508, Mazaya 21
Sold prices and rental history: sold twice, last in May 2023, 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 508, Mazaya 21
What is 508 worth today?
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Source: Dubai Land Department. Updated 10 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 840 sqft
- Floor
- 5th of 6
- Parking
- G-37
- Developer
- Al Mazaya Holding Company
- Completed
- 2015
- Service charge
- AED 10,500 /yr
- Last sold
- AED 370K · May 2023
- Building
- Mazaya 21
About 508, Mazaya 21
508 is a one-bedroom apartment of 840 sqft on the 5th floor of Mazaya 21, a 6-storey tower in Liwan completed in 2015 by Al Mazaya Holding Company. It last sold on 10 May 2023 for AED 370,000, or AED 440 per sqft, 3% below the AED 455 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 28,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 10,500 a year.
Sales and rents for 508 over time
508 has sold twice; 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 21, and where 508 sits
All 37 1-beds →508 last sold in May 2023 at AED 440 per sqft, 3% below what one-beds in Mazaya 21 were fetching at the time (AED 455). Over the last 12 months one-beds sold for AED 505,000 to 630,000, around AED 859 per sqft, and rent for AED 36,225 to 58,000 a year. 508's AED 28,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 587 sqft | 590,000 | 1,005 | ||
| 13 Oct 202613 October 2026 | 588 sqft | 505,000 | 859 | ||
| 4 Dec 20254 December 2025 | 821 sqft | 630,000 | 767 | ||
| 23 Oct 202523 October 2025 | 820 sqft | 600,000 | 731 |
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 | ||
| 505 | 3-bed | 1,681 sqft | AED 1.21MAED 1,213,117 · Dec 2016December 2016 | 53,000 /yr | |
| 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, Mazaya 21 in numbers
- Sold twice: first on 22 November 2015 for AED 659,078, last on 10 May 2023 for AED 370,000 (AED 440 per sqft).
- Rented since July 2016 on 7 Ejari contracts. The rent fell from AED 42,000 to AED 25,000 in 2021 and recovered to AED 28,000 by July 2022.
- At AED 28,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 10,500 a year (AED 12.47 per sqft).
- One-beds in Mazaya 21 sold for AED 505,000–630,000 in the 12 months to November 2026; the building's median across all types is AED 859 per sqft.
Source: Dubai Land Department. Updated 10 May 2023.
Questions about 508, Mazaya 21
What did unit 508 last sell for?
AED 370,000 on 10 May 2023: AED 440 per sqft for 840 sqft. The unit has 2 registered sales; the first was AED 659,078 in November 2015.
What is the rent for unit 508?
AED 28,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 25,000; the unit has been rented since July 2016.
How big is unit 508?
840 sqft (78.0 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2015.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 21 sold for AED 505,000 to 630,000 in the last 12 months, around AED 859 per sqft.
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Mortgage on 508, Mazaya 21
Starts from the last sale price (AED 370K, 10 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 370,000
- Deposit, UAE resident (20%)
- AED 74,000
- Deposit, non-resident (40%)
- AED 148,000
- Monthly over 25 years at 3.7%
- AED 1,514
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →