514, Mazaya 03
Sold prices and rental history: sold once, by the developer in May 2009, and rented once, from May 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 514, Mazaya 03
What is 514 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 17 May 2015.
Key facts
- Type
- 2-bed apartment
- Size
- 1,294 sqft
- Floor
- 5th of 14
- Parking
- B-31
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 9,500 /yr
- Last sold
- AED 890K · May 2009
- Building
- Mazaya 03
About 514, Mazaya 03
514 is a two-bedroom apartment of 1,294 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 7 May 2009 for AED 889,907, or AED 687 per sqft, 5% below the AED 721 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 17 May 2015. The current contract, signed on 17 May 2015, is AED 72,000 a year: a gross yield of 8.1% on the 2009 price, before the service charge of about AED 9,500 a year.
Sales and rents for 514 over time
514 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 03, and where 514 sits
All 58 2-beds →514 last sold in May 2009 at AED 687 per sqft, 5% below what two-beds in Mazaya 03 were fetching at the time (AED 721). Over the last 12 months two-beds sold for AED 680,000 to 700,000, around AED 561 per sqft, and rent for AED 50,000 to 50,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 May 202612 May 2026 | 1,246 sqft | 700,000 | 561 | ||
| 29 Apr 202629 April 2026 | 1,501 sqft | 700,000 | 466 | ||
| 13 Feb 202613 February 2026 | 1,168 sqft | 680,000 | 582 | ||
| 30 Mar 202230 March 2022 | 1,214 sqft | 452,000 | 372 |
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 | |
| 502 | 1-bed | 593 sqft | AED 365KAED 365,000 · Mar 2019March 2019 | 26,000 /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 | |
| 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 |
514, Mazaya 03 in numbers
- Sold once: by Al Mazaya Real Estate on 7 May 2009 for AED 889,907, or AED 687 per sqft.
- Rented since May 2015 on one Ejari contract, at AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2009 price is 8.1%, before a service charge of about AED 9,500 a year (AED 7.37 per sqft).
- Two-beds in Mazaya 03 sold for AED 680,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.
Source: Dubai Land Department. Updated 17 May 2015.
Questions about 514, Mazaya 03
What did unit 514 last sell for?
AED 889,907 on 7 May 2009, sold by the developer: AED 687 per sqft for 1,294 sqft. It is the only registered sale of the unit.
What is the rent for unit 514?
AED 72,000 a year on the contract signed on 17 May 2015.
How big is unit 514?
1,294 sqft (120.2 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2014.
What is unit 514 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 03 sold for AED 680,000 to 700,000 in the last 12 months, around AED 561 per sqft.
Selling 514? 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.
Mortgage on 514, Mazaya 03
Starts from the last sale price (AED 890K, 7 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 889,907
- Deposit, UAE resident (20%)
- AED 177,981
- Deposit, non-resident (40%)
- AED 355,963
- Monthly over 25 years at 3.7%
- AED 3,641
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →