
507, Mazaya - Tala Tower
Sold prices and rental history: sold once, by the developer in September 2020, 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 507, Mazaya - Tala Tower
What is 507 worth today?
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Source: Dubai Land Department. Updated 6 September 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,461 sqft
- Floor
- 5th of 8
- Parking
- G-46
- Developer
- Al Mazaya Holding Company
- Completed
- 2014
- Service charge
- AED 14,100 /yr
- Last sold
- AED 592K · September 2020
- Building
- Mazaya - Tala Tower
About 507, Mazaya - Tala Tower
507 is a two-bedroom apartment of 1,461 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 6 September 2020 for AED 592,000, or AED 405 per sqft, in line with 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 3 August 2018, is AED 65,000 a year: a gross yield of 11.0% on the 2020 price, before the service charge of about AED 14,100 a year.
Sales and rents for 507 over time
507 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 507 sits
All 29 2-beds →507 last sold in September 2020 at AED 405 per sqft, in line with 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. 507's AED 65,000 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 | |
| 506 | 2-bed | 1,600 sqft | AED 675KAED 675,000 · Feb 2021February 2021 | 57,000 /yr |
507, Mazaya - Tala Tower in numbers
- Sold once: by Al Mazaya Holding Company on 6 September 2020 for AED 592,000, or AED 405 per sqft.
- Rented since August 2014 on 5 Ejari contracts, from AED 70,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2020 price is 11.0%, before a service charge of about AED 14,100 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 6 September 2020.
Questions about 507, Mazaya - Tala Tower
What did unit 507 last sell for?
AED 592,000 on 6 September 2020, sold by the developer: AED 405 per sqft for 1,461 sqft. It is the only registered sale of the unit.
What is the rent for unit 507?
AED 65,000 a year on the contract signed on 3 August 2018. The previous contract, from August 2017, was AED 68,000; the unit has been rented since August 2014.
How big is unit 507?
1,461 sqft (135.7 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.
What is unit 507 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 507, Mazaya - Tala Tower
Starts from the last sale price (AED 592K, 6 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 592,000
- Deposit, UAE resident (20%)
- AED 118,400
- Deposit, non-resident (40%)
- AED 236,800
- Monthly over 25 years at 3.7%
- AED 2,422
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →