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1-bed · 646 sqftMazaya 01, Liwan · 5th floor · completed 2014

506, Mazaya 01

Sold prices and rental history: sold 4 times, last in July 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 19 July 2023
Last soldAED 320K19 July 2023
Current rentAED 45K /yr1 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Mazaya 01

What is 506 worth today?

Last sold for AED 320,000 in 2023

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19 Jul 2023SoldReady
AED 320,000AED 495 per sqft
19 Jul 2018SoldReady
AED 385,000AED 595 per sqft
1 Jul 2017RentedNew contract
AED 45,000/yr12 months · AED 70 per sqft
21 Dec 2014SoldReady
AED 650,000AED 1,005 per sqft
1 Oct 2014RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
8 Jul 2014Sold by developerReady
AED 433,998AED 671 per sqft

Source: Dubai Land Department. Updated 19 July 2023.

Key facts

Type
1-bed apartment
Size
646 sqft
Floor
5th of 9
Parking
G-54
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 320K · July 2023
Building
Mazaya 01

About 506, Mazaya 01

506 is a one-bedroom apartment of 646 sqft on the 5th floor of Mazaya 01, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 19 July 2023 for AED 320,000, or AED 495 per sqft, 9% above the AED 454 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 July 2017, is AED 45,000 a year: a gross yield of 14.1% on the 2023 price, before the service charge of about AED 6,600 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Mazaya 01
400K600K2009201420192024Typical sale price by year: 2009 AED 426,342; 2014 AED 426,342; 2015 AED 540,000; 2016 AED 660,000; 2017 AED 530,000; 2018 AED 385,000; 2022 AED 290,000; 2023 AED 336,500; 2024 AED 415,000; 2025 AED 480,000Sold by developer, July 2014: AED 433,998 (AED 671 per sqft)Sold, December 2014: AED 650,000 (AED 1,005 per sqft)Sold, July 2018: AED 385,000 (AED 595 per sqft)Sold, July 2023: AED 320,000 (AED 495 per sqft)

506 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 506, each contractTypical one-bed in Mazaya 01
40K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 50,000; 2016 AED 50,000; 2017 AED 45,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 25,250; 2022 AED 29,900; 2023 AED 34,250; 2024 AED 44,000; 2025 AED 47,000; 2026 AED 50,000New contract, October 2014: AED 50,000 a yearNew contract, July 2017: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mazaya 01, and where 506 sits

All 50 1-beds →

506 last sold in July 2023 at AED 495 per sqft, 9% above what one-beds in Mazaya 01 were fetching at the time (AED 454). Over the last 12 months one-beds sold for AED 520,000 to 660,000, around AED 800 per sqft, and rent for AED 48,000 to 65,000 a year. 506's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jan 2026660,000
8 Jan 2026570,000
22 Dec 2025520,000
31 Jul 2025485,000
3 1-bed sales in the last 12 months

Mazaya 01

Building

78 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 733
Typical sale
AED 615K
Typical rent
AED 53K /yr
Typical yield
10.2%
Mazaya 01, Liwan: prices, sales and rents →

Other units on the 5th floor

All 78 units in Mazaya 01
Value
5012-bedAED 575K · Mar 2024
5022-bedAED 1M · Oct 2014
5032-bedAED 450K · Jun 2021
5041-bedAED 430K · Jan 2024
5052-bedAED 609K · Jan 2015
5071-bedAED 418K · Feb 2009
5082-bedAED 511K · Mar 2022
1–7 of 8

506, Mazaya 01 in numbers

  • Sold 4 times: first on 8 July 2014 for AED 433,998, last on 19 July 2023 for AED 320,000 (AED 495 per sqft).
  • Rented since October 2014 on 2 Ejari contracts, from AED 50,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 14.1%, before a service charge of about AED 6,600 a year (AED 10.28 per sqft).
  • One-beds in Mazaya 01 sold for AED 520,000–660,000 in the 12 months to November 2026; the building's median across all types is AED 733 per sqft.

Source: Dubai Land Department. Updated 19 July 2023.

Questions about 506, Mazaya 01

What did unit 506 last sell for?

AED 320,000 on 19 July 2023: AED 495 per sqft for 646 sqft. The unit has 4 registered sales; the first was AED 433,998 in July 2014.

What is the rent for unit 506?

AED 45,000 a year on the contract signed on 1 July 2017. The previous contract, from October 2014, was AED 50,000.

How big is unit 506?

646 sqft (60.0 sqm): a one-bedroom apartment on the 5th floor of a 9-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. One-beds in Mazaya 01 sold for AED 520,000 to 660,000 in the last 12 months, around AED 800 per sqft.

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Mortgage on 506, Mazaya 01

Starts from the last sale price (AED 320K, 19 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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