507, Mazaya 24
Sold prices and rental history: sold 5 times, last in June 2025, 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 507, Mazaya 24
What is 507 worth today?
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Source: Dubai Land Department. Updated 4 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 571 sqft
- Floor
- 5th of 5
- Parking
- G-25
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 6,900 /yr
- Last sold
- AED 500K · June 2025
- Building
- Mazaya 24
About 507, Mazaya 24
507 is a one-bedroom apartment of 571 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 4 June 2025 for AED 500,000, or AED 875 per sqft, 28% above the AED 685 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 38,500 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 6,900 a year.
Sales and rents for 507 over time
507 has sold 5 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 507 sits
All 45 1-beds →507 last sold in June 2025 at AED 875 per sqft, 28% above what one-beds in Mazaya 24 were fetching at the time (AED 685). 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. 507's AED 38,500 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 | |
| 506 | 1-bed | 562 sqft | AED 500KAED 500,000 · Oct 2015October 2015 | 45,000 /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 |
507, Mazaya 24 in numbers
- Sold 5 times: first on 7 April 2009 for AED 405,501, last on 4 June 2025 for AED 500,000 (AED 875 per sqft).
- Rented since June 2015 on 9 Ejari contracts. The rent fell from AED 48,000 to AED 29,000 in 2022 and recovered to AED 38,500 by June 2024.
- At AED 38,500 a year the gross yield on the 2025 price is 7.7%, before a service charge of about AED 6,900 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 4 June 2025.
Questions about 507, Mazaya 24
What did unit 507 last sell for?
AED 500,000 on 4 June 2025: AED 875 per sqft for 571 sqft. The unit has 5 registered sales; the first was AED 405,501 in April 2009.
What is the rent for unit 507?
AED 38,500 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 35,000; the unit has been rented since June 2015.
How big is unit 507?
571 sqft (53.0 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2014.
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 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 507, Mazaya 24
Starts from the last sale price (AED 500K, 4 June 2025). 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 →