407, Mazaya 23
Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Mazaya 23
What is 407 worth today?
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Source: Dubai Land Department. Updated 28 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 835 sqft
- Floor
- 4th of 6
- Parking
- G-37
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 10,300 /yr
- Last sold
- AED 570K · May 2025
- Building
- Mazaya 23
About 407, Mazaya 23
407 is a one-bedroom apartment of 835 sqft on the 4th floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 28 May 2025 for AED 570,000, or AED 682 per sqft, 6% below the AED 728 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 10 December 2023, is AED 37,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 10,300 a year.
Sales and rents for 407 over time
407 has sold 3 times; 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 23, and where 407 sits
All 37 1-beds →407 last sold in May 2025 at AED 682 per sqft, 6% below what one-beds in Mazaya 23 were fetching at the time (AED 728). Over the last 12 months one-beds sold for AED 510,000 to 650,000, around AED 846 per sqft, and rent for AED 38,325 to 60,000 a year. 407's AED 37,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 579 sqft | 510,000 | 881 | ||
| 5 Aug 20265 August 2026 | 1,066 sqft | 650,000 | 609 | ||
| 26 Feb 202626 February 2026 | 620 sqft | 525,000 | 846 | ||
| 19 Feb 202619 February 2026 | 816 sqft | 620,000 | 759 |
Mazaya 23
Building55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 6 sold in the last 12 months.
- Typical price per sqft
- AED 809
- Typical sale
- AED 585K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.8%
Other units on the 4th floor
All 55 units in Mazaya 23| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 840 sqft | AED 604KAED 604,080 · Feb 2009February 2009 | 46,000 /yr | |
| 402 | 3-bed | 1,730 sqft | AED 699KAED 699,195 · Aug 2014August 2014 | 56,000 /yr | |
| 403 | 2-bed | 1,669 sqft | AED 700KAED 700,000 · Jul 2022July 2022 | 40,000 /yr | |
| 404 | 2-bed | 1,659 sqft | AED 1.1MAED 1,100,000 · Jun 2017June 2017 | 53,850 /yr | |
| 405 | 1-bed | 615 sqft | AED 435KAED 434,876 · Jun 2014June 2014 | 48,000 /yr | |
| 406 | 2-bed | 1,102 sqft | AED 850KAED 850,000 · Jan 2026January 2026 | 50,600 /yr | |
| 408 | 1-bed | 619 sqft | AED 439KAED 439,420 · Aug 2014August 2014 | 44,500 /yr | |
| 409 | 1-bed | 613 sqft | AED 380KAED 380,000 · Jan 2024January 2024 | 48,000 /yr |
407, Mazaya 23 in numbers
- Sold 3 times: first on 2 October 2013 for AED 415,525, last on 28 May 2025 for AED 570,000 (AED 682 per sqft).
- Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 25,000 in 2020 and recovered to AED 37,000 by December 2023.
- At AED 37,000 a year the gross yield on the 2025 price is 6.5%, before a service charge of about AED 10,300 a year (AED 12.38 per sqft).
- One-beds in Mazaya 23 sold for AED 510,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 809 per sqft.
Source: Dubai Land Department. Updated 28 May 2025.
Questions about 407, Mazaya 23
What did unit 407 last sell for?
AED 570,000 on 28 May 2025: AED 682 per sqft for 835 sqft. The unit has 3 registered sales; the first was AED 415,525 in October 2013.
What is the rent for unit 407?
AED 37,000 a year on the contract renewed on 10 December 2023. The previous contract, from December 2022, was AED 32,000; the unit has been rented since October 2017.
How big is unit 407?
835 sqft (77.6 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2013.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 23 sold for AED 510,000 to 650,000 in the last 12 months, around AED 846 per sqft.
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Mortgage on 407, Mazaya 23
Starts from the last sale price (AED 570K, 28 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 570,000
- Deposit, UAE resident (20%)
- AED 114,000
- Deposit, non-resident (40%)
- AED 228,000
- Monthly over 25 years at 3.7%
- AED 2,332
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →