1-bed · 628 sqftMazaya 29, Liwan · 4th floor · completed 2013

408, Mazaya 29

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 16 December 2025
Last soldAED 270K4 May 2023
Current rentAED 51K /yr16 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Mazaya 29

What is 408 worth today?

Last sold for AED 270,000 in 2023

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16 Dec 2025RentedRenewal
AED 51,000/yr12 months · AED 81 per sqft
16 Dec 2025RentedRenewal
AED 51,000/yr12 months · AED 82 per sqft
16 Dec 2024RentedNew contract
AED 48,000/yr12 months · AED 77 per sqft
4 May 2023SoldReady
AED 270,000AED 429 per sqft
30 Apr 2017SoldReady
AED 480,000AED 763 per sqft
1 Mar 2016RentedNew contract
AED 50,000/yr12 months · AED 80 per sqft
1 Mar 2015RentedNew contract
AED 50,000/yr12 months · AED 80 per sqft
5 May 2009Sold by developerOff-plan
AED 430,997AED 685 per sqft

Source: Dubai Land Department. Updated 16 December 2025.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
4th of 5
Parking
G-26
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 7,400 /yr
Last sold
AED 270K · May 2023
Building
Mazaya 29

About 408, Mazaya 29

408 is a one-bedroom apartment of 628 sqft on the 4th floor of Mazaya 29, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 4 May 2023 for AED 270,000, or AED 429 per sqft, 3% below the AED 444 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 16 December 2025, is AED 51,000 a year: a gross yield of 18.9% on the 2023 price, before the service charge of about AED 7,400 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Mazaya 29
400K600K2009201420192024Typical sale price by year: 2009 AED 569,977; 2014 AED 423,397; 2015 AED 304,083; 2016 AED 423,504; 2017 AED 465,000; 2020 AED 350,000; 2022 AED 300,000; 2023 AED 315,000; 2024 AED 396,000; 2026 AED 515,000Sold by developer, May 2009: AED 430,997 (AED 685 per sqft)Sold, April 2017: AED 480,000 (AED 763 per sqft)Sold, May 2023: AED 270,000 (AED 429 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Mazaya 29
40K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 53,000; 2016 AED 52,000; 2017 AED 46,577; 2018 AED 42,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 34,825; 2024 AED 41,000; 2025 AED 48,000; 2026 AED 50,000New contract, March 2015: AED 50,000 a yearNew contract, March 2016: AED 50,000 a yearNew contract, December 2024: AED 48,000 a yearRenewal, December 2025: AED 51,000 a yearRenewal, December 2025: AED 51,000 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 29, and where 408 sits

All 36 1-beds →

408 last sold in May 2023 at AED 429 per sqft, 3% below what one-beds in Mazaya 29 were fetching at the time (AED 444). Over the last 12 months one-beds sold for AED 509,160 to 520,000, around AED 817 per sqft, and rent for AED 36,300 to 64,000 a year. 408's AED 51,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026509,160
18 Mar 2026515,000
4 Feb 2026520,000
18 Jul 2025750,000
3 1-bed sales in the last 12 months

Mazaya 29

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 5 sold in the last 12 months.

Typical price per sqft
AED 817
Typical sale
AED 520K
Typical rent
AED 51K /yr
Typical yield
7.4%
Mazaya 29, Liwan: prices, sales and rents →

Other units on the 4th floor

All 61 units in Mazaya 29
Value
4013-bedAED 760K · Aug 2024
4021-bedAED 465K · Oct 2017
4032-bedAED 764K · May 2009
4041-bedAED 400K · Oct 2023
4051-bedAED 380K · Jun 2024
4061-bedAED 603K · May 2009
4072-bedAED 844K · Dec 2016
1–7 of 11

408, Mazaya 29 in numbers

  • Sold 3 times: first on 5 May 2009 for AED 430,997, last on 4 May 2023 for AED 270,000 (AED 429 per sqft).
  • Rented since March 2015 on 5 Ejari contracts, from AED 50,000 to AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2023 price is 18.9%, before a service charge of about AED 7,400 a year (AED 11.82 per sqft).
  • One-beds in Mazaya 29 sold for AED 509,160–520,000 in the 12 months to November 2026; the building's median across all types is AED 817 per sqft.

Source: Dubai Land Department. Updated 16 December 2025.

Questions about 408, Mazaya 29

What did unit 408 last sell for?

AED 270,000 on 4 May 2023: AED 429 per sqft for 628 sqft. The unit has 3 registered sales; the first was AED 430,997 in May 2009.

What is the rent for unit 408?

AED 51,000 a year on the contract renewed on 16 December 2025. The previous contract, from December 2025, was AED 51,000; the unit has been rented since March 2015.

How big is unit 408?

628 sqft (58.3 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2013.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 29 sold for AED 509,160 to 520,000 in the last 12 months, around AED 817 per sqft.

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Mortgage on 408, Mazaya 29

Starts from the last sale price (AED 270K, 4 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 270,000
Deposit, UAE resident (20%)
AED 54,000
Deposit, non-resident (40%)
AED 108,000
Monthly over 25 years at 3.7%
AED 1,105

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