409, Mazaya 15
Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Mazaya 15
What is 409 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,146 sqft
- Floor
- 4th of 10
- Parking
- G-48
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 11,100 /yr
- Last sold
- AED 816K · April 2009
- Building
- Mazaya 15
About 409, Mazaya 15
409 is a two-bedroom apartment of 1,146 sqft on the 4th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 26 April 2009 for AED 815,687, or AED 711 per sqft.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 May 2025, is AED 55,650 a year: a gross yield of 6.8% on the 2009 price, before the service charge of about AED 11,100 a year.
Sales and rents for 409 over time
409 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 15, and where 409 sits
All 24 2-beds →409's AED 55,650 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jun 202518 June 2025 | 1,157 sqft | 870,000 | 751 | ||
| 13 May 202513 May 2025 | 1,415 sqft | 1,080,000 | 763 | ||
| 9 May 20259 May 2025 | 1,157 sqft | 700,000 | 604 | ||
| 17 Mar 202517 March 2025 | 1,415 sqft | 1,000,000 | 706 |
Mazaya 15
Building82 apartments, 1-bed to 3-bed over 10 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 1 sold in the last 12 months.
- Typical price per sqft
- AED 573
- Typical sale
- AED 656K
- Typical rent
- AED 53K /yr
- Typical yield
- 11.3%
Other units on the 4th floor
All 82 units in Mazaya 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 728 sqft | AED 318KAED 317,500 · Sep 2022September 2022 | 25,000 /yr | |
| 402 | 1-bed | 668 sqft | AED 285KAED 285,000 · May 2022May 2022 | 25,000 /yr | |
| 403 | 1,184 sqft | AED 816KAED 815,687 · Apr 2009April 2009 | 48,000 /yr | ||
| 404 | 1-bed | 844 sqft | AED 401KAED 400,750 · Jul 2023July 2023 | 40,910 /yr | |
| 405 | 1-bed | 698 sqft | AED 510KAED 510,000 · Nov 2015November 2015 | 44,000 /yr | |
| 406 | 1-bed | 718 sqft | AED 525KAED 525,000 · Mar 2025March 2025 | 34,385 /yr | |
| 407 | 1-bed | 698 sqft | AED 300KAED 300,000 · Oct 2021October 2021 | 44,000 /yr | |
| 408 | 1-bed | 834 sqft | AED 709KAED 708,985 · Jan 2016January 2016 | 350,000 /yr | |
| 410 | 1-bed | 725 sqft | AED 498KAED 498,000 · Oct 2015October 2015 | 29,000 /yr |
409, Mazaya 15 in numbers
- Sold once: by Al Mazaya Real Estate on 26 April 2009 for AED 815,687, or AED 711 per sqft.
- Rented since August 2017 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 43,000 in 2022 and recovered to AED 55,650 by May 2025.
- At AED 55,650 a year the gross yield on the 2009 price is 6.8%, before a service charge of about AED 11,100 a year (AED 9.65 per sqft).
Source: Dubai Land Department. Updated 1 May 2025.
Questions about 409, Mazaya 15
What did unit 409 last sell for?
AED 815,687 on 26 April 2009, sold by the developer: AED 711 per sqft for 1,146 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 55,650 a year on the contract signed on 1 May 2025. The previous contract, from May 2022, was AED 43,000; the unit has been rented since August 2017.
How big is unit 409?
1,146 sqft (106.5 sqm): a two-bedroom apartment on the 4th floor of a 10-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 15
Starts from the last sale price (AED 816K, 26 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 815,687
- Deposit, UAE resident (20%)
- AED 163,137
- Deposit, non-resident (40%)
- AED 326,275
- Monthly over 25 years at 3.7%
- AED 3,337
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →