2-bed · 1,685 sqftMazaya 11, Liwan · 5th floor · completed 2016

504, Mazaya 11

Sold prices and rental history: sold twice, last in March 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 16 March 2022
Last soldAED 760K16 March 2022
Current rentAED 50K /yr15 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Mazaya 11

What is 504 worth today?

Last sold for AED 760,000 in 2022

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16 Mar 2022SoldReady
AED 760,000AED 451 per sqft
15 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 30 per sqft
15 Apr 2020RentedNew contract
AED 66,000/yr12 months · AED 39 per sqft
15 Apr 2018RentedRenewal
AED 75,000/yr12 months · AED 44 per sqft
15 Apr 2017RentedNew contract
AED 80,000/yr12 months · AED 47 per sqft
24 Aug 2016Sold by developerOff-plan
AED 1,207,000AED 716 per sqft

Source: Dubai Land Department. Updated 16 March 2022.

Key facts

Type
2-bed apartment
Size
1,685 sqft
Floor
5th of 6
Parking
G-40
Developer
Al Mazaya Real Estate
Completed
2016
Service charge
AED 21,600 /yr
Last sold
AED 760K · March 2022
Building
Mazaya 11

About 504, Mazaya 11

504 is a two-bedroom apartment of 1,685 sqft on the 5th floor of Mazaya 11, a 6-storey tower in Liwan completed in 2016 by Al Mazaya Real Estate. It last sold on 16 March 2022 for AED 760,000, or AED 451 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 15 October 2020, is AED 50,000 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 21,600 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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 2016: AED 1,207,000 (AED 716 per sqft)Sold, March 2022: AED 760,000 (AED 451 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 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, April 2017: AED 80,000 a yearRenewal, April 2018: AED 75,000 a yearNew contract, April 2020: AED 66,000 a yearNew contract, October 2020: AED 50,000 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 504 sits

All 16 2-beds →

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. 504's AED 50,000 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
5022-bedAED 825K · Aug 2017
5032-bedAED 1.1M · Jun 2025
5052-bedAED 800K · Mar 2020
5063-bedAED 1.1M · Oct 2018

504, Mazaya 11 in numbers

  • Sold twice: first on 24 August 2016 for AED 1,207,000, last on 16 March 2022 for AED 760,000 (AED 451 per sqft).
  • Rented since April 2017 on 4 Ejari contracts, from AED 80,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 21,600 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 16 March 2022.

Questions about 504, Mazaya 11

What did unit 504 last sell for?

AED 760,000 on 16 March 2022: AED 451 per sqft for 1,685 sqft. The unit has 2 registered sales; the first was AED 1,207,000 in August 2016.

What is the rent for unit 504?

AED 50,000 a year on the contract signed on 15 October 2020. The previous contract, from April 2020, was AED 66,000; the unit has been rented since April 2017.

How big is unit 504?

1,685 sqft (156.5 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2016.

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 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 504, Mazaya 11

Starts from the last sale price (AED 760K, 16 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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