1-bed · 646 sqftMazaya 01, Liwan · 5th floor · completed 2014

507, Mazaya 01

Sold prices and rental history: sold once, by the developer in February 2009, and rented once, from October 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 1 October 2014
Last soldAED 418K12 February 2009
Current rentAED 50K /yr1 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Mazaya 01

What is 507 worth today?

Last sold for AED 417,907 in 2009

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1 Oct 2014RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
12 Feb 2009Sold by developerOff-plan
AED 417,907AED 646 per sqft

Source: Dubai Land Department. Updated 1 October 2014.

Key facts

Type
1-bed apartment
Size
646 sqft
Floor
5th of 9
Parking
G-55
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 418K · February 2009
Building
Mazaya 01

About 507, Mazaya 01

507 is a one-bedroom apartment of 646 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 12 February 2009 for AED 417,907, or AED 646 per sqft, in line with the AED 652 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2014. The current contract, signed on 1 October 2014, is AED 50,000 a year: a gross yield of 12.0% on the 2009 price, before the service charge of about AED 6,600 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Mazaya 01
400K600K2009201420192024Typical sale price by year: 2009 AED 426,342; 2014 AED 426,342; 2015 AED 540,000; 2016 AED 660,000; 2017 AED 530,000; 2018 AED 385,000; 2022 AED 290,000; 2023 AED 336,500; 2024 AED 415,000; 2025 AED 480,000; 2026 AED 512,500Sold by developer, February 2009: AED 417,907 (AED 646 per sqft)

507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 507, each contractTypical one-bed in Mazaya 01
40K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 50,000; 2016 AED 50,000; 2017 AED 45,500; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 29,900; 2023 AED 34,500; 2024 AED 44,000; 2025 AED 48,000; 2026 AED 48,000New contract, October 2014: AED 50,000 a year

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

1-beds in Mazaya 01, and where 507 sits

All 50 1-beds →

507 last sold in February 2009 at AED 646 per sqft, in line with what one-beds in Mazaya 01 were fetching at the time (AED 652). Over the last 12 months one-beds sold for AED 480,000 to 660,000, around AED 749 per sqft, and rent for AED 34,415 to 65,000 a year. 507's AED 50,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2026480,000
1 Oct 2026510,000
24 Sep 2026480,000
14 Aug 2026515,000
11 1-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
5022-bedAED 1M · Oct 2014
5032-bedAED 450K · Jun 2021
5041-bedAED 430K · Jan 2024
5052-bedAED 609K · Jan 2015
5061-bedAED 480K · Sep 2026
5082-bedAED 511K · Mar 2022
1–7 of 8

507, Mazaya 01 in numbers

  • Sold once: by Al Mazaya Real Estate on 12 February 2009 for AED 417,907, or AED 646 per sqft.
  • Rented since October 2014 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2009 price is 12.0%, before a service charge of about AED 6,600 a year (AED 10.28 per sqft).
  • One-beds in Mazaya 01 sold for AED 480,000–660,000 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 October 2014.

Questions about 507, Mazaya 01

What did unit 507 last sell for?

AED 417,907 on 12 February 2009, sold by the developer: AED 646 per sqft for 646 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 50,000 a year on the contract signed on 1 October 2014.

How big is unit 507?

646 sqft (60.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2014.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 01 sold for AED 480,000 to 660,000 in the last 12 months, around AED 749 per sqft.

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Mortgage on 507, Mazaya 01

Starts from the last sale price (AED 418K, 12 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 417,907
Deposit, UAE resident (20%)
AED 83,581
Deposit, non-resident (40%)
AED 167,163
Monthly over 25 years at 3.7%
AED 1,710

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