408, Mazaya 07
Sold prices and rental history: sold twice, last in December 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Mazaya 07
What is 408 worth today?
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Source: Dubai Land Department. Updated 21 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 827 sqft
- Floor
- 4th of 9
- Parking
- G-19
- Developer
- Al Mazaya Holding Company
- Completed
- 2017
- Service charge
- AED 9,200 /yr
- Last sold
- AED 400K · December 2023
- Building
- Mazaya 07
About 408, Mazaya 07
408 is a one-bedroom apartment of 827 sqft on the 4th floor of Mazaya 07, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Holding Company. It last sold on 21 December 2023 for AED 400,000, or AED 483 per sqft, 8% above the AED 449 one-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 22 July 2023, is AED 33,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 9,200 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 07, and where 408 sits
All 94 1-beds →408 last sold in December 2023 at AED 483 per sqft, 8% above what one-beds in Mazaya 07 were fetching at the time (AED 449). Over the last 12 months one-beds sold for AED 620,000, around AED 749 per sqft, and rent for AED 38,000 to 60,000 a year. 408's AED 33,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jul 202514 July 2025 | 701 sqft | 580,000 | 827 | ||
| 11 Jun 202511 June 2025 | 903 sqft | 620,000 | 686 | ||
| 26 Feb 202526 February 2025 | 690 sqft | 455,000 | 659 | ||
| 5 Nov 20245 November 2024 | 701 sqft | 370,000 | 527 |
Mazaya 07
Building126 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Holding Company. 1 sold in the last 12 months.
- Typical price per sqft
- AED 749
- Typical sale
- AED 620K
- Typical rent
- AED 46K /yr
- Typical yield
- 8.7%
Other units on the 4th floor
All 126 units in Mazaya 07| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 706 sqft | AED 520KAED 520,000 · Jun 2017June 2017 | 39,270 /yr | |
| 402 | 1-bed | 701 sqft | AED 315KAED 314,552 · Jun 2023June 2023 | 48,000 /yr | |
| 403 | 1-bed | 701 sqft | AED 510KAED 510,000 · Dec 2016December 2016 | 36,000 /yr | |
| 404 | 1-bed | 700 sqft | AED 510KAED 510,000 · Dec 2016December 2016 | 50,000 /yr | |
| 405 | 2-bed | 1,071 sqft | AED 774KAED 774,392 · Nov 2016November 2016 | ||
| 406 | 1-bed | 943 sqft | AED 627KAED 626,752 · Jun 2018June 2018 | 28,000 /yr | |
| 407 | 1-bed | 903 sqft | AED 365KAED 365,000 · Mar 2022March 2022 | 30,000 /yr | |
| 409 | 2-bed | 1,377 sqft | AED 915KAED 915,000 · Jan 2025January 2025 | 75,000 /yr | |
| 410 | 1-bed | 177 sqft | AED 516KAED 516,000 · Feb 2016February 2016 | 34,650 /yr | |
| 411 | 1-bed | 696 sqft | AED 525KAED 525,000 · Dec 2016December 2016 | 50,000 /yr | |
| 412 | 1-bed | 702 sqft | AED 521KAED 521,000 · Aug 2016August 2016 | 50,000 /yr | |
| 413 | 1-bed | 697 sqft | AED 531KAED 531,000 · Jul 2015July 2015 | 45,500 /yr | |
| 414 | 3-bed | 1,549 sqft | AED 1.01MAED 1,010,814 · Aug 2016August 2016 |
408, Mazaya 07 in numbers
- Sold twice: first on 14 November 2016 for AED 624,587, last on 21 December 2023 for AED 400,000 (AED 483 per sqft).
- Rented since July 2020 on 3 Ejari contracts, from AED 27,000 to AED 33,000 a year.
- At AED 33,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 9,200 a year (AED 11.08 per sqft).
- One-beds in Mazaya 07 sold for AED 620,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 749 per sqft.
Source: Dubai Land Department. Updated 21 December 2023.
Questions about 408, Mazaya 07
What did unit 408 last sell for?
AED 400,000 on 21 December 2023: AED 483 per sqft for 827 sqft. The unit has 2 registered sales; the first was AED 624,587 in November 2016.
What is the rent for unit 408?
AED 33,000 a year on the contract renewed on 22 July 2023. The previous contract, from July 2022, was AED 30,000; the unit has been rented since July 2020.
How big is unit 408?
827 sqft (76.8 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.
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 07 sold for AED 620,000 to 620,000 in the last 12 months, around AED 749 per sqft.
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Mortgage on 408, Mazaya 07
Starts from the last sale price (AED 400K, 21 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →