2-bed · 1,115 sqftMazaya 27, Liwan · 5th floor · completed 2013

503, Mazaya 27

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 8 September 2022
Last soldAED 500K3 August 2022
Current rentAED 37K /yr8 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Mazaya 27

What is 503 worth today?

Last sold for AED 500,000 in 2022

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8 Sep 2022RentedNew contract
AED 37,000/yr12 months · AED 33 per sqft
3 Aug 2022SoldReady
AED 500,000AED 448 per sqft
9 Dec 2021RentedNew contract
AED 37,000/yr12 months · AED 33 per sqft
15 Sep 2020RentedNew contract
AED 40,000/yr12 months · AED 36 per sqft
15 Sep 2019RentedNew contract
AED 44,000/yr12 months · AED 39 per sqft
18 Jun 2018RentedNew contract
AED 53,000/yr12 months · AED 47 per sqft
3 May 2016RentedRenewal
AED 65,000/yr12 months · AED 58 per sqft
3 May 2015RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 8 September 2022.

Key facts

Type
2-bed apartment
Size
1,115 sqft
Floor
5th of 5
Parking
G-49
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 12,500 /yr
Last sold
AED 500K · August 2022
Building
Mazaya 27

About 503, Mazaya 27

503 is a two-bedroom apartment of 1,115 sqft on the 5th floor of Mazaya 27, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 3 August 2022 for AED 500,000, or AED 448 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 8 September 2022, is AED 37,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 12,500 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in Mazaya 27
600K800K20092013201720212025Typical sale price by year: 2014 AED 599,500; 2015 AED 808,633; 2016 AED 725,967; 2023 AED 477,500; 2024 AED 565,000Sold by developer, April 2009: AED 764,160 (AED 685 per sqft)Sold, December 2014: AED 764,160 (AED 685 per sqft)Sold, August 2022: AED 500,000 (AED 448 per sqft)

503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 503, each contractTypical two-bed in Mazaya 27
40K60K2014201820222026Typical rent by year: 2014 AED 68,000; 2015 AED 72,000; 2016 AED 70,000; 2017 AED 66,000; 2018 AED 60,000; 2019 AED 47,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 38,400; 2023 AED 50,000; 2024 AED 63,000; 2025 AED 61,000; 2026 AED 60,000New contract, May 2014: AED 65,000 a yearNew contract, May 2015: AED 65,000 a yearRenewal, May 2016: AED 65,000 a yearNew contract, June 2018: AED 53,000 a yearNew contract, September 2019: AED 44,000 a yearNew contract, September 2020: AED 40,000 a yearNew contract, December 2021: AED 37,000 a yearNew contract, September 2022: AED 37,000 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 27, and where 503 sits

All 21 2-beds →

Over the last 12 months two-beds sold for AED 710,000 to 800,000, around AED 676 per sqft, and rent for AED 30,000 to 90,000 a year. 503's AED 37,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Apr 2026710,000
11 Dec 2025800,000
3 Jan 2025860,000
19 Sep 2024585,000
2 2-bed sales in the last 12 months

Mazaya 27

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 7 sold in the last 12 months.

Typical price per sqft
AED 624
Typical sale
AED 520K
Typical rent
AED 54K /yr
Typical yield
9.1%
Mazaya 27, Liwan: prices, sales and rents →

Other units on the 5th floor

All 61 units in Mazaya 27
Value
5013-bedAED 1.1M · Mar 2016
5021-bedAED 508K · Nov 2015
5041-bedAED 400K · Feb 2024
5051-bedAED 495K · Mar 2016
5061-bedAED 331K · Dec 2016
5072-bedAED 485K · Jul 2023
5081-bedAED 431K · Jul 2014
1–7 of 11

503, Mazaya 27 in numbers

  • Sold 3 times: first on 26 April 2009 for AED 764,160, last on 3 August 2022 for AED 500,000 (AED 448 per sqft).
  • Rented since May 2014 on 8 Ejari contracts, from AED 65,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 12,500 a year (AED 11.18 per sqft).
  • Two-beds in Mazaya 27 sold for AED 710,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 624 per sqft.

Source: Dubai Land Department. Updated 8 September 2022.

Questions about 503, Mazaya 27

What did unit 503 last sell for?

AED 500,000 on 3 August 2022: AED 448 per sqft for 1,115 sqft. The unit has 3 registered sales; the first was AED 764,160 in April 2009.

What is the rent for unit 503?

AED 37,000 a year on the contract signed on 8 September 2022. The previous contract, from December 2021, was AED 37,000; the unit has been rented since May 2014.

How big is unit 503?

1,115 sqft (103.6 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2013.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 27 sold for AED 710,000 to 800,000 in the last 12 months, around AED 676 per sqft.

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Mortgage on 503, Mazaya 27

Starts from the last sale price (AED 500K, 3 August 2022). 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 →