2-bed · 1,096 sqftMazaya 27, Liwan · 5th floor · completed 2013

507, Mazaya 27

Sold prices and rental history: sold twice, last in July 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 12 July 2023
Last soldAED 485K12 July 2023
Current rentAED 58K /yr21 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Mazaya 27

What is 507 worth today?

Last sold for AED 485,000 in 2023

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12 Jul 2023SoldReady
AED 485,000AED 442 per sqft
21 Feb 2018RentedNew contract
AED 58,000/yr12 months · AED 53 per sqft
5 Jan 2017RentedNew contract
AED 68,000/yr12 months · AED 62 per sqft
14 Nov 2016Sold by developerReady
AED 402,964AED 367 per sqft

Source: Dubai Land Department. Updated 12 July 2023.

Key facts

Type
2-bed apartment
Size
1,096 sqft
Floor
5th of 5
Parking
G-46
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 12,200 /yr
Last sold
AED 485K · July 2023
Building
Mazaya 27

About 507, Mazaya 27

507 is a two-bedroom apartment of 1,096 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 12 July 2023 for AED 485,000, or AED 442 per sqft, 10% above the AED 402 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 21 February 2018, is AED 58,000 a year: a gross yield of 12.0% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Mazaya 27
400K600K800K2014201720202023Typical 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, November 2016: AED 402,964 (AED 367 per sqft)Sold, July 2023: AED 485,000 (AED 442 per sqft)

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

Rents
Unit 507, 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, January 2017: AED 68,000 a yearNew contract, February 2018: AED 58,000 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 507 sits

All 21 2-beds →

507 last sold in July 2023 at AED 442 per sqft, 10% above what two-beds in Mazaya 27 were fetching at the time (AED 402). 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. 507's AED 58,000 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
5032-bedAED 500K · Aug 2022
5041-bedAED 400K · Feb 2024
5051-bedAED 495K · Mar 2016
5061-bedAED 331K · Dec 2016
5081-bedAED 431K · Jul 2014
1–7 of 11

507, Mazaya 27 in numbers

  • Sold twice: first on 14 November 2016 for AED 402,964, last on 12 July 2023 for AED 485,000 (AED 442 per sqft).
  • Rented since January 2017 on 2 Ejari contracts, from AED 68,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2023 price is 12.0%, before a service charge of about AED 12,200 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 12 July 2023.

Questions about 507, Mazaya 27

What did unit 507 last sell for?

AED 485,000 on 12 July 2023: AED 442 per sqft for 1,096 sqft. The unit has 2 registered sales; the first was AED 402,964 in November 2016.

What is the rent for unit 507?

AED 58,000 a year on the contract signed on 21 February 2018. The previous contract, from January 2017, was AED 68,000.

How big is unit 507?

1,096 sqft (101.8 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2013.

What is unit 507 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 507, Mazaya 27

Starts from the last sale price (AED 485K, 12 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

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