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1-bed · 642 sqftMazaya 03, Liwan · 5th floor · completed 2014

504, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 10 September 2018
Last soldAED 449K5 May 2009
Current rentAED 38K /yr10 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Mazaya 03

What is 504 worth today?

Last sold for AED 449,343 in 2009

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10 Sep 2018RentedRenewal
AED 38,000/yr12 months · AED 59 per sqft
10 Sep 2017RentedRenewal
AED 38,000/yr12 months · AED 59 per sqft
10 Sep 2016RentedRenewal
AED 50,000/yr12 months · AED 77 per sqft
10 Sep 2015RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
5 May 2009Sold by developerOff-plan
AED 449,343AED 699 per sqft

Source: Dubai Land Department. Updated 10 September 2018.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
5th of 14
Parking
G-76
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 449K · May 2009
Building
Mazaya 03

About 504, Mazaya 03

504 is a one-bedroom apartment of 642 sqft on the 5th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 5 May 2009 for AED 449,343, or AED 699 per sqft, in line with the AED 710 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 10 September 2018, is AED 38,000 a year: a gross yield of 8.5% on the 2009 price, before the service charge of about AED 4,700 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Mazaya 03
300K400K500K2009201420192024Typical sale price by year: 2009 AED 461,258; 2013 AED 491,929; 2014 AED 457,725; 2015 AED 321,081; 2016 AED 450,000; 2017 AED 475,000; 2018 AED 400,000; 2019 AED 375,000; 2021 AED 310,000; 2025 AED 378,327; 2026 AED 450,000Sold by developer, May 2009: AED 449,343 (AED 699 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in Mazaya 03
40K20152017201920212023Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 47,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 25,000; 2022 AED 25,650New contract, September 2015: AED 50,000 a yearRenewal, September 2016: AED 50,000 a yearRenewal, September 2017: AED 38,000 a yearRenewal, September 2018: AED 38,000 a year

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 504 sits

All 147 1-beds →

504 last sold in May 2009 at AED 699 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 710). 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 salesUnit no.Price (AED)Summary
4 Jun 2026515,000
30 Apr 2026410,270
4 Apr 2026400,000
31 Jan 2026450,000
7 1-bed sales in the last 12 months

Mazaya 03

Building

219 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%
Mazaya 03, Liwan: prices, sales and rents →

Other units on the 5th floor

All 219 units in Mazaya 03
Value
5011-bedAED 228K · Sep 2016
5021-bedAED 365K · Mar 2019
5031-bedAED 249K · Jun 2015
5052-bedAED 680K · Feb 2026
5062-bedAED 760K · Aug 2017
5071-bedAED 341K · Jul 2015
5081-bedAED 342K · Jul 2015
1–7 of 18

504, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 5 May 2009 for AED 449,343, or AED 699 per sqft.
  • Rented since September 2015 on 4 Ejari contracts, from AED 50,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2009 price is 8.5%, before a service charge of about AED 4,700 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 10 September 2018.

Questions about 504, Mazaya 03

What did unit 504 last sell for?

AED 449,343 on 5 May 2009, sold by the developer: AED 699 per sqft for 642 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 38,000 a year on the contract renewed on 10 September 2018. The previous contract, from September 2017, was AED 38,000; the unit has been rented since September 2015.

How big is unit 504?

642 sqft (59.6 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2014.

What is unit 504 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 504, Mazaya 03

Starts from the last sale price (AED 449K, 5 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 449,343
Deposit, UAE resident (20%)
AED 89,869
Deposit, non-resident (40%)
AED 179,737
Monthly over 25 years at 3.7%
AED 1,838

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