506, Mazaya 04
Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Mazaya 04
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 November 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 5th of 13
- Parking
- B-40
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 5,100 /yr
- Last sold
- AED 379K · November 2015
- Building
- Mazaya 04
About 506, Mazaya 04
506 is a one-bedroom apartment of 929 sqft on the 5th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 30 November 2015 for AED 379,267, or AED 408 per sqft, 42% below the AED 699 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 November 2021, is AED 29,500 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 5,100 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 140 1-beds →506 last sold in November 2015 at AED 408 per sqft, 42% below what one-beds in Mazaya 04 were fetching at the time (AED 699). 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. 506's AED 29,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 550 sqft | 305,000 | 554 | ||
| 24 Aug 202624 August 2026 | 833 sqft | 410,000 | 491 | ||
| 13 Aug 202613 August 2026 | 531 sqft | 300,000 | 565 | ||
| 19 Jul 202619 July 2026 | 547 sqft | 305,000 | 557 |
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 | |
| 503 | 2-bed | 1,108 sqft | AED 670KAED 670,000 · Mar 2018March 2018 | 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 | |
| 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 |
506, Mazaya 04 in numbers
- Sold once: by Al Mazaya Real Estate on 30 November 2015 for AED 379,267, or AED 408 per sqft.
- Rented since June 2015 on 7 Ejari contracts, from AED 58,000 to AED 29,500 a year.
- At AED 29,500 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 5,100 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 1 November 2021.
Questions about 506, Mazaya 04
What did unit 506 last sell for?
AED 379,267 on 30 November 2015, sold by the developer: AED 408 per sqft for 929 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 29,500 a year on the contract signed on 1 November 2021. The previous contract, from September 2020, was AED 37,000; the unit has been rented since June 2015.
How big is unit 506?
929 sqft (86.3 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2014.
What is unit 506 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 506, Mazaya 04
Starts from the last sale price (AED 379K, 30 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 379,267
- Deposit, UAE resident (20%)
- AED 75,853
- Deposit, non-resident (40%)
- AED 151,707
- Monthly over 25 years at 3.7%
- AED 1,552
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →