3-bed · 1,746 sqftMazaya 23, Liwan · 5th floor · completed 2013

505, Mazaya 23

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 1.1M20 March 2025
Current rentAED 21K /yr7 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Mazaya 23

What is 505 worth today?

Last sold for AED 1,100,000 in 2025

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20 Mar 2025SoldReady
AED 1,100,000AED 629 per sqft
7 Jun 2024RentedRenewal · flagged as an outlier
AED 20,539/yr17 months · AED 12 per sqft
7 Jun 2023RentedRenewal
AED 59,400/yr12 months · AED 34 per sqft
7 Jun 2022RentedNew contract
AED 54,000/yr12 months · AED 31 per sqft
7 Jun 2020RentedNew contract
AED 54,000/yr12 months · AED 31 per sqft
1 Oct 2016RentedNew contract
AED 85,000/yr12 months · AED 49 per sqft
26 Jul 2015Sold by developerReady
AED 1,257,221AED 720 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
3-bed apartment
Size
1,746 sqft
Floor
5th of 6
Parking
G-44
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 21,600 /yr
Last sold
AED 1.1M · March 2025
Building
Mazaya 23

About 505, Mazaya 23

505 is a three-bedroom apartment of 1,746 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 20 March 2025 for AED 1,100,000, or AED 629 per sqft.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 7 June 2024, is AED 20,539 a year: a gross yield of 1.9% on the 2025 price, before the service charge of about AED 21,600 a year.

3-beds in Mazaya 23, and where 505 sits

All 3 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
5 Aug 2014699,195
13 May 2014710,076
9 Apr 20091,420,151
0 3-bed sales 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
5032-bedAED 800K · Sep 2018
5042-bedAED 1.18M · Sep 2014
5061-bedAED 550K · Nov 2024
5071-bedAED 400K · Nov 2018
5081-bedAED 550K · Dec 2025

505, Mazaya 23 in numbers

  • Sold twice: first on 26 July 2015 for AED 1,257,221, last on 20 March 2025 for AED 1,100,000 (AED 629 per sqft).
  • Rented since October 2016 on 5 Ejari contracts, from AED 85,000 to AED 20,539 a year.
  • At AED 20,539 a year the gross yield on the 2025 price is 1.9%, before a service charge of about AED 21,600 a year (AED 12.38 per sqft).

Source: Dubai Land Department. Updated 20 March 2025.

Questions about 505, Mazaya 23

What did unit 505 last sell for?

AED 1,100,000 on 20 March 2025: AED 629 per sqft for 1,746 sqft. The unit has 2 registered sales; the first was AED 1,257,221 in July 2015.

What is the rent for unit 505?

AED 20,539 a year on the contract renewed on 7 June 2024. The previous contract, from June 2023, was AED 59,400; the unit has been rented since October 2016.

How big is unit 505?

1,746 sqft (162.2 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2013.

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 23

Starts from the last sale price (AED 1.1M, 20 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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