1-bed · 572 sqftMazaya 24, Liwan · 5th floor · completed 2014

512, Mazaya 24

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 16 March 2026
Last soldAED 480K1 June 2014
Current rentAED 48K /yr16 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Mazaya 24

What is 512 worth today?

Last sold for AED 479,951 in 2014

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16 Mar 2026RentedRenewal
AED 48,000/yr12 months · AED 84 per sqft
16 Mar 2025RentedNew contract
AED 48,000/yr12 months · AED 84 per sqft
27 Feb 2024RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft
7 Feb 2023RentedNew contract
AED 30,000/yr12 months · AED 52 per sqft
7 Feb 2022RentedNew contract
AED 24,000/yr12 months · AED 42 per sqft
25 Jan 2021RentedNew contract
AED 22,000/yr12 months · AED 38 per sqft
15 Dec 2019RentedNew contract
AED 30,000/yr12 months · AED 53 per sqft
25 Nov 2018RentedNew contract
AED 36,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 16 March 2026.

Key facts

Type
1-bed apartment
Size
572 sqft
Floor
5th of 5
Parking
G-24
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 480K · June 2014
Building
Mazaya 24

About 512, Mazaya 24

512 is a one-bedroom apartment of 572 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 1 June 2014 for AED 479,951, or AED 838 per sqft, in line with the AED 838 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 16 March 2026, is AED 48,000 a year: a gross yield of 10.0% on the 2014 price, before the service charge of about AED 6,900 a year.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical one-bed in Mazaya 24
400K2009201420192024Typical sale price by year: 2009 AED 423,391; 2014 AED 479,171; 2015 AED 489,196; 2016 AED 445,000; 2017 AED 418,695; 2022 AED 330,000; 2023 AED 313,750; 2024 AED 370,000; 2026 AED 550,000Sold by developer, March 2009: AED 429,951 (AED 751 per sqft)Sold, June 2014: AED 479,951 (AED 838 per sqft)

512 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 512, each contractTypical one-bed in Mazaya 24
20K40K20152018202120242027Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 43,000; 2018 AED 40,250; 2019 AED 33,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 33,000; 2024 AED 38,500; 2025 AED 43,000; 2026 AED 47,500New contract, November 2016: AED 45,000 a yearNew contract, November 2018: AED 36,000 a yearNew contract, December 2019: AED 30,000 a yearNew contract, January 2021: AED 22,000 a yearNew contract, February 2022: AED 24,000 a yearNew contract, February 2023: AED 30,000 a yearNew contract, February 2024: AED 40,000 a yearNew contract, March 2025: AED 48,000 a yearRenewal, March 2026: AED 48,000 a year

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 512 sits

All 45 1-beds →

512 last sold in June 2014 at AED 838 per sqft, in line with what one-beds in Mazaya 24 were fetching at the time (AED 838). 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. 512's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Jul 2026500,000
26 Jun 2026590,000
3 Mar 2026640,000
17 Feb 2026425,444
7 1-bed sales in the last 12 months

Mazaya 24

Building

65 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%
Mazaya 24, Liwan: prices, sales and rents →

Other units on the 5th floor

All 65 units in Mazaya 24
Value
5012-bedAED 485K · Apr 2022
5021-bedAED 355K · Apr 2022
5031-bedAED 175K · May 2023
5041-bedAED 523K · Feb 2009
5052-bedAED 499K · Dec 2020
5061-bedAED 500K · Oct 2015
5071-bedAED 500K · Jun 2025
1–7 of 12

512, Mazaya 24 in numbers

  • Sold twice: first on 10 March 2009 for AED 429,951, last on 1 June 2014 for AED 479,951 (AED 838 per sqft).
  • Rented since November 2016 on 9 Ejari contracts. The rent fell from AED 45,000 to AED 22,000 in 2021 and recovered to AED 48,000 by March 2026.
  • At AED 48,000 a year the gross yield on the 2014 price is 10.0%, 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 16 March 2026.

Questions about 512, Mazaya 24

What did unit 512 last sell for?

AED 479,951 on 1 June 2014: AED 838 per sqft for 572 sqft. The unit has 2 registered sales; the first was AED 429,951 in March 2009.

What is the rent for unit 512?

AED 48,000 a year on the contract renewed on 16 March 2026. The previous contract, from March 2025, was AED 48,000; the unit has been rented since November 2016.

How big is unit 512?

572 sqft (53.1 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2014.

What is unit 512 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 512, Mazaya 24

Starts from the last sale price (AED 480K, 1 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 479,951
Deposit, UAE resident (20%)
AED 95,990
Deposit, non-resident (40%)
AED 191,980
Monthly over 25 years at 3.7%
AED 1,964

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →