2-bed · 1,257 sqftMazaya 05, Liwan · 5th floor · completed 2018

503, Mazaya 05

Sold prices and rental history: sold once, by the developer in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 11 November 2018
Last soldAED 934K11 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Mazaya 05

What is 503 worth today?

Last sold for AED 934,480 in 2018

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11 Nov 2018Sold by developerReady
AED 934,480AED 743 per sqft

Source: Dubai Land Department. Updated 11 November 2018.

Key facts

Type
2-bed apartment
Size
1,257 sqft
Floor
5th of 14
Parking
G-26
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2018
Service charge
AED 12,200 /yr
Last sold
AED 934K · November 2018
Building
Mazaya 05

About 503, Mazaya 05

503 is a two-bedroom apartment of 1,257 sqft on the 5th floor of Mazaya 05, a 14-storey tower in Liwan completed in 2018 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 11 November 2018 for AED 934,480, or AED 743 per sqft, 5% above the AED 705 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in Mazaya 05
900K1M2017202020232026Typical sale price by year: 2017 AED 859,639; 2018 AED 864,914; 2019 AED 842,672; 2024 AED 840,000; 2025 AED 1,045,000Sold by developer, November 2018: AED 934,480 (AED 743 per sqft)

503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 503, each contractTypical two-bed in Mazaya 05
60K80K2018202120242027Typical rent by year: 2018 AED 65,000; 2019 AED 55,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 52,500; 2023 AED 55,125; 2024 AED 68,000; 2025 AED 72,000; 2026 AED 82,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 05, and where 503 sits

All 42 2-beds →

503 last sold in November 2018 at AED 743 per sqft, 5% above what two-beds in Mazaya 05 were fetching at the time (AED 705). Over the last 12 months two-beds sold for AED 1,050,000 to 1,130,000, around AED 843 per sqft, and rent for AED 51,000 to 90,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jan 20261,130,000
9 Dec 20251,060,000
27 Nov 20251,050,000
19 Jun 20251,040,000
3 2-bed sales in the last 12 months

Mazaya 05

Building

154 apartments, studios to 2-bed over 14 floors in Liwan, completed in 2018 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . 8 sold in the last 12 months.

Typical price per sqft
AED 842
Typical sale
AED 693K
Typical rent
AED 53K /yr
Typical yield
7.7%
Mazaya 05, Liwan: prices, sales and rents →

Other units on the 5th floor

All 154 units in Mazaya 05
Value
5011-bedAED 671K · Aug 2018
5022-bedAED 880K · Apr 2019
5041-bedAED 681K · May 2018
5051-bedAED 621K · Apr 2018
5061-bedAED 674K · Sep 2019
5071-bedAED 650K · Mar 2020
5082-bedAED 835K · Nov 2018
1–7 of 10

503, Mazaya 05 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 11 November 2018 for AED 934,480, or AED 743 per sqft.
  • Two-beds in Mazaya 05 sold for AED 1,050,000–1,130,000 in the 12 months to November 2026; the building's median across all types is AED 842 per sqft.

Source: Dubai Land Department. Updated 11 November 2018.

Questions about 503, Mazaya 05

What did unit 503 last sell for?

AED 934,480 on 11 November 2018, sold by the developer: AED 743 per sqft for 1,257 sqft. It is the only registered sale of the unit.

How big is unit 503?

1,257 sqft (116.8 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2018.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 05 sold for AED 1,050,000 to 1,130,000 in the last 12 months, around AED 843 per sqft.

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Mortgage on 503, Mazaya 05

Starts from the last sale price (AED 934K, 11 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 934,480
Deposit, UAE resident (20%)
AED 186,896
Deposit, non-resident (40%)
AED 373,792
Monthly over 25 years at 3.7%
AED 3,823

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