505, Mazaya - Tala Tower
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Mazaya - Tala Tower
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,616 sqft
- Floor
- 5th of 8
- Parking
- G-55
- Developer
- Al Mazaya Holding Company
- Completed
- 2014
- Service charge
- AED 15,600 /yr
- Last sold
- AED 700K · August 2023
- Building
- Mazaya - Tala Tower
About 505, Mazaya - Tala Tower
505 is a two-bedroom apartment of 1,616 sqft on the 5th floor of Mazaya - Tala Tower, a 8-storey tower in Liwan completed in 2014 by Al Mazaya Holding Company. It last sold on 10 August 2023 for AED 700,000, or AED 433 per sqft.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 June 2024, is AED 62,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 15,600 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya - Tala Tower, and where 505 sits
All 29 2-beds →Over the last 12 months two-beds sold for AED 780,000 to 1,020,000, around AED 585 per sqft, and rent for AED 56,884 to 100,000 a year. 505's AED 62,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jun 202611 June 2026 | 1,410 sqft | 860,000 | 609 | ||
| 11 Mar 202611 March 2026 | 1,386 sqft | 850,000 | 613 | ||
| 3 Mar 20263 March 2026 | 1,576 sqft | 1,020,000 | 647 | ||
| 5 Feb 20265 February 2026 | 1,461 sqft | 820,000 | 561 |
Mazaya - Tala Tower
Building63 apartments, 1-bed to 3-bed over 8 floors in Liwan, completed in 2014 by Al Mazaya Holding Company. 6 sold in the last 12 months.
- Typical price per sqft
- AED 585
- Typical sale
- AED 835K
- Typical rent
- AED 49K /yr
- Typical yield
- 9.1%
Other units on the 5th floor
All 63 units in Mazaya - Tala Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 932 sqft | AED 365KAED 365,000 · Jun 2021June 2021 | ||
| 502 | 2-bed | 1,274 sqft | AED 520KAED 520,000 · Jan 2021January 2021 | ||
| 503 | 1-bed | 932 sqft | AED 450KAED 450,000 · Jul 2020July 2020 | 46,000 /yr | |
| 504 | 2-bed | 1,461 sqft | AED 780KAED 780,000 · Nov 2024November 2024 | 72,500 /yr | |
| 506 | 2-bed | 1,600 sqft | AED 675KAED 675,000 · Feb 2021February 2021 | 57,000 /yr | |
| 507 | 2-bed | 1,461 sqft | AED 592KAED 592,000 · Sep 2020September 2020 | 65,000 /yr |
505, Mazaya - Tala Tower in numbers
- Sold twice: first on 31 January 2021 for AED 325,000, last on 10 August 2023 for AED 700,000 (AED 433 per sqft).
- Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 67,500 to AED 45,000 in 2021 and recovered to AED 62,000 by June 2024.
- At AED 62,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 15,600 a year (AED 9.65 per sqft).
- Two-beds in Mazaya - Tala Tower sold for AED 780,000–1,020,000 in the 12 months to November 2026; the building's median across all types is AED 585 per sqft.
Source: Dubai Land Department. Updated 1 June 2024.
Questions about 505, Mazaya - Tala Tower
What did unit 505 last sell for?
AED 700,000 on 10 August 2023: AED 433 per sqft for 1,616 sqft. The unit has 2 registered sales; the first was AED 325,000 in January 2021.
What is the rent for unit 505?
AED 62,000 a year on the contract signed on 1 June 2024. The previous contract, from April 2023, was AED 53,000; the unit has been rented since July 2014.
How big is unit 505?
1,616 sqft (150.1 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya - Tala Tower sold for AED 780,000 to 1,020,000 in the last 12 months, around AED 585 per sqft.
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Mortgage on 505, Mazaya - Tala Tower
Starts from the last sale price (AED 700K, 10 August 2023). 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 →