2-bed · 1,625 sqftMazaya 09, Liwan · 5th floor · completed 2012

504, Mazaya 09

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 23 May 2022
Last soldAED 700K23 May 2022
Current rentAED 48K /yr15 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Mazaya 09

What is 504 worth today?

Last sold for AED 700,000 in 2022

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23 May 2022SoldReady
AED 700,000AED 430 per sqft
15 Dec 2021RentedRenewal
AED 48,000/yr12 months · AED 30 per sqft
15 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 28 per sqft
15 Sep 2019RentedRenewal
AED 68,000/yr12 months · AED 42 per sqft
15 Sep 2018RentedRenewal
AED 72,000/yr12 months · AED 44 per sqft
20 Sep 2017Sold by developerReady
AED 990,000AED 609 per sqft
15 Sep 2017RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 23 May 2022.

Key facts

Type
2-bed apartment
Size
1,625 sqft
Floor
5th of 9
Parking
G-44
Developer
Al Mazaya Holding Company
Completed
2012
Service charge
AED 18,000 /yr
Last sold
AED 700K · May 2022
Building
Mazaya 09

About 504, Mazaya 09

504 is a two-bedroom apartment of 1,625 sqft on the 5th floor of Mazaya 09, a 9-storey tower in Liwan completed in 2012 by Al Mazaya Holding Company. It last sold on 23 May 2022 for AED 700,000, or AED 430 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 15 December 2021, is AED 48,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 18,000 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Mazaya 09
800K1M2016201820202022Typical sale price by year: 2016 AED 729,980; 2017 AED 743,228; 2019 AED 736,604Sold by developer, September 2017: AED 990,000 (AED 609 per sqft)Sold, May 2022: AED 700,000 (AED 430 per sqft)

504 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 504, each contractTypical two-bed in Mazaya 09
40K60K80K2017202020232026Typical rent by year: 2017 AED 61,500; 2018 AED 58,000; 2019 AED 49,866; 2020 AED 42,500; 2021 AED 36,000; 2022 AED 43,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 61,500; 2026 AED 64,500New contract, September 2017: AED 75,000 a yearRenewal, September 2018: AED 72,000 a yearRenewal, September 2019: AED 68,000 a yearNew contract, December 2020: AED 45,000 a yearRenewal, December 2021: AED 48,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 09, and where 504 sits

All 18 2-beds →

Over the last 12 months two-beds sold for AED 1,000,000 to 1,150,000, around AED 661 per sqft, and rent for AED 53,000 to 68,000 a year. 504's AED 48,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20261,000,000
22 Jan 20261,150,000
3 Apr 2025900,000
24 Feb 2025925,000
2 2-bed sales in the last 12 months

Mazaya 09

Building

72 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%
Mazaya 09, Liwan: prices, sales and rents →

Other units on the 5th floor

All 72 units in Mazaya 09
Value
5012-bedAED 550K · Oct 2023
5021-bedAED 580K · Jun 2025
5031-bedAED 514K · Apr 2016
5051-bedAED 580K · Jul 2016
5061-bedAED 674K · Jul 2016
5073-bedAED 1.12M · Dec 2017
5081-bedAED 624K · Nov 2017

504, Mazaya 09 in numbers

  • Sold twice: first on 20 September 2017 for AED 990,000, last on 23 May 2022 for AED 700,000 (AED 430 per sqft).
  • Rented since September 2017 on 5 Ejari contracts, from AED 75,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2022 price is 6.9%, before a service charge of about AED 18,000 a year (AED 11.06 per sqft).
  • Two-beds in Mazaya 09 sold for AED 1,000,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 726 per sqft.

Source: Dubai Land Department. Updated 23 May 2022.

Questions about 504, Mazaya 09

What did unit 504 last sell for?

AED 700,000 on 23 May 2022: AED 430 per sqft for 1,625 sqft. The unit has 2 registered sales; the first was AED 990,000 in September 2017.

What is the rent for unit 504?

AED 48,000 a year on the contract renewed on 15 December 2021. The previous contract, from December 2020, was AED 45,000; the unit has been rented since September 2017.

How big is unit 504?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2012.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 09 sold for AED 1,000,000 to 1,150,000 in the last 12 months, around AED 661 per sqft.

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Mortgage on 504, Mazaya 09

Starts from the last sale price (AED 700K, 23 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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