2-bed · 1,115 sqftMazaya 29, Liwan · 5th floor · completed 2013

503, Mazaya 29

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 600K29 November 2024
Current rentAED 85K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Mazaya 29

What is 503 worth today?

Last sold for AED 600,000 in 2024

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1 Dec 2025RentedRenewal
AED 85,000/yr12 months · AED 76 per sqft
1 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 76 per sqft
1 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 76 per sqft
29 Nov 2024SoldReady
AED 600,000AED 538 per sqft
27 May 2023RentedNew contract
AED 44,000/yr12 months · AED 40 per sqft
27 May 2022RentedNew contract
AED 41,000/yr12 months · AED 37 per sqft
1 Mar 2021RentedNew contract
AED 37,000/yr12 months · AED 33 per sqft
1 Oct 2019RentedNew contract
AED 45,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed apartment
Size
1,115 sqft
Floor
5th of 5
Parking
G-46
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 13,200 /yr
Last sold
AED 600K · November 2024
Building
Mazaya 29

About 503, Mazaya 29

503 is a two-bedroom apartment of 1,115 sqft on the 5th floor of Mazaya 29, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 29 November 2024 for AED 600,000, or AED 538 per sqft, in line with the AED 538 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 85,000 a year: a gross yield of 14.2% on the 2024 price, before the service charge of about AED 13,200 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in Mazaya 29
400K600K800K2009201420192024Typical sale price by year: 2009 AED 764,160; 2015 AED 403,495; 2016 AED 806,283; 2018 AED 640,000; 2020 AED 495,000; 2023 AED 557,500; 2024 AED 595,000Sold by developer, August 2016: AED 424,483 (AED 380 per sqft)Sold, November 2024: AED 600,000 (AED 538 per sqft)

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

Rents
Unit 503, each contractTypical two-bed in Mazaya 29
50K75K20152018202120242027Typical rent by year: 2015 AED 74,500; 2016 AED 68,805; 2017 AED 72,500; 2018 AED 58,500; 2019 AED 48,000; 2020 AED 44,000; 2021 AED 37,500; 2022 AED 41,000; 2023 AED 48,000; 2024 AED 60,000; 2025 AED 63,500; 2026 AED 68,000New contract, February 2017: AED 85,000 a yearNew contract, August 2018: AED 55,752 a yearNew contract, October 2019: AED 45,000 a yearNew contract, March 2021: AED 37,000 a yearNew contract, May 2022: AED 41,000 a yearNew contract, May 2023: AED 44,000 a yearNew contract, December 2024: AED 85,000 a yearNew contract, December 2024: AED 85,000 a yearRenewal, December 2025: AED 85,000 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 29, and where 503 sits

All 21 2-beds →

503 last sold in November 2024 at AED 538 per sqft, in line with what two-beds in Mazaya 29 were fetching at the time (AED 538). Over the last 12 months two-beds sold for AED 750,000, around AED 672 per sqft, and rent for AED 58,368 to 85,000 a year. 503's AED 85,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jan 2026750,000
26 Feb 2025700,000
10 Jan 2025925,000
25 Dec 2024431,273
1 2-bed sale in the last 12 months

Mazaya 29

Building

61 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 817
Typical sale
AED 520K
Typical rent
AED 51K /yr
Typical yield
7.4%
Mazaya 29, Liwan: prices, sales and rents →

Other units on the 5th floor

All 61 units in Mazaya 29
Value
5013-bedAED 1.5M · Jan 2026
5021-bedAED 431K · May 2009
5041-bedAED 325K · Aug 2016
5051-bedAED 256K · Jan 2015
5061-bedAED 500K · Nov 2020
5072-bedAED 700K · Feb 2025
5081-bedAED 295K · Nov 2020
1–7 of 11

503, Mazaya 29 in numbers

  • Sold twice: first on 17 August 2016 for AED 424,483, last on 29 November 2024 for AED 600,000 (AED 538 per sqft).
  • Rented since February 2017 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 37,000 in 2021 and recovered to AED 85,000 by December 2025.
  • At AED 85,000 a year the gross yield on the 2024 price is 14.2%, before a service charge of about AED 13,200 a year (AED 11.82 per sqft).
  • Two-beds in Mazaya 29 sold for AED 750,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 817 per sqft.

Source: Dubai Land Department. Updated 1 December 2025.

Questions about 503, Mazaya 29

What did unit 503 last sell for?

AED 600,000 on 29 November 2024: AED 538 per sqft for 1,115 sqft. The unit has 2 registered sales; the first was AED 424,483 in August 2016.

What is the rent for unit 503?

AED 85,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 85,000; the unit has been rented since February 2017.

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 29 sold for AED 750,000 to 750,000 in the last 12 months, around AED 672 per sqft.

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Mortgage on 503, Mazaya 29

Starts from the last sale price (AED 600K, 29 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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