1-bed · 853 sqftMazaya 04, Liwan · 5th floor · completed 2014

501, Mazaya 04

Sold prices and rental history: sold twice, last in July 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 26 July 2018
Last soldAED 495K26 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Mazaya 04

What is 501 worth today?

Last sold for AED 495,000 in 2018

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26 Jul 2018SoldReady
AED 495,000AED 580 per sqft
14 Jul 2015Sold by developerReady
AED 334,029AED 391 per sqft

Source: Dubai Land Department. Updated 26 July 2018.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
5th of 13
Parking
G-90
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 495K · July 2018
Building
Mazaya 04

About 501, Mazaya 04

501 is a one-bedroom apartment of 853 sqft on the 5th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 26 July 2018 for AED 495,000, or AED 580 per sqft, 15% below the AED 681 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Mazaya 04
300K400K500K2009201420192024Typical sale price by year: 2009 AED 412,907; 2013 AED 389,160; 2014 AED 392,326; 2015 AED 390,794; 2016 AED 460,000; 2017 AED 470,000; 2018 AED 380,000; 2019 AED 340,000; 2020 AED 300,000; 2021 AED 277,500; 2022 AED 277,500; 2023 AED 300,000; 2025 AED 335,000; 2026 AED 316,530Sold by developer, July 2015: AED 334,029 (AED 391 per sqft)Sold, July 2018: AED 495,000 (AED 580 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Mazaya 04
20K40K60K2014201820222026Typical rent by year: 2014 AED 48,000; 2015 AED 48,000; 2016 AED 48,867; 2017 AED 45,514; 2018 AED 40,000; 2019 AED 32,500; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 26,500; 2023 AED 25,000; 2024 AED 35,000; 2025 AED 49,000; 2026 AED 55,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mazaya 04, and where 501 sits

All 140 1-beds →

501 last sold in July 2018 at AED 580 per sqft, 15% below what one-beds in Mazaya 04 were fetching at the time (AED 681). Over the last 12 months one-beds sold for AED 90,000 to 507,360, around AED 569 per sqft, and rent for AED 22,000 to 60,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 2026305,000
24 Aug 2026410,000
13 Aug 2026300,000
19 Jul 2026305,000
18 1-bed sales in the last 12 months

Mazaya 04

Building

216 apartments, 1-bed to 3-bed over 13 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 23 sold in the last 12 months.

Typical price per sqft
AED 557 Up 1.5%
Typical sale
AED 340K
Typical rent
AED 53K /yr
Typical yield
14.7%
Mazaya 04, Liwan: prices, sales and rents →

Other units on the 5th floor

All 216 units in Mazaya 04
Value
5022-bedAED 613K · Dec 2014
5032-bedAED 670K · Mar 2018
5041-bedAED 365K · Feb 2015
5051-bedAED 480K · Feb 2017
5061-bedAED 379K · Nov 2015
5071-bedAED 392K · Dec 2014
5081-bedAED 800K · Nov 2014
1–7 of 17

501, Mazaya 04 in numbers

  • Sold twice: first on 14 July 2015 for AED 334,029, last on 26 July 2018 for AED 495,000 (AED 580 per sqft).
  • One-beds in Mazaya 04 sold for AED 90,000–507,360 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 26 July 2018.

Questions about 501, Mazaya 04

What did unit 501 last sell for?

AED 495,000 on 26 July 2018: AED 580 per sqft for 853 sqft. The unit has 2 registered sales; the first was AED 334,029 in July 2015.

How big is unit 501?

853 sqft (79.2 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2014.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 04 sold for AED 90,000 to 507,360 in the last 12 months, around AED 569 per sqft.

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Mortgage on 501, Mazaya 04

Starts from the last sale price (AED 495K, 26 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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