2-bed · 1,032 sqftMazaya 11, Liwan · 5th floor · completed 2016

502, Mazaya 11

Sold prices and rental history: sold once, by the developer in August 2017, and rented once, from November 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 November 2017
Last soldAED 825K14 August 2017
Current rentAED 60K /yr1 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Mazaya 11

What is 502 worth today?

Last sold for AED 825,000 in 2017

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1 Nov 2017RentedNew contract
AED 60,000/yr12 months · AED 58 per sqft
14 Aug 2017Sold by developerReady
AED 825,000AED 799 per sqft

Source: Dubai Land Department. Updated 1 November 2017.

Key facts

Type
2-bed apartment
Size
1,032 sqft
Floor
5th of 6
Parking
G-21 0
Developer
Al Mazaya Real Estate
Completed
2016
Service charge
AED 13,200 /yr
Last sold
AED 825K · August 2017
Building
Mazaya 11

About 502, Mazaya 11

502 is a two-bedroom apartment of 1,032 sqft on the 5th floor of Mazaya 11, a 6-storey tower in Liwan completed in 2016 by Al Mazaya Real Estate. The developer sold it on 14 August 2017 for AED 825,000, or AED 799 per sqft, 12% above the AED 716 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2017. The current contract, signed on 1 November 2017, is AED 60,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 13,200 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Mazaya 11
1M20092013201720212025Typical sale price by year: 2009 AED 743,657; 2016 AED 822,726; 2022 AED 650,000; 2024 AED 1,330,741Sold by developer, August 2017: AED 825,000 (AED 799 per sqft)

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

Rents
Unit 502, each contractTypical two-bed in Mazaya 11
40K60K80K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 60,000; 2019 AED 52,000; 2020 AED 43,000; 2021 AED 45,000; 2022 AED 40,000; 2023 AED 45,500; 2024 AED 54,800; 2025 AED 74,250; 2026 AED 67,500New contract, November 2017: AED 60,000 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 11, and where 502 sits

All 16 2-beds →

502 last sold in August 2017 at AED 799 per sqft, 12% above what two-beds in Mazaya 11 were fetching at the time (AED 716). Over the last 12 months two-beds sold for AED 815,000, around AED 789 per sqft, and rent for AED 60,000 to 89,250 a year. 502's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 2026815,000
13 Jun 20251,100,000
23 Sep 2024500,000
22 Jan 20241,330,741
1 2-bed sale in the last 12 months

Mazaya 11

Building

56 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2016 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 778
Typical sale
AED 643K
Typical rent
AED 50K /yr
Typical yield
8.8%
Mazaya 11, Liwan: prices, sales and rents →

Other units on the 5th floor

All 56 units in Mazaya 11
Value
5012-bedAED 500K · Sep 2024
5032-bedAED 1.1M · Jun 2025
5042-bedAED 760K · Mar 2022
5052-bedAED 800K · Mar 2020
5063-bedAED 1.1M · Oct 2018

502, Mazaya 11 in numbers

  • Sold once: by Al Mazaya Real Estate on 14 August 2017 for AED 825,000, or AED 799 per sqft.
  • Rented since November 2017 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 13,200 a year (AED 12.80 per sqft).
  • Two-beds in Mazaya 11 sold for AED 815,000–815,000 in the 12 months to November 2026; the building's median across all types is AED 778 per sqft.

Source: Dubai Land Department. Updated 1 November 2017.

Questions about 502, Mazaya 11

What did unit 502 last sell for?

AED 825,000 on 14 August 2017, sold by the developer: AED 799 per sqft for 1,032 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 60,000 a year on the contract signed on 1 November 2017.

How big is unit 502?

1,032 sqft (95.9 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2016.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 11 sold for AED 815,000 to 815,000 in the last 12 months, around AED 789 per sqft.

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Mortgage on 502, Mazaya 11

Starts from the last sale price (AED 825K, 14 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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