503, Mazaya 15
Sold prices and rental history: sold once, by the developer in April 2009, 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 503, Mazaya 15
What is 503 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,192 sqft
- Floor
- 5th of 10
- Parking
- G-81
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 11,500 /yr
- Last sold
- AED 828K · April 2009
- Building
- Mazaya 15
About 503, Mazaya 15
503 is a one-bedroom apartment of 1,192 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 28 April 2009 for AED 828,485, or AED 695 per sqft, in line with the AED 708 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 40,700 a year: a gross yield of 4.9% on the 2009 price, before the service charge of about AED 11,500 a year.
Sales and rents for 503 over time
503 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 503 sits
All 48 1-beds →503 last sold in April 2009 at AED 695 per sqft, in line with what one-beds in Mazaya 15 were fetching at the time (AED 708). 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. 503's AED 40,700 is in the lower 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 | |
| 502 | 1-bed | 636 sqft | AED 228KAED 228,385 · Nov 2015November 2015 | 50,000 /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 |
503, Mazaya 15 in numbers
- Sold once: by Al Mazaya Real Estate on 28 April 2009 for AED 828,485, or AED 695 per sqft.
- Rented since September 2018 on 10 Ejari contracts. The rent fell from AED 44,000 to AED 30,000 in 2022 and recovered to AED 40,700 by March 2026.
- At AED 40,700 a year the gross yield on the 2009 price is 4.9%, before a service charge of about AED 11,500 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 1 March 2026.
Questions about 503, Mazaya 15
What did unit 503 last sell for?
AED 828,485 on 28 April 2009, sold by the developer: AED 695 per sqft for 1,192 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 40,700 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 37,000; the unit has been rented since September 2018.
How big is unit 503?
1,192 sqft (110.7 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2014.
What is unit 503 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 503, Mazaya 15
Starts from the last sale price (AED 828K, 28 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 828,485
- Deposit, UAE resident (20%)
- AED 165,697
- Deposit, non-resident (40%)
- AED 331,394
- Monthly over 25 years at 3.7%
- AED 3,390
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →