502, Mazaya 02
Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Mazaya 02
What is 502 worth today?
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Source: Dubai Land Department. Updated 15 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,222 sqft
- Floor
- 5th of 9
- Parking
- G-42
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 11,600 /yr
- Last sold
- AED 835K · March 2017
- Building
- Mazaya 02
About 502, Mazaya 02
502 is a two-bedroom apartment of 1,222 sqft on the 5th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 5 March 2017 for AED 834,881, or AED 673 per sqft.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 April 2024, is AED 58,800 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 11,600 a year.
Sales and rents for 502 over time
502 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 02, and where 502 sits
All 29 2-beds →Over the last 12 months two-beds sold for AED 850,000 to 965,000, around AED 716 per sqft, and rent for AED 52,330 to 85,000 a year. 502's AED 58,800 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Aug 202618 August 2026 | 1,239 sqft | 915,000 | 738 | ||
| 27 Jul 202627 July 2026 | 1,348 sqft | 965,000 | 716 | ||
| 8 Apr 20268 April 2026 | 1,259 sqft | 850,000 | 674 | ||
| 30 Apr 202530 April 2025 | 1,349 sqft | 777,898 | 576 |
Mazaya 02
Building91 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.
- Typical price per sqft
- AED 727 Up 26.2%
- Typical sale
- AED 597K
- Typical rent
- AED 53K /yr
- Typical yield
- 8.2%
Other units on the 5th floor
All 91 units in Mazaya 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 652 sqft | AED 380KAED 380,000 · Feb 2024February 2024 | 58,000 /yr | |
| 503 | 2-bed | 1,259 sqft | AED 892KAED 892,050 · Aug 2016August 2016 | 66,000 /yr | |
| 504 | 1-bed | 996 sqft | AED 333KAED 333,097 · Sep 2017September 2017 | 58,000 /yr | |
| 505 | 1-bed | 840 sqft | AED 578KAED 577,639 · May 2009May 2009 | 55,000 /yr | |
| 506 | 1-bed | 994 sqft | AED 333KAED 332,771 · Sep 2017September 2017 | 53,000 /yr | |
| 507 | 1-bed | 763 sqft | AED 468KAED 468,000 · Jul 2024July 2024 | 42,000 /yr | |
| 508 | 1-bed | 769 sqft | AED 262KAED 262,021 · Apr 2018April 2018 | 42,000 /yr | |
| 509 | 2-bed | 1,348 sqft | AED 730KAED 730,000 · Apr 2024April 2024 | 70,000 /yr | |
| 510 | 1-bed | 740 sqft | AED 546KAED 545,818 · Nov 2016November 2016 | ||
| 511 | 1-bed | 722 sqft | AED 548KAED 547,582 · Jul 2016July 2016 | 42,000 /yr | |
| 512 | 1-bed | 735 sqft | AED 522KAED 521,563 · May 2016May 2016 | 44,000 /yr |
502, Mazaya 02 in numbers
- Sold once: by Al Mazaya Real Estate on 5 March 2017 for AED 834,881, or AED 673 per sqft.
- Rented since May 2018 on 7 Ejari contracts. The rent fell from AED 62,000 to AED 43,000 in 2022 and recovered to AED 58,800 by April 2024.
- At AED 58,800 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 11,600 a year (AED 9.51 per sqft).
- Two-beds in Mazaya 02 sold for AED 850,000–965,000 in the 12 months to November 2026; the building's median across all types is AED 727 per sqft.
Source: Dubai Land Department. Updated 15 April 2024.
Questions about 502, Mazaya 02
What did unit 502 last sell for?
AED 834,881 on 5 March 2017, sold by the developer: AED 673 per sqft for 1,222 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 58,800 a year on the contract renewed on 15 April 2024. The previous contract, from April 2023, was AED 45,000; the unit has been rented since May 2018.
How big is unit 502?
1,222 sqft (113.5 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 02 sold for AED 850,000 to 965,000 in the last 12 months, around AED 716 per sqft.
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Mortgage on 502, Mazaya 02
Starts from the last sale price (AED 835K, 5 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 834,881
- Deposit, UAE resident (20%)
- AED 166,976
- Deposit, non-resident (40%)
- AED 333,952
- Monthly over 25 years at 3.7%
- AED 3,416
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →