502, Mazaya 23
Sold prices and rental history: sold twice, last in May 2014, 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 502, Mazaya 23
What is 502 worth today?
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Source: Dubai Land Department. Updated 15 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,738 sqft
- Floor
- 5th of 6
- Parking
- G-45,G-46
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 21,500 /yr
- Last sold
- AED 710K · May 2014
- Building
- Mazaya 23
About 502, Mazaya 23
502 is a three-bedroom apartment of 1,738 sqft on the 5th floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 13 May 2014 for AED 710,076, or AED 408 per sqft.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 71,500 a year: a gross yield of 10.1% on the 2014 price, before the service charge of about AED 21,500 a year.
3-beds in Mazaya 23, and where 502 sits
All 3 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Mar 202520 March 2025 | 1,746 sqft | 1,100,000 | 629 | ||
| 26 Jul 201526 July 2015 | 1,746 sqft | 1,257,221 | 720 | ||
| 5 Aug 20145 August 2014 | 1,730 sqft | 699,195 | 404 |
Mazaya 23
Building55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 6 sold in the last 12 months.
- Typical price per sqft
- AED 809
- Typical sale
- AED 585K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.8%
Other units on the 5th floor
All 55 units in Mazaya 23| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 840 sqft | AED 610KAED 610,000 · May 2014May 2014 | 45,150 /yr | |
| 503 | 2-bed | 1,606 sqft | AED 800KAED 800,000 · Sep 2018September 2018 | 77,000 /yr | |
| 504 | 2-bed | 1,604 sqft | AED 1.18MAED 1,179,308 · Sep 2014September 2014 | 80,000 /yr | |
| 505 | 3-bed | 1,746 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | 20,539 /yr | |
| 506 | 1-bed | 840 sqft | AED 550KAED 550,000 · Nov 2024November 2024 | 27,000 /yr | |
| 507 | 1-bed | 618 sqft | AED 400KAED 400,000 · Nov 2018November 2018 | 38,325 /yr | |
| 508 | 1-bed | 611 sqft | AED 550KAED 550,000 · Dec 2025December 2025 | 50,000 /yr |
502, Mazaya 23 in numbers
- Sold twice: first on 9 April 2009 for AED 1,420,151, last on 13 May 2014 for AED 710,076 (AED 408 per sqft).
- Rented since June 2015 on 11 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2021 and recovered to AED 71,500 by August 2024.
- At AED 71,500 a year the gross yield on the 2014 price is 10.1%, before a service charge of about AED 21,500 a year (AED 12.38 per sqft).
Source: Dubai Land Department. Updated 15 August 2024.
Questions about 502, Mazaya 23
What did unit 502 last sell for?
AED 710,076 on 13 May 2014: AED 408 per sqft for 1,738 sqft. The unit has 2 registered sales; the first was AED 1,420,151 in April 2009.
What is the rent for unit 502?
AED 71,500 a year on the contract renewed on 15 August 2024. The previous contract, from August 2024, was AED 71,500; the unit has been rented since June 2015.
How big is unit 502?
1,738 sqft (161.5 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2013.
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 23
Starts from the last sale price (AED 710K, 13 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 710,076
- Deposit, UAE resident (20%)
- AED 142,015
- Deposit, non-resident (40%)
- AED 284,030
- Monthly over 25 years at 3.7%
- AED 2,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →