nov 2023November 2023 | 60,000 /yr | |
| 407 | 3-bed | 1,565 sqft | AED 1.02MAED 1,022,774 · Jun 2017June 2017 | 72,000 /yr | |
| 408 | 3-bed | 1,561 sqft | AED 1.22MAED 1,220,000 · Apr 2025April 2025 | 60,000 /yr | |
| 409 | 1-bed | 827 sqft | AED 557KAED 557,100 · Mar 2015March 2015 | 34,000 /yr | |
| 410 | 1-bed | 858 sqft | AED 581KAED 581,400 · Mar 2015March 2015 | 57,000 /yr |
404, Mazaya 08 in numbers
- Sold twice: first on 26 October 2017 for AED 805,043, last on 28 April 2021 for AED 470,000 (AED 437 per sqft).
- Rented since November 2017 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2021 and recovered to AED 42,000 by June 2023.
- At AED 42,000 a year the gross yield on the 2021 price is 8.9%, before a service charge of about AED 9,500 a year (AED 8.86 per sqft).
- Two-beds in Mazaya 08 sold for AED 825,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 798 per sqft.
Source: Dubai Land Department. Updated 24 June 2023.
Questions about 404, Mazaya 08
What did unit 404 last sell for?
AED 470,000 on 28 April 2021: AED 437 per sqft for 1,073 sqft. The unit has 2 registered sales; the first was AED 805,043 in October 2017.
What is the rent for unit 404?
AED 42,000 a year on the contract renewed on 24 June 2023. The previous contract, from June 2022, was AED 37,000; the unit has been rented since November 2017.
How big is unit 404?
1,073 sqft (99.7 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.
What is unit 404 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 08 sold for AED 825,000 to 850,000 in the last 12 months, around AED 811 per sqft.
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Mortgage on 404, Mazaya 08
Starts from the last sale price (AED 470K, 28 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 470,000
- Deposit, UAE resident (20%)
- AED 94,000
- Deposit, non-resident (40%)
- AED 188,000
- Monthly over 25 years at 3.7%
- AED 1,923
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →