408, Mazaya 21
Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Mazaya 21
What is 408 worth today?
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Source: Dubai Land Department. Updated 5 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,221 sqft
- Floor
- 4th of 6
- Parking
- G-47
- Developer
- Al Mazaya Holding Company
- Completed
- 2015
- Service charge
- AED 15,200 /yr
- Last sold
- AED 480K · April 2022
- Building
- Mazaya 21
About 408, Mazaya 21
408 is a two-bedroom apartment of 1,221 sqft on the 4th floor of Mazaya 21, a 6-storey tower in Liwan completed in 2015 by Al Mazaya Holding Company. It last sold on 1 April 2022 for AED 480,000, or AED 393 per sqft.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 5 September 2022, is AED 49,000 a year: a gross yield of 10.2% on the 2022 price, before the service charge of about AED 15,200 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 21, and where 408 sits
All 14 2-beds →Over the last 12 months two-beds sold for AED 920,000, around AED 858 per sqft, and rent for AED 68,000 to 79,000 a year. 408's AED 49,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 May 202620 May 2026 | 1,071 sqft | 920,000 | 858 | ||
| 1 Aug 20251 August 2025 | 1,071 sqft | 710,000 | 662 | ||
| 22 Jul 202522 July 2025 | 1,683 sqft | 1,000,000 | 594 | ||
| 7 Aug 20247 August 2024 | 1,075 sqft | 780,000 | 725 |
Mazaya 21
Building55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2015 by Al Mazaya Holding Company. 4 sold in the last 12 months.
- Typical price per sqft
- AED 859
- Typical sale
- AED 610K
- Typical rent
- AED 49K /yr
- Typical yield
- 7.9%
Other units on the 4th floor
All 55 units in Mazaya 21| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 837 sqft | AED 515KAED 515,000 · Jun 2024June 2024 | 55,000 /yr | |
| 402 | 3-bed | 1,906 sqft | AED 1.3MAED 1,300,833 · May 2016May 2016 | ||
| 403 | 1-bed | 593 sqft | AED 500KAED 500,000 · Dec 2024December 2024 | 50,000 /yr | |
| 404 | 2-bed | 1,680 sqft | AED 604KAED 603,522 · May 2016May 2016 | 85,000 /yr | |
| 405 | 2-bed | 1,683 sqft | AED 1MAED 1,000,000 · Jul 2025July 2025 | 61,000 /yr | |
| 406 | 1-bed | 593 sqft | AED 270KAED 270,000 · Dec 2022December 2022 | 36,225 /yr | |
| 407 | 1-bed | 594 sqft | AED 290KAED 290,000 · Dec 2022December 2022 | 48,000 /yr | |
| 409 | 1-bed | 831 sqft | AED 500KAED 500,000 · Nov 2018November 2018 | 52,000 /yr |
408, Mazaya 21 in numbers
- Sold twice: first on 25 May 2009 for AED 183,968, last on 1 April 2022 for AED 480,000 (AED 393 per sqft).
- Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2021 and recovered to AED 49,000 by September 2022.
- At AED 49,000 a year the gross yield on the 2022 price is 10.2%, before a service charge of about AED 15,200 a year (AED 12.47 per sqft).
- Two-beds in Mazaya 21 sold for AED 920,000–920,000 in the 12 months to November 2026; the building's median across all types is AED 859 per sqft.
Source: Dubai Land Department. Updated 5 September 2022.
Questions about 408, Mazaya 21
What did unit 408 last sell for?
AED 480,000 on 1 April 2022: AED 393 per sqft for 1,221 sqft. The unit has 2 registered sales; the first was AED 183,968 in May 2009.
What is the rent for unit 408?
AED 49,000 a year on the contract signed on 5 September 2022. The previous contract, from May 2021, was AED 38,000; the unit has been rented since April 2019.
How big is unit 408?
1,221 sqft (113.4 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2015.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 21 sold for AED 920,000 to 920,000 in the last 12 months, around AED 858 per sqft.
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Mortgage on 408, Mazaya 21
Starts from the last sale price (AED 480K, 1 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →