2-bed · 1,714 sqftMazaya 29, Liwan · 5th floor · completed 2013

512, Mazaya 29

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 20 January 2026
Last soldAED 523K23 July 2017
Current rentAED 82K /yr20 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Mazaya 29

What is 512 worth today?

Last sold for AED 522,500 in 2017

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20 Jan 2026RentedNew contract
AED 82,000/yr12 months · AED 48 per sqft
20 Jan 2026RentedNew contract
AED 82,000/yr12 months · AED 48 per sqft
15 Apr 2025RentedNew contract
AED 78,000/yr12 months · AED 46 per sqft
15 Apr 2025RentedNew contract
AED 78,000/yr12 months · AED 46 per sqft
6 Oct 2024RentedNew contract
AED 85,000/yr12 months · AED 50 per sqft
4 Sep 2023RentedNew contract
AED 56,000/yr12 months · AED 33 per sqft
5 Sep 2022RentedNew contract
AED 53,000/yr12 months · AED 31 per sqft
5 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 29 per sqft

Source: Dubai Land Department. Updated 20 January 2026.

Key facts

Type
2-bed apartment
Size
1,714 sqft
Floor
5th of 5
Parking
G-57,G-37
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 20,300 /yr
Last sold
AED 523K · July 2017
Building
Mazaya 29

About 512, Mazaya 29

512 is a two-bedroom apartment of 1,714 sqft on the 5th floor of Mazaya 29, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. The developer sold it on 23 July 2017 for AED 522,500, or AED 304 per sqft, 46% below the AED 558 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, signed on 20 January 2026, is AED 82,000 a year: a gross yield of 15.7% on the 2017 price, before the service charge of about AED 20,300 a year.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical two-bed in Mazaya 29
400K600K800K20092013201720212025Typical 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, July 2017: AED 522,500 (AED 304 per sqft)

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

Rents
Unit 512, 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, November 2018: AED 60,000 a yearRenewal, November 2019: AED 62,521 a yearRenewal, October 2020: AED 45,000 a yearNew contract, September 2021: AED 50,000 a yearNew contract, September 2022: AED 53,000 a yearNew contract, September 2023: AED 56,000 a yearNew contract, October 2024: AED 85,000 a yearNew contract, April 2025: AED 78,000 a yearNew contract, April 2025: AED 78,000 a yearNew contract, January 2026: AED 82,000 a yearNew contract, January 2026: AED 82,000 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 512 sits

All 21 2-beds →

512 last sold in July 2017 at AED 304 per sqft, 46% below what two-beds in Mazaya 29 were fetching at the time (AED 558). 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. 512's AED 82,000 is in the upper half 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
5032-bedAED 600K · Nov 2024
5041-bedAED 325K · Aug 2016
5051-bedAED 256K · Jan 2015
5061-bedAED 500K · Nov 2020
5072-bedAED 700K · Feb 2025
1–7 of 11

512, Mazaya 29 in numbers

  • Sold once: by Al Mazaya Real Estate on 23 July 2017 for AED 522,500, or AED 304 per sqft.
  • Rented since November 2018 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2020 and recovered to AED 82,000 by January 2026.
  • At AED 82,000 a year the gross yield on the 2017 price is 15.7%, before a service charge of about AED 20,300 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 20 January 2026.

Questions about 512, Mazaya 29

What did unit 512 last sell for?

AED 522,500 on 23 July 2017, sold by the developer: AED 304 per sqft for 1,714 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 82,000 a year on the contract signed on 20 January 2026. The previous contract, from January 2026, was AED 82,000; the unit has been rented since November 2018.

How big is unit 512?

1,714 sqft (159.2 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2013.

What is unit 512 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 512, Mazaya 29

Starts from the last sale price (AED 523K, 23 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 522,500
Deposit, UAE resident (20%)
AED 104,500
Deposit, non-resident (40%)
AED 209,000
Monthly over 25 years at 3.7%
AED 2,138

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