505, Mazaya 24
Sold prices and rental history: sold 3 times, last in December 2020, 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 505, Mazaya 24
What is 505 worth today?
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Source: Dubai Land Department. Updated 15 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,045 sqft
- Floor
- 5th of 5
- Parking
- G-61
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,600 /yr
- Last sold
- AED 499K · December 2020
- Building
- Mazaya 24
About 505, Mazaya 24
505 is a two-bedroom apartment of 1,045 sqft on the 5th floor of Mazaya 24, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 27 December 2020 for AED 499,000, or AED 477 per sqft.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 15 February 2025, is AED 65,000 a year: a gross yield of 13.0% on the 2020 price, before the service charge of about AED 12,600 a year.
Sales and rents for 505 over time
505 has sold 3 times; 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 24, and where 505 sits
All 20 2-beds →Over the last 12 months two-beds sold for AED 800,000 to 860,000, around AED 797 per sqft, and rent for AED 35,000 to 66,000 a year. 505's AED 65,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Oct 202613 October 2026 | 1,053 sqft | 860,000 | 816 | ||
| 8 May 20268 May 2026 | 1,053 sqft | 840,000 | 797 | ||
| 20 Feb 202620 February 2026 | 1,053 sqft | 800,000 | 759 | ||
| 19 Nov 202419 November 2024 | 1,054 sqft | 675,000 | 640 |
Mazaya 24
Building65 apartments, 1-bed to 2-bed over 5 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.
- Typical price per sqft
- AED 804
- Typical sale
- AED 575K
- Typical rent
- AED 48K /yr
- Typical yield
- 9.2%
Other units on the 5th floor
All 65 units in Mazaya 24| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,043 sqft | AED 485KAED 485,000 · Apr 2022April 2022 | 35,000 /yr | |
| 502 | 1-bed | 731 sqft | AED 355KAED 355,000 · Apr 2022April 2022 | 36,000 /yr | |
| 503 | 1-bed | 358 sqft | AED 175KAED 175,000 · May 2023May 2023 | 39,000 /yr | |
| 504 | 1-bed | 725 sqft | AED 523KAED 523,466 · Feb 2009February 2009 | 47,000 /yr | |
| 506 | 1-bed | 562 sqft | AED 500KAED 500,000 · Oct 2015October 2015 | 45,000 /yr | |
| 507 | 1-bed | 571 sqft | AED 500KAED 500,000 · Jun 2025June 2025 | 38,500 /yr | |
| 508 | 2-bed | 1,054 sqft | AED 665KAED 665,000 · Jun 2024June 2024 | 66,000 /yr | |
| 509 | 1-bed | 930 sqft | No registered sale | ||
| 510 | 1-bed | 930 sqft | AED 640KAED 640,000 · Mar 2026March 2026 | 82,000 /yr | |
| 511 | 2-bed | 1,053 sqft | AED 550KAED 550,000 · May 2023May 2023 | 52,000 /yr | |
| 512 | 1-bed | 572 sqft | AED 480KAED 479,951 · Jun 2014June 2014 | 48,000 /yr | |
| 513 | 1-bed | 564 sqft | AED 300KAED 300,000 · Nov 2023November 2023 | 60,000 /yr |
505, Mazaya 24 in numbers
- Sold 3 times: first on 7 April 2009 for AED 909,850, last on 27 December 2020 for AED 499,000 (AED 477 per sqft).
- Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 35,000 in 2022 and recovered to AED 65,000 by February 2025.
- At AED 65,000 a year the gross yield on the 2020 price is 13.0%, before a service charge of about AED 12,600 a year (AED 12.09 per sqft).
- Two-beds in Mazaya 24 sold for AED 800,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 804 per sqft.
Source: Dubai Land Department. Updated 15 February 2025.
Questions about 505, Mazaya 24
What did unit 505 last sell for?
AED 499,000 on 27 December 2020: AED 477 per sqft for 1,045 sqft. The unit has 3 registered sales; the first was AED 909,850 in April 2009.
What is the rent for unit 505?
AED 65,000 a year on the contract signed on 15 February 2025. The previous contract, from February 2025, was AED 65,000; the unit has been rented since February 2015.
How big is unit 505?
1,045 sqft (97.1 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2014.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 24 sold for AED 800,000 to 860,000 in the last 12 months, around AED 797 per sqft.
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Mortgage on 505, Mazaya 24
Starts from the last sale price (AED 499K, 27 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 499,000
- Deposit, UAE resident (20%)
- AED 99,800
- Deposit, non-resident (40%)
- AED 199,600
- Monthly over 25 years at 3.7%
- AED 2,042
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →