3-bed · 1,561 sqftMazaya 08, Liwan · 4th floor · completed 2017

408, Mazaya 08

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 4 April 2025
Last soldAED 1.22M4 April 2025
Current rentAED 60K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Mazaya 08

What is 408 worth today?

Last sold for AED 1,220,000 in 2025

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4 Apr 2025SoldReady
AED 1,220,000AED 781 per sqft
1 Jul 2021RentedNew contract
AED 60,000/yr12 months · AED 38 per sqft
1 Apr 2020RentedNew contract
AED 57,000/yr12 months · AED 37 per sqft
7 Jun 2019RentedRenewal
AED 73,000/yr12 months · AED 47 per sqft
7 Jun 2018RentedRenewal
AED 84,000/yr12 months · AED 54 per sqft
7 Jun 2017RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
14 Dec 2016Sold by developerOff-plan
AED 1,020,579AED 653 per sqft

Source: Dubai Land Department. Updated 4 April 2025.

Key facts

Type
3-bed apartment
Size
1,561 sqft
Floor
4th of 9
Parking
G-70
Developer
Al Mazaya Real Estate
Completed
2017
Service charge
AED 13,800 /yr
Last sold
AED 1.22M · April 2025
Building
Mazaya 08

About 408, Mazaya 08

408 is a three-bedroom apartment of 1,561 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 4 April 2025 for AED 1,220,000, or AED 781 per sqft, 3% above the AED 755 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 July 2021, is AED 60,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 13,800 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, December 2016: AED 1,020,579 (AED 653 per sqft)Sold, April 2025: AED 1,220,000 (AED 781 per sqft)

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

Rents
Unit 408, 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 91,500New contract, June 2017: AED 85,000 a yearRenewal, June 2018: AED 84,000 a yearRenewal, June 2019: AED 73,000 a yearNew contract, April 2020: AED 57,000 a yearNew contract, July 2021: AED 60,000 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 408 sits

All 18 3-beds →

408 last sold in April 2025 at AED 781 per sqft, 3% above what three-beds in Mazaya 08 were fetching at the time (AED 755). 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. 408's AED 60,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Nov 20251,250,000
17 Mar 20251,170,000
21 Jan 20251,180,000
10 Jan 2024965,000
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
4073-bedAED 1.02M · Jun 2017
1–7 of 9

408, Mazaya 08 in numbers

  • Sold twice: first on 14 December 2016 for AED 1,020,579, last on 4 April 2025 for AED 1,220,000 (AED 781 per sqft).
  • Rented since June 2017 on 5 Ejari contracts, from AED 85,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 13,800 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 2025.

Questions about 408, Mazaya 08

What did unit 408 last sell for?

AED 1,220,000 on 4 April 2025: AED 781 per sqft for 1,561 sqft. The unit has 2 registered sales; the first was AED 1,020,579 in December 2016.

What is the rent for unit 408?

AED 60,000 a year on the contract signed on 1 July 2021. The previous contract, from April 2020, was AED 57,000; the unit has been rented since June 2017.

How big is unit 408?

1,561 sqft (145.0 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit 408 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 408, Mazaya 08

Starts from the last sale price (AED 1.22M, 4 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

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