505, Mazaya 28
Sold prices and rental history: sold twice, last in May 2023, 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 505, Mazaya 28
What is 505 worth today?
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Source: Dubai Land Department. Updated 10 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 833 sqft
- Floor
- 5th of 5
- Parking
- G-20
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 9,700 /yr
- Last sold
- AED 320K · May 2023
- Building
- Mazaya 28
About 505, Mazaya 28
505 is a one-bedroom apartment of 833 sqft on the 5th floor of Mazaya 28, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 10 May 2023 for AED 320,000, or AED 384 per sqft.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 10 June 2022, is AED 24,000 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 9,700 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 28, and where 505 sits
All 36 1-beds →Over the last 12 months one-beds sold for AED 520,000 to 563,000, around AED 624 per sqft, and rent for AED 29,500 to 54,000 a year. 505's AED 24,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20264 September 2026 | 833 sqft | 563,000 | 675 | ||
| 7 Apr 20267 April 2026 | 833 sqft | 520,000 | 624 | ||
| 7 Apr 20267 April 2026 | 833 sqft | 520,000 | 624 | ||
| 8 Oct 20258 October 2025 | 889 sqft | 565,000 | 635 |
Mazaya 28
Building61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 5 sold in the last 12 months.
- Typical price per sqft
- AED 642
- Typical sale
- AED 563K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.9%
Other units on the 5th floor
All 61 units in Mazaya 28| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,746 sqft | AED 1.12MAED 1,120,000 · Apr 2025April 2025 | 90,000 /yr | |
| 502 | 1-bed | 628 sqft | AED 449KAED 449,000 · Apr 2009April 2009 | 44,000 /yr | |
| 503 | 2-bed | 1,115 sqft | AED 725KAED 725,000 · Jul 2025July 2025 | 52,000 /yr | |
| 504 | 1-bed | 856 sqft | AED 616KAED 615,706 · Apr 2009April 2009 | 24,000 /yr | |
| 506 | 1-bed | 845 sqft | AED 400KAED 400,000 · Apr 2024April 2024 | 42,000 /yr | |
| 507 | 2-bed | 1,096 sqft | AED 790KAED 790,152 · Oct 2014October 2014 | 62,000 /yr | |
| 508 | 1-bed | 628 sqft | AED 480KAED 480,000 · Mar 2025March 2025 | 25,000 /yr | |
| 509 | 1-bed | 630 sqft | AED 442KAED 441,987 · Jun 2014June 2014 | 44,000 /yr | |
| 510 | 2-bed | 1,117 sqft | AED 510KAED 510,000 · Nov 2022November 2022 | 60,000 /yr | |
| 511 | 1-bed | 889 sqft | AED 385KAED 385,000 · Apr 2022April 2022 | 32,000 /yr | |
| 512 | 2-bed | 1,714 sqft | AED 496KAED 496,250 · Jun 2017June 2017 |
505, Mazaya 28 in numbers
- Sold twice: first on 27 April 2009 for AED 578,549, last on 10 May 2023 for AED 320,000 (AED 384 per sqft).
- Rented since February 2015 on 8 Ejari contracts, from AED 60,000 to AED 24,000 a year.
- At AED 24,000 a year the gross yield on the 2023 price is 7.5%, before a service charge of about AED 9,700 a year (AED 11.63 per sqft).
- One-beds in Mazaya 28 sold for AED 520,000–563,000 in the 12 months to November 2026; the building's median across all types is AED 642 per sqft.
Source: Dubai Land Department. Updated 10 May 2023.
Questions about 505, Mazaya 28
What did unit 505 last sell for?
AED 320,000 on 10 May 2023: AED 384 per sqft for 833 sqft. The unit has 2 registered sales; the first was AED 578,549 in April 2009.
What is the rent for unit 505?
AED 24,000 a year on the contract signed on 10 June 2022. The previous contract, from June 2021, was AED 28,000; the unit has been rented since February 2015.
How big is unit 505?
833 sqft (77.4 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2013.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 28 sold for AED 520,000 to 563,000 in the last 12 months, around AED 624 per sqft.
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Mortgage on 505, Mazaya 28
Starts from the last sale price (AED 320K, 10 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 320,000
- Deposit, UAE resident (20%)
- AED 64,000
- Deposit, non-resident (40%)
- AED 128,000
- Monthly over 25 years at 3.7%
- AED 1,309
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →