506, Mazaya - Tala Tower
Sold prices and rental history: sold once, by the developer in February 2021, 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 506, Mazaya - Tala Tower
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 18 February 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,600 sqft
- Floor
- 5th of 8
- Parking
- G-54
- Developer
- Al Mazaya Holding Company
- Completed
- 2014
- Service charge
- AED 15,400 /yr
- Last sold
- AED 675K · February 2021
- Building
- Mazaya - Tala Tower
About 506, Mazaya - Tala Tower
506 is a two-bedroom apartment of 1,600 sqft on the 5th floor of Mazaya - Tala Tower, a 8-storey tower in Liwan completed in 2014 by Al Mazaya Holding Company. The developer sold it on 18 February 2021 for AED 675,000, or AED 421 per sqft, 3% above the AED 408 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 17 April 2019, is AED 57,000 a year: a gross yield of 8.4% on the 2021 price, before the service charge of about AED 15,400 a year.
Sales and rents for 506 over time
506 has sold once; 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 506 sits
All 29 2-beds →506 last sold in February 2021 at AED 421 per sqft, 3% above what two-beds in Mazaya - Tala Tower were fetching at the time (AED 408). 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. 506's AED 57,000 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 | |
| 505 | 2-bed | 1,616 sqft | AED 700KAED 700,000 · Aug 2023August 2023 | 62,000 /yr | |
| 507 | 2-bed | 1,461 sqft | AED 592KAED 592,000 · Sep 2020September 2020 | 65,000 /yr |
506, Mazaya - Tala Tower in numbers
- Sold once: by Al Mazaya Holding Company on 18 February 2021 for AED 675,000, or AED 421 per sqft.
- Rented since July 2014 on 5 Ejari contracts, from AED 68,000 to AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2021 price is 8.4%, before a service charge of about AED 15,400 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 18 February 2021.
Questions about 506, Mazaya - Tala Tower
What did unit 506 last sell for?
AED 675,000 on 18 February 2021, sold by the developer: AED 421 per sqft for 1,600 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 57,000 a year on the contract signed on 17 April 2019. The previous contract, from March 2018, was AED 68,000; the unit has been rented since July 2014.
How big is unit 506?
1,600 sqft (148.6 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.
What is unit 506 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.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, Mazaya - Tala Tower
Starts from the last sale price (AED 675K, 18 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 675,000
- Deposit, UAE resident (20%)
- AED 135,000
- Deposit, non-resident (40%)
- AED 270,000
- Monthly over 25 years at 3.7%
- AED 2,762
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →