507, Mazaya 04
Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Mazaya 04
What is 507 worth today?
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Source: Dubai Land Department. Updated 31 December 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 550 sqft
- Floor
- 5th of 13
- Parking
- G-26
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 3,000 /yr
- Last sold
- AED 392K · December 2014
- Building
- Mazaya 04
About 507, Mazaya 04
507 is a one-bedroom apartment of 550 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 18 December 2014 for AED 392,326, or AED 713 per sqft, in line with the AED 713 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 31 December 2021, is AED 24,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 3,000 a year.
Sales and rents for 507 over time
507 has sold twice; 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 507 sits
All 140 1-beds →507 last sold in December 2014 at AED 713 per sqft, in line with what one-beds in Mazaya 04 were fetching at the time (AED 713). 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. 507's AED 24,000 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 | |
| 506 | 1-bed | 929 sqft | AED 379KAED 379,267 · Nov 2015November 2015 | 29,500 /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 |
507, Mazaya 04 in numbers
- Sold twice: first on 25 March 2009 for AED 392,326, last on 18 December 2014 for AED 392,326 (AED 713 per sqft).
- Rented since December 2017 on 5 Ejari contracts, from AED 44,000 to AED 24,000 a year.
- At AED 24,000 a year the gross yield on the 2014 price is 6.1%, 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 31 December 2021.
Questions about 507, Mazaya 04
What did unit 507 last sell for?
AED 392,326 on 18 December 2014: AED 713 per sqft for 550 sqft. The unit has 2 registered sales; the first was AED 392,326 in March 2009.
What is the rent for unit 507?
AED 24,000 a year on the contract renewed on 31 December 2021. The previous contract, from December 2020, was AED 25,000; the unit has been rented since December 2017.
How big is unit 507?
550 sqft (51.1 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2014.
What is unit 507 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 507, Mazaya 04
Starts from the last sale price (AED 392K, 18 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 392,326
- Deposit, UAE resident (20%)
- AED 78,465
- Deposit, non-resident (40%)
- AED 156,930
- Monthly over 25 years at 3.7%
- AED 1,605
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →