506, Mazaya 24
Sold prices and rental history: sold 3 times, last in October 2015, 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 506, Mazaya 24
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 562 sqft
- Floor
- 5th of 5
- Parking
- G-15
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 6,800 /yr
- Last sold
- AED 500K · October 2015
- Building
- Mazaya 24
About 506, Mazaya 24
506 is a one-bedroom apartment of 562 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 20 October 2015 for AED 500,000, or AED 889 per sqft, 28% above the AED 694 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 November 2026, is AED 45,000 a year: a gross yield of 9.0% on the 2015 price, before the service charge of about AED 6,800 a year.
Sales and rents for 506 over time
506 has sold 3 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 24, and where 506 sits
All 45 1-beds →506 last sold in October 2015 at AED 889 per sqft, 28% above what one-beds in Mazaya 24 were fetching at the time (AED 694). Over the last 12 months one-beds sold for AED 425,444 to 640,000, around AED 810 per sqft, and rent for AED 33,000 to 82,000 a year. 506's AED 45,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202610 July 2026 | 565 sqft | 500,000 | 884 | ||
| 26 Jun 202626 June 2026 | 728 sqft | 590,000 | 810 | ||
| 3 Mar 20263 March 2026 | 930 sqft | 640,000 | 688 | ||
| 17 Feb 202617 February 2026 | 720 sqft | 425,444 | 590 |
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 | |
| 505 | 2-bed | 1,045 sqft | AED 499KAED 499,000 · Dec 2020December 2020 | 65,000 /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 |
506, Mazaya 24 in numbers
- Sold 3 times: first on 9 February 2009 for AED 405,501, last on 20 October 2015 for AED 500,000 (AED 889 per sqft).
- Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 52,000 to AED 23,000 in 2020 and recovered to AED 45,000 by November 2026.
- At AED 45,000 a year the gross yield on the 2015 price is 9.0%, before a service charge of about AED 6,800 a year (AED 12.09 per sqft).
- One-beds in Mazaya 24 sold for AED 425,444–640,000 in the 12 months to November 2026; the building's median across all types is AED 804 per sqft.
Source: Dubai Land Department. Updated 1 November 2026.
Questions about 506, Mazaya 24
What did unit 506 last sell for?
AED 500,000 on 20 October 2015: AED 889 per sqft for 562 sqft. The unit has 3 registered sales; the first was AED 405,501 in February 2009.
What is the rent for unit 506?
AED 45,000 a year on the contract signed on 1 November 2026. The previous contract, from September 2025, was AED 33,000; the unit has been rented since October 2015.
How big is unit 506?
562 sqft (52.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2014.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 24 sold for AED 425,444 to 640,000 in the last 12 months, around AED 810 per sqft.
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Mortgage on 506, Mazaya 24
Starts from the last sale price (AED 500K, 20 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →