409, Mazaya 23
Sold prices and rental history: sold 3 times, last in January 2024, 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 409, Mazaya 23
What is 409 worth today?
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Source: Dubai Land Department. Updated 15 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 613 sqft
- Floor
- 4th of 6
- Parking
- G-28
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 7,600 /yr
- Last sold
- AED 380K · January 2024
- Building
- Mazaya 23
About 409, Mazaya 23
409 is a one-bedroom apartment of 613 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 10 January 2024 for AED 380,000, or AED 620 per sqft.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 42,000 a year: a gross yield of 11.1% on the 2024 price, before the service charge of about AED 7,600 a year.
Sales and rents for 409 over time
409 has sold 3 times; 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 409 sits
All 35 1-beds →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. 409's AED 42,000 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 | |
| 408 | 1-bed | 619 sqft | AED 439KAED 439,420 · Aug 2014August 2014 | 44,500 /yr |
409, Mazaya 23 in numbers
- Sold 3 times: first on 10 May 2009 for AED 439,420, last on 10 January 2024 for AED 380,000 (AED 620 per sqft).
- Rented since September 2015 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 24,000 in 2020 and recovered to AED 42,000 by January 2025.
- At AED 42,000 a year the gross yield on the 2024 price is 11.1%, before a service charge of about AED 7,600 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 15 January 2025.
Questions about 409, Mazaya 23
What did unit 409 last sell for?
AED 380,000 on 10 January 2024: AED 620 per sqft for 613 sqft. The unit has 3 registered sales; the first was AED 439,420 in May 2009.
What is the rent for unit 409?
AED 42,000 a year on the contract renewed on 15 January 2025. The previous contract, from January 2024, was AED 40,000; the unit has been rented since September 2015.
How big is unit 409?
613 sqft (56.9 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2013.
What is unit 409 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 409, Mazaya 23
Starts from the last sale price (AED 380K, 10 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 380,000
- Deposit, UAE resident (20%)
- AED 76,000
- Deposit, non-resident (40%)
- AED 152,000
- Monthly over 25 years at 3.7%
- AED 1,555
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →