503, Mazaya 23
Sold prices and rental history: sold 3 times, last in September 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Mazaya 23
What is 503 worth today?
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Source: Dubai Land Department. Updated 10 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,124 sqft
- Floor
- 5th of 6
- Parking
- G-47
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 13,900 /yr
- Last sold
- AED 800K · September 2018
- Building
- Mazaya 23
About 503, Mazaya 23
503 is a two-bedroom apartment of 1,124 sqft on the 5th floor of Mazaya 23, a 6-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 10 September 2018 for AED 800,000, or AED 498 per sqft.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 10 March 2023, is AED 48,000 a year: a gross yield of 6.0% on the 2018 price, before the service charge of about AED 13,900 a year.
Sales and rents for 503 over time
503 has sold 3 times; 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 23, and where 503 sits
All 15 2-beds →Over the last 12 months two-beds sold for AED 850,000, around AED 771 per sqft, and rent for AED 70,000 to 70,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jan 20262 January 2026 | 1,102 sqft | 850,000 | 771 | ||
| 30 Jun 202530 June 2025 | 1,086 sqft | 790,000 | 727 | ||
| 17 Oct 202417 October 2024 | 1,086 sqft | 650,000 | 598 | ||
| 1 Mar 20241 March 2024 | 1,013 sqft | 500,000 | 493 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 840 sqft | AED 610KAED 610,000 · May 2014May 2014 | 45,150 /yr | |
| 502 | 3-bed | 1,738 sqft | AED 710KAED 710,076 · May 2014May 2014 | 71,500 /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 |
503, Mazaya 23 in numbers
- Sold 3 times: first on 21 May 2014 for AED 1,043,751, last on 10 September 2018 for AED 800,000 (AED 498 per sqft).
- Rented since November 2014 on 4 Ejari contracts, from AED 75,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2018 price is 6.0%, before a service charge of about AED 13,900 a year (AED 12.38 per sqft).
- Two-beds in Mazaya 23 sold for AED 850,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 836 per sqft.
Source: Dubai Land Department. Updated 10 March 2023.
Questions about 503, Mazaya 23
What did unit 503 last sell for?
AED 800,000 on 10 September 2018: AED 498 per sqft for 1,124 sqft. The unit has 3 registered sales; the first was AED 1,043,751 in May 2014.
What is the rent for unit 503?
AED 48,000 a year on the contract signed on 10 March 2023. The previous contract, from March 2022, was AED 48,000; the unit has been rented since November 2014.
How big is unit 503?
1,124 sqft (104.4 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2013.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 23 sold for AED 850,000 to 850,000 in the last 12 months, around AED 771 per sqft.
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Mortgage on 503, Mazaya 23
Starts from the last sale price (AED 800K, 10 September 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →