2-bed · 1,632 sqftMazaya 06, Liwan · 5th floor · completed 2016

508, Mazaya 06

Sold prices and rental history: sold once, by the developer in May 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 22 May 2017
Last soldAED 556K22 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Mazaya 06

What is 508 worth today?

Last sold for AED 555,508 in 2017

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22 May 2017Sold by developerReady
AED 555,508AED 340 per sqft

Source: Dubai Land Department. Updated 22 May 2017.

Key facts

Type
2-bed apartment
Size
1,632 sqft
Floor
5th of 9
Parking
G-115 0
Developer
Al Mazaya Holding Company
Completed
2016
Service charge
AED 14,300 /yr
Last sold
AED 556K · May 2017
Building
Mazaya 06

About 508, Mazaya 06

508 is a two-bedroom apartment of 1,632 sqft on the 5th floor of Mazaya 06, a 9-storey tower in Liwan completed in 2016 by Al Mazaya Holding Company. The developer sold it on 22 May 2017 for AED 555,508, or AED 340 per sqft, 52% below 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 508 over time

Sales
Unit 508, each saleTypical two-bed in Mazaya 06
600K800K2016201920222025Typical sale price by year: 2016 AED 800,187; 2017 AED 772,242; 2019 AED 804,099; 2024 AED 687,500; 2025 AED 780,000Sold by developer, May 2017: AED 555,508 (AED 340 per sqft)

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

Rents
Unit 508, each contractTypical two-bed in Mazaya 06
40K60K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 61,000; 2019 AED 48,000; 2020 AED 43,000; 2021 AED 38,500; 2022 AED 45,000; 2023 AED 49,000; 2024 AED 57,170; 2025 AED 70,000; 2026 AED 72,000

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

2-beds in Mazaya 06, and where 508 sits

All 36 2-beds →

508 last sold in May 2017 at AED 340 per sqft, 52% below what two-beds in Mazaya 06 were fetching at the time (AED 705). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 2026880,000
29 May 2025850,000
9 Apr 20251,195,000
12 Mar 2025780,000
1 2-bed sale in the last 12 months

Mazaya 06

Building

117 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%
Mazaya 06, Liwan: prices, sales and rents →

Other units on the 5th floor

All 117 units in Mazaya 06
Value
5011-bedAED 657K · Sep 2017
5021-bedAED 396K · Nov 2021
5032-bedAED 675K · May 2024
5042-bedAED 383K · Sep 2017
5051-bedAED 500K · Sep 2024
5062-bedAED 780K · Mar 2025
5071-bedAED 545K · Dec 2016
1–7 of 12

508, Mazaya 06 in numbers

  • Sold once: by Al Mazaya Holding Company on 22 May 2017 for AED 555,508, or AED 340 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 22 May 2017.

Questions about 508, Mazaya 06

What did unit 508 last sell for?

AED 555,508 on 22 May 2017, sold by the developer: AED 340 per sqft for 1,632 sqft. It is the only registered sale of the unit.

How big is unit 508?

1,632 sqft (151.6 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2016.

What is unit 508 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 508, Mazaya 06

Starts from the last sale price (AED 556K, 22 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 555,508
Deposit, UAE resident (20%)
AED 111,102
Deposit, non-resident (40%)
AED 222,203
Monthly over 25 years at 3.7%
AED 2,273

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