503, Mazaya 22
Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Mazaya 22
What is 503 worth today?
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Source: Dubai Land Department. Updated 23 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,624 sqft
- Floor
- 5th of 6
- Parking
- G-08
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 19,800 /yr
- Last sold
- AED 1.03M · September 2024
- Building
- Mazaya 22
About 503, Mazaya 22
503 is a two-bedroom apartment of 1,624 sqft on the 5th floor of Mazaya 22, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 23 September 2024 for AED 1,030,000, or AED 634 per sqft.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 1 March 2018, is AED 77,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 19,800 a year.
Sales and rents for 503 over time
503 has sold twice; 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 22, and where 503 sits
All 15 2-beds →503's AED 77,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Nov 20255 November 2025 | 1,065 sqft | 722,000 | 677 | ||
| 16 Jan 202416 January 2024 | 1,019 sqft | 550,000 | 539 | ||
| 15 Jul 202215 July 2022 | 1,069 sqft | 472,500 | 442 | ||
| 16 Apr 201916 April 2019 | 1,624 sqft | 780,000 | 480 |
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 | |
| 502 | 3-bed | 1,753 sqft | AED 1.26MAED 1,261,944 · Aug 2015August 2015 | 40,000 /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 |
503, Mazaya 22 in numbers
- Sold twice: first on 28 December 2014 for AED 1,180,000, last on 23 September 2024 for AED 1,030,000 (AED 634 per sqft).
- Rented since March 2015 on 4 Ejari contracts, from AED 85,000 to AED 77,000 a year.
- At AED 77,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 19,800 a year (AED 12.18 per sqft).
Source: Dubai Land Department. Updated 23 September 2024.
Questions about 503, Mazaya 22
What did unit 503 last sell for?
AED 1,030,000 on 23 September 2024: AED 634 per sqft for 1,624 sqft. The unit has 2 registered sales; the first was AED 1,180,000 in December 2014.
What is the rent for unit 503?
AED 77,000 a year on the contract renewed on 1 March 2018. The previous contract, from March 2017, was AED 85,000; the unit has been rented since March 2015.
How big is unit 503?
1,624 sqft (150.9 sqm): a two-bedroom apartment on the 5th floor of a 6-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.
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Mortgage on 503, Mazaya 22
Starts from the last sale price (AED 1.03M, 23 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,030,000
- Deposit, UAE resident (20%)
- AED 206,000
- Deposit, non-resident (40%)
- AED 412,000
- Monthly over 25 years at 3.7%
- AED 4,214
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →