502, Mazaya 15
Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Mazaya 15
What is 502 worth today?
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Source: Dubai Land Department. Updated 8 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 636 sqft
- Floor
- 5th of 10
- Parking
- G-32
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 6,100 /yr
- Last sold
- AED 228K · November 2015
- Building
- Mazaya 15
About 502, Mazaya 15
502 is a one-bedroom apartment of 636 sqft on the 5th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 29 November 2015 for AED 228,385, or AED 359 per sqft, in line with the AED 369 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 8 August 2026, is AED 50,000 a year: a gross yield of 21.9% on the 2015 price, before the service charge of about AED 6,100 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 15, and where 502 sits
All 48 1-beds →502 last sold in November 2015 at AED 359 per sqft, in line with what one-beds in Mazaya 15 were fetching at the time (AED 369). Over the last 12 months one-beds sold for AED 495,000 to 655,979, around AED 730 per sqft, and rent for AED 38,808 to 56,000 a year. 502's AED 50,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 834 sqft | 620,000 | 743 | ||
| 8 Jun 20268 June 2026 | 668 sqft | 495,000 | 740 | ||
| 15 Apr 202615 April 2026 | 765 sqft | 550,000 | 719 | ||
| 6 Jan 20266 January 2026 | 1,143 sqft | 655,979 | 573 |
Mazaya 15
Building82 apartments, 1-bed to 3-bed over 10 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 6 sold in the last 12 months.
- Typical price per sqft
- AED 737
- Typical sale
- AED 638K
- Typical rent
- AED 52K /yr
- Typical yield
- 8.8%
Other units on the 5th floor
All 82 units in Mazaya 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,562 sqft | AED 584KAED 584,072 · Nov 2015November 2015 | 82,500 /yr | |
| 503 | 1-bed | 1,192 sqft | AED 828KAED 828,485 · Apr 2009April 2009 | 40,700 /yr | |
| 504 | 2-bed | 1,515 sqft | AED 680KAED 680,000 · May 2022May 2022 | 57,879 /yr | |
| 505 | 2-bed | 1,415 sqft | AED 1MAED 1,000,000 · Mar 2025March 2025 | 85,000 /yr | |
| 506 | 1-bed | 835 sqft | AED 613KAED 613,123 · May 2009May 2009 | 44,100 /yr | |
| 507 | 2-bed | 1,157 sqft | AED 860KAED 860,000 · Apr 2026April 2026 | 61,500 /yr |
502, Mazaya 15 in numbers
- Sold once: by Al Mazaya Real Estate on 29 November 2015 for AED 228,385, or AED 359 per sqft.
- Rented since February 2016 on 9 Ejari contracts. The rent fell from AED 49,000 to AED 22,000 in 2021 and recovered to AED 50,000 by August 2026.
- At AED 50,000 a year the gross yield on the 2015 price is 21.9%, before a service charge of about AED 6,100 a year (AED 9.65 per sqft).
- One-beds in Mazaya 15 sold for AED 495,000–655,979 in the 12 months to November 2026; the building's median across all types is AED 737 per sqft.
Source: Dubai Land Department. Updated 8 August 2026.
Questions about 502, Mazaya 15
What did unit 502 last sell for?
AED 228,385 on 29 November 2015, sold by the developer: AED 359 per sqft for 636 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 50,000 a year on the contract renewed on 8 August 2026. The previous contract, from August 2025, was AED 50,000; the unit has been rented since February 2016.
How big is unit 502?
636 sqft (59.1 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2014.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 15 sold for AED 495,000 to 655,979 in the last 12 months, around AED 730 per sqft.
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Mortgage on 502, Mazaya 15
Starts from the last sale price (AED 228K, 29 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 228,385
- Deposit, UAE resident (20%)
- AED 45,677
- Deposit, non-resident (40%)
- AED 91,354
- Monthly over 25 years at 3.7%
- AED 934
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →