511, Mazaya 03
Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Mazaya 03
What is 511 worth today?
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Source: Dubai Land Department. Updated 25 December 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 618 sqft
- Floor
- 5th of 14
- Parking
- G-67
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 4,600 /yr
- Last sold
- AED 216K · November 2015
- Building
- Mazaya 03
About 511, Mazaya 03
511 is a one-bedroom apartment of 618 sqft on the 5th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 29 November 2015 for AED 216,147, or AED 349 per sqft, 7% below the AED 374 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 25 December 2021, is AED 23,872 a year: a gross yield of 11.0% on the 2015 price, before the service charge of about AED 4,600 a year.
Sales and rents for 511 over time
511 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 03, and where 511 sits
All 141 1-beds →511 last sold in November 2015 at AED 349 per sqft, 7% below what one-beds in Mazaya 03 were fetching at the time (AED 374). Over the last 12 months one-beds sold for AED 380,000 to 520,000, around AED 606 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jan 202631 January 2026 | 593 sqft | 450,000 | 759 | ||
| 28 Jan 202628 January 2026 | 910 sqft | 520,000 | 571 | ||
| 29 Dec 202529 December 2025 | 594 sqft | 380,000 | 640 | ||
| 7 Jul 20257 July 2025 | 781 sqft | 364,248 | 466 |
Mazaya 03
Building219 apartments, studios to 3-bed over 14 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 5 sold in the last 12 months.
- Typical price per sqft
- AED 582
- Typical sale
- AED 499K
- Typical rent
- AED 50K /yr
- Typical yield
- 6.6%
Other units on the 5th floor
All 219 units in Mazaya 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 521 sqft | AED 228KAED 227,500 · Sep 2016September 2016 | 30,000 /yr | |
| 502 | 1-bed | 593 sqft | AED 365KAED 365,000 · Mar 2019March 2019 | 26,000 /yr | |
| 503 | 1-bed | 641 sqft | AED 249KAED 248,853 · Jun 2015June 2015 | 26,500 /yr | |
| 504 | 1-bed | 642 sqft | AED 449KAED 449,343 · May 2009May 2009 | 38,000 /yr | |
| 505 | 2-bed | 1,168 sqft | AED 680KAED 680,000 · Feb 2026February 2026 | 41,000 /yr | |
| 506 | 2-bed | 1,214 sqft | AED 760KAED 760,000 · Aug 2017August 2017 | 36,000 /yr | |
| 507 | 1-bed | 910 sqft | AED 341KAED 340,625 · Jul 2015July 2015 | 27,000 /yr | |
| 508 | 1-bed | 893 sqft | AED 342KAED 342,140 · Jul 2015July 2015 | 28,000 /yr | |
| 509 | 1-bed | 933 sqft | AED 320KAED 320,000 · May 2021May 2021 | 26,000 /yr | |
| 510 | 1-bed | 618 sqft | AED 467KAED 467,007 · May 2009May 2009 | 26,000 /yr | |
| 512 | 1-bed | 619 sqft | AED 485KAED 485,000 · Jun 2016June 2016 | 25,000 /yr | |
| 513 | 1-bed | 609 sqft | AED 216KAED 216,147 · Sep 2015September 2015 | 24,000 /yr | |
| 514 | 2-bed | 1,294 sqft | AED 890KAED 889,907 · May 2009May 2009 | 72,000 /yr | |
| 515 | 2-bed | 1,098 sqft | AED 408KAED 408,179 · Jun 2015June 2015 | ||
| 516 | 1-bed | 632 sqft | AED 341KAED 341,196 · Mar 2018March 2018 | 28,000 /yr | |
| 517 | 1-bed | 834 sqft | AED 584KAED 584,000 · Jul 2015July 2015 | 45,000 /yr | |
| 518 | 1-bed | 781 sqft | AED 301KAED 300,823 · Mar 2018March 2018 | 35,000 /yr | |
| 519 | 1-bed | 515 sqft | AED 294KAED 294,300 · Jun 2025June 2025 | 22,000 /yr |
511, Mazaya 03 in numbers
- Sold once: by Al Mazaya Real Estate on 29 November 2015 for AED 216,147, or AED 349 per sqft.
- Rented since May 2015 on 5 Ejari contracts, from AED 50,000 to AED 23,872 a year.
- At AED 23,872 a year the gross yield on the 2015 price is 11.0%, before a service charge of about AED 4,600 a year (AED 7.37 per sqft).
- One-beds in Mazaya 03 sold for AED 380,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 582 per sqft.
Source: Dubai Land Department. Updated 25 December 2021.
Questions about 511, Mazaya 03
What did unit 511 last sell for?
AED 216,147 on 29 November 2015, sold by the developer: AED 349 per sqft for 618 sqft. It is the only registered sale of the unit.
What is the rent for unit 511?
AED 23,872 a year on the contract renewed on 25 December 2021. The previous contract, from December 2020, was AED 24,000; the unit has been rented since May 2015.
How big is unit 511?
618 sqft (57.4 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2014.
What is unit 511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 03 sold for AED 380,000 to 520,000 in the last 12 months, around AED 606 per sqft.
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Mortgage on 511, Mazaya 03
Starts from the last sale price (AED 216K, 29 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 216,147
- Deposit, UAE resident (20%)
- AED 43,229
- Deposit, non-resident (40%)
- AED 86,459
- Monthly over 25 years at 3.7%
- AED 884
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →