408, Mazaya 23
Sold prices and rental history: sold twice, last in August 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Mazaya 23
What is 408 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 619 sqft
- Floor
- 4th of 6
- Parking
- G-15
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 7,700 /yr
- Last sold
- AED 439K · August 2014
- Building
- Mazaya 23
About 408, Mazaya 23
408 is a one-bedroom apartment of 619 sqft on the 4th floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 5 August 2014 for AED 439,420, or AED 710 per sqft, 24% above the AED 573 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 44,500 a year: a gross yield of 10.1% on the 2014 price, before the service charge of about AED 7,700 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 23, and where 408 sits
All 35 1-beds →408 last sold in August 2014 at AED 710 per sqft, 24% above what one-beds in Mazaya 23 were fetching at the time (AED 573). Over the last 12 months one-beds sold for AED 550,000, around AED 900 per sqft, and rent for AED 44,500 to 55,000 a year. 408's AED 44,500 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Dec 202516 December 2025 | 611 sqft | 550,000 | 900 | ||
| 19 Jun 202519 June 2025 | 572 sqft | 500,000 | 874 | ||
| 28 May 202528 May 2025 | 835 sqft | 570,000 | 682 | ||
| 12 May 202512 May 2025 | 571 sqft | 530,000 | 928 |
Mazaya 23
Building55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 2 sold in the last 12 months.
- Typical price per sqft
- AED 836
- Typical sale
- AED 700K
- Typical rent
- AED 53K /yr
- Typical yield
- 9.2%
Other units on the 4th floor
All 55 units in Mazaya 23| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 840 sqft | AED 604KAED 604,080 · Feb 2009February 2009 | 46,000 /yr | |
| 402 | 3-bed | 1,730 sqft | AED 699KAED 699,195 · Aug 2014August 2014 | 56,000 /yr | |
| 403 | 2-bed | 1,669 sqft | AED 700KAED 700,000 · Jul 2022July 2022 | 40,000 /yr | |
| 404 | 2-bed | 1,659 sqft | AED 1.1MAED 1,100,000 · Jun 2017June 2017 | 53,850 /yr | |
| 405 | 1-bed | 615 sqft | AED 435KAED 434,876 · Jun 2014June 2014 | 36,000 /yr | |
| 406 | 2-bed | 1,102 sqft | AED 850KAED 850,000 · Jan 2026January 2026 | 50,600 /yr | |
| 407 | 1-bed | 835 sqft | AED 570KAED 570,000 · May 2025May 2025 | 37,000 /yr | |
| 409 | 1-bed | 613 sqft | AED 380KAED 380,000 · Jan 2024January 2024 | 42,000 /yr |
408, Mazaya 23 in numbers
- Sold twice: first on 12 April 2009 for AED 439,420, last on 5 August 2014 for AED 439,420 (AED 710 per sqft).
- Rented since September 2015 on 6 Ejari contracts. The rent fell from AED 41,000 to AED 34,000 in 2023 and recovered to AED 44,500 by February 2026.
- At AED 44,500 a year the gross yield on the 2014 price is 10.1%, before a service charge of about AED 7,700 a year (AED 12.38 per sqft).
- One-beds in Mazaya 23 sold for AED 550,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 836 per sqft.
Source: Dubai Land Department. Updated 1 February 2026.
Questions about 408, Mazaya 23
What did unit 408 last sell for?
AED 439,420 on 5 August 2014: AED 710 per sqft for 619 sqft. The unit has 2 registered sales; the first was AED 439,420 in April 2009.
What is the rent for unit 408?
AED 44,500 a year on the contract renewed on 1 February 2026. The previous contract, from February 2024, was AED 42,000; the unit has been rented since September 2015.
How big is unit 408?
619 sqft (57.5 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2013.
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 23 sold for AED 550,000 to 550,000 in the last 12 months, around AED 900 per sqft.
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Mortgage on 408, Mazaya 23
Starts from the last sale price (AED 439K, 5 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 439,420
- Deposit, UAE resident (20%)
- AED 87,884
- Deposit, non-resident (40%)
- AED 175,768
- Monthly over 25 years at 3.7%
- AED 1,798
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →