2-bed · 1,348 sqftMazaya 02, Liwan · 4th floor · completed 2014

409, Mazaya 02

Sold prices and rental history: sold once, by the developer in February 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 957K28 February 2016
Current rentAED 52K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Mazaya 02

What is 409 worth today?

Last sold for AED 956,694 in 2016

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1 Mar 2025RentedRenewal
AED 51,600/yr10 months · AED 38 per sqft
1 Mar 2024RentedRenewal
AED 51,600/yr12 months · AED 38 per sqft
1 Mar 2024RentedRenewal
AED 51,600/yr12 months · AED 38 per sqft
1 Mar 2023RentedRenewal
AED 47,300/yr12 months · AED 35 per sqft
1 Sep 2020RentedRenewal
AED 68,000/yr14 months · AED 51 per sqft
1 Aug 2019RentedNew contract
AED 68,000/yr13 months · AED 51 per sqft
1 Aug 2018RentedNew contract
AED 68,000/yr12 months · AED 51 per sqft
28 Feb 2016Sold by developerOff-plan
AED 956,694AED 709 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
1,348 sqft
Floor
4th of 9
Parking
F-19
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,800 /yr
Last sold
AED 957K · February 2016
Building
Mazaya 02

About 409, Mazaya 02

409 is a two-bedroom apartment of 1,348 sqft on the 4th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 28 February 2016 for AED 956,694, or AED 709 per sqft, 100% above the AED 354 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 51,600 a year: a gross yield of 5.4% on the 2016 price, before the service charge of about AED 12,800 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in Mazaya 02
500K750K1M2009201420192024Typical sale price by year: 2009 AED 926,448; 2015 AED 456,690; 2017 AED 860,022; 2018 AED 449,453; 2019 AED 750,000; 2023 AED 694,500; 2024 AED 730,000; 2025 AED 717,500Sold by developer, February 2016: AED 956,694 (AED 709 per sqft)

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

Rents
Unit 409, each contractTypical two-bed in Mazaya 02
40K60K2017202020232026Typical rent by year: 2017 AED 67,636; 2018 AED 62,000; 2019 AED 53,500; 2020 AED 48,966; 2021 AED 39,950; 2022 AED 43,000; 2023 AED 47,300; 2024 AED 54,669; 2025 AED 67,000New contract, August 2018: AED 68,000 a yearNew contract, August 2019: AED 68,000 a yearRenewal, September 2020: AED 68,000 a yearRenewal, March 2023: AED 47,300 a yearRenewal, March 2024: AED 51,600 a yearRenewal, March 2024: AED 51,600 a yearRenewal, March 2025: AED 51,600 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 02, and where 409 sits

All 28 2-beds →

409 last sold in February 2016 at AED 709 per sqft, 100% above what two-beds in Mazaya 02 were fetching at the time (AED 354). 409's AED 51,600 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Apr 2025777,898
28 Apr 2025695,000
31 Jan 2025710,000
23 Jan 2025725,000
0 2-bed sales in the last 12 months

Mazaya 02

Building

91 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 751
Typical sale
AED 550K
Typical rent
AED 58K /yr
Typical yield
7.8%
Mazaya 02, Liwan: prices, sales and rents →

Other units on the 4th floor

All 91 units in Mazaya 02
Value
4011-bedAED 295K · Oct 2022
4022-bedAED 996K · May 2009
4032-bedAED 424K · Apr 2018
4041-bedAED 420K · Oct 2023
4051-bedAED 578K · May 2009
4061-bedAED 666K · Sep 2017
4071-bedAED 605K · Oct 2017
1–7 of 11

409, Mazaya 02 in numbers

  • Sold once: by Al Mazaya Real Estate on 28 February 2016 for AED 956,694, or AED 709 per sqft.
  • Rented since August 2018 on 7 Ejari contracts, from AED 68,000 to AED 51,600 a year.
  • At AED 51,600 a year the gross yield on the 2016 price is 5.4%, before a service charge of about AED 12,800 a year (AED 9.51 per sqft).

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 409, Mazaya 02

What did unit 409 last sell for?

AED 956,694 on 28 February 2016, sold by the developer: AED 709 per sqft for 1,348 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 51,600 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 51,600; the unit has been rented since August 2018.

How big is unit 409?

1,348 sqft (125.2 sqm): a two-bedroom apartment on the 4th floor of a 9-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.

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Mortgage on 409, Mazaya 02

Starts from the last sale price (AED 957K, 28 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 956,694
Deposit, UAE resident (20%)
AED 191,339
Deposit, non-resident (40%)
AED 382,678
Monthly over 25 years at 3.7%
AED 3,914

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