3-bed · 1,565 sqftMazaya 08, Liwan · 4th floor · completed 2017

407, Mazaya 08

Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 4 April 2026
Last soldAED 1.02M20 June 2017
Current rentAED 72K /yr4 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Mazaya 08

What is 407 worth today?

Last sold for AED 1,022,774 in 2017

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4 Apr 2026RentedRenewal
AED 72,000/yr12 months · AED 46 per sqft
4 Apr 2025RentedRenewal
AED 72,000/yr12 months · AED 46 per sqft
4 Apr 2025RentedRenewal
AED 72,000/yr12 months · AED 46 per sqft
4 Apr 2024RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
4 Apr 2023RentedRenewal
AED 60,000/yr12 months · AED 38 per sqft
4 Apr 2022RentedRenewal
AED 60,000/yr12 months · AED 38 per sqft
20 Jun 2017Sold by developerOff-plan
AED 1,022,774AED 653 per sqft

Source: Dubai Land Department. Updated 4 April 2026.

Key facts

Type
3-bed apartment
Size
1,565 sqft
Floor
4th of 9
Parking
G-83
Developer
Al Mazaya Real Estate
Completed
2017
Service charge
AED 13,900 /yr
Last sold
AED 1.02M · June 2017
Building
Mazaya 08

About 407, Mazaya 08

407 is a three-bedroom apartment of 1,565 sqft on the 4th floor of Mazaya 08, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Real Estate. The developer sold it on 20 June 2017 for AED 1,022,774, or AED 653 per sqft, in line with the AED 653 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 4 April 2026, is AED 72,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 13,900 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical three-bed in Mazaya 08
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 1,020,579; 2017 AED 1,027,599; 2020 AED 850,000; 2023 AED 930,000; 2025 AED 1,200,000Sold by developer, June 2017: AED 1,022,774 (AED 653 per sqft)

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

Rents
Unit 407, each contractTypical three-bed in Mazaya 08
60K80K2017202020232026Typical rent by year: 2017 AED 85,000; 2018 AED 76,000; 2019 AED 71,500; 2020 AED 58,000; 2021 AED 60,000; 2022 AED 60,000; 2023 AED 66,000; 2024 AED 90,000; 2025 AED 87,350; 2026 AED 91,500Renewal, April 2022: AED 60,000 a yearRenewal, April 2023: AED 60,000 a yearNew contract, April 2024: AED 70,000 a yearRenewal, April 2025: AED 72,000 a yearRenewal, April 2025: AED 72,000 a yearRenewal, April 2026: AED 72,000 a year

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

3-beds in Mazaya 08, and where 407 sits

All 18 3-beds →

407 last sold in June 2017 at AED 653 per sqft, in line with what three-beds in Mazaya 08 were fetching at the time (AED 653). Over the last 12 months three-beds sold for AED 1,250,000, around AED 798 per sqft, and rent for AED 72,000 to 100,000 a year. 407's AED 72,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Nov 20251,250,000
4 Apr 20251,220,000
17 Mar 20251,170,000
21 Jan 20251,180,000
1 3-bed sale 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
4061-bedAED 400K · Nov 2023
4083-bedAED 1.22M · Apr 2025
1–7 of 9

407, Mazaya 08 in numbers

  • Sold once: by Al Mazaya Real Estate on 20 June 2017 for AED 1,022,774, or AED 653 per sqft.
  • Rented since April 2022 on 6 Ejari contracts, from AED 60,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 13,900 a year (AED 8.86 per sqft).
  • Three-beds in Mazaya 08 sold for AED 1,250,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 798 per sqft.

Source: Dubai Land Department. Updated 4 April 2026.

Questions about 407, Mazaya 08

What did unit 407 last sell for?

AED 1,022,774 on 20 June 2017, sold by the developer: AED 653 per sqft for 1,565 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 72,000 a year on the contract renewed on 4 April 2026. The previous contract, from April 2025, was AED 72,000; the unit has been rented since April 2022.

How big is unit 407?

1,565 sqft (145.4 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 08 sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 798 per sqft.

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Mortgage on 407, Mazaya 08

Starts from the last sale price (AED 1.02M, 20 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,022,774
Deposit, UAE resident (20%)
AED 204,555
Deposit, non-resident (40%)
AED 409,110
Monthly over 25 years at 3.7%
AED 4,184

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