408, Mazaya 32
Sold prices and rental history: sold once, by the developer in March 2016, 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 32
What is 408 worth today?
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Source: Dubai Land Department. Updated 25 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 629 sqft
- Floor
- 4th of 5
- Parking
- G-36
- Developer
- Al Mazaya Real Estate
- Completed
- 2015
- Service charge
- AED 6,700 /yr
- Last sold
- AED 459K · March 2016
- Building
- Mazaya 32
About 408, Mazaya 32
408 is a one-bedroom apartment of 629 sqft on the 4th floor of Mazaya 32, a 5-storey tower in Liwan completed in 2015 by Al Mazaya Real Estate. The developer sold it on 23 March 2016 for AED 459,122, or AED 729 per sqft, in line with the AED 709 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 25 April 2025, is AED 34,500 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 6,700 a year.
Sales and rents for 408 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 32, and where 408 sits
All 36 1-beds →408 last sold in March 2016 at AED 729 per sqft, in line with what one-beds in Mazaya 32 were fetching at the time (AED 709). 408's AED 34,500 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Aug 20179 August 2017 | 873 sqft | 620,102 | 709 | ||
| 31 Jul 201731 July 2017 | 631 sqft | 460,380 | 729 | ||
| 5 Sep 20165 September 2016 | 814 sqft | 577,763 | 709 | ||
| 18 Jul 201618 July 2016 | 636 sqft | 464,387 | 729 |
Mazaya 32
Building61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2015 by Al Mazaya Real Estate. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 53K /yr
- Typical yield
Other units on the 4th floor
All 61 units in Mazaya 32| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,749 sqft | AED 1.12MAED 1,124,667 · May 2016May 2016 | 74,000 /yr | |
| 402 | 1-bed | 629 sqft | AED 459KAED 459,044 · Mar 2016March 2016 | 40,000 /yr | |
| 403 | 2-bed | 1,113 sqft | AED 768KAED 767,961 · Apr 2016April 2016 | 72,000 /yr | |
| 404 | 1-bed | 868 sqft | AED 616KAED 616,051 · Jun 2016June 2016 | 54,000 /yr | |
| 405 | 1-bed | 814 sqft | AED 578KAED 577,763 · Sep 2016September 2016 | 41,500 /yr | |
| 406 | 1-bed | 854 sqft | AED 607KAED 606,651 · Mar 2016March 2016 | 46,000 /yr | |
| 407 | 2-bed | 1,090 sqft | AED 752KAED 751,770 · Jun 2016June 2016 | 51,000 /yr | |
| 409 | 1-bed | 636 sqft | AED 464KAED 464,387 · Jul 2016July 2016 | 38,000 /yr | |
| 410 | 2-bed | 1,113 sqft | AED 768KAED 767,813 · Jun 2016June 2016 | 59,000 /yr | |
| 411 | 1-bed | 890 sqft | AED 632KAED 631,642 · Mar 2016March 2016 | 39,600 /yr | |
| 412 | 2-bed | 1,713 sqft | AED 1.15MAED 1,147,976 · May 2016May 2016 | 69,000 /yr |
408, Mazaya 32 in numbers
- Sold once: by Al Mazaya Real Estate on 23 March 2016 for AED 459,122, or AED 729 per sqft.
- Rented since April 2018 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 26,000 in 2021 and recovered to AED 34,500 by April 2025.
- At AED 34,500 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 6,700 a year (AED 10.65 per sqft).
Source: Dubai Land Department. Updated 25 April 2025.
Questions about 408, Mazaya 32
What did unit 408 last sell for?
AED 459,122 on 23 March 2016, sold by the developer: AED 729 per sqft for 629 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 34,500 a year on the contract renewed on 25 April 2025. The previous contract, from April 2024, was AED 32,500; the unit has been rented since April 2018.
How big is unit 408?
629 sqft (58.4 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2015.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 408, Mazaya 32
Starts from the last sale price (AED 459K, 23 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 459,122
- Deposit, UAE resident (20%)
- AED 91,824
- Deposit, non-resident (40%)
- AED 183,649
- Monthly over 25 years at 3.7%
- AED 1,878
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →