503, Mazaya 06
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Mazaya 06
What is 503 worth today?
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Source: Dubai Land Department. Updated 10 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,130 sqft
- Floor
- 5th of 9
- Parking
- G-109 0
- Developer
- Al Mazaya Holding Company
- Completed
- 2016
- Service charge
- AED 9,900 /yr
- Last sold
- AED 675K · May 2024
- Building
- Mazaya 06
About 503, Mazaya 06
503 is a two-bedroom apartment of 1,130 sqft on the 5th floor of Mazaya 06, a 9-storey tower in Liwan completed in 2016 by Al Mazaya Holding Company. It last sold on 20 May 2024 for AED 675,000, or AED 597 per sqft, 7% above the AED 557 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 10 July 2024, is AED 50,255 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 9,900 a year.
Sales and rents for 503 over time
503 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 06, and where 503 sits
All 36 2-beds →503 last sold in May 2024 at AED 597 per sqft, 7% above what two-beds in Mazaya 06 were fetching at the time (AED 557). Over the last 12 months two-beds sold for AED 880,000, around AED 755 per sqft, and rent for AED 54,224 to 90,000 a year. 503's AED 50,255 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 1,165 sqft | 880,000 | 755 | ||
| 29 May 202529 May 2025 | 1,130 sqft | 850,000 | 752 | ||
| 9 Apr 20259 April 2025 | 1,632 sqft | 1,195,000 | 732 | ||
| 12 Mar 202512 March 2025 | 1,165 sqft | 780,000 | 669 |
Mazaya 06
Building117 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2016 by Al Mazaya Holding Company. 5 sold in the last 12 months.
- Typical price per sqft
- AED 718
- Typical sale
- AED 690K
- Typical rent
- AED 53K /yr
- Typical yield
- 8.6%
Other units on the 5th floor
All 117 units in Mazaya 06| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 967 sqft | AED 657KAED 656,593 · Sep 2017September 2017 | 53,000 /yr | |
| 502 | 1-bed | 960 sqft | AED 396KAED 396,000 · Nov 2021November 2021 | 60,000 /yr | |
| 504 | 2-bed | 1,124 sqft | AED 383KAED 382,500 · Sep 2017September 2017 | ||
| 505 | 1-bed | 829 sqft | AED 500KAED 500,000 · Sep 2024September 2024 | 55,000 /yr | |
| 506 | 2-bed | 1,165 sqft | AED 780KAED 780,000 · Mar 2025March 2025 | 75,000 /yr | |
| 507 | 1-bed | 691 sqft | AED 545KAED 545,060 · Dec 2016December 2016 | 39,051 /yr | |
| 508 | 2-bed | 1,632 sqft | AED 556KAED 555,508 · May 2017May 2017 | ||
| 509 | 1-bed | 664 sqft | AED 526KAED 526,348 · Dec 2016December 2016 | 45,000 /yr | |
| 510 | 1-bed | 679 sqft | AED 375KAED 375,000 · Jun 2019June 2019 | 43,000 /yr | |
| 511 | 1-bed | 689 sqft | AED 547KAED 546,790 · Nov 2016November 2016 | 42,000 /yr | |
| 512 | 3-bed | 1,694 sqft | AED 1.12MAED 1,122,824 · Jan 2017January 2017 | ||
| 513 | 1-bed | 659 sqft | AED 510KAED 509,539 · Sep 2016September 2016 | 31,624 /yr |
503, Mazaya 06 in numbers
- Sold twice: first on 20 June 2017 for AED 841,500, last on 20 May 2024 for AED 675,000 (AED 597 per sqft).
- Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 47,000 to AED 38,000 in 2020 and recovered to AED 50,255 by July 2024.
- At AED 50,255 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 9,900 a year (AED 8.75 per sqft).
- Two-beds in Mazaya 06 sold for AED 880,000–880,000 in the 12 months to November 2026; the building's median across all types is AED 718 per sqft.
Source: Dubai Land Department. Updated 10 July 2024.
Questions about 503, Mazaya 06
What did unit 503 last sell for?
AED 675,000 on 20 May 2024: AED 597 per sqft for 1,130 sqft. The unit has 2 registered sales; the first was AED 841,500 in June 2017.
What is the rent for unit 503?
AED 50,255 a year on the contract signed on 10 July 2024. The previous contract, from July 2023, was AED 43,700; the unit has been rented since July 2019.
How big is unit 503?
1,130 sqft (105.0 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2016.
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 06 sold for AED 880,000 to 880,000 in the last 12 months, around AED 755 per sqft.
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Mortgage on 503, Mazaya 06
Starts from the last sale price (AED 675K, 20 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 675,000
- Deposit, UAE resident (20%)
- AED 135,000
- Deposit, non-resident (40%)
- AED 270,000
- Monthly over 25 years at 3.7%
- AED 2,762
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →