1-bed · 214 sqftMazaya 07, Liwan · 5th floor · completed 2017

508, Mazaya 07

Sold prices and rental history: sold once, by the developer in November 2015, and rented once, from May 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 1 May 2019
Last soldAED 600K23 November 2015
Current rentAED 37K /yr1 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Mazaya 07

What is 508 worth today?

Last sold for AED 600,000 in 2015

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1 May 2019RentedNew contract
AED 37,000/yr12 months · AED 45 per sqft
23 Nov 2015Sold by developerOff-plan
AED 600,000AED 2,799 per sqft

Source: Dubai Land Department. Updated 1 May 2019.

Key facts

Type
1-bed apartment
Size
214 sqft
Floor
5th of 9
Parking
G-73
Developer
Al Mazaya Holding Company
Completed
2017
Service charge
AED 2,400 /yr
Last sold
AED 600K · November 2015
Building
Mazaya 07

About 508, Mazaya 07

508 is a one-bedroom apartment of 214 sqft on the 5th floor of Mazaya 07, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Holding Company. The developer sold it on 23 November 2015 for AED 600,000, or AED 2,799 per sqft, in line with the AED 2,804 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2019. The current contract, signed on 1 May 2019, is AED 37,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 2,400 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Mazaya 07
400K600K20142017202020232026Typical sale price by year: 2014 AED 542,487; 2015 AED 510,000; 2016 AED 516,000; 2017 AED 530,000; 2018 AED 626,273; 2022 AED 325,000; 2023 AED 395,000; 2025 AED 578,000Sold by developer, November 2015: AED 600,000 (AED 2,799 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in Mazaya 07
30K40K50K2017202020232026Typical rent by year: 2017 AED 48,000; 2018 AED 47,000; 2019 AED 38,000; 2020 AED 31,500; 2021 AED 28,000; 2022 AED 30,081; 2023 AED 34,000; 2024 AED 39,500; 2025 AED 45,000; 2026 AED 48,000New contract, May 2019: AED 37,000 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 07, and where 508 sits

All 99 1-beds →

508 last sold in November 2015 at AED 2,799 per sqft, in line with what one-beds in Mazaya 07 were fetching at the time (AED 2,804). 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. 508's AED 37,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Mar 2026545,000
24 Nov 2025620,000
27 Oct 2025570,000
2 Oct 2025576,000
2 1-bed sales in the last 12 months

Mazaya 07

Building

126 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%
Mazaya 07, Liwan: prices, sales and rents →

Other units on the 5th floor

All 126 units in Mazaya 07
Value
5011-bedAED 423K · Dec 2016
5021-bedAED 565K · Jun 2017
5031-bedAED 352K · May 2023
5041-bedAED 502K · Aug 2017
5052-bedAED 650K · Mar 2025
5061-bedAED 425K · Sep 2023
5071-bedAED 620K · Jun 2025
1–7 of 13

508, Mazaya 07 in numbers

  • Sold once: by Al Mazaya Holding Company on 23 November 2015 for AED 600,000, or AED 2,799 per sqft.
  • Rented since May 2019 on one Ejari contract, at AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2015 price is 6.2%, before a service charge of about AED 2,400 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 1 May 2019.

Questions about 508, Mazaya 07

What did unit 508 last sell for?

AED 600,000 on 23 November 2015, sold by the developer: AED 2,799 per sqft for 214 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 37,000 a year on the contract signed on 1 May 2019.

How big is unit 508?

214 sqft (19.9 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit 508 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 508, Mazaya 07

Starts from the last sale price (AED 600K, 23 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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