2-bed · 1,163 sqftMazaya 01, Liwan · 5th floor · completed 2014

508, Mazaya 01

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 10 March 2026
Last soldAED 511K14 March 2022
Current rentAED 58K /yr10 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Mazaya 01

What is 508 worth today?

Last sold for AED 511,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Mar 2026RentedNew contract
AED 57,750/yr12 months · AED 50 per sqft
10 Mar 2025RentedRenewal
AED 57,750/yr12 months · AED 50 per sqft
10 Mar 2025RentedRenewal
AED 57,750/yr12 months · AED 50 per sqft
10 Mar 2024RentedRenewal
AED 55,000/yr12 months · AED 47 per sqft
10 Mar 2023RentedNew contract
AED 55,000/yr12 months · AED 47 per sqft
14 Mar 2022SoldReady
AED 511,000AED 439 per sqft
10 Jun 2019RentedRenewal
AED 55,000/yr12 months · AED 47 per sqft
10 Jun 2018RentedRenewal
AED 61,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 10 March 2026.

Key facts

Type
2-bed apartment
Size
1,163 sqft
Floor
5th of 9
Parking
G-03
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,000 /yr
Last sold
AED 511K · March 2022
Building
Mazaya 01

About 508, Mazaya 01

508 is a two-bedroom apartment of 1,163 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 14 March 2022 for AED 511,000, or AED 439 per sqft, 10% above the AED 399 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 10 March 2026, is AED 57,750 a year: a gross yield of 11.3% on the 2022 price, before the service charge of about AED 12,000 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical two-bed in Mazaya 01
400K600K800K2009201420192024Typical 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 by developer, February 2009: AED 791,735 (AED 680 per sqft)Sold, March 2022: AED 511,000 (AED 439 per sqft)

508 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 508, 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, June 2017: AED 68,000 a yearRenewal, June 2018: AED 61,000 a yearRenewal, June 2019: AED 55,000 a yearNew contract, March 2023: AED 55,000 a yearRenewal, March 2024: AED 55,000 a yearRenewal, March 2025: AED 57,750 a yearRenewal, March 2025: AED 57,750 a yearNew contract, March 2026: AED 57,750 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 508 sits

All 24 2-beds →

508 last sold in March 2022 at AED 439 per sqft, 10% above what two-beds in Mazaya 01 were fetching at the time (AED 399). 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. 508's AED 57,750 is at the bottom 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
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
5071-bedAED 418K · Feb 2009
1–7 of 8

508, Mazaya 01 in numbers

  • Sold twice: first on 2 February 2009 for AED 791,735, last on 14 March 2022 for AED 511,000 (AED 439 per sqft).
  • Rented since June 2017 on 8 Ejari contracts, from AED 68,000 to AED 57,750 a year.
  • At AED 57,750 a year the gross yield on the 2022 price is 11.3%, before a service charge of about AED 12,000 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 10 March 2026.

Questions about 508, Mazaya 01

What did unit 508 last sell for?

AED 511,000 on 14 March 2022: AED 439 per sqft for 1,163 sqft. The unit has 2 registered sales; the first was AED 791,735 in February 2009.

What is the rent for unit 508?

AED 57,750 a year on the contract signed on 10 March 2026. The previous contract, from March 2025, was AED 57,750; the unit has been rented since June 2017.

How big is unit 508?

1,163 sqft (108.0 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2014.

What is unit 508 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.

Selling 508? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 508, Mazaya 01

Starts from the last sale price (AED 511K, 14 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 511,000
Deposit, UAE resident (20%)
AED 102,200
Deposit, non-resident (40%)
AED 204,400
Monthly over 25 years at 3.7%
AED 2,091

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