2-bed · 1,715 sqftMazaya 32, Liwan · 5th floor · completed 2015

512, Mazaya 32

Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 1.15M23 March 2016
Current rentAED 66K /yr10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Mazaya 32

What is 512 worth today?

Last sold for AED 1,149,347 in 2016

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10 Jul 2025RentedRenewal
AED 66,000/yr12 months · AED 38 per sqft
10 Jul 2025RentedRenewal
AED 66,000/yr12 months · AED 38 per sqft
10 Jul 2024RentedRenewal
AED 63,000/yr12 months · AED 37 per sqft
10 Jul 2023RentedRenewal
AED 58,000/yr12 months · AED 34 per sqft
10 Jul 2022RentedRenewal
AED 55,000/yr12 months · AED 32 per sqft
10 Jul 2021RentedNew contract
AED 55,000/yr12 months · AED 32 per sqft
1 Jun 2021RentedNew contract
AED 50,000/yr12 months · AED 29 per sqft
5 May 2020RentedNew contract
AED 58,000/yr12 months · AED 34 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
2-bed apartment
Size
1,715 sqft
Floor
5th of 5
Parking
G-68
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 18,300 /yr
Last sold
AED 1.15M · March 2016
Building
Mazaya 32

About 512, Mazaya 32

512 is a two-bedroom apartment of 1,715 sqft on the 5th floor of Mazaya 32, a 5-storey tower in Liwan completed in 2015 by Al Mazaya Real Estate. The developer sold it on 23 March 2016 for AED 1,149,347, or AED 669 per sqft, in line with the AED 689 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 10 July 2025, is AED 66,000 a year: a gross yield of 5.7% on the 2016 price, before the service charge of about AED 18,300 a year.

Sales and rents for 512 over time

Rents
Unit 512, each contractTypical two-bed in Mazaya 32
40K60K2016201920222025Typical rent by year: 2016 AED 69,000; 2017 AED 65,000; 2018 AED 62,000; 2019 AED 56,000; 2020 AED 47,500; 2021 AED 44,000; 2022 AED 46,500; 2023 AED 51,500; 2024 AED 59,000; 2025 AED 62,000; 2026 AED 68,000Renewal, April 2019: AED 68,000 a yearNew contract, May 2020: AED 58,000 a yearNew contract, June 2021: AED 50,000 a yearNew contract, July 2021: AED 55,000 a yearRenewal, July 2022: AED 55,000 a yearRenewal, July 2023: AED 58,000 a yearRenewal, July 2024: AED 63,000 a yearRenewal, July 2025: AED 66,000 a yearRenewal, July 2025: AED 66,000 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 32, and where 512 sits

All 21 2-beds →

512 last sold in March 2016 at AED 669 per sqft, in line with what two-beds in Mazaya 32 were fetching at the time (AED 689). 512's AED 66,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Dec 2016767,664
22 Nov 2016767,813
22 Sep 20161,147,976
30 Jun 2016767,813
0 2-bed sales in the last 12 months

Mazaya 32

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2015 by Al Mazaya Real Estate. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 53K /yr
Typical yield
Mazaya 32, Liwan: prices, sales and rents →

Other units on the 5th floor

All 61 units in Mazaya 32
Value
5013-bedAED 1.13M · Mar 2016
5021-bedAED 460K · Jul 2017
5032-bedAED 768K · Mar 2016
5041-bedAED 620K · Aug 2017
5051-bedAED 576K · Mar 2016
5061-bedAED 608K · Mar 2016
5072-bedAED 752K · Mar 2016
1–7 of 11

512, Mazaya 32 in numbers

  • Sold once: by Al Mazaya Real Estate on 23 March 2016 for AED 1,149,347, or AED 669 per sqft.
  • Rented since April 2019 on 9 Ejari contracts. The rent fell from AED 68,000 to AED 50,000 in 2021 and recovered to AED 66,000 by July 2025.
  • At AED 66,000 a year the gross yield on the 2016 price is 5.7%, before a service charge of about AED 18,300 a year (AED 10.65 per sqft).

Source: Dubai Land Department. Updated 10 July 2025.

Questions about 512, Mazaya 32

What did unit 512 last sell for?

AED 1,149,347 on 23 March 2016, sold by the developer: AED 669 per sqft for 1,715 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 66,000 a year on the contract renewed on 10 July 2025. The previous contract, from July 2025, was AED 66,000; the unit has been rented since April 2019.

How big is unit 512?

1,715 sqft (159.3 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2015.

What is unit 512 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 512, Mazaya 32

Starts from the last sale price (AED 1.15M, 23 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,149,347
Deposit, UAE resident (20%)
AED 229,869
Deposit, non-resident (40%)
AED 459,739
Monthly over 25 years at 3.7%
AED 4,702

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