502, Mazaya 22
Sold prices and rental history: sold once, by the developer in August 2015, and rented once, from January 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Mazaya 22
What is 502 worth today?
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Source: Dubai Land Department. Updated 1 January 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,753 sqft
- Floor
- 5th of 6
- Parking
- G-04
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 21,300 /yr
- Last sold
- AED 1.26M · August 2015
- Building
- Mazaya 22
About 502, Mazaya 22
502 is a three-bedroom apartment of 1,753 sqft on the 5th floor of Mazaya 22, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 18 August 2015 for AED 1,261,944, or AED 720 per sqft.
One Ejari contract is registered, from 1 January 2024. The current contract, signed on 1 January 2024, is AED 40,000 a year: a gross yield of 3.2% on the 2015 price, before the service charge of about AED 21,300 a year.
3-beds in Mazaya 22, and where 502 sits
All 3 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202522 January 2025 | 1,757 sqft | 1,200,000 | 683 | ||
| 21 Sep 201521 September 2015 | 1,757 sqft | 1,264,810 | 720 | ||
| 19 May 201519 May 2015 | 1,744 sqft | 714,610 | 409 |
Mazaya 22
Building55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 3 sold in the last 12 months.
- Typical price per sqft
- AED 878
- Typical sale
- AED 505K
- Typical rent
- AED 47K /yr
- Typical yield
- 7.9%
Other units on the 5th floor
All 55 units in Mazaya 22| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 831 sqft | AED 410KAED 410,000 · Oct 2023October 2023 | 46,000 /yr | |
| 503 | 2-bed | 1,624 sqft | AED 1.03MAED 1,030,000 · Sep 2024September 2024 | 77,000 /yr | |
| 504 | 2-bed | 1,622 sqft | AED 525KAED 525,000 · May 2015May 2015 | 58,000 /yr | |
| 505 | 3-bed | 872 sqft | AED 715KAED 714,610 · May 2015May 2015 | 78,750 /yr | |
| 506 | 1-bed | 831 sqft | AED 410KAED 410,000 · Oct 2023October 2023 | 46,000 /yr | |
| 507 | 1-bed | 619 sqft | AED 283KAED 282,991 · Sep 2015September 2015 | 42,000 /yr | |
| 508 | 1-bed | 621 sqft | AED 451KAED 451,000 · Apr 2014April 2014 | 36,800 /yr |
502, Mazaya 22 in numbers
- Sold once: by Al Mazaya Real Estate on 18 August 2015 for AED 1,261,944, or AED 720 per sqft.
- Rented since January 2024 on one Ejari contract, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2015 price is 3.2%, before a service charge of about AED 21,300 a year (AED 12.18 per sqft).
Source: Dubai Land Department. Updated 1 January 2024.
Questions about 502, Mazaya 22
What did unit 502 last sell for?
AED 1,261,944 on 18 August 2015, sold by the developer: AED 720 per sqft for 1,753 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 40,000 a year on the contract signed on 1 January 2024.
How big is unit 502?
1,753 sqft (162.9 sqm): a three-bedroom apartment on the 5th floor of a 6-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.
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Mortgage on 502, Mazaya 22
Starts from the last sale price (AED 1.26M, 18 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,261,944
- Deposit, UAE resident (20%)
- AED 252,389
- Deposit, non-resident (40%)
- AED 504,778
- Monthly over 25 years at 3.7%
- AED 5,163
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →