504, Mazaya 23
Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Mazaya 23
What is 504 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,604 sqft
- Floor
- 5th of 6
- Parking
- G-56
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 19,900 /yr
- Last sold
- AED 1.18M · September 2014
- Building
- Mazaya 23
About 504, Mazaya 23
504 is a two-bedroom apartment of 1,604 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 22 September 2014 for AED 1,179,308, or AED 735 per sqft, 13% above the AED 650 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, signed on 1 May 2026, is AED 80,000 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 19,900 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 23, and where 504 sits
All 15 2-beds →504 last sold in September 2014 at AED 735 per sqft, 13% above what two-beds in Mazaya 23 were fetching at the time (AED 650). 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. 504's AED 80,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jan 20262 January 2026 | 1,102 sqft | 850,000 | 771 | ||
| 30 Jun 202530 June 2025 | 1,086 sqft | 790,000 | 727 | ||
| 17 Oct 202417 October 2024 | 1,086 sqft | 650,000 | 598 | ||
| 1 Mar 20241 March 2024 | 1,013 sqft | 500,000 | 493 |
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 | |
| 502 | 3-bed | 1,738 sqft | AED 710KAED 710,076 · May 2014May 2014 | 71,500 /yr | |
| 503 | 2-bed | 1,606 sqft | AED 800KAED 800,000 · Sep 2018September 2018 | 77,000 /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 |
504, Mazaya 23 in numbers
- Sold twice: first on 7 August 2014 for AED 1,090,462, last on 22 September 2014 for AED 1,179,308 (AED 735 per sqft).
- Rented since July 2016 on 12 Ejari contracts. The rent fell from AED 85,000 to AED 52,000 in 2021 and recovered to AED 80,000 by May 2026.
- At AED 80,000 a year the gross yield on the 2014 price is 6.8%, 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 May 2026.
Questions about 504, Mazaya 23
What did unit 504 last sell for?
AED 1,179,308 on 22 September 2014: AED 735 per sqft for 1,604 sqft. The unit has 2 registered sales; the first was AED 1,090,462 in August 2014.
What is the rent for unit 504?
AED 80,000 a year on the contract signed on 1 May 2026. The previous contract, from July 2025, was AED 80,000; the unit has been rented since July 2016.
How big is unit 504?
1,604 sqft (149.0 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2013.
What is unit 504 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 504, Mazaya 23
Starts from the last sale price (AED 1.18M, 22 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,179,308
- Deposit, UAE resident (20%)
- AED 235,862
- Deposit, non-resident (40%)
- AED 471,723
- Monthly over 25 years at 3.7%
- AED 4,825
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →