502, Mazaya 03
Sold prices and rental history: sold 4 times, last in March 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Mazaya 03
What is 502 worth today?
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Source: Dubai Land Department. Updated 21 February 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 593 sqft
- Floor
- 5th of 14
- Parking
- G-54
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 4,400 /yr
- Last sold
- AED 365K · March 2019
- Building
- Mazaya 03
About 502, Mazaya 03
502 is a one-bedroom apartment of 593 sqft on the 5th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 19 March 2019 for AED 365,000, or AED 615 per sqft, in line with the AED 615 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 21 February 2022, is AED 26,000 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 4,400 a year.
Sales and rents for 502 over time
502 has sold 4 times; 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 03, and where 502 sits
All 147 1-beds →502 last sold in March 2019 at AED 615 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 615). Over the last 12 months one-beds sold for AED 380,000 to 520,000, around AED 624 per sqft, and rent for AED 40,000 to 50,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20264 June 2026 | 934 sqft | 515,000 | 551 | ||
| 30 Apr 202630 April 2026 | 618 sqft | 410,270 | 664 | ||
| 4 Apr 20264 April 2026 | 641 sqft | 400,000 | 624 | ||
| 31 Jan 202631 January 2026 | 593 sqft | 450,000 | 759 |
Mazaya 03
Building219 apartments, studios to 3-bed over 14 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 11 sold in the last 12 months.
- Typical price per sqft
- AED 571
- Typical sale
- AED 515K
- Typical rent
- AED 50K /yr
- Typical yield
- 7.1%
Other units on the 5th floor
All 219 units in Mazaya 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 521 sqft | AED 228KAED 227,500 · Sep 2016September 2016 | 30,000 /yr | |
| 503 | 1-bed | 641 sqft | AED 249KAED 248,853 · Jun 2015June 2015 | 26,500 /yr | |
| 504 | 1-bed | 642 sqft | AED 449KAED 449,343 · May 2009May 2009 | 38,000 /yr | |
| 505 | 2-bed | 1,168 sqft | AED 680KAED 680,000 · Feb 2026February 2026 | 41,000 /yr | |
| 506 | 2-bed | 1,214 sqft | AED 760KAED 760,000 · Aug 2017August 2017 | 36,000 /yr | |
| 507 | 1-bed | 910 sqft | AED 341KAED 340,625 · Jul 2015July 2015 | 27,000 /yr | |
| 508 | 1-bed | 893 sqft | AED 342KAED 342,140 · Jul 2015July 2015 | 28,000 /yr | |
| 509 | 1-bed | 933 sqft | AED 320KAED 320,000 · May 2021May 2021 | 26,000 /yr | |
| 510 | 1-bed | 618 sqft | AED 467KAED 467,007 · May 2009May 2009 | 26,000 /yr | |
| 511 | 1-bed | 618 sqft | AED 410KAED 410,270 · Apr 2026April 2026 | 23,872 /yr | |
| 512 | 1-bed | 619 sqft | AED 485KAED 485,000 · Jun 2016June 2016 | 25,000 /yr | |
| 513 | 1-bed | 609 sqft | AED 216KAED 216,147 · Sep 2015September 2015 | 24,000 /yr | |
| 514 | 2-bed | 1,294 sqft | AED 890KAED 889,907 · May 2009May 2009 | 72,000 /yr | |
| 515 | 2-bed | 1,098 sqft | AED 408KAED 408,179 · Jun 2015June 2015 | ||
| 516 | 1-bed | 632 sqft | AED 341KAED 341,196 · Mar 2018March 2018 | 28,000 /yr | |
| 517 | 1-bed | 834 sqft | AED 584KAED 584,000 · Jul 2015July 2015 | 45,000 /yr | |
| 518 | 1-bed | 781 sqft | AED 301KAED 300,823 · Mar 2018March 2018 | 35,000 /yr | |
| 519 | 1-bed | 515 sqft | AED 294KAED 294,300 · Jun 2025June 2025 | 22,000 /yr |
502, Mazaya 03 in numbers
- Sold 4 times: first on 5 May 2009 for AED 415,598, last on 19 March 2019 for AED 365,000 (AED 615 per sqft).
- Rented since May 2016 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 22,500 in 2021 and recovered to AED 26,000 by February 2022.
- At AED 26,000 a year the gross yield on the 2019 price is 7.1%, before a service charge of about AED 4,400 a year (AED 7.37 per sqft).
- One-beds in Mazaya 03 sold for AED 380,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.
Source: Dubai Land Department. Updated 21 February 2022.
Questions about 502, Mazaya 03
What did unit 502 last sell for?
AED 365,000 on 19 March 2019: AED 615 per sqft for 593 sqft. The unit has 4 registered sales; the first was AED 415,598 in May 2009.
What is the rent for unit 502?
AED 26,000 a year on the contract signed on 21 February 2022. The previous contract, from February 2021, was AED 22,500; the unit has been rented since May 2016.
How big is unit 502?
593 sqft (55.1 sqm): a one-bedroom apartment on the 5th floor of a 14-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. One-beds in Mazaya 03 sold for AED 380,000 to 520,000 in the last 12 months, around AED 624 per sqft.
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Mortgage on 502, Mazaya 03
Starts from the last sale price (AED 365K, 19 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 365,000
- Deposit, UAE resident (20%)
- AED 73,000
- Deposit, non-resident (40%)
- AED 146,000
- Monthly over 25 years at 3.7%
- AED 1,493
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →