405, Mazaya 08
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Mazaya 08
What is 405 worth today?
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Source: Dubai Land Department. Updated 29 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 849 sqft
- Floor
- 4th of 9
- Parking
- G-38
- Developer
- Al Mazaya Real Estate
- Completed
- 2017
- Service charge
- AED 7,500 /yr
- Last sold
- AED 500K · May 2024
- Building
- Mazaya 08
About 405, Mazaya 08
405 is a one-bedroom apartment of 849 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 29 May 2024 for AED 500,000, or AED 589 per sqft, in line with the AED 589 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 February 2023, is AED 35,200 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 7,500 a year.
Sales and rents for 405 over time
405 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 08, and where 405 sits
All 36 1-beds →405 last sold in May 2024 at AED 589 per sqft, in line with what one-beds in Mazaya 08 were fetching at the time (AED 589). 405's AED 35,200 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jun 20253 June 2025 | 833 sqft | 690,000 | 828 | ||
| 28 May 202528 May 2025 | 849 sqft | 530,000 | 624 | ||
| 31 Oct 202431 October 2024 | 833 sqft | 555,000 | 666 | ||
| 22 Oct 202422 October 2024 | 858 sqft | 500,000 | 582 |
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 | |
| 404 | 2-bed | 1,073 sqft | AED 470KAED 470,000 · Apr 2021April 2021 | 42,000 /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 |
405, Mazaya 08 in numbers
- Sold 3 times: first on 26 October 2017 for AED 636,473, last on 29 May 2024 for AED 500,000 (AED 589 per sqft).
- Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2021 and recovered to AED 35,200 by February 2023.
- At AED 35,200 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 7,500 a year (AED 8.86 per sqft).
Source: Dubai Land Department. Updated 29 May 2024.
Questions about 405, Mazaya 08
What did unit 405 last sell for?
AED 500,000 on 29 May 2024: AED 589 per sqft for 849 sqft. The unit has 3 registered sales; the first was AED 636,473 in October 2017.
What is the rent for unit 405?
AED 35,200 a year on the contract renewed on 15 February 2023. The previous contract, from February 2022, was AED 32,000; the unit has been rented since December 2018.
How big is unit 405?
849 sqft (78.9 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 405, Mazaya 08
Starts from the last sale price (AED 500K, 29 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →