2-bed · 1,348 sqftMazaya 02, Liwan · 5th floor · completed 2014

509, Mazaya 02

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 6 April 2026
Last soldAED 730K15 April 2024
Current rentAED 70K /yr6 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Mazaya 02

What is 509 worth today?

Last sold for AED 730,000 in 2024

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6 Apr 2026RentedRenewal
AED 70,000/yr36 months · AED 52 per sqft
6 Apr 2025RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
6 Apr 2025RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
6 Sep 2024RentedNew contract
AED 57,737/yr7 months · AED 43 per sqft
15 Apr 2024SoldReady
AED 730,000AED 541 per sqft
5 Sep 2023RentedNew contract
AED 54,848/yr12 months · AED 41 per sqft
5 Jul 2022RentedRenewal
AED 43,000/yr12 months · AED 32 per sqft
5 Jul 2021RentedNew contract
AED 43,000/yr12 months · AED 32 per sqft

Source: Dubai Land Department. Updated 6 April 2026.

Key facts

Type
2-bed apartment
Size
1,348 sqft
Floor
5th of 9
Parking
F-11
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,800 /yr
Last sold
AED 730K · April 2024
Building
Mazaya 02

About 509, Mazaya 02

509 is a two-bedroom apartment of 1,348 sqft on the 5th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 15 April 2024 for AED 730,000, or AED 541 per sqft, in line with the AED 541 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 6 April 2026, is AED 70,000 a year: a gross yield of 9.6% on the 2024 price, before the service charge of about AED 12,800 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, May 2009: AED 983,861 (AED 730 per sqft)Sold, April 2024: AED 730,000 (AED 541 per sqft)

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

Rents
Unit 509, each contractTypical two-bed in Mazaya 02
40K60K80K2017202020232026Typical 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, May 2017: AED 74,000 a yearRenewal, May 2018: AED 72,000 a yearNew contract, July 2020: AED 47,000 a yearNew contract, July 2021: AED 43,000 a yearRenewal, July 2022: AED 43,000 a yearNew contract, September 2023: AED 54,848 a yearNew contract, September 2024: AED 57,737 a yearNew contract, April 2025: AED 70,000 a yearNew contract, April 2025: AED 70,000 a yearRenewal, April 2026: AED 70,000 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 509 sits

All 29 2-beds →

509 last sold in April 2024 at AED 541 per sqft, in line with what two-beds in Mazaya 02 were fetching at the time (AED 541). 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. 509's AED 70,000 is in the upper 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
5032-bedAED 892K · Aug 2016
5041-bedAED 333K · Sep 2017
5051-bedAED 578K · May 2009
5061-bedAED 333K · Sep 2017
5071-bedAED 468K · Jul 2024
1–7 of 11

509, Mazaya 02 in numbers

  • Sold twice: first on 11 May 2009 for AED 983,861, last on 15 April 2024 for AED 730,000 (AED 541 per sqft).
  • Rented since May 2017 on 10 Ejari contracts. The rent fell from AED 74,000 to AED 43,000 in 2022 and recovered to AED 70,000 by April 2026.
  • At AED 70,000 a year the gross yield on the 2024 price is 9.6%, before a service charge of about AED 12,800 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 6 April 2026.

Questions about 509, Mazaya 02

What did unit 509 last sell for?

AED 730,000 on 15 April 2024: AED 541 per sqft for 1,348 sqft. The unit has 2 registered sales; the first was AED 983,861 in May 2009.

What is the rent for unit 509?

AED 70,000 a year on the contract renewed on 6 April 2026. The previous contract, from April 2025, was AED 70,000; the unit has been rented since May 2017.

How big is unit 509?

1,348 sqft (125.2 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2014.

What is unit 509 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 509, Mazaya 02

Starts from the last sale price (AED 730K, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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