408, Mazaya 15
Sold prices and rental history: sold twice, last in October 2026, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Mazaya 15
What is 408 worth today?
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Source: Dubai Land Department. Updated 12 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 834 sqft
- Floor
- 4th of 10
- Parking
- G-09
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 8,000 /yr
- Last sold
- AED 620K · October 2026
- Building
- Mazaya 15
About 408, Mazaya 15
408 is a one-bedroom apartment of 834 sqft on the 4th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 12 October 2026 for AED 620,000, or AED 743 per sqft, in line with the AED 730 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 16 May 2025, is AED 350,000 a year: a gross yield of 56.5% on the 2026 price, before the service charge of about AED 8,000 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 15, and where 408 sits
All 48 1-beds →408 last sold in October 2026 at AED 743 per sqft, in line with what one-beds in Mazaya 15 were fetching at the time (AED 730). Over the last 12 months one-beds sold for AED 495,000 to 655,979, around AED 730 per sqft, and rent for AED 38,808 to 56,000 a year. 408's AED 350,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jun 20268 June 2026 | 668 sqft | 495,000 | 740 | ||
| 15 Apr 202615 April 2026 | 765 sqft | 550,000 | 719 | ||
| 6 Jan 20266 January 2026 | 1,143 sqft | 655,979 | 573 | ||
| 15 Jul 202515 July 2025 | 725 sqft | 550,000 | 758 |
Mazaya 15
Building82 apartments, 1-bed to 3-bed over 10 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 6 sold in the last 12 months.
- Typical price per sqft
- AED 737
- Typical sale
- AED 638K
- Typical rent
- AED 52K /yr
- Typical yield
- 8.8%
Other units on the 4th floor
All 82 units in Mazaya 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 728 sqft | AED 318KAED 317,500 · Sep 2022September 2022 | 25,000 /yr | |
| 402 | 1-bed | 668 sqft | AED 285KAED 285,000 · May 2022May 2022 | 25,000 /yr | |
| 403 | 2-bed | 316 sqft | AED 816KAED 815,687 · Apr 2009April 2009 | 48,000 /yr | |
| 404 | 1-bed | 844 sqft | AED 401KAED 400,750 · Jul 2023July 2023 | 40,910 /yr | |
| 405 | 1-bed | 698 sqft | AED 510KAED 510,000 · Nov 2015November 2015 | 44,000 /yr | |
| 406 | 1-bed | 718 sqft | AED 525KAED 525,000 · Mar 2025March 2025 | 48,000 /yr | |
| 407 | 1-bed | 698 sqft | AED 300KAED 300,000 · Oct 2021October 2021 | 48,000 /yr | |
| 409 | 2-bed | 1,146 sqft | AED 816KAED 815,687 · Apr 2009April 2009 | 55,650 /yr | |
| 410 | 1-bed | 725 sqft | AED 498KAED 498,000 · Oct 2015October 2015 | 29,000 /yr |
408, Mazaya 15 in numbers
- Sold twice: first on 13 January 2016 for AED 708,985, last on 12 October 2026 for AED 620,000 (AED 743 per sqft).
- Rented since February 2016 on 6 Ejari contracts. The rent fell from AED 56,000 to AED 46,000 in 2017 and recovered to AED 350,000 by May 2025.
- At AED 350,000 a year the gross yield on the 2026 price is 56.5%, before a service charge of about AED 8,000 a year (AED 9.65 per sqft).
- One-beds in Mazaya 15 sold for AED 495,000–655,979 in the 12 months to November 2026; the building's median across all types is AED 737 per sqft.
Source: Dubai Land Department. Updated 12 October 2026.
Questions about 408, Mazaya 15
What did unit 408 last sell for?
AED 620,000 on 12 October 2026: AED 743 per sqft for 834 sqft. The unit has 2 registered sales; the first was AED 708,985 in January 2016.
What is the rent for unit 408?
AED 350,000 a year on the contract signed on 16 May 2025. The previous contract, from May 2025, was AED 350,000; the unit has been rented since February 2016.
How big is unit 408?
834 sqft (77.5 sqm): a one-bedroom apartment on the 4th floor of a 10-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 15 sold for AED 495,000 to 655,979 in the last 12 months, around AED 730 per sqft.
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Mortgage on 408, Mazaya 15
Starts from the last sale price (AED 620K, 12 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 620,000
- Deposit, UAE resident (20%)
- AED 124,000
- Deposit, non-resident (40%)
- AED 248,000
- Monthly over 25 years at 3.7%
- AED 2,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →