2-bed · 1,461 sqftMazaya 26, Liwan · 5th floor · completed 2017

509, Mazaya 26

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 730K29 October 2017
Current rentAED 84K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Mazaya 26

What is 509 worth today?

Last sold for AED 730,284 in 2017

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15 Jan 2025RentedNew contract
AED 84,000/yr12 months · AED 58 per sqft
15 Jan 2025RentedNew contract
AED 84,000/yr12 months · AED 58 per sqft
1 Jan 2024RentedNew contract
AED 59,000/yr12 months · AED 40 per sqft
1 Jan 2021RentedNew contract
AED 54,000/yr12 months · AED 37 per sqft
1 Jan 2020RentedNew contract
AED 60,000/yr12 months · AED 41 per sqft
1 Jan 2018RentedNew contract
AED 73,000/yr12 months · AED 50 per sqft
29 Oct 2017Sold by developerOff-plan
AED 730,284AED 500 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
2-bed apartment
Size
1,461 sqft
Floor
5th of 9
Parking
G-98
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2017
Service charge
AED 17,000 /yr
Last sold
AED 730K · October 2017
Building
Mazaya 26

About 509, Mazaya 26

509 is a two-bedroom apartment of 1,461 sqft on the 5th floor of Mazaya 26, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 29 October 2017 for AED 730,284, or AED 500 per sqft, in line with the AED 500 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 15 January 2025, is AED 84,000 a year: a gross yield of 11.5% on the 2017 price, before the service charge of about AED 17,000 a year.

Sales and rents for 509 over time

Rents
Unit 509, each contractTypical two-bed in Mazaya 26
60K80K2018202120242027Typical rent by year: 2018 AED 73,000; 2019 AED 68,000; 2020 AED 60,000; 2021 AED 54,000; 2022 AED 55,000; 2023 AED 58,500; 2024 AED 61,000; 2025 AED 64,000; 2026 AED 67,000New contract, January 2018: AED 73,000 a yearNew contract, January 2020: AED 60,000 a yearNew contract, January 2021: AED 54,000 a yearNew contract, January 2024: AED 59,000 a yearNew contract, January 2025: AED 84,000 a yearNew contract, January 2025: AED 84,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 26, and where 509 sits

All 18 2-beds →

509 last sold in October 2017 at AED 500 per sqft, in line with what two-beds in Mazaya 26 were fetching at the time (AED 500). 509's AED 84,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Oct 2017730,929
31 Oct 2017730,230
31 Oct 2017730,284
31 Oct 2017730,983
0 2-bed sales in the last 12 months

Mazaya 26

Building

99 apartments, studios to 2-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 48K /yr
Typical yield
Mazaya 26, Liwan: prices, sales and rents →

Other units on the 5th floor

All 99 units in Mazaya 26
Value
5011-bedAED 476K · Oct 2017
5021-bedAED 430K · Oct 2017
5031-bedAED 421K · Oct 2017
504StudioAED 319K · Oct 2017
5051-bedAED 398K · Oct 2017
5061-bedAED 408K · Oct 2017
5071-bedAED 455K · Oct 2017
1–7 of 10

509, Mazaya 26 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 29 October 2017 for AED 730,284, or AED 500 per sqft.
  • Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 73,000 to AED 54,000 in 2021 and recovered to AED 84,000 by January 2025.
  • At AED 84,000 a year the gross yield on the 2017 price is 11.5%, before a service charge of about AED 17,000 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 15 January 2025.

Questions about 509, Mazaya 26

What did unit 509 last sell for?

AED 730,284 on 29 October 2017, sold by the developer: AED 500 per sqft for 1,461 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 84,000 a year on the contract signed on 15 January 2025. The previous contract, from January 2025, was AED 84,000; the unit has been rented since January 2018.

How big is unit 509?

1,461 sqft (135.7 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 509, Mazaya 26

Starts from the last sale price (AED 730K, 29 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 730,284
Deposit, UAE resident (20%)
AED 146,057
Deposit, non-resident (40%)
AED 292,114
Monthly over 25 years at 3.7%
AED 2,988

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