1-bed · 531 sqftMazaya 04, Liwan · 5th floor · completed 2014

504, Mazaya 04

Sold prices and rental history: sold 3 times, last in February 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 21 July 2021
Last soldAED 365K9 February 2015
Current rentAED 20K /yr21 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Mazaya 04

What is 504 worth today?

Last sold for AED 364,658 in 2015

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21 Jul 2021RentedNew contract
AED 20,000/yr12 months · AED 38 per sqft
1 Jul 2021RentedNew contract
AED 22,000/yr12 months · AED 42 per sqft
5 Apr 2018RentedNew contract
AED 36,000/yr12 months · AED 68 per sqft
9 Feb 2015SoldReady
AED 364,658AED 687 per sqft
2 Apr 2014SoldOff-plan
AED 364,658AED 687 per sqft
26 Mar 2009Sold by developerOff-plan
AED 387,935AED 730 per sqft

Source: Dubai Land Department. Updated 21 July 2021.

Key facts

Type
1-bed apartment
Size
531 sqft
Floor
5th of 13
Parking
G-134
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 2,900 /yr
Last sold
AED 365K · February 2015
Building
Mazaya 04

About 504, Mazaya 04

504 is a one-bedroom apartment of 531 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 9 February 2015 for AED 364,658, or AED 687 per sqft, in line with the AED 704 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 21 July 2021, is AED 20,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 2,900 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, March 2009: AED 387,935 (AED 730 per sqft)Sold, April 2014: AED 364,658 (AED 687 per sqft)Sold, February 2015: AED 364,658 (AED 687 per sqft)

504 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 504, 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 55,000New contract, April 2018: AED 36,000 a yearNew contract, July 2021: AED 20,000 a yearNew contract, July 2021: AED 22,000 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 04, and where 504 sits

All 140 1-beds →

504 last sold in February 2015 at AED 687 per sqft, in line with what one-beds in Mazaya 04 were fetching at the time (AED 704). 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. 504's AED 20,000 is at the bottom of that range.

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
5011-bedAED 495K · Jul 2018
5022-bedAED 613K · Dec 2014
5032-bedAED 670K · Mar 2018
5051-bedAED 480K · Feb 2017
5061-bedAED 379K · Nov 2015
5071-bedAED 392K · Dec 2014
5081-bedAED 800K · Nov 2014
1–7 of 17

504, Mazaya 04 in numbers

  • Sold 3 times: first on 26 March 2009 for AED 387,935, last on 9 February 2015 for AED 364,658 (AED 687 per sqft).
  • Rented since April 2018 on 3 Ejari contracts, from AED 36,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 2,900 a year (AED 5.49 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 21 July 2021.

Questions about 504, Mazaya 04

What did unit 504 last sell for?

AED 364,658 on 9 February 2015: AED 687 per sqft for 531 sqft. The unit has 3 registered sales; the first was AED 387,935 in March 2009.

What is the rent for unit 504?

AED 20,000 a year on the contract signed on 21 July 2021. The previous contract, from July 2021, was AED 22,000; the unit has been rented since April 2018.

How big is unit 504?

531 sqft (49.3 sqm): a one-bedroom apartment on the 5th floor of a 13-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 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 504, Mazaya 04

Starts from the last sale price (AED 365K, 9 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 364,658
Deposit, UAE resident (20%)
AED 72,932
Deposit, non-resident (40%)
AED 145,863
Monthly over 25 years at 3.7%
AED 1,492

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