1-bed · 617 sqftMazaya 22, Liwan · 4th floor · completed 2014

409, Mazaya 22

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 25 May 2022
Last soldAED 443K1 February 2009
Current rentAED 26K /yr25 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Mazaya 22

What is 409 worth today?

Last sold for AED 442,665 in 2009

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25 May 2022RentedNew contract
AED 26,000/yr12 months · AED 42 per sqft
25 May 2021RentedNew contract
AED 23,000/yr12 months · AED 37 per sqft
20 Apr 2019RentedNew contract
AED 30,000/yr12 months · AED 49 per sqft
12 Mar 2017RentedRenewal
AED 45,000/yr12 months · AED 73 per sqft
12 Mar 2016RentedRenewal
AED 45,000/yr12 months · AED 73 per sqft
12 Mar 2015RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
1 Feb 2009Sold by developerOff-plan
AED 442,665AED 717 per sqft

Source: Dubai Land Department. Updated 25 May 2022.

Key facts

Type
1-bed apartment
Size
617 sqft
Floor
4th of 6
Parking
G-27
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,500 /yr
Last sold
AED 443K · February 2009
Building
Mazaya 22

About 409, Mazaya 22

409 is a one-bedroom apartment of 617 sqft on the 4th floor of Mazaya 22, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 1 February 2009 for AED 442,665, or AED 717 per sqft, 4% above the AED 692 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 25 May 2022, is AED 26,000 a year: a gross yield of 5.9% on the 2009 price, before the service charge of about AED 7,500 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Mazaya 22
300K400K500K2009201420192024Typical sale price by year: 2009 AED 412,304; 2014 AED 473,930; 2015 AED 360,000; 2017 AED 475,000; 2022 AED 320,000; 2023 AED 410,000; 2024 AED 512,500; 2025 AED 525,000; 2026 AED 505,000Sold by developer, February 2009: AED 442,665 (AED 717 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Mazaya 22
20K40K20152018202120242027Typical rent by year: 2015 AED 48,000; 2016 AED 49,000; 2017 AED 46,563; 2018 AED 40,000; 2019 AED 34,000; 2020 AED 26,250; 2021 AED 24,000; 2022 AED 27,384; 2023 AED 32,000; 2024 AED 36,800; 2025 AED 43,000; 2026 AED 46,000New contract, March 2015: AED 45,000 a yearRenewal, March 2016: AED 45,000 a yearRenewal, March 2017: AED 45,000 a yearNew contract, April 2019: AED 30,000 a yearNew contract, May 2021: AED 23,000 a yearNew contract, May 2022: AED 26,000 a year

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

1-beds in Mazaya 22, and where 409 sits

All 37 1-beds →

409 last sold in February 2009 at AED 717 per sqft, 4% above what one-beds in Mazaya 22 were fetching at the time (AED 692). Over the last 12 months one-beds sold for AED 499,000 to 610,000, around AED 878 per sqft, and rent for AED 40,000 to 58,000 a year. 409's AED 26,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Oct 2026499,000
9 Apr 2026610,000
26 Jan 2026505,000
24 Jul 2025525,000
3 1-bed sales in the last 12 months

Mazaya 22

Building

55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 3 sold in the last 12 months.

Typical price per sqft
AED 878
Typical sale
AED 505K
Typical rent
AED 47K /yr
Typical yield
7.9%
Mazaya 22, Liwan: prices, sales and rents →

Other units on the 4th floor

All 55 units in Mazaya 22
Value
4011-bedAED 530K · Aug 2024
4023-bedAED 1.2M · Jan 2025
4032-bedAED 780K · Apr 2019
4042-bedAED 545K · Jan 2016
4051-bedAED 219K · Jun 2015
4062-bedAED 700K · Aug 2017
4071-bedAED 609K · Feb 2009
1–7 of 8

409, Mazaya 22 in numbers

  • Sold once: by Al Mazaya Real Estate on 1 February 2009 for AED 442,665, or AED 717 per sqft.
  • Rented since March 2015 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 23,000 in 2021 and recovered to AED 26,000 by May 2022.
  • At AED 26,000 a year the gross yield on the 2009 price is 5.9%, before a service charge of about AED 7,500 a year (AED 12.18 per sqft).
  • One-beds in Mazaya 22 sold for AED 499,000–610,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.

Source: Dubai Land Department. Updated 25 May 2022.

Questions about 409, Mazaya 22

What did unit 409 last sell for?

AED 442,665 on 1 February 2009, sold by the developer: AED 717 per sqft for 617 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 26,000 a year on the contract signed on 25 May 2022. The previous contract, from May 2021, was AED 23,000; the unit has been rented since March 2015.

How big is unit 409?

617 sqft (57.3 sqm): a one-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. One-beds in Mazaya 22 sold for AED 499,000 to 610,000 in the last 12 months, around AED 878 per sqft.

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Mortgage on 409, Mazaya 22

Starts from the last sale price (AED 443K, 1 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 442,665
Deposit, UAE resident (20%)
AED 88,533
Deposit, non-resident (40%)
AED 177,066
Monthly over 25 years at 3.7%
AED 1,811

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