408, Mazaya 31
Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Mazaya 31
What is 408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 26 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 633 sqft
- Floor
- 4th of 5
- Parking
- G-23
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 7,000 /yr
- Last sold
- AED 450K · May 2025
- Building
- Mazaya 31
About 408, Mazaya 31
408 is a one-bedroom apartment of 633 sqft on the 4th floor of Mazaya 31, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 26 May 2025 for AED 450,000, or AED 710 per sqft, 22% above the AED 582 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 2 December 2023, is AED 33,154 a year: a gross yield of 7.4% on the 2025 price, before the service charge of about AED 7,000 a year.
Sales and rents for 408 over time
408 has sold twice; 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 31, and where 408 sits
All 36 1-beds →408 last sold in May 2025 at AED 710 per sqft, 22% above what one-beds in Mazaya 31 were fetching at the time (AED 582). Over the last 12 months one-beds sold for AED 495,000 to 615,000, around AED 718 per sqft, and rent for AED 38,205 to 58,156 a year. 408's AED 33,154 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Sep 20269 September 2026 | 641 sqft | 575,000 | 897 | ||
| 13 Aug 202613 August 2026 | 856 sqft | 615,000 | 718 | ||
| 4 Jul 20264 July 2026 | 856 sqft | 530,000 | 619 | ||
| 26 Jan 202626 January 2026 | 641 sqft | 495,000 | 772 |
Mazaya 31
Building61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 9 sold in the last 12 months.
- Typical price per sqft
- AED 718
- Typical sale
- AED 615K
- Typical rent
- AED 55K /yr
- Typical yield
- 8.7%
Other units on the 4th floor
All 61 units in Mazaya 31| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,758 sqft | AED 1.22MAED 1,220,000 · Jun 2026June 2026 | 85,000 /yr | |
| 402 | 1-bed | 633 sqft | AED 450KAED 449,566 · Nov 2014November 2014 | 40,000 /yr | |
| 403 | 2-bed | 1,115 sqft | AED 830KAED 830,000 · Mar 2026March 2026 | 42,550 /yr | |
| 404 | 1-bed | 856 sqft | AED 590KAED 590,025 · Dec 2014December 2014 | 42,000 /yr | |
| 405 | 1-bed | 833 sqft | AED 500KAED 500,000 · Oct 2024October 2024 | 46,000 /yr | |
| 406 | 1-bed | 845 sqft | AED 340KAED 340,000 · Oct 2021October 2021 | 55,000 /yr | |
| 407 | 2-bed | 1,093 sqft | AED 500KAED 500,000 · Feb 2023February 2023 | 60,000 /yr | |
| 409 | 1-bed | 641 sqft | AED 510KAED 510,000 · Jan 2017January 2017 | 33,000 /yr | |
| 410 | 2-bed | 1,117 sqft | AED 650KAED 650,000 · Aug 2024August 2024 | 36,000 /yr | |
| 411 | 1-bed | 889 sqft | AED 618KAED 617,528 · May 2009May 2009 | 38,205 /yr | |
| 412 | 2-bed | 1,714 sqft | AED 435KAED 435,000 · Mar 2018March 2018 | 72,000 /yr |
408, Mazaya 31 in numbers
- Sold twice: first on 14 July 2015 for AED 225,435, last on 26 May 2025 for AED 450,000 (AED 710 per sqft).
- Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 33,000 to AED 25,000 in 2021 and recovered to AED 33,154 by December 2023.
- At AED 33,154 a year the gross yield on the 2025 price is 7.4%, before a service charge of about AED 7,000 a year (AED 11.07 per sqft).
- One-beds in Mazaya 31 sold for AED 495,000–615,000 in the 12 months to November 2026; the building's median across all types is AED 718 per sqft.
Source: Dubai Land Department. Updated 26 May 2025.
Questions about 408, Mazaya 31
What did unit 408 last sell for?
AED 450,000 on 26 May 2025: AED 710 per sqft for 633 sqft. The unit has 2 registered sales; the first was AED 225,435 in July 2015.
What is the rent for unit 408?
AED 33,154 a year on the contract renewed on 2 December 2023. The previous contract, from December 2022, was AED 28,750; the unit has been rented since December 2018.
How big is unit 408?
633 sqft (58.8 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 31 sold for AED 495,000 to 615,000 in the last 12 months, around AED 718 per sqft.
Selling 408? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 408, Mazaya 31
Starts from the last sale price (AED 450K, 26 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →