501, Mazaya 23
Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Mazaya 23
What is 501 worth today?
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Source: Dubai Land Department. Updated 19 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 840 sqft
- Floor
- 5th of 6
- Parking
- G-6
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 10,400 /yr
- Last sold
- AED 610K · May 2014
- Building
- Mazaya 23
About 501, Mazaya 23
501 is a one-bedroom apartment of 840 sqft on the 5th floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. The developer sold it on 6 May 2014 for AED 610,000, or AED 725 per sqft, 97% above the AED 368 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 19 August 2024, is AED 45,150 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 10,400 a year.
Sales and rents for 501 over time
501 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 23, and where 501 sits
All 35 1-beds →501 last sold in May 2014 at AED 725 per sqft, 97% above what one-beds in Mazaya 23 were fetching at the time (AED 368). Over the last 12 months one-beds sold for AED 550,000, around AED 900 per sqft, and rent for AED 44,500 to 55,000 a year. 501's AED 45,150 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Dec 202516 December 2025 | 611 sqft | 550,000 | 900 | ||
| 19 Jun 202519 June 2025 | 572 sqft | 500,000 | 874 | ||
| 28 May 202528 May 2025 | 835 sqft | 570,000 | 682 | ||
| 12 May 202512 May 2025 | 571 sqft | 530,000 | 928 |
Mazaya 23
Building55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 2 sold in the last 12 months.
- Typical price per sqft
- AED 836
- Typical sale
- AED 700K
- Typical rent
- AED 53K /yr
- Typical yield
- 9.2%
Other units on the 5th floor
All 55 units in Mazaya 23| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 1,738 sqft | AED 710KAED 710,076 · May 2014May 2014 | 71,500 /yr | |
| 503 | 2-bed | 1,124 sqft | AED 800KAED 800,000 · Sep 2018September 2018 | 48,000 /yr | |
| 504 | 2-bed | 1,604 sqft | AED 1.18MAED 1,179,308 · Sep 2014September 2014 | 80,000 /yr | |
| 505 | 3-bed | 1,746 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | 20,539 /yr | |
| 506 | 1-bed | 840 sqft | AED 550KAED 550,000 · Nov 2024November 2024 | 27,000 /yr | |
| 507 | 1-bed | 618 sqft | AED 400KAED 400,000 · Nov 2018November 2018 | 36,500 /yr | |
| 508 | 1-bed | 611 sqft | AED 550KAED 550,000 · Dec 2025December 2025 | 50,000 /yr |
501, Mazaya 23 in numbers
- Sold once: by Al Mazaya Real Estate on 6 May 2014 for AED 610,000, or AED 725 per sqft.
- Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 35,700 in 2022 and recovered to AED 45,150 by August 2024.
- At AED 45,150 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 10,400 a year (AED 12.38 per sqft).
- One-beds in Mazaya 23 sold for AED 550,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 836 per sqft.
Source: Dubai Land Department. Updated 19 August 2024.
Questions about 501, Mazaya 23
What did unit 501 last sell for?
AED 610,000 on 6 May 2014, sold by the developer: AED 725 per sqft for 840 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 45,150 a year on the contract renewed on 19 August 2024. The previous contract, from August 2023, was AED 43,000; the unit has been rented since September 2018.
How big is unit 501?
840 sqft (78.0 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2013.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 23 sold for AED 550,000 to 550,000 in the last 12 months, around AED 900 per sqft.
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Mortgage on 501, Mazaya 23
Starts from the last sale price (AED 610K, 6 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →