1-bed · 833 sqftMazaya 08, Liwan · 4th floor · completed 2017

406, Mazaya 08

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 400K2 November 2023
Current rentAED 60K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Mazaya 08

What is 406 worth today?

Last sold for AED 400,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jan 2026RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
1 Apr 2024RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
2 Nov 2023SoldReady
AED 400,000AED 480 per sqft
18 Feb 2023RentedNew contract
AED 36,000/yr12 months · AED 43 per sqft
1 Dec 2021RentedRenewal
AED 32,000/yr12 months · AED 39 per sqft
1 Dec 2020RentedRenewal
AED 30,000/yr12 months · AED 36 per sqft
1 Dec 2019RentedRenewal
AED 33,000/yr12 months · AED 40 per sqft
1 Dec 2018RentedRenewal
AED 40,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
833 sqft
Floor
4th of 9
Parking
G-32 0
Developer
Al Mazaya Real Estate
Completed
2017
Service charge
AED 7,400 /yr
Last sold
AED 400K · November 2023
Building
Mazaya 08

About 406, Mazaya 08

406 is a one-bedroom apartment of 833 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 2 November 2023 for AED 400,000, or AED 480 per sqft, in line with the AED 480 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 January 2026, is AED 60,000 a year: a gross yield of 15.0% on the 2023 price, before the service charge of about AED 7,400 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Mazaya 08
400K600K2015201820212024Typical sale price by year: 2015 AED 566,100; 2016 AED 623,710; 2017 AED 643,164; 2018 AED 584,124; 2020 AED 450,000; 2021 AED 360,000; 2023 AED 400,000; 2024 AED 500,000Sold by developer, June 2017: AED 632,331 (AED 759 per sqft)Sold, November 2023: AED 400,000 (AED 480 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Mazaya 08
40K60K2017202020232026Typical rent by year: 2017 AED 50,000; 2018 AED 43,000; 2019 AED 38,000; 2020 AED 32,500; 2021 AED 30,000; 2022 AED 32,200; 2023 AED 35,200; 2024 AED 39,848; 2025 AED 46,000; 2026 AED 53,000New contract, December 2017: AED 48,000 a yearRenewal, December 2018: AED 40,000 a yearRenewal, December 2019: AED 33,000 a yearRenewal, December 2020: AED 30,000 a yearRenewal, December 2021: AED 32,000 a yearNew contract, February 2023: AED 36,000 a yearNew contract, April 2024: AED 50,000 a yearNew contract, January 2026: AED 60,000 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 08, and where 406 sits

All 36 1-beds →

406 last sold in November 2023 at AED 480 per sqft, in line with what one-beds in Mazaya 08 were fetching at the time (AED 480). 406's AED 60,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Jun 2025690,000
28 May 2025530,000
31 Oct 2024555,000
22 Oct 2024500,000
0 1-bed sales in the last 12 months

Mazaya 08

Building

90 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%
Mazaya 08, Liwan: prices, sales and rents →

Other units on the 4th floor

All 90 units in Mazaya 08
Value
4012-bedAED 391K · Aug 2017
4022-bedAED 764K · Nov 2015
4032-bedAED 400K · Jun 2022
4042-bedAED 470K · Apr 2021
4051-bedAED 500K · May 2024
4073-bedAED 1.02M · Jun 2017
4083-bedAED 1.22M · Apr 2025
1–7 of 9

406, Mazaya 08 in numbers

  • Sold twice: first on 20 June 2017 for AED 632,331, last on 2 November 2023 for AED 400,000 (AED 480 per sqft).
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 30,000 in 2020 and recovered to AED 60,000 by January 2026.
  • At AED 60,000 a year the gross yield on the 2023 price is 15.0%, before a service charge of about AED 7,400 a year (AED 8.86 per sqft).

Source: Dubai Land Department. Updated 1 January 2026.

Questions about 406, Mazaya 08

What did unit 406 last sell for?

AED 400,000 on 2 November 2023: AED 480 per sqft for 833 sqft. The unit has 2 registered sales; the first was AED 632,331 in June 2017.

What is the rent for unit 406?

AED 60,000 a year on the contract signed on 1 January 2026. The previous contract, from April 2024, was AED 50,000; the unit has been rented since December 2017.

How big is unit 406?

833 sqft (77.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 406, Mazaya 08

Starts from the last sale price (AED 400K, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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