2-bed · 1,606 sqftMazaya 23, Liwan · 5th floor · completed 2013

503, Mazaya 23

Sold prices and rental history: sold 3 times, last in September 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 800K10 September 2018
Current rentAED 77K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Mazaya 23

What is 503 worth today?

Last sold for AED 800,000 in 2018

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1 Sep 2026RentedNew contract
AED 77,000/yr12 months · AED 48 per sqft
10 Mar 2023RentedNew contract
AED 48,000/yr12 months · AED 30 per sqft
10 Mar 2022RentedNew contract
AED 48,000/yr12 months · AED 30 per sqft
10 Sep 2018SoldReady
AED 800,000AED 498 per sqft
1 Nov 2016RentedNew contract
AED 75,000/yr12 months · AED 47 per sqft
31 Aug 2016SoldReady
AED 910,000AED 566 per sqft
1 Nov 2014RentedNew contract
AED 75,000/yr12 months · AED 47 per sqft
21 May 2014Sold by developerReady
AED 1,043,751AED 650 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
1,606 sqft
Floor
5th of 6
Parking
G-47
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 19,900 /yr
Last sold
AED 800K · September 2018
Building
Mazaya 23

About 503, Mazaya 23

503 is a two-bedroom apartment of 1,606 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 10 September 2018 for AED 800,000, or AED 498 per sqft.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 September 2026, is AED 77,000 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 19,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in Mazaya 23
600K800K1M2009201320172021Typical sale price by year: 2009 AED 775,998; 2014 AED 730,000; 2016 AED 772,500; 2022 AED 651,134Sold by developer, May 2014: AED 1,043,751 (AED 650 per sqft)Sold, August 2016: AED 910,000 (AED 566 per sqft)Sold, September 2018: AED 800,000 (AED 498 per sqft)

503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 503, each contractTypical two-bed in Mazaya 23
40K60K80K2014201820222026Typical rent by year: 2014 AED 70,423; 2015 AED 69,000; 2016 AED 75,000; 2017 AED 69,000; 2018 AED 54,000; 2019 AED 46,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 43,700; 2023 AED 48,750; 2024 AED 52,250; 2025 AED 63,000; 2026 AED 71,000New contract, November 2014: AED 75,000 a yearNew contract, November 2016: AED 75,000 a yearNew contract, March 2022: AED 48,000 a yearNew contract, March 2023: AED 48,000 a yearNew contract, September 2026: AED 77,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 23, and where 503 sits

All 15 2-beds →

Over the last 12 months two-beds sold for AED 850,000, around AED 771 per sqft, and rent for AED 60,000 to 80,000 a year. 503's AED 77,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jan 2026850,000
30 Jun 2025790,000
17 Oct 2024650,000
1 Mar 2024500,000
1 2-bed sale in the last 12 months

Mazaya 23

Building

55 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%
Mazaya 23, Liwan: prices, sales and rents →

Other units on the 5th floor

All 55 units in Mazaya 23
Value
5011-bedAED 610K · May 2014
5023-bedAED 710K · May 2014
5042-bedAED 1.18M · Sep 2014
5053-bedAED 1.1M · Mar 2025
5061-bedAED 550K · Nov 2024
5071-bedAED 400K · Nov 2018
5081-bedAED 550K · Dec 2025

503, Mazaya 23 in numbers

  • Sold 3 times: first on 21 May 2014 for AED 1,043,751, last on 10 September 2018 for AED 800,000 (AED 498 per sqft).
  • Rented since November 2014 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 48,000 in 2023 and recovered to AED 77,000 by September 2026.
  • At AED 77,000 a year the gross yield on the 2018 price is 9.6%, before a service charge of about AED 19,900 a year (AED 12.38 per sqft).
  • Two-beds in Mazaya 23 sold for AED 850,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 809 per sqft.

Source: Dubai Land Department. Updated 1 September 2026.

Questions about 503, Mazaya 23

What did unit 503 last sell for?

AED 800,000 on 10 September 2018: AED 498 per sqft for 1,606 sqft. The unit has 3 registered sales; the first was AED 1,043,751 in May 2014.

What is the rent for unit 503?

AED 77,000 a year on the contract signed on 1 September 2026. The previous contract, from March 2023, was AED 48,000; the unit has been rented since November 2014.

How big is unit 503?

1,606 sqft (149.2 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2013.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 23 sold for AED 850,000 to 850,000 in the last 12 months, around AED 771 per sqft.

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Mortgage on 503, Mazaya 23

Starts from the last sale price (AED 800K, 10 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →