511, Mazaya 02
Sold prices and rental history: sold once, by the developer in July 2016, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Mazaya 02
What is 511 worth today?
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Source: Dubai Land Department. Updated 10 June 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 722 sqft
- Floor
- 5th of 9
- Parking
- G-14
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 6,900 /yr
- Last sold
- AED 548K · July 2016
- Building
- Mazaya 02
About 511, Mazaya 02
511 is a one-bedroom apartment of 722 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 10 July 2016 for AED 547,582, or AED 758 per sqft, 31% above the AED 578 one-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 10 June 2019, is AED 42,000 a year: a gross yield of 7.7% on the 2016 price, before the service charge of about AED 6,900 a year.
Sales and rents for 511 over time
511 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 02, and where 511 sits
All 56 1-beds →511 last sold in July 2016 at AED 758 per sqft, 31% above what one-beds in Mazaya 02 were fetching at the time (AED 578). Over the last 12 months one-beds sold for AED 499,000 to 655,000, around AED 741 per sqft, and rent for AED 41,607 to 60,000 a year. 511's AED 42,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 994 sqft | 620,000 | 624 | ||
| 26 Oct 202626 October 2026 | 994 sqft | 573,650 | 577 | ||
| 27 Apr 202627 April 2026 | 650 sqft | 499,000 | 767 | ||
| 29 Jan 202629 January 2026 | 722 sqft | 550,000 | 761 |
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 | |
| 502 | 2-bed | 1,222 sqft | AED 835KAED 834,881 · Mar 2017March 2017 | 58,800 /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 | ||
| 512 | 1-bed | 735 sqft | AED 522KAED 521,563 · May 2016May 2016 | 44,000 /yr |
511, Mazaya 02 in numbers
- Sold once: by Al Mazaya Real Estate on 10 July 2016 for AED 547,582, or AED 758 per sqft.
- Rented since June 2017 on 3 Ejari contracts, from AED 46,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2016 price is 7.7%, before a service charge of about AED 6,900 a year (AED 9.51 per sqft).
- One-beds in Mazaya 02 sold for AED 499,000–655,000 in the 12 months to November 2026; the building's median across all types is AED 727 per sqft.
Source: Dubai Land Department. Updated 10 June 2019.
Questions about 511, Mazaya 02
What did unit 511 last sell for?
AED 547,582 on 10 July 2016, sold by the developer: AED 758 per sqft for 722 sqft. It is the only registered sale of the unit.
What is the rent for unit 511?
AED 42,000 a year on the contract renewed on 10 June 2019. The previous contract, from June 2018, was AED 46,000; the unit has been rented since June 2017.
How big is unit 511?
722 sqft (67.1 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2014.
What is unit 511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 02 sold for AED 499,000 to 655,000 in the last 12 months, around AED 741 per sqft.
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Mortgage on 511, Mazaya 02
Starts from the last sale price (AED 548K, 10 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 547,582
- Deposit, UAE resident (20%)
- AED 109,516
- Deposit, non-resident (40%)
- AED 219,033
- Monthly over 25 years at 3.7%
- AED 2,240
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →