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1-bed · 547 sqftMazaya 04, Liwan · 5th floor · completed 2014

505, Mazaya 04

Sold prices and rental history: sold 3 times, last in February 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 30 September 2021
Last soldAED 480K19 February 2017
Current rentAED 23K /yr30 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Mazaya 04

What is 505 worth today?

Last sold for AED 480,000 in 2017

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30 Sep 2021RentedNew contract
AED 22,500/yr12 months · AED 41 per sqft
19 Feb 2017SoldReady
AED 480,000AED 876 per sqft
3 Mar 2015RentedNew contract
AED 48,000/yr12 months · AED 87 per sqft
27 Jan 2015SoldReady
AED 193,968AED 354 per sqft
15 Apr 2009Sold by developerOff-plan
AED 387,935AED 708 per sqft

Source: Dubai Land Department. Updated 30 September 2021.

Key facts

Type
1-bed apartment
Size
547 sqft
Floor
5th of 13
Parking
G-128
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,000 /yr
Last sold
AED 480K · February 2017
Building
Mazaya 04

About 505, Mazaya 04

505 is a one-bedroom apartment of 547 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 19 February 2017 for AED 480,000, or AED 876 per sqft, 7% above the AED 815 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 30 September 2021, is AED 22,500 a year: a gross yield of 4.7% on the 2017 price, before the service charge of about AED 3,000 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Mazaya 04
200K400K2009201420192024Typical 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, April 2009: AED 387,935 (AED 708 per sqft)Sold, January 2015: AED 193,968 (AED 354 per sqft)Sold, February 2017: AED 480,000 (AED 876 per sqft)

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

Rents
Unit 505, 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, March 2015: AED 48,000 a yearNew contract, September 2021: AED 22,500 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 505 sits

All 140 1-beds →

505 last sold in February 2017 at AED 876 per sqft, 7% above what one-beds in Mazaya 04 were fetching at the time (AED 815). 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. 505's AED 22,500 is in the lower half 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
5041-bedAED 365K · Feb 2015
5061-bedAED 379K · Nov 2015
5071-bedAED 392K · Dec 2014
5081-bedAED 800K · Nov 2014
1–7 of 17

505, Mazaya 04 in numbers

  • Sold 3 times: first on 15 April 2009 for AED 387,935, last on 19 February 2017 for AED 480,000 (AED 876 per sqft).
  • Rented since March 2015 on 2 Ejari contracts, from AED 48,000 to AED 22,500 a year.
  • At AED 22,500 a year the gross yield on the 2017 price is 4.7%, before a service charge of about AED 3,000 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 30 September 2021.

Questions about 505, Mazaya 04

What did unit 505 last sell for?

AED 480,000 on 19 February 2017: AED 876 per sqft for 547 sqft. The unit has 3 registered sales; the first was AED 387,935 in April 2009.

What is the rent for unit 505?

AED 22,500 a year on the contract signed on 30 September 2021. The previous contract, from March 2015, was AED 48,000.

How big is unit 505?

547 sqft (50.8 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2014.

What is unit 505 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 505, Mazaya 04

Starts from the last sale price (AED 480K, 19 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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