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1-bed · 604 sqftMazaya 10B, Liwan · 5th floor · completed 2014

515, Mazaya 10B

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 515 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 418K10 May 2009
Current rentAED 45K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 515, Mazaya 10B

What is 515 worth today?

Last sold for AED 418,149 in 2009

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10 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 74 per sqft
4 Jul 2023RentedRenewal
AED 33,000/yr12 months · AED 55 per sqft
4 Jul 2022RentedNew contract
AED 30,000/yr12 months · AED 50 per sqft
1 Jul 2021RentedRenewal
AED 25,000/yr12 months · AED 41 per sqft
1 Jul 2020RentedNew contract
AED 25,000/yr12 months · AED 41 per sqft
2 Feb 2019RentedRenewal
AED 38,000/yr12 months · AED 63 per sqft
2 Feb 2018RentedRenewal
AED 45,000/yr12 months · AED 75 per sqft
2 Feb 2017RentedNew contract
AED 45,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
604 sqft
Floor
5th of 5
Parking
G-112
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,700 /yr
Last sold
AED 418K · May 2009
Building
Mazaya 10B

About 515, Mazaya 10B

515 is a one-bedroom apartment of 604 sqft on the 5th floor of Mazaya 10B, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 10 May 2009 for AED 418,149, or AED 691 per sqft, in line with the AED 709 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 10 October 2024, is AED 45,000 a year: a gross yield of 10.8% on the 2009 price, before the service charge of about AED 5,700 a year.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical one-bed in Mazaya 10B
400K600K2009201420192024Typical sale price by year: 2009 AED 502,991; 2014 AED 501,876; 2015 AED 500,502; 2016 AED 464,841; 2017 AED 552,500; 2022 AED 315,000; 2023 AED 380,000; 2024 AED 490,000; 2025 AED 570,417; 2026 AED 650,000Sold by developer, May 2009: AED 418,149 (AED 691 per sqft)

515 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 515, each contractTypical one-bed in Mazaya 10B
20K40K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 54,500; 2016 AED 53,000; 2017 AED 52,000; 2018 AED 44,000; 2019 AED 36,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 28,750; 2023 AED 33,000; 2024 AED 38,000; 2025 AED 50,000; 2026 AED 48,300New contract, January 2015: AED 45,000 a yearNew contract, January 2016: AED 48,000 a yearNew contract, February 2017: AED 45,000 a yearRenewal, February 2018: AED 45,000 a yearRenewal, February 2019: AED 38,000 a yearNew contract, July 2020: AED 25,000 a yearRenewal, July 2021: AED 25,000 a yearNew contract, July 2022: AED 30,000 a yearRenewal, July 2023: AED 33,000 a yearNew contract, October 2024: AED 45,000 a year

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

1-beds in Mazaya 10B, and where 515 sits

All 60 1-beds →

515 last sold in May 2009 at AED 691 per sqft, in line with what one-beds in Mazaya 10B were fetching at the time (AED 709). Over the last 12 months one-beds sold for AED 470,000 to 800,000, around AED 879 per sqft, and rent for AED 38,000 to 75,000 a year. 515's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Aug 2026650,000
8 May 2026470,000
5 Mar 2026800,000
18 Nov 2025499,000
4 1-bed sales 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
5063-bedAED 975K · Mar 2024
5071-bedAED 635K · Oct 2025
1–7 of 22

515, Mazaya 10B in numbers

  • Sold once: by Al Mazaya Real Estate on 10 May 2009 for AED 418,149, or AED 691 per sqft.
  • Rented since January 2015 on 10 Ejari contracts. The rent fell from AED 45,000 to AED 25,000 in 2021 and recovered to AED 45,000 by October 2024.
  • At AED 45,000 a year the gross yield on the 2009 price is 10.8%, before a service charge of about AED 5,700 a year (AED 9.45 per sqft).
  • One-beds in Mazaya 10B sold for AED 470,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 864 per sqft.

Source: Dubai Land Department. Updated 10 October 2024.

Questions about 515, Mazaya 10B

What did unit 515 last sell for?

AED 418,149 on 10 May 2009, sold by the developer: AED 691 per sqft for 604 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 45,000 a year on the contract signed on 10 October 2024. The previous contract, from July 2023, was AED 33,000; the unit has been rented since January 2015.

How big is unit 515?

604 sqft (56.1 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2014.

What is unit 515 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 10B sold for AED 470,000 to 800,000 in the last 12 months, around AED 879 per sqft.

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Mortgage on 515, Mazaya 10B

Starts from the last sale price (AED 418K, 10 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 418,149
Deposit, UAE resident (20%)
AED 83,630
Deposit, non-resident (40%)
AED 167,260
Monthly over 25 years at 3.7%
AED 1,711

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