508, Mazaya 09
Sold prices and rental history: sold once, by the developer in November 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Mazaya 09
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 March 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 840 sqft
- Floor
- 5th of 9
- Parking
- G-54
- Developer
- Al Mazaya Holding Company
- Completed
- 2012
- Service charge
- AED 9,300 /yr
- Last sold
- AED 624K · November 2017
- Building
- Mazaya 09
About 508, Mazaya 09
508 is a one-bedroom apartment of 840 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 14 November 2017 for AED 623,936, or AED 742 per sqft, in line with the AED 759 one-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 March 2019, is AED 37,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 9,300 a year.
Sales and rents for 508 over time
508 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 508 sits
All 44 1-beds →508 last sold in November 2017 at AED 742 per sqft, in line with what one-beds in Mazaya 09 were fetching at the time (AED 759). 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. 508's AED 37,000 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 | |
| 506 | 1-bed | 896 sqft | AED 674KAED 674,459 · Jul 2016July 2016 | 41,500 /yr | |
| 507 | 3-bed | 1,597 sqft | AED 1.12MAED 1,120,000 · Dec 2017December 2017 | 74,000 /yr |
508, Mazaya 09 in numbers
- Sold once: by Al Mazaya Holding Company on 14 November 2017 for AED 623,936, or AED 742 per sqft.
- Rented since January 2018 on 2 Ejari contracts, from AED 45,000 to AED 37,000 a year.
- At AED 37,000 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 9,300 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 1 March 2019.
Questions about 508, Mazaya 09
What did unit 508 last sell for?
AED 623,936 on 14 November 2017, sold by the developer: AED 742 per sqft for 840 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 37,000 a year on the contract signed on 1 March 2019. The previous contract, from January 2018, was AED 45,000.
How big is unit 508?
840 sqft (78.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2012.
What is unit 508 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 508, Mazaya 09
Starts from the last sale price (AED 624K, 14 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 623,936
- Deposit, UAE resident (20%)
- AED 124,787
- Deposit, non-resident (40%)
- AED 249,574
- Monthly over 25 years at 3.7%
- AED 2,553
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →