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2-bed · 1,146 sqftMazaya 15, Liwan · 4th floor · completed 2014

409, Mazaya 15

Sold prices and rental history: sold once, by the developer in April 2009, 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 1 May 2025
Last soldAED 816K26 April 2009
Current rentAED 56K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Mazaya 15

What is 409 worth today?

Last sold for AED 815,687 in 2009

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1 May 2025RentedNew contract
AED 55,650/yr12 months · AED 49 per sqft
1 May 2025RentedNew contract
AED 55,650/yr12 months · AED 49 per sqft
1 May 2022RentedNew contract
AED 43,000/yr12 months · AED 38 per sqft
1 Sep 2020RentedNew contract
AED 43,500/yr12 months · AED 38 per sqft
3 Aug 2018RentedRenewal
AED 65,000/yr12 months · AED 57 per sqft
3 Aug 2017RentedNew contract
AED 65,000/yr12 months · AED 57 per sqft
26 Apr 2009Sold by developerOff-plan
AED 815,687AED 711 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
1,146 sqft
Floor
4th of 10
Parking
G-48
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,100 /yr
Last sold
AED 816K · April 2009
Building
Mazaya 15

About 409, Mazaya 15

409 is a two-bedroom apartment of 1,146 sqft on the 4th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 26 April 2009 for AED 815,687, or AED 711 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 May 2025, is AED 55,650 a year: a gross yield of 6.8% on the 2009 price, before the service charge of about AED 11,100 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in Mazaya 15
600K800K1M2009201420192024Typical sale price by year: 2009 AED 815,687; 2015 AED 583,063; 2016 AED 650,158; 2017 AED 1,000,000; 2024 AED 800,000; 2025 AED 870,000Sold by developer, April 2009: AED 815,687 (AED 711 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 15
40K60K80K20152018202120242027Typical rent by year: 2015 AED 85,000; 2016 AED 77,500; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 57,000; 2020 AED 45,000; 2021 AED 43,500; 2022 AED 43,000; 2023 AED 51,250; 2024 AED 51,000; 2025 AED 56,990; 2026 AED 69,500New contract, August 2017: AED 65,000 a yearRenewal, August 2018: AED 65,000 a yearNew contract, September 2020: AED 43,500 a yearNew contract, May 2022: AED 43,000 a yearNew contract, May 2025: AED 55,650 a yearNew contract, May 2025: AED 55,650 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 15, and where 409 sits

All 26 2-beds →

Over the last 12 months two-beds sold for AED 860,000, around AED 743 per sqft, and rent for AED 47,000 to 80,000 a year. 409's AED 55,650 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Apr 2026860,000
20 Oct 2025860,000
18 Jun 2025870,000
13 May 20251,080,000
1 2-bed sale in the last 12 months

Mazaya 15

Building

82 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%
Mazaya 15, Liwan: prices, sales and rents →

Other units on the 4th floor

All 82 units in Mazaya 15
Value
4011-bedAED 318K · Sep 2022
4021-bedAED 285K · May 2022
4032-bedAED 816K · Apr 2009
4041-bedAED 401K · Jul 2023
4051-bedAED 510K · Nov 2015
4061-bedAED 525K · Mar 2025
4071-bedAED 300K · Oct 2021
1–7 of 9

409, Mazaya 15 in numbers

  • Sold once: by Al Mazaya Real Estate on 26 April 2009 for AED 815,687, or AED 711 per sqft.
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 43,000 in 2022 and recovered to AED 55,650 by May 2025.
  • At AED 55,650 a year the gross yield on the 2009 price is 6.8%, before a service charge of about AED 11,100 a year (AED 9.65 per sqft).
  • Two-beds in Mazaya 15 sold for AED 860,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 737 per sqft.

Source: Dubai Land Department. Updated 1 May 2025.

Questions about 409, Mazaya 15

What did unit 409 last sell for?

AED 815,687 on 26 April 2009, sold by the developer: AED 711 per sqft for 1,146 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 55,650 a year on the contract signed on 1 May 2025. The previous contract, from May 2025, was AED 55,650; the unit has been rented since August 2017.

How big is unit 409?

1,146 sqft (106.5 sqm): a two-bedroom apartment on the 4th floor of a 10-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 15 sold for AED 860,000 to 860,000 in the last 12 months, around AED 743 per sqft.

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Mortgage on 409, Mazaya 15

Starts from the last sale price (AED 816K, 26 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 815,687
Deposit, UAE resident (20%)
AED 163,137
Deposit, non-resident (40%)
AED 326,275
Monthly over 25 years at 3.7%
AED 3,337

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