505, Mazaya 01
Sold prices and rental history: sold once, by the developer in January 2015, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Mazaya 01
What is 505 worth today?
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Source: Dubai Land Department. Updated 15 May 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,185 sqft
- Floor
- 5th of 9
- Parking
- G-24
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,200 /yr
- Last sold
- AED 609K · January 2015
- Building
- Mazaya 01
About 505, Mazaya 01
505 is a two-bedroom apartment of 1,185 sqft on the 5th floor of Mazaya 01, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 25 January 2015 for AED 609,250, or AED 514 per sqft, 13% below the AED 594 two-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 15 May 2018, is AED 50,000 a year: a gross yield of 8.2% on the 2015 price, before the service charge of about AED 12,200 a year.
Sales and rents for 505 over time
505 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 01, and where 505 sits
All 24 2-beds →505 last sold in January 2015 at AED 514 per sqft, 13% below what two-beds in Mazaya 01 were fetching at the time (AED 594). 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. 505's AED 50,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Apr 202614 April 2026 | 1,185 sqft | 800,000 | 675 | ||
| 8 Jan 20268 January 2026 | 1,128 sqft | 750,000 | 665 | ||
| 30 Sep 202530 September 2025 | 1,163 sqft | 800,000 | 687 | ||
| 31 Jul 202531 July 2025 | 1,575 sqft | 800,000 | 507 |
Mazaya 01
Building78 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%
Other units on the 5th floor
All 78 units in Mazaya 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,125 sqft | AED 575KAED 575,000 · Mar 2024March 2024 | 62,000 /yr | |
| 502 | 2-bed | 1,502 sqft | AED 1MAED 1,000,000 · Oct 2014October 2014 | 60,000 /yr | |
| 503 | 2-bed | 1,128 sqft | AED 450KAED 450,000 · Jun 2021June 2021 | 49,450 /yr | |
| 504 | 1-bed | 916 sqft | AED 430KAED 430,000 · Jan 2024January 2024 | 52,000 /yr | |
| 506 | 1-bed | 646 sqft | AED 480KAED 480,000 · Sep 2026September 2026 | 48,000 /yr | |
| 507 | 1-bed | 646 sqft | AED 418KAED 417,907 · Feb 2009February 2009 | 50,000 /yr | |
| 508 | 2-bed | 1,163 sqft | AED 511KAED 511,000 · Mar 2022March 2022 | 57,750 /yr | |
| 509 | 1-bed | 916 sqft | AED 745KAED 744,536 · May 2009May 2009 | 53,000 /yr |
505, Mazaya 01 in numbers
- Sold once: by Al Mazaya Real Estate on 25 January 2015 for AED 609,250, or AED 514 per sqft.
- Rented since June 2014 on 3 Ejari contracts, from AED 70,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2015 price is 8.2%, before a service charge of about AED 12,200 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 15 May 2018.
Questions about 505, Mazaya 01
What did unit 505 last sell for?
AED 609,250 on 25 January 2015, sold by the developer: AED 514 per sqft for 1,185 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 50,000 a year on the contract signed on 15 May 2018. The previous contract, from February 2017, was AED 70,000; the unit has been rented since June 2014.
How big is unit 505?
1,185 sqft (110.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2014.
What is unit 505 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 505, Mazaya 01
Starts from the last sale price (AED 609K, 25 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 609,250
- Deposit, UAE resident (20%)
- AED 121,850
- Deposit, non-resident (40%)
- AED 243,700
- Monthly over 25 years at 3.7%
- AED 2,493
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →