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1-bed · 928 sqftMazaya 24, Liwan · 4th floor · completed 2014

409, Mazaya 24

Sold prices and rental history: sold twice, last in September 2021, and rented once, from March 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 23 September 2021
Last soldAED 340K23 September 2021
Current rentAED 56K /yr28 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Mazaya 24

What is 409 worth today?

Last sold for AED 340,000 in 2021

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23 Sep 2021SoldReady
AED 340,000AED 366 per sqft
28 Mar 2016RentedNew contract
AED 56,000/yr12 months · AED 60 per sqft
1 Feb 2015Sold by developerReady
AED 622,000AED 669 per sqft

Source: Dubai Land Department. Updated 23 September 2021.

Key facts

Type
1-bed apartment
Size
928 sqft
Floor
4th of 5
Parking
G-37
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,200 /yr
Last sold
AED 340K · September 2021
Building
Mazaya 24

About 409, Mazaya 24

409 is a one-bedroom apartment of 928 sqft on the 4th floor of Mazaya 24, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 23 September 2021 for AED 340,000, or AED 366 per sqft.

One Ejari contract is registered, from 28 March 2016. The current contract, signed on 28 March 2016, is AED 56,000 a year: a gross yield of 16.5% on the 2021 price, before the service charge of about AED 11,200 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Mazaya 24
400K600K2009201420192024Typical sale price by year: 2009 AED 423,391; 2014 AED 479,171; 2015 AED 489,196; 2016 AED 445,000; 2017 AED 418,695; 2022 AED 330,000; 2023 AED 313,750; 2024 AED 370,000; 2026 AED 550,000Sold by developer, February 2015: AED 622,000 (AED 669 per sqft)Sold, September 2021: AED 340,000 (AED 366 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Mazaya 24
20K40K60K20152018202120242027Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 43,000; 2018 AED 40,250; 2019 AED 33,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 33,000; 2024 AED 38,500; 2025 AED 43,000; 2026 AED 47,500New contract, March 2016: AED 56,000 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 24, and where 409 sits

All 45 1-beds →

Over the last 12 months one-beds sold for AED 425,444 to 640,000, around AED 810 per sqft, and rent for AED 33,000 to 82,000 a year. 409's AED 56,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Jul 2026500,000
26 Jun 2026590,000
3 Mar 2026640,000
17 Feb 2026425,444
7 1-bed sales in the last 12 months

Mazaya 24

Building

65 apartments, 1-bed to 2-bed over 5 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.

Typical price per sqft
AED 804
Typical sale
AED 575K
Typical rent
AED 48K /yr
Typical yield
9.2%
Mazaya 24, Liwan: prices, sales and rents →

Other units on the 4th floor

All 65 units in Mazaya 24
Value
4012-bedAED 730K · Mar 2017
4021-bedAED 445K · Mar 2016
4031-bedAED 537K · Apr 2009
4041-bedAED 539K · May 2009
4052-bedAED 760K · May 2015
4061-bedAED 400K · Mar 2009
4071-bedAED 400K · Mar 2009
1–7 of 12

409, Mazaya 24 in numbers

  • Sold twice: first on 1 February 2015 for AED 622,000, last on 23 September 2021 for AED 340,000 (AED 366 per sqft).
  • Rented since March 2016 on one Ejari contract, at AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2021 price is 16.5%, before a service charge of about AED 11,200 a year (AED 12.09 per sqft).
  • One-beds in Mazaya 24 sold for AED 425,444–640,000 in the 12 months to November 2026; the building's median across all types is AED 804 per sqft.

Source: Dubai Land Department. Updated 23 September 2021.

Questions about 409, Mazaya 24

What did unit 409 last sell for?

AED 340,000 on 23 September 2021: AED 366 per sqft for 928 sqft. The unit has 2 registered sales; the first was AED 622,000 in February 2015.

What is the rent for unit 409?

AED 56,000 a year on the contract signed on 28 March 2016.

How big is unit 409?

928 sqft (86.2 sqm): a one-bedroom apartment on the 4th floor of a 5-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 24 sold for AED 425,444 to 640,000 in the last 12 months, around AED 810 per sqft.

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Mortgage on 409, Mazaya 24

Starts from the last sale price (AED 340K, 23 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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