2-bed · 1,295 sqftMazaya 14, Liwan · 4th floor · completed 2016

408, Mazaya 14

Sold prices and rental history: sold once, by the developer in December 2016, 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 10 April 2026
Last soldAED 648K22 December 2016
Current rentAED 70K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Mazaya 14

What is 408 worth today?

Last sold for AED 647,510 in 2016

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10 Apr 2026RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
15 Sep 2025RentedRenewal
AED 62,000/yr12 months · AED 48 per sqft
15 Sep 2024RentedRenewal
AED 59,000/yr12 months · AED 46 per sqft
15 Sep 2023RentedRenewal
AED 55,500/yr12 months · AED 43 per sqft
15 Sep 2022RentedNew contract
AED 53,000/yr12 months · AED 41 per sqft
5 Mar 2020RentedNew contract
AED 53,000/yr12 months · AED 41 per sqft
1 Jan 2019RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
1 Jan 2018RentedRenewal
AED 73,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
2-bed apartment
Size
1,295 sqft
Floor
4th of 11
Parking
G-73
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 17,600 /yr
Last sold
AED 648K · December 2016
Building
Mazaya 14

About 408, Mazaya 14

408 is a two-bedroom apartment of 1,295 sqft on the 4th floor of Mazaya 14, a 11-storey tower in Liwan completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 22 December 2016 for AED 647,510, or AED 500 per sqft, in line with the AED 500 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 10 April 2026, is AED 70,000 a year: a gross yield of 10.8% on the 2016 price, before the service charge of about AED 17,600 a year.

Sales and rents for 408 over time

Rents
Unit 408, each contractTypical two-bed in Mazaya 14
60K2016201920222025Typical rent by year: 2016 AED 74,000; 2017 AED 74,000; 2018 AED 70,000; 2019 AED 62,000; 2020 AED 55,000; 2021 AED 48,000; 2022 AED 50,000; 2023 AED 53,500; 2024 AED 56,500; 2025 AED 60,000; 2026 AED 67,000New contract, January 2017: AED 73,000 a yearRenewal, January 2018: AED 73,000 a yearRenewal, January 2019: AED 70,000 a yearNew contract, March 2020: AED 53,000 a yearNew contract, September 2022: AED 53,000 a yearRenewal, September 2023: AED 55,500 a yearRenewal, September 2024: AED 59,000 a yearRenewal, September 2025: AED 62,000 a yearNew contract, April 2026: AED 70,000 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 14, and where 408 sits

All 22 2-beds →

408 last sold in December 2016 at AED 500 per sqft, in line with what two-beds in Mazaya 14 were fetching at the time (AED 500). 408's AED 70,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jan 2017664,945
22 Dec 2016664,945
22 Dec 2016641,640
22 Dec 2016665,055
0 2-bed sales in the last 12 months

Mazaya 14

Building

121 apartments, studios to 2-bed over 11 floors in Liwan, completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 49K /yr
Typical yield
Mazaya 14, Liwan: prices, sales and rents →

Other units on the 4th floor

All 121 units in Mazaya 14
Value
4011-bedAED 450K · Dec 2016
4021-bedAED 515K · Dec 2016
4031-bedAED 402K · Dec 2016
4041-bedAED 480K · Dec 2016
4051-bedAED 421K · Dec 2016
4061-bedAED 429K · Dec 2016
407StudioAED 259K · Dec 2016
1–7 of 10

408, Mazaya 14 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 22 December 2016 for AED 647,510, or AED 500 per sqft.
  • Rented since January 2017 on 9 Ejari contracts. The rent fell from AED 73,000 to AED 53,000 in 2022 and recovered to AED 70,000 by April 2026.
  • At AED 70,000 a year the gross yield on the 2016 price is 10.8%, before a service charge of about AED 17,600 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 10 April 2026.

Questions about 408, Mazaya 14

What did unit 408 last sell for?

AED 647,510 on 22 December 2016, sold by the developer: AED 500 per sqft for 1,295 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 70,000 a year on the contract signed on 10 April 2026. The previous contract, from September 2025, was AED 62,000; the unit has been rented since January 2017.

How big is unit 408?

1,295 sqft (120.3 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2016.

What is unit 408 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 408, Mazaya 14

Starts from the last sale price (AED 648K, 22 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 647,510
Deposit, UAE resident (20%)
AED 129,502
Deposit, non-resident (40%)
AED 259,004
Monthly over 25 years at 3.7%
AED 2,649

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