505, Mazaya 22
Sold prices and rental history: sold once, by the developer in May 2015, 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 505, Mazaya 22
What is 505 worth today?
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Source: Dubai Land Department. Updated 10 December 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 872 sqft
- Floor
- 5th of 6
- Parking
- G-13 , G-14
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 10,600 /yr
- Last sold
- AED 715K · May 2015
- Building
- Mazaya 22
About 505, Mazaya 22
505 is a three-bedroom apartment of 872 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 19 May 2015 for AED 714,610, or AED 409 per sqft.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 10 December 2024, is AED 78,750 a year: a gross yield of 11.0% on the 2015 price, before the service charge of about AED 10,600 a year.
3-beds in Mazaya 22, and where 505 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 | ||
| 18 Aug 201518 August 2015 | 1,753 sqft | 1,261,944 | 720 |
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 | |
| 504 | 2-bed | 1,622 sqft | AED 525KAED 525,000 · May 2015May 2015 | 58,000 /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 |
505, Mazaya 22 in numbers
- Sold once: by Al Mazaya Real Estate on 19 May 2015 for AED 714,610, or AED 409 per sqft.
- Rented since April 2015 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 64,000 in 2019 and recovered to AED 78,750 by December 2024.
- At AED 78,750 a year the gross yield on the 2015 price is 11.0%, before a service charge of about AED 10,600 a year (AED 12.18 per sqft).
Source: Dubai Land Department. Updated 10 December 2024.
Questions about 505, Mazaya 22
What did unit 505 last sell for?
AED 714,610 on 19 May 2015, sold by the developer: AED 409 per sqft for 872 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 78,750 a year on the contract renewed on 10 December 2024. The previous contract, from December 2024, was AED 78,750; the unit has been rented since April 2015.
How big is unit 505?
872 sqft (81.0 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 505 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 505, Mazaya 22
Starts from the last sale price (AED 715K, 19 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 714,610
- Deposit, UAE resident (20%)
- AED 142,922
- Deposit, non-resident (40%)
- AED 285,844
- Monthly over 25 years at 3.7%
- AED 2,924
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →