508, Mazaya 14
Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Mazaya 14
What is 508 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,281 sqft
- Floor
- 5th of 11
- Parking
- G-74
- Developer
- Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
- Completed
- 2016
- Service charge
- AED 17,400 /yr
- Last sold
- AED 642K · December 2016
- Building
- Mazaya 14
About 508, Mazaya 14
508 is a two-bedroom apartment of 1,281 sqft on the 5th floor of Mazaya 14, a 11-storey tower in Liwan completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 21 December 2016 for AED 641,640, or AED 500 per sqft, in line with the AED 500 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 69,000 a year: a gross yield of 10.8% on the 2016 price, before the service charge of about AED 17,400 a year.
Sales and rents for 508 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 14, and where 508 sits
All 22 2-beds →508 last sold in December 2016 at AED 500 per sqft, in line with what two-beds in Mazaya 14 were fetching at the time (AED 500). 508's AED 69,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jan 201715 January 2017 | 1,327 sqft | 664,945 | 500 | ||
| 22 Dec 201622 December 2016 | 1,327 sqft | 664,945 | 500 | ||
| 22 Dec 201622 December 2016 | 1,281 sqft | 641,640 | 500 | ||
| 22 Dec 201622 December 2016 | 1,328 sqft | 665,055 | 500 |
Mazaya 14
Building121 apartments, studios to 2-bed over 11 floors in Liwan, completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 49K /yr
- Typical yield
Other units on the 5th floor
All 121 units in Mazaya 14| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 899 sqft | AED 450KAED 449,665 · Dec 2016December 2016 | 39,000 /yr | |
| 502 | 1-bed | 1,029 sqft | AED 515KAED 514,735 · Dec 2016December 2016 | 45,000 /yr | |
| 503 | 1-bed | 804 sqft | AED 402KAED 401,765 · Dec 2016December 2016 | 57,000 /yr | |
| 504 | 1-bed | 961 sqft | AED 480KAED 480,345 · Dec 2016December 2016 | 45,000 /yr | |
| 505 | 1-bed | 842 sqft | AED 421KAED 421,035 · Dec 2016December 2016 | 53,000 /yr | |
| 506 | 1-bed | 858 sqft | AED 429KAED 429,055 · Jan 2017January 2017 | 44,000 /yr | |
| 507 | Studio | 519 sqft | AED 259KAED 259,305 · Dec 2016December 2016 | 25,000 /yr | |
| 509 | 2-bed | 1,327 sqft | AED 665KAED 664,945 · Dec 2016December 2016 | 74,000 /yr | |
| 510 | Studio | 623 sqft | AED 311KAED 311,350 · Dec 2016December 2016 | 33,600 /yr | |
| 511 | 1-bed | 898 sqft | AED 449KAED 449,235 · Dec 2016December 2016 | 42,000 /yr |
508, Mazaya 14 in numbers
- Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 21 December 2016 for AED 641,640, or AED 500 per sqft.
- Rented since February 2019 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2022 and recovered to AED 69,000 by March 2025.
- At AED 69,000 a year the gross yield on the 2016 price is 10.8%, before a service charge of about AED 17,400 a year (AED 13.60 per sqft).
Source: Dubai Land Department. Updated 15 March 2025.
Questions about 508, Mazaya 14
What did unit 508 last sell for?
AED 641,640 on 21 December 2016, sold by the developer: AED 500 per sqft for 1,281 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 69,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2025, was AED 69,000; the unit has been rented since February 2019.
How big is unit 508?
1,281 sqft (119.0 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2016.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 508? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 508, Mazaya 14
Starts from the last sale price (AED 642K, 21 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 641,640
- Deposit, UAE resident (20%)
- AED 128,328
- Deposit, non-resident (40%)
- AED 256,656
- Monthly over 25 years at 3.7%
- AED 2,625
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →