1-bed · 570 sqftMazaya 12, Liwan · 4th floor · completed 2014

408, Mazaya 12

Sold prices and rental history: sold 3 times, last in August 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 9 August 2025
Last soldAED 600K9 August 2025
Current rentAED 50K /yr5 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Mazaya 12

What is 408 worth today?

Last sold for AED 600,000 in 2025

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9 Aug 2025SoldReady
AED 600,000AED 1,052 per sqft
5 Jun 2025RentedNew contract
AED 50,000/yr12 months · AED 88 per sqft
16 Feb 2024RentedNew contract
AED 45,000/yr12 months · AED 79 per sqft
3 Jan 2024SoldReady
AED 355,000AED 622 per sqft
21 Jul 2020RentedNew contract
AED 24,150/yr12 months · AED 42 per sqft
1 Mar 2019RentedNew contract
AED 35,101/yr12 months · AED 62 per sqft
1 Mar 2018RentedNew contract
AED 35,000/yr12 months · AED 61 per sqft
1 Mar 2016RentedNew contract
AED 46,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 9 August 2025.

Key facts

Type
1-bed apartment
Size
570 sqft
Floor
4th of 6
Parking
G-27
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,600 /yr
Last sold
AED 600K · August 2025
Building
Mazaya 12

About 408, Mazaya 12

408 is a one-bedroom apartment of 570 sqft on the 4th floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 9 August 2025 for AED 600,000, or AED 1,052 per sqft, 50% above the AED 701 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 5 June 2025, is AED 50,000 a year: a gross yield of 8.3% on the 2025 price, before the service charge of about AED 5,600 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Mazaya 12
200K400K600K2009201420192024Typical sale price by year: 2009 AED 587,600; 2014 AED 470,000; 2015 AED 450,000; 2016 AED 550,000; 2017 AED 492,087; 2022 AED 295,970; 2023 AED 381,500; 2024 AED 400,000; 2025 AED 467,500Sold by developer, May 2015: AED 193,177 (AED 338 per sqft)Sold, January 2024: AED 355,000 (AED 622 per sqft)Sold, August 2025: AED 600,000 (AED 1,052 per sqft)

408 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in Mazaya 12
20K40K20152018202120242027Typical rent by year: 2015 AED 54,000; 2016 AED 52,000; 2017 AED 49,000; 2018 AED 40,500; 2019 AED 35,000; 2020 AED 28,500; 2021 AED 26,000; 2022 AED 28,000; 2023 AED 32,890; 2024 AED 38,000; 2025 AED 41,250; 2026 AED 45,000New contract, March 2016: AED 46,000 a yearNew contract, March 2018: AED 35,000 a yearNew contract, March 2019: AED 35,101 a yearNew contract, July 2020: AED 24,150 a yearNew contract, February 2024: AED 45,000 a yearNew contract, June 2025: AED 50,000 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 12, and where 408 sits

All 60 1-beds →

408 last sold in August 2025 at AED 1,052 per sqft, 50% above what one-beds in Mazaya 12 were fetching at the time (AED 701). Over the last 12 months one-beds sold for AED 515,000 to 600,000, around AED 636 per sqft, and rent for AED 24,000 to 68,000 a year. 408's AED 50,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 May 2026515,000
24 Nov 2025600,000
21 Jul 2025500,000
18 Jun 2025435,000
2 1-bed sales in the last 12 months

Mazaya 12

Building

96 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 712
Typical sale
AED 700K
Typical rent
AED 50K /yr
Typical yield
8.6%
Mazaya 12, Liwan: prices, sales and rents →

Other units on the 4th floor

All 96 units in Mazaya 12
Value
4012-bedAED 693K · Dec 2014
4022-bedAED 775K · Nov 2024
4031-bedAED 650K · Nov 2015
4041-bedAED 380K · Jun 2019
4052-bedAED 886K · Mar 2015
4062-bedAED 525K · Jul 2019
4071-bedAED 355K · Jan 2024
1–7 of 15

408, Mazaya 12 in numbers

  • Sold 3 times: first on 26 May 2015 for AED 193,177, last on 9 August 2025 for AED 600,000 (AED 1,052 per sqft).
  • Rented since March 2016 on 6 Ejari contracts. The rent fell from AED 46,000 to AED 24,150 in 2020 and recovered to AED 50,000 by June 2025.
  • At AED 50,000 a year the gross yield on the 2025 price is 8.3%, before a service charge of about AED 5,600 a year (AED 9.78 per sqft).
  • One-beds in Mazaya 12 sold for AED 515,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 712 per sqft.

Source: Dubai Land Department. Updated 9 August 2025.

Questions about 408, Mazaya 12

What did unit 408 last sell for?

AED 600,000 on 9 August 2025: AED 1,052 per sqft for 570 sqft. The unit has 3 registered sales; the first was AED 193,177 in May 2015.

What is the rent for unit 408?

AED 50,000 a year on the contract signed on 5 June 2025. The previous contract, from February 2024, was AED 45,000; the unit has been rented since March 2016.

How big is unit 408?

570 sqft (53.0 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 12 sold for AED 515,000 to 600,000 in the last 12 months, around AED 636 per sqft.

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Mortgage on 408, Mazaya 12

Starts from the last sale price (AED 600K, 9 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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