1-bed · 523 sqftMazaya 04, Liwan · 5th floor · completed 2014

511, Mazaya 04

Sold prices and rental history: sold twice, last in October 2013, and rented once, from August 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 27 August 2017
Last soldAED 366K6 October 2013
Current rentAED 40K /yr27 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Mazaya 04

What is 511 worth today?

Last sold for AED 365,976 in 2013

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27 Aug 2017RentedNew contract
AED 40,000/yr12 months · AED 76 per sqft
6 Oct 2013SoldOff-plan
AED 365,976AED 699 per sqft
25 Mar 2009Sold by developerOff-plan
AED 365,976AED 699 per sqft

Source: Dubai Land Department. Updated 27 August 2017.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
5th of 13
Parking
G-17
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 2,900 /yr
Last sold
AED 366K · October 2013
Building
Mazaya 04

About 511, Mazaya 04

511 is a one-bedroom apartment of 523 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 6 October 2013 for AED 365,976, or AED 699 per sqft, 50% above the AED 466 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 August 2017. The current contract, signed on 27 August 2017, is AED 40,000 a year: a gross yield of 10.9% on the 2013 price, before the service charge of about AED 2,900 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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 365,976 (AED 699 per sqft)Sold, October 2013: AED 365,976 (AED 699 per sqft)

511 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 511, 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, August 2017: AED 40,000 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 511 sits

All 140 1-beds →

511 last sold in October 2013 at AED 699 per sqft, 50% above what one-beds in Mazaya 04 were fetching at the time (AED 466). 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. 511's AED 40,000 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
5051-bedAED 480K · Feb 2017
5061-bedAED 379K · Nov 2015
5071-bedAED 392K · Dec 2014
1–7 of 17

511, Mazaya 04 in numbers

  • Sold twice: first on 25 March 2009 for AED 365,976, last on 6 October 2013 for AED 365,976 (AED 699 per sqft).
  • Rented since August 2017 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2013 price is 10.9%, 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 27 August 2017.

Questions about 511, Mazaya 04

What did unit 511 last sell for?

AED 365,976 on 6 October 2013: AED 699 per sqft for 523 sqft. The unit has 2 registered sales; the first was AED 365,976 in March 2009.

What is the rent for unit 511?

AED 40,000 a year on the contract signed on 27 August 2017.

How big is unit 511?

523 sqft (48.6 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2014.

What is unit 511 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 511, Mazaya 04

Starts from the last sale price (AED 366K, 6 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 365,976
Deposit, UAE resident (20%)
AED 73,195
Deposit, non-resident (40%)
AED 146,390
Monthly over 25 years at 3.7%
AED 1,497

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