506, Mazaya 09
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Mazaya 09
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 896 sqft
- Floor
- 5th of 9
- Parking
- G-58
- Developer
- Al Mazaya Holding Company
- Completed
- 2012
- Service charge
- AED 9,900 /yr
- Last sold
- AED 674K · July 2016
- Building
- Mazaya 09
About 506, Mazaya 09
506 is a one-bedroom apartment of 896 sqft on the 5th floor of Mazaya 09, a 9-storey tower in Liwan completed in 2012 by Al Mazaya Holding Company. The developer sold it on 13 July 2016 for AED 674,459, or AED 752 per sqft, in line with the AED 757 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 May 2023, is AED 41,500 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 9,900 a year.
Sales and rents for 506 over time
506 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 09, and where 506 sits
All 44 1-beds →506 last sold in July 2016 at AED 752 per sqft, in line with what one-beds in Mazaya 09 were fetching at the time (AED 757). Over the last 12 months one-beds sold for AED 570,000, around AED 680 per sqft, and rent for AED 34,650 to 53,000 a year. 506's AED 41,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 706 sqft | 580,000 | 821 | ||
| 22 Jan 202522 January 2025 | 746 sqft | 575,000 | 770 | ||
| 16 Oct 202316 October 2023 | 746 sqft | 355,000 | 475 | ||
| 12 Oct 202312 October 2023 | 667 sqft | 375,000 | 562 |
Mazaya 09
Building72 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2012 by Al Mazaya Holding Company. 2 sold in the last 12 months.
- Typical price per sqft
- AED 694
- Typical sale
- AED 860K
- Typical rent
- AED 45K /yr
- Typical yield
- 8.0%
Other units on the 5th floor
All 72 units in Mazaya 09| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,027 sqft | AED 550KAED 550,000 · Oct 2023October 2023 | 68,000 /yr | |
| 502 | 1-bed | 706 sqft | AED 580KAED 580,000 · Jun 2025June 2025 | 49,866 /yr | |
| 503 | 1-bed | 667 sqft | AED 514KAED 514,218 · Apr 2016April 2016 | 38,500 /yr | |
| 504 | 2-bed | 1,625 sqft | AED 700KAED 700,000 · May 2022May 2022 | 48,000 /yr | |
| 505 | 1-bed | 746 sqft | AED 580KAED 580,459 · Jul 2016July 2016 | 50,000 /yr | |
| 507 | 3-bed | 1,597 sqft | AED 1.12MAED 1,120,000 · Dec 2017December 2017 | 74,000 /yr | |
| 508 | 1-bed | 840 sqft | AED 624KAED 623,936 · Nov 2017November 2017 | 37,000 /yr |
506, Mazaya 09 in numbers
- Sold once: by Al Mazaya Holding Company on 13 July 2016 for AED 674,459, or AED 752 per sqft.
- Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 52,000 to AED 28,000 in 2022 and recovered to AED 41,500 by May 2023.
- At AED 41,500 a year the gross yield on the 2016 price is 6.2%, before a service charge of about AED 9,900 a year (AED 11.06 per sqft).
- One-beds in Mazaya 09 sold for AED 570,000–570,000 in the 12 months to November 2026; the building's median across all types is AED 694 per sqft.
Source: Dubai Land Department. Updated 15 May 2023.
Questions about 506, Mazaya 09
What did unit 506 last sell for?
AED 674,459 on 13 July 2016, sold by the developer: AED 752 per sqft for 896 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 41,500 a year on the contract signed on 15 May 2023. The previous contract, from January 2022, was AED 28,000; the unit has been rented since July 2017.
How big is unit 506?
896 sqft (83.2 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2012.
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 09 sold for AED 570,000 to 570,000 in the last 12 months, around AED 680 per sqft.
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Mortgage on 506, Mazaya 09
Starts from the last sale price (AED 674K, 13 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 674,459
- Deposit, UAE resident (20%)
- AED 134,892
- Deposit, non-resident (40%)
- AED 269,784
- Monthly over 25 years at 3.7%
- AED 2,759
Plus AED 33,337 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →