505, Mazaya 21
Sold prices and rental history: sold once, by the developer in December 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Mazaya 21
What is 505 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 25 November 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 1,681 sqft
- Floor
- 5th of 6
- Parking
- G-46
- Developer
- Al Mazaya Holding Company
- Completed
- 2015
- Service charge
- AED 21,000 /yr
- Last sold
- AED 1.21M · December 2016
- Building
- Mazaya 21
About 505, Mazaya 21
505 is a three-bedroom apartment of 1,681 sqft on the 5th floor of Mazaya 21, a 6-storey tower in Liwan completed in 2015 by Al Mazaya Holding Company. The developer sold it on 26 December 2016 for AED 1,213,117, or AED 721 per sqft, 6% above the AED 682 three-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 25 November 2022, is AED 53,000 a year: a gross yield of 4.4% on the 2016 price, before the service charge of about AED 21,000 a year.
3-beds in Mazaya 21, and where 505 sits
All 4 3-beds →505 last sold in December 2016 at AED 721 per sqft, 6% above what three-beds in Mazaya 21 were fetching at the time (AED 682).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 May 201731 May 2017 | 1,954 sqft | 675,476 | 345 | ||
| 23 May 201623 May 2016 | 1,960 sqft | 629,626 | 321 | ||
| 19 May 201619 May 2016 | 1,906 sqft | 1,300,833 | 682 |
Mazaya 21
Building55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2015 by Al Mazaya Holding Company. 4 sold in the last 12 months.
- Typical price per sqft
- AED 859
- Typical sale
- AED 610K
- Typical rent
- AED 49K /yr
- Typical yield
- 7.9%
Other units on the 5th floor
All 55 units in Mazaya 21| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 840 sqft | AED 455KAED 455,000 · Feb 2024February 2024 | 54,000 /yr | |
| 502 | 3-bed | 1,960 sqft | AED 630KAED 629,626 · May 2016May 2016 | 110,000 /yr | |
| 503 | 1-bed | 593 sqft | AED 350KAED 350,000 · Mar 2024March 2024 | 52,000 /yr | |
| 504 | 2-bed | 1,681 sqft | AED 525KAED 525,000 · Sep 2017September 2017 | ||
| 506 | 1-bed | 589 sqft | AED 385KAED 385,000 · Aug 2015August 2015 | 25,000 /yr | |
| 507 | 3-bed | 1,954 sqft | AED 675KAED 675,476 · May 2017May 2017 | 94,500 /yr | |
| 508 | 1-bed | 840 sqft | AED 370KAED 370,000 · May 2023May 2023 | 28,000 /yr |
505, Mazaya 21 in numbers
- Sold once: by Al Mazaya Holding Company on 26 December 2016 for AED 1,213,117, or AED 721 per sqft.
- Rented since October 2022 on 2 Ejari contracts, from AED 50,000 to AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2016 price is 4.4%, before a service charge of about AED 21,000 a year (AED 12.47 per sqft).
Source: Dubai Land Department. Updated 25 November 2022.
Questions about 505, Mazaya 21
What did unit 505 last sell for?
AED 1,213,117 on 26 December 2016, sold by the developer: AED 721 per sqft for 1,681 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 53,000 a year on the contract signed on 25 November 2022. The previous contract, from October 2022, was AED 50,000.
How big is unit 505?
1,681 sqft (156.2 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2015.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 505? 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 505, Mazaya 21
Starts from the last sale price (AED 1.21M, 26 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,213,117
- Deposit, UAE resident (20%)
- AED 242,623
- Deposit, non-resident (40%)
- AED 485,247
- Monthly over 25 years at 3.7%
- AED 4,963
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →