503, Mazaya 04
Sold prices and rental history: sold 3 times, last in March 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Mazaya 04
What is 503 worth today?
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Source: Dubai Land Department. Updated 1 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,108 sqft
- Floor
- 5th of 13
- Parking
- B-57
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 6,100 /yr
- Last sold
- AED 670K · March 2018
- Building
- Mazaya 04
About 503, Mazaya 04
503 is a two-bedroom apartment of 1,108 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 15 March 2018 for AED 670,000, or AED 604 per sqft, 4% below the AED 631 two-beds in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 April 2022, is AED 40,000 a year: a gross yield of 6.0% on the 2018 price, before the service charge of about AED 6,100 a year.
Sales and rents for 503 over time
503 has sold 3 times; 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 04, and where 503 sits
All 60 2-beds →503 last sold in March 2018 at AED 604 per sqft, 4% below what two-beds in Mazaya 04 were fetching at the time (AED 631). Over the last 12 months two-beds sold for AED 540,645 to 705,052, around AED 506 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,107 sqft | 620,000 | 559 | ||
| 21 Sep 202621 September 2026 | 1,065 sqft | 540,645 | 507 | ||
| 17 Feb 202617 February 2026 | 1,394 sqft | 705,052 | 505 | ||
| 19 Jan 202619 January 2026 | 1,395 sqft | 550,000 | 394 |
Mazaya 04
Building216 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%
Other units on the 5th floor
All 216 units in Mazaya 04| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 853 sqft | AED 495KAED 495,000 · Jul 2018July 2018 | ||
| 502 | 2-bed | 1,029 sqft | AED 613KAED 612,694 · Dec 2014December 2014 | 40,000 /yr | |
| 504 | 1-bed | 531 sqft | AED 365KAED 364,658 · Feb 2015February 2015 | 20,000 /yr | |
| 505 | 1-bed | 547 sqft | AED 480KAED 480,000 · Feb 2017February 2017 | 22,500 /yr | |
| 506 | 1-bed | 929 sqft | AED 379KAED 379,267 · Nov 2015November 2015 | 29,500 /yr | |
| 507 | 1-bed | 550 sqft | AED 392KAED 392,326 · Dec 2014December 2014 | 24,000 /yr | |
| 508 | 1-bed | 997 sqft | AED 800KAED 800,444 · Nov 2014November 2014 | 32,000 /yr | |
| 509 | 1-bed | 523 sqft | AED 289KAED 289,298 · Jan 2026January 2026 | 22,000 /yr | |
| 510 | 1-bed | 582 sqft | AED 410KAED 409,893 · Mar 2009March 2009 | 22,000 /yr | |
| 511 | 1-bed | 523 sqft | AED 366KAED 365,976 · Oct 2013October 2013 | 40,000 /yr | |
| 512 | 1-bed | 619 sqft | AED 433KAED 432,950 · Jan 2015January 2015 | 23,000 /yr | |
| 514 | 1-bed | 836 sqft | AED 630KAED 630,211 · Nov 2014November 2014 | 29,000 /yr | |
| 515 | 3-bed | 1,731 sqft | AED 790KAED 790,000 · May 2022May 2022 | 50,000 /yr | |
| 516 | 2-bed | 1,395 sqft | AED 550KAED 550,000 · Jan 2026January 2026 | 43,000 /yr | |
| 517 | 1-bed | 891 sqft | AED 325KAED 325,000 · Aug 2016August 2016 | 31,000 /yr | |
| 518 | 1-bed | 553 sqft | AED 426KAED 426,022 · Mar 2009March 2009 | 23,000 /yr | |
| 519 | 1-bed | 968 sqft | AED 362KAED 361,890 · Jan 2015January 2015 | 28,000 /yr |
503, Mazaya 04 in numbers
- Sold 3 times: first on 15 April 2009 for AED 819,547, last on 15 March 2018 for AED 670,000 (AED 604 per sqft).
- Rented since December 2016 on 2 Ejari contracts, from AED 78,308 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2018 price is 6.0%, before a service charge of about AED 6,100 a year (AED 5.49 per sqft).
- Two-beds in Mazaya 04 sold for AED 540,645–705,052 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.
Source: Dubai Land Department. Updated 1 April 2022.
Questions about 503, Mazaya 04
What did unit 503 last sell for?
AED 670,000 on 15 March 2018: AED 604 per sqft for 1,108 sqft. The unit has 3 registered sales; the first was AED 819,547 in April 2009.
What is the rent for unit 503?
AED 40,000 a year on the contract signed on 1 April 2022. The previous contract, from December 2016, was AED 78,308.
How big is unit 503?
1,108 sqft (102.9 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2014.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 04 sold for AED 540,645 to 705,052 in the last 12 months, around AED 506 per sqft.
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Mortgage on 503, Mazaya 04
Starts from the last sale price (AED 670K, 15 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 670,000
- Deposit, UAE resident (20%)
- AED 134,000
- Deposit, non-resident (40%)
- AED 268,000
- Monthly over 25 years at 3.7%
- AED 2,741
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →