503, Mazaya 09
Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Mazaya 09
What is 503 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 667 sqft
- Floor
- 5th of 9
- Parking
- G-22
- Developer
- Al Mazaya Holding Company
- Completed
- 2012
- Service charge
- AED 7,400 /yr
- Last sold
- AED 514K · April 2016
- Building
- Mazaya 09
About 503, Mazaya 09
503 is a one-bedroom apartment of 667 sqft on the 5th floor of Mazaya 09, a 9-storey tower in Liwan completed in 2012 by Al Mazaya Holding Company. The developer sold it on 19 April 2016 for AED 514,218, or AED 771 per sqft, 5% above the AED 736 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 38,500 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 7,400 a year.
Sales and rents for 503 over time
503 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 09, and where 503 sits
All 45 1-beds →503 last sold in April 2016 at AED 771 per sqft, 5% above what one-beds in Mazaya 09 were fetching at the time (AED 736). Over the last 12 months one-beds sold for AED 510,000 to 620,000, around AED 744 per sqft, and rent for AED 34,650 to 95,000 a year. 503's AED 38,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 746 sqft | 560,000 | 750 | ||
| 12 Oct 202612 October 2026 | 667 sqft | 510,000 | 765 | ||
| 4 Sep 20264 September 2026 | 746 sqft | 620,000 | 831 | ||
| 7 May 20267 May 2026 | 746 sqft | 550,000 | 737 |
Mazaya 09
Building72 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2012 by Al Mazaya Holding Company. 8 sold in the last 12 months.
- Typical price per sqft
- AED 726
- Typical sale
- AED 585K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.3%
Other units on the 5th floor
All 72 units in Mazaya 09| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,027 sqft | AED 550KAED 550,000 · Oct 2023October 2023 | 68,000 /yr | |
| 502 | 1-bed | 706 sqft | AED 580KAED 580,000 · Jun 2025June 2025 | 49,866 /yr | |
| 504 | 2-bed | 1,625 sqft | AED 700KAED 700,000 · May 2022May 2022 | 48,000 /yr | |
| 505 | 1-bed | 746 sqft | AED 580KAED 580,459 · Jul 2016July 2016 | 50,000 /yr | |
| 506 | 1-bed | 896 sqft | AED 674KAED 674,459 · Jul 2016July 2016 | 60,000 /yr | |
| 507 | 3-bed | 1,597 sqft | AED 1.12MAED 1,120,000 · Dec 2017December 2017 | 93,000 /yr | |
| 508 | 1-bed | 840 sqft | AED 624KAED 623,936 · Nov 2017November 2017 | 50,000 /yr |
503, Mazaya 09 in numbers
- Sold once: by Al Mazaya Holding Company on 19 April 2016 for AED 514,218, or AED 771 per sqft.
- Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 39,000 to AED 24,000 in 2020 and recovered to AED 38,500 by November 2024.
- At AED 38,500 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 7,400 a year (AED 11.06 per sqft).
- One-beds in Mazaya 09 sold for AED 510,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 726 per sqft.
Source: Dubai Land Department. Updated 1 November 2024.
Questions about 503, Mazaya 09
What did unit 503 last sell for?
AED 514,218 on 19 April 2016, sold by the developer: AED 771 per sqft for 667 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 38,500 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 35,000; the unit has been rented since December 2017.
How big is unit 503?
667 sqft (62.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2012.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 09 sold for AED 510,000 to 620,000 in the last 12 months, around AED 744 per sqft.
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Mortgage on 503, Mazaya 09
Starts from the last sale price (AED 514K, 19 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 514,218
- Deposit, UAE resident (20%)
- AED 102,844
- Deposit, non-resident (40%)
- AED 205,687
- Monthly over 25 years at 3.7%
- AED 2,104
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →