508, Mazaya 29
Sold prices and rental history: sold twice, last in November 2020, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Mazaya 29
What is 508 worth today?
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Source: Dubai Land Department. Updated 3 November 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 628 sqft
- Floor
- 5th of 5
- Parking
- G-28
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 7,400 /yr
- Last sold
- AED 295K · November 2020
- Building
- Mazaya 29
About 508, Mazaya 29
508 is a one-bedroom apartment of 628 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 3 November 2020 for AED 295,000, or AED 469 per sqft, 9% below the AED 516 one-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 15 April 2019, is AED 30,000 a year: a gross yield of 10.2% on the 2020 price, before the service charge of about AED 7,400 a year.
Sales and rents for 508 over time
508 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 29, and where 508 sits
All 36 1-beds →508 last sold in November 2020 at AED 469 per sqft, 9% below what one-beds in Mazaya 29 were fetching at the time (AED 516). Over the last 12 months one-beds sold for AED 509,160 to 520,000, around AED 817 per sqft, and rent for AED 36,300 to 64,000 a year. 508's AED 30,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 856 sqft | 509,160 | 595 | ||
| 18 Mar 202618 March 2026 | 630 sqft | 515,000 | 817 | ||
| 4 Feb 20264 February 2026 | 636 sqft | 520,000 | 817 | ||
| 18 Jul 202518 July 2025 | 889 sqft | 750,000 | 843 |
Mazaya 29
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 817
- Typical sale
- AED 520K
- Typical rent
- AED 51K /yr
- Typical yield
- 7.4%
Other units on the 5th floor
All 61 units in Mazaya 29| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,746 sqft | AED 1.5MAED 1,500,000 · Jan 2026January 2026 | 90,000 /yr | |
| 502 | 1-bed | 628 sqft | AED 431KAED 430,997 · May 2009May 2009 | 45,000 /yr | |
| 503 | 2-bed | 1,115 sqft | AED 600KAED 600,000 · Nov 2024November 2024 | 85,000 /yr | |
| 504 | 1-bed | 856 sqft | AED 325KAED 324,957 · Aug 2016August 2016 | 55,000 /yr | |
| 505 | 1-bed | 833 sqft | AED 256KAED 255,882 · Jan 2015January 2015 | 46,500 /yr | |
| 506 | 1-bed | 845 sqft | AED 500KAED 500,000 · Nov 2020November 2020 | 36,300 /yr | |
| 507 | 2-bed | 1,096 sqft | AED 700KAED 700,000 · Feb 2025February 2025 | 38,000 /yr | |
| 509 | 1-bed | 630 sqft | AED 515KAED 515,000 · Mar 2026March 2026 | 48,000 /yr | |
| 510 | 2-bed | 1,117 sqft | AED 920KAED 919,595 · Nov 2017November 2017 | 62,000 /yr | |
| 511 | 1-bed | 889 sqft | AED 500KAED 500,000 · Nov 2020November 2020 | 50,000 /yr | |
| 512 | 2-bed | 1,714 sqft | AED 523KAED 522,500 · Jul 2017July 2017 | 82,000 /yr |
508, Mazaya 29 in numbers
- Sold twice: first on 17 August 2016 for AED 423,504, last on 3 November 2020 for AED 295,000 (AED 469 per sqft).
- Rented since December 2014 on 3 Ejari contracts, from AED 47,000 to AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2020 price is 10.2%, before a service charge of about AED 7,400 a year (AED 11.82 per sqft).
- One-beds in Mazaya 29 sold for AED 509,160–520,000 in the 12 months to November 2026; the building's median across all types is AED 817 per sqft.
Source: Dubai Land Department. Updated 3 November 2020.
Questions about 508, Mazaya 29
What did unit 508 last sell for?
AED 295,000 on 3 November 2020: AED 469 per sqft for 628 sqft. The unit has 2 registered sales; the first was AED 423,504 in August 2016.
What is the rent for unit 508?
AED 30,000 a year on the contract signed on 15 April 2019. The previous contract, from December 2016, was AED 48,000; the unit has been rented since December 2014.
How big is unit 508?
628 sqft (58.3 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2013.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 29 sold for AED 509,160 to 520,000 in the last 12 months, around AED 817 per sqft.
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Mortgage on 508, Mazaya 29
Starts from the last sale price (AED 295K, 3 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 295,000
- Deposit, UAE resident (20%)
- AED 59,000
- Deposit, non-resident (40%)
- AED 118,000
- Monthly over 25 years at 3.7%
- AED 1,207
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →