2-bed · 1,259 sqftMazaya 02, Liwan · 5th floor · completed 2014

503, Mazaya 02

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 892K31 August 2016
Current rentAED 66K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Mazaya 02

What is 503 worth today?

Last sold for AED 892,050 in 2016

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1 Oct 2025RentedRenewal
AED 66,000/yr12 months · AED 52 per sqft
1 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 48 per sqft
1 Oct 2023RentedNew contract
AED 57,000/yr12 months · AED 45 per sqft
20 Sep 2022RentedRenewal
AED 45,000/yr12 months · AED 36 per sqft
20 Sep 2021RentedNew contract
AED 42,000/yr12 months · AED 33 per sqft
20 Jun 2018RentedNew contract
AED 63,000/yr12 months · AED 50 per sqft
31 Aug 2016Sold by developerOff-plan
AED 892,050AED 708 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
2-bed apartment
Size
1,259 sqft
Floor
5th of 9
Parking
G-65
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,000 /yr
Last sold
AED 892K · August 2016
Building
Mazaya 02

About 503, Mazaya 02

503 is a two-bedroom apartment of 1,259 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 31 August 2016 for AED 892,050, or AED 708 per sqft, 100% above the AED 354 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 66,000 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 12,000 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in Mazaya 02
500K750K1M2009201420192024Typical sale price by year: 2009 AED 926,448; 2015 AED 456,690; 2017 AED 860,022; 2018 AED 449,453; 2019 AED 750,000; 2023 AED 694,500; 2024 AED 730,000; 2025 AED 717,500; 2026 AED 915,000Sold by developer, August 2016: AED 892,050 (AED 708 per sqft)

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

Rents
Unit 503, each contractTypical two-bed in Mazaya 02
40K60K2017202020232026Typical rent by year: 2017 AED 67,318; 2018 AED 62,000; 2019 AED 54,000; 2020 AED 48,000; 2021 AED 40,000; 2022 AED 43,000; 2023 AED 46,650; 2024 AED 51,600; 2025 AED 67,000; 2026 AED 70,000New contract, June 2018: AED 63,000 a yearNew contract, September 2021: AED 42,000 a yearRenewal, September 2022: AED 45,000 a yearNew contract, October 2023: AED 57,000 a yearNew contract, October 2024: AED 60,000 a yearRenewal, October 2025: AED 66,000 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 02, and where 503 sits

All 29 2-beds →

503 last sold in August 2016 at AED 708 per sqft, 100% above what two-beds in Mazaya 02 were fetching at the time (AED 354). 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. 503's AED 66,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Aug 2026915,000
27 Jul 2026965,000
8 Apr 2026850,000
30 Apr 2025777,898
3 2-bed sales in the last 12 months

Mazaya 02

Building

91 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%
Mazaya 02, Liwan: prices, sales and rents →

Other units on the 5th floor

All 91 units in Mazaya 02
Value
5011-bedAED 380K · Feb 2024
5022-bedAED 835K · Mar 2017
5041-bedAED 333K · Sep 2017
5051-bedAED 578K · May 2009
5061-bedAED 333K · Sep 2017
5071-bedAED 468K · Jul 2024
5081-bedAED 262K · Apr 2018
1–7 of 11

503, Mazaya 02 in numbers

  • Sold once: by Al Mazaya Real Estate on 31 August 2016 for AED 892,050, or AED 708 per sqft.
  • Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 63,000 to AED 42,000 in 2021 and recovered to AED 66,000 by October 2025.
  • At AED 66,000 a year the gross yield on the 2016 price is 7.4%, before a service charge of about AED 12,000 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 1 October 2025.

Questions about 503, Mazaya 02

What did unit 503 last sell for?

AED 892,050 on 31 August 2016, sold by the developer: AED 708 per sqft for 1,259 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 66,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 60,000; the unit has been rented since June 2018.

How big is unit 503?

1,259 sqft (117.0 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2014.

What is unit 503 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 503, Mazaya 02

Starts from the last sale price (AED 892K, 31 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 892,050
Deposit, UAE resident (20%)
AED 178,410
Deposit, non-resident (40%)
AED 356,820
Monthly over 25 years at 3.7%
AED 3,650

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