505, Mazaya 15
Sold prices and rental history: sold 3 times, last in March 2025, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Mazaya 15
What is 505 worth today?
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Source: Dubai Land Department. Updated 17 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,415 sqft
- Floor
- 5th of 10
- Parking
- G-56
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 13,700 /yr
- Last sold
- AED 1M · March 2025
- Building
- Mazaya 15
About 505, Mazaya 15
505 is a two-bedroom apartment of 1,415 sqft on the 5th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 17 March 2025 for AED 1,000,000, or AED 706 per sqft, 18% above the AED 598 two-beds in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 20 July 2017, is AED 85,000 a year: a gross yield of 8.5% on the 2025 price, before the service charge of about AED 13,700 a year.
Sales and rents for 505 over time
505 has sold 3 times; 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 15, and where 505 sits
All 26 2-beds →505 last sold in March 2025 at AED 706 per sqft, 18% above what two-beds in Mazaya 15 were fetching at the time (AED 598). Over the last 12 months two-beds sold for AED 860,000, around AED 743 per sqft, and rent for AED 47,000 to 80,000 a year. 505's AED 85,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Apr 202610 April 2026 | 1,157 sqft | 860,000 | 743 | ||
| 20 Oct 202520 October 2025 | 1,184 sqft | 860,000 | 726 | ||
| 18 Jun 202518 June 2025 | 1,157 sqft | 870,000 | 751 | ||
| 13 May 202513 May 2025 | 1,415 sqft | 1,080,000 | 763 |
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 | |
| 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 | |
| 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 |
505, Mazaya 15 in numbers
- Sold 3 times: first on 28 April 2009 for AED 980,719, last on 17 March 2025 for AED 1,000,000 (AED 706 per sqft).
- Rented since July 2015 on 3 Ejari contracts, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2025 price is 8.5%, before a service charge of about AED 13,700 a year (AED 9.65 per sqft).
- Two-beds in Mazaya 15 sold for AED 860,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 737 per sqft.
Source: Dubai Land Department. Updated 17 March 2025.
Questions about 505, Mazaya 15
What did unit 505 last sell for?
AED 1,000,000 on 17 March 2025: AED 706 per sqft for 1,415 sqft. The unit has 3 registered sales; the first was AED 980,719 in April 2009.
What is the rent for unit 505?
AED 85,000 a year on the contract renewed on 20 July 2017. The previous contract, from July 2016, was AED 85,000; the unit has been rented since July 2015.
How big is unit 505?
1,415 sqft (131.5 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2014.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 15 sold for AED 860,000 to 860,000 in the last 12 months, around AED 743 per sqft.
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Mortgage on 505, Mazaya 15
Starts from the last sale price (AED 1M, 17 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →