501, Mazaya 15
Sold prices and rental history: sold once, by the developer in November 2015, and rented once, from August 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Mazaya 15
What is 501 worth today?
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Source: Dubai Land Department. Updated 24 August 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,562 sqft
- Floor
- 5th of 10
- Parking
- G-70 0
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 15,100 /yr
- Last sold
- AED 584K · November 2015
- Building
- Mazaya 15
About 501, Mazaya 15
501 is a two-bedroom apartment of 1,562 sqft on the 5th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 29 November 2015 for AED 584,072, or AED 373 per sqft, in line with the AED 382 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 24 August 2016. The current contract, signed on 24 August 2016, is AED 82,500 a year: a gross yield of 14.1% on the 2015 price, before the service charge of about AED 15,100 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 15, and where 501 sits
All 24 2-beds →501 last sold in November 2015 at AED 373 per sqft, in line with what two-beds in Mazaya 15 were fetching at the time (AED 382). 501's AED 82,500 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jun 202518 June 2025 | 1,157 sqft | 870,000 | 751 | ||
| 13 May 202513 May 2025 | 1,415 sqft | 1,080,000 | 763 | ||
| 9 May 20259 May 2025 | 1,157 sqft | 700,000 | 604 | ||
| 17 Mar 202517 March 2025 | 1,415 sqft | 1,000,000 | 706 |
Mazaya 15
Building82 apartments, 1-bed to 3-bed over 10 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 1 sold in the last 12 months.
- Typical price per sqft
- AED 573
- Typical sale
- AED 656K
- Typical rent
- AED 53K /yr
- Typical yield
- 11.3%
Other units on the 5th floor
All 82 units in Mazaya 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 636 sqft | AED 228KAED 228,385 · Nov 2015November 2015 | 50,000 /yr | |
| 503 | 1-bed | 1,192 sqft | AED 828KAED 828,485 · Apr 2009April 2009 | 37,000 /yr | |
| 504 | 2-bed | 1,515 sqft | AED 680KAED 680,000 · May 2022May 2022 | 57,879 /yr | |
| 505 | 2-bed | 1,415 sqft | AED 1MAED 1,000,000 · Mar 2025March 2025 | 85,000 /yr | |
| 506 | 1-bed | 835 sqft | AED 613KAED 613,123 · May 2009May 2009 | 44,100 /yr | |
| 507 | 2-bed | 1,157 sqft | AED 808KAED 808,368 · Apr 2009April 2009 | 55,902 /yr |
501, Mazaya 15 in numbers
- Sold once: by Al Mazaya Real Estate on 29 November 2015 for AED 584,072, or AED 373 per sqft.
- Rented since August 2016 on one Ejari contract, at AED 82,500 a year.
- At AED 82,500 a year the gross yield on the 2015 price is 14.1%, before a service charge of about AED 15,100 a year (AED 9.65 per sqft).
Source: Dubai Land Department. Updated 24 August 2016.
Questions about 501, Mazaya 15
What did unit 501 last sell for?
AED 584,072 on 29 November 2015, sold by the developer: AED 373 per sqft for 1,562 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 82,500 a year on the contract signed on 24 August 2016.
How big is unit 501?
1,562 sqft (145.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2014.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 501, Mazaya 15
Starts from the last sale price (AED 584K, 29 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 584,072
- Deposit, UAE resident (20%)
- AED 116,814
- Deposit, non-resident (40%)
- AED 233,629
- Monthly over 25 years at 3.7%
- AED 2,390
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →