3-bed · 1,718 sqftMazaya 10A, Liwan · 5th floor · completed 2014

507, Mazaya 10A

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 1.23M6 May 2009
Current rentAED 90K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Mazaya 10A

What is 507 worth today?

Last sold for AED 1,229,357 in 2009

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20 Nov 2023RentedNew contract
AED 90,000/yr12 months · AED 52 per sqft
10 Aug 2022RentedRenewal
AED 66,000/yr12 months · AED 38 per sqft
10 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 35 per sqft
2 Mar 2019RentedRenewal
AED 85,000/yr12 months · AED 49 per sqft
5 Feb 2017RentedNew contract
AED 100,000/yr12 months · AED 58 per sqft
5 Feb 2015RentedNew contract
AED 100,000/yr12 months · AED 58 per sqft
6 May 2009Sold by developerOff-plan
AED 1,229,357AED 715 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
3-bed apartment
Size
1,718 sqft
Floor
5th of 6
Parking
G-190,G-191
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 16,200 /yr
Last sold
AED 1.23M · May 2009
Building
Mazaya 10A

About 507, Mazaya 10A

507 is a three-bedroom apartment of 1,718 sqft on the 5th floor of Mazaya 10A, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 6 May 2009 for AED 1,229,357, or AED 715 per sqft, in line with the AED 715 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 20 November 2023, is AED 90,000 a year: a gross yield of 7.3% on the 2009 price, before the service charge of about AED 16,200 a year.

Sales and rents for 507 over time

Rents
Unit 507, each contractTypical three-bed in Mazaya 10A
60K80K100K2015201820212024Typical rent by year: 2015 AED 100,000; 2021 AED 60,000; 2022 AED 60,000; 2023 AED 70,000; 2025 AED 75,000New contract, February 2015: AED 100,000 a yearNew contract, February 2017: AED 100,000 a yearRenewal, March 2019: AED 85,000 a yearNew contract, August 2021: AED 60,000 a yearRenewal, August 2022: AED 66,000 a yearNew contract, November 2023: AED 90,000 a year

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

3-beds in Mazaya 10A, and where 507 sits

All 4 3-beds →

507 last sold in May 2009 at AED 715 per sqft, in line with what three-beds in Mazaya 10A were fetching at the time (AED 715).

Recent 3-bed salesUnit no.Price (AED)Summary
4 Oct 2021700,000
19 Sep 2017500,000
13 Nov 2016490,000
13 Oct 2016850,000
0 3-bed sales in the last 12 months

Mazaya 10A

Building

115 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 9 sold in the last 12 months.

Typical price per sqft
AED 811
Typical sale
AED 615K
Typical rent
AED 48K /yr
Typical yield
7.4%
Mazaya 10A, Liwan: prices, sales and rents →

Other units on the 5th floor

All 115 units in Mazaya 10A
Value
5011-bedAED 318K · Jan 2021
5021-bedAED 615K · Jul 2026
5031-bedAED 440K · Jul 2013
5041-bedAED 409K · May 2009
5051-bedAED 575K · Mar 2025
5063-bedAED 700K · Oct 2021
5083-bedAED 1.24M · May 2009
1–7 of 19

507, Mazaya 10A in numbers

  • Sold once: by Al Mazaya Real Estate on 6 May 2009 for AED 1,229,357, or AED 715 per sqft.
  • Rented since February 2015 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2021 and recovered to AED 90,000 by November 2023.
  • At AED 90,000 a year the gross yield on the 2009 price is 7.3%, before a service charge of about AED 16,200 a year (AED 9.45 per sqft).

Source: Dubai Land Department. Updated 20 November 2023.

Questions about 507, Mazaya 10A

What did unit 507 last sell for?

AED 1,229,357 on 6 May 2009, sold by the developer: AED 715 per sqft for 1,718 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 90,000 a year on the contract signed on 20 November 2023. The previous contract, from August 2022, was AED 66,000; the unit has been rented since February 2015.

How big is unit 507?

1,718 sqft (159.6 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.

What is unit 507 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 507, Mazaya 10A

Starts from the last sale price (AED 1.23M, 6 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,229,357
Deposit, UAE resident (20%)
AED 245,871
Deposit, non-resident (40%)
AED 491,743
Monthly over 25 years at 3.7%
AED 5,030

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