501, Mazaya 12
Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Mazaya 12
What is 501 worth today?
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Source: Dubai Land Department. Updated 1 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,058 sqft
- Floor
- 5th of 6
- Parking
- B-31
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 10,400 /yr
- Last sold
- AED 693K · December 2014
- Building
- Mazaya 12
About 501, Mazaya 12
501 is a two-bedroom apartment of 1,058 sqft on the 5th floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 8 December 2014 for AED 693,171, or AED 654 per sqft, in line with the AED 652 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 47,000 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 10,400 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 12, and where 501 sits
All 30 2-beds →501 last sold in December 2014 at AED 654 per sqft, in line with what two-beds in Mazaya 12 were fetching at the time (AED 652). Over the last 12 months two-beds sold for AED 800,000, around AED 755 per sqft, and rent for AED 55,650 to 80,000 a year. 501's AED 47,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 1,058 sqft | 800,000 | 755 | ||
| 22 Nov 202422 November 2024 | 1,053 sqft | 680,000 | 645 | ||
| 8 Nov 20248 November 2024 | 1,217 sqft | 775,000 | 636 | ||
| 9 Sep 20249 September 2024 | 1,218 sqft | 593,760 | 487 |
Mazaya 12
Building96 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.
- Typical price per sqft
- AED 712
- Typical sale
- AED 700K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.6%
Other units on the 5th floor
All 96 units in Mazaya 12| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,217 sqft | AED 730KAED 729,990 · Nov 2015November 2015 | 55,000 /yr | |
| 503 | 1-bed | 771 sqft | AED 540KAED 540,000 · Jun 2015June 2015 | 36,400 /yr | |
| 504 | 1-bed | 781 sqft | AED 595KAED 595,000 · Apr 2017April 2017 | 49,000 /yr | |
| 505 | 2-bed | 1,218 sqft | AED 876KAED 876,000 · Dec 2015December 2015 | 75,000 /yr | |
| 506 | 2-bed | 1,052 sqft | AED 460KAED 460,000 · Sep 2021September 2021 | 53,000 /yr | |
| 507 | 1-bed | 569 sqft | AED 500KAED 500,000 · May 2025May 2025 | 50,000 /yr | |
| 508 | 1-bed | 570 sqft | AED 37KAED 37,150 · Jun 2015June 2015 | 45,000 /yr | |
| 509 | 2-bed | 1,053 sqft | AED 605KAED 605,000 · Mar 2024March 2024 | 40,000 /yr | |
| 510 | 1-bed | 771 sqft | AED 408KAED 408,000 · Dec 2023December 2023 | 55,000 /yr | |
| 511 | 1-bed | 946 sqft | AED 137KAED 136,638 · Mar 2021March 2021 | 47,000 /yr | |
| 512 | 1-bed | 995 sqft | AED 710KAED 709,702 · Jul 2018July 2018 | 34,269 /yr | |
| 513 | 1-bed | 945 sqft | AED 683KAED 683,256 · Nov 2016November 2016 | 24,000 /yr | |
| 514 | 1-bed | 771 sqft | AED 559KAED 559,007 · Apr 2015April 2015 | 48,000 /yr | |
| 515 | 3-bed | 1,610 sqft | AED 1.21MAED 1,207,238 · Jan 2016January 2016 | ||
| 516 | 1-bed | 558 sqft | AED 435KAED 435,000 · Jun 2025June 2025 | 68,000 /yr |
501, Mazaya 12 in numbers
- Sold once: by Al Mazaya Real Estate on 8 December 2014 for AED 693,171, or AED 654 per sqft.
- Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 52,000 to AED 38,000 in 2020 and recovered to AED 47,000 by September 2023.
- At AED 47,000 a year the gross yield on the 2014 price is 6.8%, before a service charge of about AED 10,400 a year (AED 9.78 per sqft).
- Two-beds in Mazaya 12 sold for AED 800,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 712 per sqft.
Source: Dubai Land Department. Updated 1 September 2023.
Questions about 501, Mazaya 12
What did unit 501 last sell for?
AED 693,171 on 8 December 2014, sold by the developer: AED 654 per sqft for 1,058 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 47,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 39,000; the unit has been rented since August 2018.
How big is unit 501?
1,058 sqft (98.3 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 12 sold for AED 800,000 to 800,000 in the last 12 months, around AED 755 per sqft.
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Mortgage on 501, Mazaya 12
Starts from the last sale price (AED 693K, 8 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 693,171
- Deposit, UAE resident (20%)
- AED 138,634
- Deposit, non-resident (40%)
- AED 277,268
- Monthly over 25 years at 3.7%
- AED 2,836
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →