507, Mazaya 23
Sold prices and rental history: sold 4 times, last in November 2018, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Mazaya 23
What is 507 worth today?
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Source: Dubai Land Department. Updated 10 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 618 sqft
- Floor
- 5th of 6
- Parking
- G-16
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 7,700 /yr
- Last sold
- AED 400K · November 2018
- Building
- Mazaya 23
About 507, Mazaya 23
507 is a one-bedroom apartment of 618 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 12 November 2018 for AED 400,000, or AED 647 per sqft, 9% below the AED 710 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 10 April 2025, is AED 36,500 a year: a gross yield of 9.1% on the 2018 price, before the service charge of about AED 7,700 a year.
Sales and rents for 507 over time
507 has sold 4 times; 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 507 sits
All 35 1-beds →507 last sold in November 2018 at AED 647 per sqft, 9% below what one-beds in Mazaya 23 were fetching at the time (AED 710). 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. 507's AED 36,500 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 508 | 1-bed | 611 sqft | AED 550KAED 550,000 · Dec 2025December 2025 | 50,000 /yr |
507, Mazaya 23 in numbers
- Sold 4 times: first on 19 February 2009 for AED 452,401, last on 12 November 2018 for AED 400,000 (AED 647 per sqft).
- Rented since December 2016 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 24,000 in 2021 and recovered to AED 36,500 by April 2025.
- At AED 36,500 a year the gross yield on the 2018 price is 9.1%, before a service charge of about AED 7,700 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 10 April 2025.
Questions about 507, Mazaya 23
What did unit 507 last sell for?
AED 400,000 on 12 November 2018: AED 647 per sqft for 618 sqft. The unit has 4 registered sales; the first was AED 452,401 in February 2009.
What is the rent for unit 507?
AED 36,500 a year on the contract signed on 10 April 2025. The previous contract, from April 2023, was AED 28,200; the unit has been rented since December 2016.
How big is unit 507?
618 sqft (57.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2013.
What is unit 507 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 507, Mazaya 23
Starts from the last sale price (AED 400K, 12 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →