504, Mazaya 22
Sold prices and rental history: sold twice, last in May 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Mazaya 22
What is 504 worth today?
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Source: Dubai Land Department. Updated 15 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,622 sqft
- Floor
- 5th of 6
- Parking
- G-09
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 19,800 /yr
- Last sold
- AED 525K · May 2015
- Building
- Mazaya 22
About 504, Mazaya 22
504 is a two-bedroom apartment of 1,622 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 10 May 2015 for AED 525,000, or AED 323 per sqft.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 September 2024, is AED 58,000 a year: a gross yield of 11.1% on the 2015 price, before the service charge of about AED 19,800 a year.
Sales and rents for 504 over time
504 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 504 sits
All 15 2-beds →504's AED 58,000 is at the bottom 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 | ||
| 23 Sep 202423 September 2024 | 1,624 sqft | 1,030,000 | 634 | ||
| 16 Jan 202416 January 2024 | 1,019 sqft | 550,000 | 539 | ||
| 15 Jul 202215 July 2022 | 1,069 sqft | 472,500 | 442 |
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 | |
| 503 | 2-bed | 1,624 sqft | AED 1.03MAED 1,030,000 · Sep 2024September 2024 | 77,000 /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 |
504, Mazaya 22 in numbers
- Sold twice: first on 18 January 2012 for AED 667,796, last on 10 May 2015 for AED 525,000 (AED 323 per sqft).
- Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 51,000 in 2021 and recovered to AED 58,000 by September 2024.
- At AED 58,000 a year the gross yield on the 2015 price is 11.1%, before a service charge of about AED 19,800 a year (AED 12.18 per sqft).
Source: Dubai Land Department. Updated 15 September 2024.
Questions about 504, Mazaya 22
What did unit 504 last sell for?
AED 525,000 on 10 May 2015: AED 323 per sqft for 1,622 sqft. The unit has 2 registered sales; the first was AED 667,796 in January 2012.
What is the rent for unit 504?
AED 58,000 a year on the contract signed on 15 September 2024. The previous contract, from September 2021, was AED 51,000; the unit has been rented since September 2019.
How big is unit 504?
1,622 sqft (150.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 504 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 504, Mazaya 22
Starts from the last sale price (AED 525K, 10 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →