1-bed · 613 sqftMazaya 23, Liwan · 4th floor · completed 2013

409, Mazaya 23

Sold prices and rental history: sold 3 times, last in January 2024, 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 1 July 2026
Last soldAED 380K10 January 2024
Current rentAED 48K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Mazaya 23

What is 409 worth today?

Last sold for AED 380,000 in 2024

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1 Jul 2026RentedNew contract
AED 48,000/yr12 months · AED 78 per sqft
15 Jan 2025RentedRenewal
AED 42,000/yr12 months · AED 68 per sqft
15 Jan 2025RentedRenewal
AED 42,000/yr12 months · AED 68 per sqft
15 Jan 2024RentedNew contract
AED 40,000/yr12 months · AED 65 per sqft
10 Jan 2024SoldReady
AED 380,000AED 620 per sqft
20 Nov 2022RentedRenewal
AED 29,670/yr12 months · AED 49 per sqft
20 Nov 2021RentedRenewal
AED 25,800/yr12 months · AED 42 per sqft
20 Nov 2020RentedNew contract
AED 24,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
613 sqft
Floor
4th of 6
Parking
G-28
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 7,600 /yr
Last sold
AED 380K · January 2024
Building
Mazaya 23

About 409, Mazaya 23

409 is a one-bedroom apartment of 613 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 10 January 2024 for AED 380,000, or AED 620 per sqft.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 1 July 2026, is AED 48,000 a year: a gross yield of 12.6% on the 2024 price, before the service charge of about AED 7,600 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Mazaya 23
200K400K600K2009201420192024Typical sale price by year: 2009 AED 425,899; 2014 AED 425,899; 2015 AED 540,000; 2016 AED 523,500; 2017 AED 610,000; 2018 AED 400,000; 2024 AED 410,000; 2025 AED 540,000; 2026 AED 572,500Sold by developer, May 2009: AED 439,420 (AED 717 per sqft)Sold, August 2014: AED 219,710 (AED 358 per sqft)Sold, January 2024: AED 380,000 (AED 620 per sqft)

409 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 409, each contractTypical one-bed in Mazaya 23
20K40K2014201820222026Typical rent by year: 2014 AED 45,000; 2015 AED 48,000; 2016 AED 46,000; 2017 AED 45,000; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 27,250; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 32,200; 2024 AED 40,000; 2025 AED 45,575; 2026 AED 48,000New contract, September 2015: AED 50,000 a yearRenewal, September 2016: AED 50,000 a yearNew contract, September 2017: AED 38,000 a yearNew contract, December 2018: AED 37,000 a yearNew contract, November 2020: AED 24,000 a yearRenewal, November 2021: AED 25,800 a yearRenewal, November 2022: AED 29,670 a yearNew contract, January 2024: AED 40,000 a yearRenewal, January 2025: AED 42,000 a yearRenewal, January 2025: AED 42,000 a yearNew contract, July 2026: AED 48,000 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 23, and where 409 sits

All 37 1-beds →

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. 409's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026510,000
5 Aug 2026650,000
26 Feb 2026525,000
19 Feb 2026620,000
5 1-bed sales in the last 12 months

Mazaya 23

Building

55 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%
Mazaya 23, Liwan: prices, sales and rents →

Other units on the 4th floor

All 55 units in Mazaya 23
Value
4011-bedAED 604K · Feb 2009
4023-bedAED 699K · Aug 2014
4032-bedAED 700K · Jul 2022
4042-bedAED 1.1M · Jun 2017
4051-bedAED 435K · Jun 2014
4062-bedAED 850K · Jan 2026
4071-bedAED 570K · May 2025
1–7 of 8

409, Mazaya 23 in numbers

  • Sold 3 times: first on 10 May 2009 for AED 439,420, last on 10 January 2024 for AED 380,000 (AED 620 per sqft).
  • Rented since September 2015 on 11 Ejari contracts. The rent fell from AED 50,000 to AED 24,000 in 2020 and recovered to AED 48,000 by July 2026.
  • At AED 48,000 a year the gross yield on the 2024 price is 12.6%, before a service charge of about AED 7,600 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 1 July 2026.

Questions about 409, Mazaya 23

What did unit 409 last sell for?

AED 380,000 on 10 January 2024: AED 620 per sqft for 613 sqft. The unit has 3 registered sales; the first was AED 439,420 in May 2009.

What is the rent for unit 409?

AED 48,000 a year on the contract signed on 1 July 2026. The previous contract, from January 2025, was AED 42,000; the unit has been rented since September 2015.

How big is unit 409?

613 sqft (56.9 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2013.

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 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 409, Mazaya 23

Starts from the last sale price (AED 380K, 10 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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