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2-bed · 1,502 sqftMazaya 01, Liwan · 5th floor · completed 2014

502, Mazaya 01

Sold prices and rental history: sold 3 times, last in October 2014, and rented once, from November 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 November 2017
Last soldAED 1M2 October 2014
Current rentAED 60K /yr1 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Mazaya 01

What is 502 worth today?

Last sold for AED 1,000,000 in 2014

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1 Nov 2017RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
2 Oct 2014SoldReady
AED 1,000,000AED 665 per sqft
28 Apr 2014SoldOff-plan
AED 1,000,000AED 665 per sqft
10 Apr 2014Sold by developerOff-plan
AED 764,245AED 508 per sqft

Source: Dubai Land Department. Updated 1 November 2017.

Key facts

Type
2-bed apartment
Size
1,502 sqft
Floor
5th of 9
Parking
G-19
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 15,400 /yr
Last sold
AED 1M · October 2014
Building
Mazaya 01

About 502, Mazaya 01

502 is a two-bedroom apartment of 1,502 sqft on the 5th floor of Mazaya 01, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 2 October 2014 for AED 1,000,000, or AED 665 per sqft, in line with the AED 665 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2017. The current contract, signed on 1 November 2017, is AED 60,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 15,400 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Mazaya 01
500K750K1M2009201420192024Typical sale price by year: 2009 AED 791,735; 2014 AED 772,310; 2015 AED 668,204; 2021 AED 450,000; 2022 AED 555,500; 2023 AED 580,000; 2024 AED 523,388; 2025 AED 765,000Sold, April 2014: AED 1,000,000 (AED 665 per sqft)Sold by developer, April 2014: AED 764,245 (AED 508 per sqft)Sold, October 2014: AED 1,000,000 (AED 665 per sqft)

502 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 502, each contractTypical two-bed in Mazaya 01
40K60K80K2014201820222026Typical rent by year: 2014 AED 76,500; 2015 AED 75,000; 2016 AED 70,000; 2017 AED 66,520; 2018 AED 59,250; 2019 AED 50,500; 2020 AED 43,000; 2021 AED 39,000; 2022 AED 40,000; 2023 AED 49,200; 2024 AED 57,563; 2025 AED 62,000; 2026 AED 62,250New contract, November 2017: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 01, and where 502 sits

All 24 2-beds →

502 last sold in October 2014 at AED 665 per sqft, in line with what two-beds in Mazaya 01 were fetching at the time (AED 665). Over the last 12 months two-beds sold for AED 750,000 to 800,000, around AED 670 per sqft, and rent for AED 57,750 to 74,000 a year. 502's AED 60,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Apr 2026800,000
8 Jan 2026750,000
30 Sep 2025800,000
31 Jul 2025800,000
2 2-bed sales in the last 12 months

Mazaya 01

Building

78 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 13 sold in the last 12 months.

Typical price per sqft
AED 742 Up 14.1%
Typical sale
AED 520K
Typical rent
AED 51K /yr
Typical yield
8.0%
Mazaya 01, Liwan: prices, sales and rents →

Other units on the 5th floor

All 78 units in Mazaya 01
Value
5012-bedAED 575K · Mar 2024
5032-bedAED 450K · Jun 2021
5041-bedAED 430K · Jan 2024
5052-bedAED 609K · Jan 2015
5061-bedAED 480K · Sep 2026
5071-bedAED 418K · Feb 2009
5082-bedAED 511K · Mar 2022
1–7 of 8

502, Mazaya 01 in numbers

  • Sold 3 times: first on 10 April 2014 for AED 764,245, last on 2 October 2014 for AED 1,000,000 (AED 665 per sqft).
  • Rented since November 2017 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 15,400 a year (AED 10.28 per sqft).
  • Two-beds in Mazaya 01 sold for AED 750,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 742 per sqft.

Source: Dubai Land Department. Updated 1 November 2017.

Questions about 502, Mazaya 01

What did unit 502 last sell for?

AED 1,000,000 on 2 October 2014: AED 665 per sqft for 1,502 sqft. The unit has 3 registered sales; the first was AED 764,245 in April 2014.

What is the rent for unit 502?

AED 60,000 a year on the contract signed on 1 November 2017.

How big is unit 502?

1,502 sqft (139.5 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2014.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 01 sold for AED 750,000 to 800,000 in the last 12 months, around AED 670 per sqft.

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Mortgage on 502, Mazaya 01

Starts from the last sale price (AED 1M, 2 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →