Home
Dubai prices
About
Blog
1-bed · 933 sqftMazaya 03, Liwan · 5th floor · completed 2014

509, Mazaya 03

Sold prices and rental history: sold twice, last in May 2021, 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 18 September 2021
Last soldAED 320K17 May 2021
Current rentAED 26K /yr18 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 509

Property timeline for 509, Mazaya 03

What is 509 worth today?

Last sold for AED 320,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Sep 2021RentedNew contract
AED 26,000/yr12 months · AED 28 per sqft
17 May 2021SoldReady
AED 320,000AED 342 per sqft
10 Sep 2020RentedRenewal
AED 25,000/yr12 months · AED 27 per sqft
10 Sep 2019RentedNew contract
AED 35,000/yr12 months · AED 37 per sqft
14 May 2018RentedRenewal
AED 60,000/yr12 months · AED 64 per sqft
14 May 2017RentedNew contract
AED 60,000/yr12 months · AED 64 per sqft
17 Jun 2015Sold by developerReady
AED 340,814AED 365 per sqft

Source: Dubai Land Department. Updated 18 September 2021.

Key facts

Type
1-bed apartment
Size
933 sqft
Floor
5th of 14
Parking
G-109
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 320K · May 2021
Building
Mazaya 03

About 509, Mazaya 03

509 is a one-bedroom apartment of 933 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 17 May 2021 for AED 320,000, or AED 342 per sqft, 14% below the AED 397 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 18 September 2021, is AED 26,000 a year: a gross yield of 8.1% on the 2021 price, before the service charge of about AED 6,900 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, June 2015: AED 340,814 (AED 365 per sqft)Sold, May 2021: AED 320,000 (AED 342 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in Mazaya 03
20K40K60K20152017201920212023Typical 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, May 2017: AED 60,000 a yearRenewal, May 2018: AED 60,000 a yearNew contract, September 2019: AED 35,000 a yearRenewal, September 2020: AED 25,000 a yearNew contract, September 2021: AED 26,000 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 509 sits

All 147 1-beds →

509 last sold in May 2021 at AED 342 per sqft, 14% below what one-beds in Mazaya 03 were fetching at the time (AED 397). 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
5041-bedAED 449K · May 2009
5052-bedAED 680K · Feb 2026
5062-bedAED 760K · Aug 2017
5071-bedAED 341K · Jul 2015
1–7 of 18

509, Mazaya 03 in numbers

  • Sold twice: first on 17 June 2015 for AED 340,814, last on 17 May 2021 for AED 320,000 (AED 342 per sqft).
  • Rented since May 2017 on 5 Ejari contracts, from AED 60,000 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2021 price is 8.1%, before a service charge of about AED 6,900 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 18 September 2021.

Questions about 509, Mazaya 03

What did unit 509 last sell for?

AED 320,000 on 17 May 2021: AED 342 per sqft for 933 sqft. The unit has 2 registered sales; the first was AED 340,814 in June 2015.

What is the rent for unit 509?

AED 26,000 a year on the contract signed on 18 September 2021. The previous contract, from September 2020, was AED 25,000; the unit has been rented since May 2017.

How big is unit 509?

933 sqft (86.7 sqm): a one-bedroom apartment on the 5th floor of a 14-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. One-beds in Mazaya 03 sold for AED 380,000 to 520,000 in the last 12 months, around AED 624 per sqft.

Selling 509? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 509, Mazaya 03

Starts from the last sale price (AED 320K, 17 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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