508, Mazaya 24
Sold prices and rental history: sold twice, last in June 2024, 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 508, Mazaya 24
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,054 sqft
- Floor
- 5th of 5
- Parking
- G-63
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,700 /yr
- Last sold
- AED 665K · June 2024
- Building
- Mazaya 24
About 508, Mazaya 24
508 is a two-bedroom apartment of 1,054 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 12 June 2024 for AED 665,000, or AED 630 per sqft.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 1 May 2026, is AED 66,000 a year: a gross yield of 9.9% on the 2024 price, before the service charge of about AED 12,700 a year.
Sales and rents for 508 over time
508 has sold twice; 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 508 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. 508's AED 66,000 is at the top 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 | |
| 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 | |
| 507 | 1-bed | 571 sqft | AED 500KAED 500,000 · Jun 2025June 2025 | 38,500 /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 |
508, Mazaya 24 in numbers
- Sold twice: first on 31 May 2009 for AED 773,053, last on 12 June 2024 for AED 665,000 (AED 630 per sqft).
- Rented since April 2015 on 12 Ejari contracts. The rent fell from AED 70,000 to AED 30,000 in 2022 and recovered to AED 66,000 by May 2026.
- At AED 66,000 a year the gross yield on the 2024 price is 9.9%, before a service charge of about AED 12,700 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 1 May 2026.
Questions about 508, Mazaya 24
What did unit 508 last sell for?
AED 665,000 on 12 June 2024: AED 630 per sqft for 1,054 sqft. The unit has 2 registered sales; the first was AED 773,053 in May 2009.
What is the rent for unit 508?
AED 66,000 a year on the contract signed on 1 May 2026. The previous contract, from May 2025, was AED 70,000; the unit has been rented since April 2015.
How big is unit 508?
1,054 sqft (97.9 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2014.
What is unit 508 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 508, Mazaya 24
Starts from the last sale price (AED 665K, 12 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 665,000
- Deposit, UAE resident (20%)
- AED 133,000
- Deposit, non-resident (40%)
- AED 266,000
- Monthly over 25 years at 3.7%
- AED 2,721
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →