508, Mazaya 12
Sold prices and rental history: sold once, by the developer in June 2015, 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 12
What is 508 worth today?
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Source: Dubai Land Department. Updated 10 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 570 sqft
- Floor
- 5th of 6
- Parking
- G-29
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 5,600 /yr
- Last sold
- AED 37K · June 2015
- Building
- Mazaya 12
About 508, Mazaya 12
508 is a one-bedroom apartment of 570 sqft on the 5th floor of Mazaya 12, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 25 June 2015 for AED 37,150, or AED 65 per sqft, 90% below the AED 646 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 10 June 2025, is AED 42,000 a year: a gross yield of 113.1% on the 2015 price, before the service charge of about AED 5,600 a year.
Sales and rents for 508 over time
No registered sale of 508; 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 12, and where 508 sits
All 58 1-beds →508 last sold in June 2015 at AED 65 per sqft, 90% below what one-beds in Mazaya 12 were fetching at the time (AED 646). Over the last 12 months one-beds sold for AED 600,000, around AED 603 per sqft, and rent for AED 38,000 to 60,000 a year. 508's AED 42,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jul 202521 July 2025 | 771 sqft | 500,000 | 648 | ||
| 18 Jun 202518 June 2025 | 558 sqft | 435,000 | 778 | ||
| 23 May 202523 May 2025 | 569 sqft | 500,000 | 878 | ||
| 23 Apr 202523 April 2025 | 570 sqft | 400,000 | 701 |
Mazaya 12
Building96 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 1 sold in the last 12 months.
- Typical price per sqft
- AED 603
- Typical sale
- AED 600K
- Typical rent
- AED 50K /yr
- Typical yield
- 10.9%
Other units on the 5th floor
All 96 units in Mazaya 12| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,058 sqft | AED 693KAED 693,171 · Dec 2014December 2014 | 47,000 /yr | |
| 502 | 2-bed | 1,217 sqft | AED 730KAED 729,990 · Nov 2015November 2015 | 55,000 /yr | |
| 503 | 1-bed | 771 sqft | AED 540KAED 540,000 · Jun 2015June 2015 | 34,650 /yr | |
| 504 | 1-bed | 781 sqft | AED 595KAED 595,000 · Apr 2017April 2017 | 40,000 /yr | |
| 505 | 2-bed | 1,218 sqft | AED 876KAED 876,000 · Dec 2015December 2015 | 75,000 /yr | |
| 506 | 2-bed | 1,052 sqft | AED 460KAED 460,000 · Sep 2021September 2021 | 53,000 /yr | |
| 507 | 1-bed | 569 sqft | AED 500KAED 500,000 · May 2025May 2025 | 50,000 /yr | |
| 509 | 2-bed | 1,053 sqft | AED 605KAED 605,000 · Mar 2024March 2024 | 40,000 /yr | |
| 510 | 1-bed | 771 sqft | AED 408KAED 408,000 · Dec 2023December 2023 | 55,000 /yr | |
| 511 | 1-bed | 946 sqft | AED 137KAED 136,638 · Mar 2021March 2021 | 45,000 /yr | |
| 512 | 1-bed | 995 sqft | AED 710KAED 709,702 · Jul 2018July 2018 | 34,269 /yr | |
| 513 | 1-bed | 945 sqft | AED 683KAED 683,256 · Nov 2016November 2016 | 24,000 /yr | |
| 514 | 1-bed | 771 sqft | AED 559KAED 559,007 · Apr 2015April 2015 | 46,000 /yr | |
| 515 | 3-bed | 1,610 sqft | AED 1.21MAED 1,207,238 · Jan 2016January 2016 | ||
| 516 | 1-bed | 558 sqft | AED 435KAED 435,000 · Jun 2025June 2025 | 48,000 /yr |
508, Mazaya 12 in numbers
- Sold once: by Al Mazaya Real Estate on 25 June 2015 for AED 37,150, or AED 65 per sqft.
- Rented since March 2018 on 3 Ejari contracts, from AED 40,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2015 price is 113.1%, before a service charge of about AED 5,600 a year (AED 9.78 per sqft).
- One-beds in Mazaya 12 sold for AED 600,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 603 per sqft.
Source: Dubai Land Department. Updated 10 June 2025.
Questions about 508, Mazaya 12
What did unit 508 last sell for?
AED 37,150 on 25 June 2015, sold by the developer: AED 65 per sqft for 570 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 42,000 a year on the contract renewed on 10 June 2025. The previous contract, from June 2024, was AED 42,000; the unit has been rented since March 2018.
How big is unit 508?
570 sqft (53.0 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
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 12 sold for AED 600,000 to 600,000 in the last 12 months, around AED 603 per sqft.
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Mortgage on 508, Mazaya 12
Starts from the last sale price (AED 37K, 25 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 37,150
- Deposit, UAE resident (20%)
- AED 7,430
- Deposit, non-resident (40%)
- AED 14,860
- Monthly over 25 years at 3.7%
- AED 152
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →