1408, Mazaya 05
Sold prices and rental history: sold once, by the developer in September 2018, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Mazaya 05
What is 1408 worth today?
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Source: Dubai Land Department. Updated 1 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,220 sqft
- Floor
- 14th of 14
- Parking
- G-110
- Developer
- Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
- Completed
- 2018
- Service charge
- AED 11,800 /yr
- Last sold
- AED 446K · September 2018
- Building
- Mazaya 05
About 1408, Mazaya 05
1408 is a two-bedroom apartment of 1,220 sqft on the 14th floor of Mazaya 05, a 14-storey tower in Liwan completed in 2018 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 11 September 2018 for AED 446,250, or AED 365 per sqft, 48% below the AED 701 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 January 2023. The current contract, signed on 1 January 2023, is AED 96,000 a year: a gross yield of 21.5% on the 2018 price, before the service charge of about AED 11,800 a year.
Sales and rents for 1408 over time
1408 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 05, and where 1408 sits
All 41 2-beds →1408 last sold in September 2018 at AED 365 per sqft, 48% below what two-beds in Mazaya 05 were fetching at the time (AED 701). Over the last 12 months two-beds sold for AED 1,050,000 to 1,130,000, around AED 843 per sqft, and rent for AED 51,000 to 85,000 a year. 1408's AED 96,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 1,220 sqft | 1,130,000 | 926 | ||
| 9 Dec 20259 December 2025 | 1,257 sqft | 1,060,000 | 843 | ||
| 19 Jun 202519 June 2025 | 1,317 sqft | 1,040,000 | 789 | ||
| 27 Mar 202527 March 2025 | 1,257 sqft | 980,000 | 779 |
Mazaya 05
Building154 apartments, studios to 2-bed over 14 floors in Liwan, completed in 2018 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . 5 sold in the last 12 months.
- Typical price per sqft
- AED 841
- Typical sale
- AED 1.05M
- Typical rent
- AED 60K /yr
- Typical yield
- 8.0%
Other units on the 14th floor
All 154 units in Mazaya 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 887 sqft | AED 711KAED 710,735 · Feb 2019February 2019 | 50,000 /yr | |
| 1402 | 2-bed | 1,317 sqft | AED 597KAED 596,800 · Aug 2021August 2021 | 74,000 /yr | |
| 1403 | 2-bed | 1,257 sqft | AED 980KAED 980,000 · Mar 2025March 2025 | 82,000 /yr | |
| 1404 | 1-bed | 813 sqft | AED 650KAED 650,000 · May 2019May 2019 | 58,000 /yr | |
| 1405 | 1-bed | 805 sqft | AED 668KAED 667,960 · Jul 2019July 2019 | 39,848 /yr | |
| 1406 | 1-bed | 814 sqft | AED 660KAED 659,977 · Jul 2019July 2019 | 39,848 /yr | |
| 1407 | 1-bed | 815 sqft | AED 661KAED 660,937 · Jul 2019July 2019 | 19,347 /yr | |
| 1409 | Studio | 511 sqft | AED 400KAED 400,000 · May 2025May 2025 | 48,000 /yr | |
| 1410 | 1-bed | 782 sqft | AED 610KAED 610,000 · Jun 2024June 2024 | ||
| 1411 | 1-bed | 831 sqft | AED 692KAED 691,758 · Dec 2018December 2018 |
1408, Mazaya 05 in numbers
- Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 11 September 2018 for AED 446,250, or AED 365 per sqft.
- Rented since January 2023 on one Ejari contract, at AED 96,000 a year.
- At AED 96,000 a year the gross yield on the 2018 price is 21.5%, before a service charge of about AED 11,800 a year (AED 9.68 per sqft).
- Two-beds in Mazaya 05 sold for AED 1,050,000–1,130,000 in the 12 months to November 2026; the building's median across all types is AED 841 per sqft.
Source: Dubai Land Department. Updated 1 January 2023.
Questions about 1408, Mazaya 05
What did unit 1408 last sell for?
AED 446,250 on 11 September 2018, sold by the developer: AED 365 per sqft for 1,220 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 96,000 a year on the contract signed on 1 January 2023.
How big is unit 1408?
1,220 sqft (113.3 sqm): a two-bedroom apartment on the 14th floor of a 14-storey tower completed in 2018.
What is unit 1408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 05 sold for AED 1,050,000 to 1,130,000 in the last 12 months, around AED 843 per sqft.
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Mortgage on 1408, Mazaya 05
Starts from the last sale price (AED 446K, 11 September 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 446,250
- Deposit, UAE resident (20%)
- AED 89,250
- Deposit, non-resident (40%)
- AED 178,500
- Monthly over 25 years at 3.7%
- AED 1,826
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →