1-bed · 827 sqftMazaya 08, Liwan · 4th floor · completed 2017

409, Mazaya 08

Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 9 July 2022
Last soldAED 557K2 March 2015
Current rentAED 34K /yr9 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Mazaya 08

What is 409 worth today?

Last sold for AED 557,100 in 2015

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9 Jul 2022RentedRenewal
AED 34,000/yr12 months · AED 41 per sqft
9 Jul 2021RentedNew contract
AED 30,000/yr12 months · AED 36 per sqft
8 Jul 2019RentedRenewal
AED 42,000/yr12 months · AED 51 per sqft
8 Jul 2018RentedRenewal
AED 47,000/yr12 months · AED 57 per sqft
8 Jul 2017RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
2 Mar 2015Sold by developerOff-plan
AED 557,100AED 673 per sqft

Source: Dubai Land Department. Updated 9 July 2022.

Key facts

Type
1-bed apartment
Size
827 sqft
Floor
4th of 9
Parking
G-35
Developer
Al Mazaya Real Estate
Completed
2017
Service charge
AED 7,300 /yr
Last sold
AED 557K · March 2015
Building
Mazaya 08

About 409, Mazaya 08

409 is a one-bedroom apartment of 827 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 2 March 2015 for AED 557,100, or AED 673 per sqft, in line with the AED 677 one-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 9 July 2022, is AED 34,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 7,300 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, March 2015: AED 557,100 (AED 673 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Mazaya 08
40K2017202020232026Typical 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, July 2017: AED 50,000 a yearRenewal, July 2018: AED 47,000 a yearRenewal, July 2019: AED 42,000 a yearNew contract, July 2021: AED 30,000 a yearRenewal, July 2022: AED 34,000 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 409 sits

All 36 1-beds →

409 last sold in March 2015 at AED 673 per sqft, in line with what one-beds in Mazaya 08 were fetching at the time (AED 677). 409's AED 34,000 is at the bottom 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
4061-bedAED 400K · Nov 2023
4073-bedAED 1.02M · Jun 2017
1–7 of 9

409, Mazaya 08 in numbers

  • Sold once: by Al Mazaya Real Estate on 2 March 2015 for AED 557,100, or AED 673 per sqft.
  • Rented since July 2017 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2021 and recovered to AED 34,000 by July 2022.
  • At AED 34,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 7,300 a year (AED 8.86 per sqft).

Source: Dubai Land Department. Updated 9 July 2022.

Questions about 409, Mazaya 08

What did unit 409 last sell for?

AED 557,100 on 2 March 2015, sold by the developer: AED 673 per sqft for 827 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 34,000 a year on the contract renewed on 9 July 2022. The previous contract, from July 2021, was AED 30,000; the unit has been rented since July 2017.

How big is unit 409?

827 sqft (76.8 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit 409 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 409, Mazaya 08

Starts from the last sale price (AED 557K, 2 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 557,100
Deposit, UAE resident (20%)
AED 111,420
Deposit, non-resident (40%)
AED 222,840
Monthly over 25 years at 3.7%
AED 2,279

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