2-bed · 1,096 sqftMazaya 29, Liwan · 5th floor · completed 2013

507, Mazaya 29

Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 26 February 2025
Last soldAED 700K26 February 2025
Current rentAED 38K /yr10 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Mazaya 29

What is 507 worth today?

Last sold for AED 700,000 in 2025

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26 Feb 2025SoldReady
AED 700,000AED 638 per sqft
10 Apr 2021RentedNew contract
AED 38,000/yr12 months · AED 35 per sqft
2 Sep 2020RentedRenewal
AED 45,000/yr12 months · AED 41 per sqft
2 Sep 2019RentedRenewal
AED 45,000/yr12 months · AED 41 per sqft
2 Sep 2018RentedNew contract
AED 52,000/yr12 months · AED 47 per sqft
22 Nov 2016Sold by developerReady
AED 806,283AED 735 per sqft
5 Nov 2016RentedNew contract
AED 52,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 26 February 2025.

Key facts

Type
2-bed apartment
Size
1,096 sqft
Floor
5th of 5
Parking
G-47
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 12,900 /yr
Last sold
AED 700K · February 2025
Building
Mazaya 29

About 507, Mazaya 29

507 is a two-bedroom apartment of 1,096 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 26 February 2025 for AED 700,000, or AED 638 per sqft, 18% above the AED 539 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 10 April 2021, is AED 38,000 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 12,900 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, November 2016: AED 806,283 (AED 735 per sqft)Sold, February 2025: AED 700,000 (AED 638 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 29
40K60K80K20152018202120242027Typical 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, November 2016: AED 52,000 a yearNew contract, September 2018: AED 52,000 a yearRenewal, September 2019: AED 45,000 a yearRenewal, September 2020: AED 45,000 a yearNew contract, April 2021: AED 38,000 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 507 sits

All 21 2-beds →

507 last sold in February 2025 at AED 638 per sqft, 18% above what two-beds in Mazaya 29 were fetching at the time (AED 539). 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. 507's AED 38,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jan 2026750,000
10 Jan 2025925,000
25 Dec 2024431,273
29 Nov 2024600,000
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
5032-bedAED 600K · Nov 2024
5041-bedAED 325K · Aug 2016
5051-bedAED 256K · Jan 2015
5061-bedAED 500K · Nov 2020
5081-bedAED 295K · Nov 2020
1–7 of 11

507, Mazaya 29 in numbers

  • Sold twice: first on 22 November 2016 for AED 806,283, last on 26 February 2025 for AED 700,000 (AED 638 per sqft).
  • Rented since November 2016 on 5 Ejari contracts, from AED 52,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 12,900 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 26 February 2025.

Questions about 507, Mazaya 29

What did unit 507 last sell for?

AED 700,000 on 26 February 2025: AED 638 per sqft for 1,096 sqft. The unit has 2 registered sales; the first was AED 806,283 in November 2016.

What is the rent for unit 507?

AED 38,000 a year on the contract signed on 10 April 2021. The previous contract, from September 2020, was AED 45,000; the unit has been rented since November 2016.

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 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 507, Mazaya 29

Starts from the last sale price (AED 700K, 26 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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