506, Mazaya 07
Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Mazaya 07
What is 506 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 943 sqft
- Floor
- 5th of 9
- Parking
- G-115
- Developer
- Al Mazaya Holding Company
- Completed
- 2017
- Service charge
- AED 10,400 /yr
- Last sold
- AED 425K · September 2023
- Building
- Mazaya 07
About 506, Mazaya 07
506 is a one-bedroom apartment of 943 sqft on the 5th floor of Mazaya 07, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Holding Company. It last sold on 9 September 2023 for AED 425,000, or AED 450 per sqft, in line with the AED 448 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 16 October 2024, is AED 40,111 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 10,400 a year.
Sales and rents for 506 over time
506 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 07, and where 506 sits
All 99 1-beds →506 last sold in September 2023 at AED 450 per sqft, in line with what one-beds in Mazaya 07 were fetching at the time (AED 448). Over the last 12 months one-beds sold for AED 545,000 to 620,000, around AED 771 per sqft, and rent for AED 38,000 to 60,000 a year. 506's AED 40,111 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Mar 20265 March 2026 | 688 sqft | 545,000 | 792 | ||
| 24 Nov 202524 November 2025 | 827 sqft | 620,000 | 750 | ||
| 27 Oct 202527 October 2025 | 701 sqft | 570,000 | 812 | ||
| 2 Oct 20252 October 2025 | 706 sqft | 576,000 | 815 |
Mazaya 07
Building126 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Holding Company. 2 sold in the last 12 months.
- Typical price per sqft
- AED 771
- Typical sale
- AED 583K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.3%
Other units on the 5th floor
All 126 units in Mazaya 07| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 706 sqft | AED 423KAED 422,500 · Dec 2016December 2016 | 49,350 /yr | |
| 502 | 1-bed | 701 sqft | AED 565KAED 565,000 · Jun 2017June 2017 | 40,425 /yr | |
| 503 | 1-bed | 701 sqft | AED 352KAED 352,000 · May 2023May 2023 | ||
| 504 | 1-bed | 700 sqft | AED 502KAED 501,600 · Aug 2017August 2017 | 34,000 /yr | |
| 505 | 2-bed | 1,071 sqft | AED 650KAED 650,000 · Mar 2025March 2025 | 73,000 /yr | |
| 507 | 1-bed | 903 sqft | AED 620KAED 620,000 · Jun 2025June 2025 | 57,000 /yr | |
| 508 | 1-bed | 214 sqft | AED 600KAED 600,000 · Nov 2015November 2015 | 37,000 /yr | |
| 509 | 2-bed | 1,377 sqft | AED 425KAED 425,000 · Jun 2018June 2018 | 80,000 /yr | |
| 510 | 1-bed | 690 sqft | AED 516KAED 516,000 · Aug 2016August 2016 | 50,000 /yr | |
| 511 | 1-bed | 705 sqft | AED 425KAED 425,000 · Feb 2024February 2024 | 46,500 /yr | |
| 512 | 1-bed | 177 sqft | AED 521KAED 521,000 · Jan 2016January 2016 | 40,900 /yr | |
| 513 | 1-bed | 697 sqft | AED 516KAED 516,000 · Aug 2016August 2016 | 42,000 /yr | |
| 514 | 3-bed | 1,549 sqft | AED 1.01MAED 1,010,814 · Aug 2016August 2016 | 92,000 /yr |
506, Mazaya 07 in numbers
- Sold twice: first on 24 June 2018 for AED 629,623, last on 9 September 2023 for AED 425,000 (AED 450 per sqft).
- Rented since July 2018 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 28,000 in 2021 and recovered to AED 40,111 by October 2024.
- At AED 40,111 a year the gross yield on the 2023 price is 9.4%, before a service charge of about AED 10,400 a year (AED 11.08 per sqft).
- One-beds in Mazaya 07 sold for AED 545,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 771 per sqft.
Source: Dubai Land Department. Updated 16 October 2024.
Questions about 506, Mazaya 07
What did unit 506 last sell for?
AED 425,000 on 9 September 2023: AED 450 per sqft for 943 sqft. The unit has 2 registered sales; the first was AED 629,623 in June 2018.
What is the rent for unit 506?
AED 40,111 a year on the contract renewed on 16 October 2024. The previous contract, from October 2024, was AED 40,111; the unit has been rented since July 2018.
How big is unit 506?
943 sqft (87.6 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 07 sold for AED 545,000 to 620,000 in the last 12 months, around AED 771 per sqft.
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Mortgage on 506, Mazaya 07
Starts from the last sale price (AED 425K, 9 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 425,000
- Deposit, UAE resident (20%)
- AED 85,000
- Deposit, non-resident (40%)
- AED 170,000
- Monthly over 25 years at 3.7%
- AED 1,739
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →