508, Mazaya 08
Sold prices and rental history: sold twice, last in December 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Mazaya 08
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 January 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,561 sqft
- Floor
- 5th of 9
- Parking
- G-69
- Developer
- Al Mazaya Real Estate
- Completed
- 2017
- Service charge
- AED 13,800 /yr
- Last sold
- AED 930K · December 2023
- Building
- Mazaya 08
About 508, Mazaya 08
508 is a three-bedroom apartment of 1,561 sqft on the 5th floor of Mazaya 08, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Real Estate. It last sold on 18 December 2023 for AED 930,000, or AED 595 per sqft, in line with the AED 595 three-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 84,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 13,800 a year.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Mazaya 08, and where 508 sits
All 18 3-beds →508 last sold in December 2023 at AED 595 per sqft, in line with what three-beds in Mazaya 08 were fetching at the time (AED 595). Over the last 12 months three-beds sold for AED 1,250,000, around AED 798 per sqft, and rent for AED 72,000 to 100,000 a year. 508's AED 84,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Nov 202517 November 2025 | 1,565 sqft | 1,250,000 | 798 | ||
| 4 Apr 20254 April 2025 | 1,561 sqft | 1,220,000 | 781 | ||
| 17 Mar 202517 March 2025 | 1,561 sqft | 1,170,000 | 749 | ||
| 21 Jan 202521 January 2025 | 1,562 sqft | 1,180,000 | 755 |
Mazaya 08
Building90 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Real Estate. 5 sold in the last 12 months.
- Typical price per sqft
- AED 798
- Typical sale
- AED 850K
- Typical rent
- AED 56K /yr
- Typical yield
- 7.6%
Other units on the 5th floor
All 90 units in Mazaya 08| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,109 sqft | AED 835KAED 835,000 · Jul 2025July 2025 | 47,000 /yr | |
| 502 | 2-bed | 1,021 sqft | AED 736KAED 736,202 · Jun 2017June 2017 | ||
| 503 | 2-bed | 1,011 sqft | AED 736KAED 736,361 · Jan 2017January 2017 | ||
| 504 | 2-bed | 1,073 sqft | AED 530KAED 530,000 · Feb 2020February 2020 | 60,000 /yr | |
| 505 | 1-bed | 849 sqft | AED 643KAED 643,164 · Jun 2017June 2017 | 41,000 /yr | |
| 506 | 1-bed | 833 sqft | AED 450KAED 450,000 · Feb 2020February 2020 | 55,000 /yr | |
| 507 | 3-bed | 1,565 sqft | AED 1.25MAED 1,250,000 · Nov 2025November 2025 | 100,000 /yr | |
| 509 | 1-bed | 827 sqft | AED 557KAED 557,100 · Mar 2015March 2015 | 40,000 /yr | |
| 510 | 1-bed | 858 sqft | AED 500KAED 500,000 · Jul 2024July 2024 | 34,650 /yr |
508, Mazaya 08 in numbers
- Sold twice: first on 12 June 2017 for AED 1,020,579, last on 18 December 2023 for AED 930,000 (AED 595 per sqft).
- Rented since January 2025 on 2 Ejari contracts, at AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2023 price is 9.0%, before a service charge of about AED 13,800 a year (AED 8.86 per sqft).
- Three-beds in Mazaya 08 sold for AED 1,250,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 798 per sqft.
Source: Dubai Land Department. Updated 1 January 2025.
Questions about 508, Mazaya 08
What did unit 508 last sell for?
AED 930,000 on 18 December 2023: AED 595 per sqft for 1,561 sqft. The unit has 2 registered sales; the first was AED 1,020,579 in June 2017.
What is the rent for unit 508?
AED 84,000 a year on the contract renewed on 1 January 2025. The previous contract, from January 2025, was AED 84,000.
How big is unit 508?
1,561 sqft (145.0 sqm): a three-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. Three-beds in Mazaya 08 sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 798 per sqft.
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Mortgage on 508, Mazaya 08
Starts from the last sale price (AED 930K, 18 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 930,000
- Deposit, UAE resident (20%)
- AED 186,000
- Deposit, non-resident (40%)
- AED 372,000
- Monthly over 25 years at 3.7%
- AED 3,805
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →