507, Mazaya 23
Sold prices and rental history: sold 4 times, last in November 2018, 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 507, Mazaya 23
What is 507 worth today?
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Source: Dubai Land Department. Updated 10 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 618 sqft
- Floor
- 5th of 6
- Parking
- G-16
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 7,700 /yr
- Last sold
- AED 400K · November 2018
- Building
- Mazaya 23
About 507, Mazaya 23
507 is a one-bedroom apartment of 618 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 12 November 2018 for AED 400,000, or AED 647 per sqft, 9% below the AED 710 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 10 April 2026, is AED 38,325 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 7,700 a year.
Sales and rents for 507 over time
507 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 23, and where 507 sits
All 37 1-beds →507 last sold in November 2018 at AED 647 per sqft, 9% below what one-beds in Mazaya 23 were fetching at the time (AED 710). Over the last 12 months one-beds sold for AED 510,000 to 650,000, around AED 846 per sqft, and rent for AED 38,325 to 60,000 a year. 507's AED 38,325 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 579 sqft | 510,000 | 881 | ||
| 5 Aug 20265 August 2026 | 1,066 sqft | 650,000 | 609 | ||
| 26 Feb 202626 February 2026 | 620 sqft | 525,000 | 846 | ||
| 19 Feb 202619 February 2026 | 816 sqft | 620,000 | 759 |
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 | |
| 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 | |
| 508 | 1-bed | 611 sqft | AED 550KAED 550,000 · Dec 2025December 2025 | 50,000 /yr |
507, Mazaya 23 in numbers
- Sold 4 times: first on 19 February 2009 for AED 452,401, last on 12 November 2018 for AED 400,000 (AED 647 per sqft).
- Rented since December 2016 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 24,000 in 2021 and recovered to AED 38,325 by April 2026.
- At AED 38,325 a year the gross yield on the 2018 price is 9.6%, before a service charge of about AED 7,700 a year (AED 12.38 per sqft).
- One-beds in Mazaya 23 sold for AED 510,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 809 per sqft.
Source: Dubai Land Department. Updated 10 April 2026.
Questions about 507, Mazaya 23
What did unit 507 last sell for?
AED 400,000 on 12 November 2018: AED 647 per sqft for 618 sqft. The unit has 4 registered sales; the first was AED 452,401 in February 2009.
What is the rent for unit 507?
AED 38,325 a year on the contract renewed on 10 April 2026. The previous contract, from April 2025, was AED 36,500; the unit has been rented since December 2016.
How big is unit 507?
618 sqft (57.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2013.
What is unit 507 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 23 sold for AED 510,000 to 650,000 in the last 12 months, around AED 846 per sqft.
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Mortgage on 507, Mazaya 23
Starts from the last sale price (AED 400K, 12 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →