2-bed · 1,053 sqftMazaya 12, Liwan · 4th floor · completed 2014

409, Mazaya 12

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 772K2 February 2009
Current rentAED 58K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Mazaya 12

What is 409 worth today?

Last sold for AED 772,218 in 2009

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1 Mar 2026RentedNew contract
AED 58,000/yr12 months · AED 55 per sqft
28 Feb 2026RentedNew contract
AED 57,657/yr12 months · AED 55 per sqft
1 Mar 2023RentedRenewal
AED 43,826/yr12 months · AED 42 per sqft
1 Mar 2022RentedRenewal
AED 38,000/yr12 months · AED 36 per sqft
1 Feb 2021RentedRenewal
AED 33,231/yr13 months · AED 32 per sqft
1 Feb 2020RentedNew contract
AED 36,000/yr12 months · AED 34 per sqft
5 Dec 2019RentedNew contract
AED 40,000/yr12 months · AED 38 per sqft
12 Apr 2019RentedNew contract
AED 54,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,053 sqft
Floor
4th of 6
Parking
B-38
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 10,300 /yr
Last sold
AED 772K · February 2009
Building
Mazaya 12

About 409, Mazaya 12

409 is a two-bedroom apartment of 1,053 sqft on the 4th floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 2 February 2009 for AED 772,218, or AED 733 per sqft, in line with the AED 733 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 1 March 2026, is AED 58,000 a year: a gross yield of 7.5% on the 2009 price, before the service charge of about AED 10,300 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in Mazaya 12
600K700K800K20092013201720212025Typical sale price by year: 2009 AED 777,695; 2014 AED 742,552; 2015 AED 729,990; 2016 AED 767,500; 2019 AED 600,000; 2024 AED 599,380Sold by developer, February 2009: AED 772,218 (AED 733 per sqft)

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

Rents
Unit 409, each contractTypical two-bed in Mazaya 12
40K60K20152018202120242027Typical rent by year: 2015 AED 72,000; 2016 AED 71,000; 2017 AED 66,820; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 35,500; 2022 AED 38,500; 2023 AED 48,070; 2024 AED 55,500; 2025 AED 58,000; 2026 AED 63,000New contract, April 2015: AED 70,000 a yearNew contract, March 2017: AED 66,820 a yearNew contract, April 2018: AED 55,000 a yearNew contract, April 2019: AED 54,000 a yearNew contract, December 2019: AED 40,000 a yearNew contract, February 2020: AED 36,000 a yearRenewal, February 2021: AED 33,231 a yearRenewal, March 2022: AED 38,000 a yearRenewal, March 2023: AED 43,826 a yearNew contract, February 2026: AED 57,657 a yearNew contract, March 2026: AED 58,000 a year

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

2-beds in Mazaya 12, and where 409 sits

All 30 2-beds →

409 last sold in February 2009 at AED 733 per sqft, in line with what two-beds in Mazaya 12 were fetching at the time (AED 733). Over the last 12 months two-beds sold for AED 800,000, around AED 755 per sqft, and rent for AED 55,650 to 80,000 a year. 409's AED 58,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 2026800,000
22 Nov 2024680,000
8 Nov 2024775,000
9 Sep 2024593,760
1 2-bed sale 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

409, Mazaya 12 in numbers

  • Sold once: by Al Mazaya Real Estate on 2 February 2009 for AED 772,218, or AED 733 per sqft.
  • Rented since April 2015 on 11 Ejari contracts. The rent fell from AED 70,000 to AED 33,231 in 2021 and recovered to AED 58,000 by March 2026.
  • At AED 58,000 a year the gross yield on the 2009 price is 7.5%, before a service charge of about AED 10,300 a year (AED 9.78 per sqft).
  • Two-beds in Mazaya 12 sold for AED 800,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 712 per sqft.

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 409, Mazaya 12

What did unit 409 last sell for?

AED 772,218 on 2 February 2009, sold by the developer: AED 733 per sqft for 1,053 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 58,000 a year on the contract signed on 1 March 2026. The previous contract, from February 2026, was AED 57,657; the unit has been rented since April 2015.

How big is unit 409?

1,053 sqft (97.8 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 12 sold for AED 800,000 to 800,000 in the last 12 months, around AED 755 per sqft.

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Mortgage on 409, Mazaya 12

Starts from the last sale price (AED 772K, 2 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 772,218
Deposit, UAE resident (20%)
AED 154,444
Deposit, non-resident (40%)
AED 308,887
Monthly over 25 years at 3.7%
AED 3,159

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