408, Mazaya 28
Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Mazaya 28
What is 408 worth today?
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Source: Dubai Land Department. Updated 26 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 628 sqft
- Floor
- 4th of 5
- Parking
- G-39
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 7,300 /yr
- Last sold
- AED 420K · September 2024
- Building
- Mazaya 28
About 408, Mazaya 28
408 is a one-bedroom apartment of 628 sqft on the 4th floor of Mazaya 28, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 26 September 2024 for AED 420,000, or AED 668 per sqft, 18% above the AED 564 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 25 August 2024, is AED 40,000 a year: a gross yield of 9.5% on the 2024 price, before the service charge of about AED 7,300 a year.
Sales and rents for 408 over time
408 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 28, and where 408 sits
All 34 1-beds →408 last sold in September 2024 at AED 668 per sqft, 18% above what one-beds in Mazaya 28 were fetching at the time (AED 564). 408's AED 40,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Apr 20257 April 2025 | 628 sqft | 460,000 | 732 | ||
| 10 Mar 202510 March 2025 | 628 sqft | 480,000 | 763 | ||
| 12 Nov 202412 November 2024 | 628 sqft | 460,000 | 732 | ||
| 11 Nov 202411 November 2024 | 628 sqft | 420,000 | 668 |
Mazaya 28
Building61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 2 sold in the last 12 months.
- Typical price per sqft
- AED 675
- Typical sale
- AED 945K
- Typical rent
- AED 49K /yr
- Typical yield
- 10.0%
Other units on the 4th floor
All 61 units in Mazaya 28| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,746 sqft | AED 1.2MAED 1,200,000 · Sep 2016September 2016 | 30,000 /yr | |
| 402 | 1-bed | 628 sqft | AED 460KAED 460,000 · Nov 2024November 2024 | 44,000 /yr | |
| 403 | 2-bed | 1,115 sqft | AED 797KAED 797,083 · Apr 2009April 2009 | 60,000 /yr | |
| 404 | 1-bed | 856 sqft | AED 308KAED 307,853 · Dec 2014December 2014 | 54,000 /yr | |
| 405 | 1-bed | 833 sqft | AED 405KAED 405,000 · Jun 2018June 2018 | 40,000 /yr | |
| 406 | 1-bed | 845 sqft | AED 400KAED 400,000 · Mar 2024March 2024 | 35,700 /yr | |
| 407 | 1,096 sqft | AED 750KAED 750,000 · Oct 2025October 2025 | 70,000 /yr | ||
| 409 | 1-bed | 630 sqft | AED 432KAED 432,000 · Jul 2024July 2024 | 42,000 /yr | |
| 410 | 2-bed | 1,117 sqft | AED 784KAED 783,567 · Apr 2009April 2009 | 53,361 /yr | |
| 411 | 1-bed | 889 sqft | AED 618KAED 617,537 · Apr 2009April 2009 | 45,000 /yr | |
| 412 | 2-bed | 1,714 sqft | AED 600KAED 600,000 · Jul 2014July 2014 |
408, Mazaya 28 in numbers
- Sold 3 times: first on 26 April 2009 for AED 441,987, last on 26 September 2024 for AED 420,000 (AED 668 per sqft).
- Rented since March 2014 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 30,000 in 2022 and recovered to AED 40,000 by August 2024.
- At AED 40,000 a year the gross yield on the 2024 price is 9.5%, before a service charge of about AED 7,300 a year (AED 11.63 per sqft).
Source: Dubai Land Department. Updated 26 September 2024.
Questions about 408, Mazaya 28
What did unit 408 last sell for?
AED 420,000 on 26 September 2024: AED 668 per sqft for 628 sqft. The unit has 3 registered sales; the first was AED 441,987 in April 2009.
What is the rent for unit 408?
AED 40,000 a year on the contract signed on 25 August 2024. The previous contract, from August 2022, was AED 30,000; the unit has been rented since March 2014.
How big is unit 408?
628 sqft (58.3 sqm): a one-bedroom apartment on the 4th floor of a 5-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.
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Mortgage on 408, Mazaya 28
Starts from the last sale price (AED 420K, 26 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →