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3-bed · 1,580 sqftMazaya 10B, Liwan · 5th floor · completed 2014

506, Mazaya 10B

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 11 March 2024
Last soldAED 975K11 March 2024
Current rentAED 60K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Mazaya 10B

What is 506 worth today?

Last sold for AED 975,000 in 2024

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11 Mar 2024SoldReady
AED 975,000AED 617 per sqft
1 Nov 2021RentedRenewal
AED 60,000/yr12 months · AED 38 per sqft
1 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 38 per sqft
10 Feb 2019RentedRenewal
AED 75,000/yr12 months · AED 47 per sqft
10 Feb 2018RentedNew contract
AED 80,000/yr12 months · AED 51 per sqft
26 Sep 2017Sold by developerReady
AED 1,068,665AED 676 per sqft
1 Jan 2015RentedNew contract
AED 100,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 11 March 2024.

Key facts

Type
3-bed apartment
Size
1,580 sqft
Floor
5th of 5
Parking
G-80,G-81
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 14,900 /yr
Last sold
AED 975K · March 2024
Building
Mazaya 10B

About 506, Mazaya 10B

506 is a three-bedroom apartment of 1,580 sqft on the 5th floor of Mazaya 10B, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 11 March 2024 for AED 975,000, or AED 617 per sqft.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 60,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 14,900 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical three-bed in Mazaya 10B
1M2009201420192024Typical sale price by year: 2009 AED 1,145,732; 2015 AED 1,027,000; 2024 AED 920,396; 2025 AED 1,130,000Sold by developer, September 2017: AED 1,068,665 (AED 676 per sqft)Sold, March 2024: AED 975,000 (AED 617 per sqft)

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

Rents
Unit 506, each contractTypical three-bed in Mazaya 10B
60K80K100K2015201820212024Typical rent by year: 2015 AED 100,000; 2016 AED 95,000; 2017 AED 80,000; 2018 AED 77,500; 2019 AED 72,000; 2020 AED 60,000; 2021 AED 56,500; 2022 AED 56,000; 2023 AED 62,875; 2024 AED 71,500; 2025 AED 87,500New contract, January 2015: AED 100,000 a yearNew contract, February 2018: AED 80,000 a yearRenewal, February 2019: AED 75,000 a yearNew contract, November 2020: AED 60,000 a yearRenewal, November 2021: AED 60,000 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 10B, and where 506 sits

All 15 3-beds →

Over the last 12 months three-beds sold for AED 1,185,000, around AED 671 per sqft, and rent for AED 87,644 to 105,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Feb 20261,185,000
29 Sep 20251,200,000
18 Aug 20251,000,000
20 Jan 20251,130,000
1 3-bed sale in the last 12 months

Mazaya 10B

Building

115 apartments, 1-bed to 4-bed over 5 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 7 sold in the last 12 months.

Typical price per sqft
AED 864
Typical sale
AED 800K
Typical rent
AED 53K /yr
Typical yield
7.7%
Mazaya 10B, Liwan: prices, sales and rents →

Other units on the 5th floor

All 115 units in Mazaya 10B
Value
5011-bedAED 587K · May 2009
5021-bedAED 679K · Jun 2015
5033-bedAED 1.13M · Jan 2025
5042-bedAED 507K · Feb 2015
5053-bedAED 1.13M · Dec 2015
5071-bedAED 635K · Oct 2025
5082-bedAED 800K · May 2015
1–7 of 22

506, Mazaya 10B in numbers

  • Sold twice: first on 26 September 2017 for AED 1,068,665, last on 11 March 2024 for AED 975,000 (AED 617 per sqft).
  • Rented since January 2015 on 5 Ejari contracts, from AED 100,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 14,900 a year (AED 9.45 per sqft).
  • Three-beds in Mazaya 10B sold for AED 1,185,000–1,185,000 in the 12 months to November 2026; the building's median across all types is AED 864 per sqft.

Source: Dubai Land Department. Updated 11 March 2024.

Questions about 506, Mazaya 10B

What did unit 506 last sell for?

AED 975,000 on 11 March 2024: AED 617 per sqft for 1,580 sqft. The unit has 2 registered sales; the first was AED 1,068,665 in September 2017.

What is the rent for unit 506?

AED 60,000 a year on the contract renewed on 1 November 2021. The previous contract, from November 2020, was AED 60,000; the unit has been rented since January 2015.

How big is unit 506?

1,580 sqft (146.8 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower completed in 2014.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 10B sold for AED 1,185,000 to 1,185,000 in the last 12 months, around AED 671 per sqft.

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Mortgage on 506, Mazaya 10B

Starts from the last sale price (AED 975K, 11 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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