509, Mazaya 08
Sold prices and rental history: sold once, by the developer in March 2015, 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 509, Mazaya 08
What is 509 worth today?
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Source: Dubai Land Department. Updated 10 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 827 sqft
- Floor
- 5th of 9
- Parking
- G-25
- Developer
- Al Mazaya Real Estate
- Completed
- 2017
- Service charge
- AED 7,300 /yr
- Last sold
- AED 557K · March 2015
- Building
- Mazaya 08
About 509, Mazaya 08
509 is a one-bedroom apartment of 827 sqft on the 5th floor of Mazaya 08, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Real Estate. The developer sold it on 1 March 2015 for AED 557,100, or AED 673 per sqft.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 10 April 2024, is AED 40,000 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 7,300 a year.
Sales and rents for 509 over time
509 has sold once; 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 08, and where 509 sits
All 36 1-beds →509's AED 40,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jun 20253 June 2025 | 833 sqft | 690,000 | 828 | ||
| 28 May 202528 May 2025 | 849 sqft | 530,000 | 624 | ||
| 31 Oct 202431 October 2024 | 833 sqft | 555,000 | 666 | ||
| 22 Oct 202422 October 2024 | 858 sqft | 500,000 | 582 |
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 | |
| 508 | 3-bed | 1,561 sqft | AED 930KAED 930,000 · Dec 2023December 2023 | 84,000 /yr | |
| 510 | 1-bed | 858 sqft | AED 500KAED 500,000 · Jul 2024July 2024 | 34,650 /yr |
509, Mazaya 08 in numbers
- Sold once: by Al Mazaya Real Estate on 1 March 2015 for AED 557,100, or AED 673 per sqft.
- Rented since June 2018 on 4 Ejari contracts. The rent fell from AED 48,000 to AED 26,000 in 2021 and recovered to AED 40,000 by April 2024.
- At AED 40,000 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 7,300 a year (AED 8.86 per sqft).
Source: Dubai Land Department. Updated 10 April 2024.
Questions about 509, Mazaya 08
What did unit 509 last sell for?
AED 557,100 on 1 March 2015, sold by the developer: AED 673 per sqft for 827 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 40,000 a year on the contract renewed on 10 April 2024. The previous contract, from April 2023, was AED 36,000; the unit has been rented since June 2018.
How big is unit 509?
827 sqft (76.8 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit 509 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 509, Mazaya 08
Starts from the last sale price (AED 557K, 1 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 557,100
- Deposit, UAE resident (20%)
- AED 111,420
- Deposit, non-resident (40%)
- AED 222,840
- Monthly over 25 years at 3.7%
- AED 2,279
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →