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2-bed · 1,043 sqftMazaya 24, Liwan · 5th floor · completed 2014

501, Mazaya 24

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 20 July 2025
Last soldAED 485K27 April 2022
Current rentAED 35K /yr20 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Mazaya 24

What is 501 worth today?

Last sold for AED 485,000 in 2022

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20 Jul 2025RentedRenewal
AED 35,000/yr12 months · AED 34 per sqft
20 Jul 2024RentedRenewal
AED 35,000/yr12 months · AED 34 per sqft
20 Jul 2023RentedRenewal
AED 35,000/yr12 months · AED 34 per sqft
27 Apr 2022SoldReady
AED 485,000AED 465 per sqft
12 Jan 2021RentedRenewal
AED 42,000/yr12 months · AED 41 per sqft
12 Jan 2020RentedRenewal
AED 50,000/yr12 months · AED 48 per sqft
12 Jan 2019RentedRenewal
AED 55,000/yr12 months · AED 53 per sqft
12 Jan 2018RentedNew contract
AED 58,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 20 July 2025.

Key facts

Type
2-bed apartment
Size
1,043 sqft
Floor
5th of 5
Parking
G-52
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,600 /yr
Last sold
AED 485K · April 2022
Building
Mazaya 24

About 501, Mazaya 24

501 is a two-bedroom apartment of 1,043 sqft on the 5th floor of Mazaya 24, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 27 April 2022 for AED 485,000, or AED 465 per sqft.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 20 July 2025, is AED 35,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 12,600 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Mazaya 24
500K750K20092013201720212025Typical sale price by year: 2009 AED 771,295; 2014 AED 762,000; 2015 AED 448,734; 2016 AED 582,500; 2024 AED 665,000Sold by developer, February 2009: AED 909,862 (AED 872 per sqft)Sold, April 2022: AED 485,000 (AED 465 per sqft)

501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, each contractTypical two-bed in Mazaya 24
40K60K2014201820222026Typical rent by year: 2014 AED 68,500; 2015 AED 70,000; 2016 AED 67,000; 2017 AED 60,000; 2018 AED 57,000; 2019 AED 48,000; 2020 AED 41,500; 2021 AED 35,000; 2022 AED 38,800; 2023 AED 48,000; 2024 AED 56,563; 2025 AED 62,500New contract, December 2014: AED 65,000 a yearNew contract, December 2014: AED 65,000 a yearNew contract, January 2016: AED 65,000 a yearNew contract, January 2018: AED 58,000 a yearRenewal, January 2019: AED 55,000 a yearRenewal, January 2020: AED 50,000 a yearRenewal, January 2021: AED 42,000 a yearRenewal, July 2023: AED 35,000 a yearRenewal, July 2024: AED 35,000 a yearRenewal, July 2025: AED 35,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 24, and where 501 sits

All 20 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
19 Nov 2024675,000
12 Jun 2024665,000
1 May 2024625,000
17 May 2023550,000
0 2-bed sales in the last 12 months

Mazaya 24

Building

65 apartments, 1-bed to 2-bed over 5 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 877
Typical sale
AED 500K
Typical rent
AED 45K /yr
Typical yield
8.7%
Mazaya 24, Liwan: prices, sales and rents →

Other units on the 5th floor

All 65 units in Mazaya 24
Value
5021-bedAED 355K · Apr 2022
5031-bedAED 175K · May 2023
5041-bedAED 523K · Feb 2009
5052-bedAED 499K · Dec 2020
5061-bedAED 500K · Oct 2015
5071-bedAED 500K · Jun 2025
5082-bedAED 665K · Jun 2024
1–7 of 12

501, Mazaya 24 in numbers

  • Sold twice: first on 8 February 2009 for AED 909,862, last on 27 April 2022 for AED 485,000 (AED 465 per sqft).
  • Rented since December 2014 on 10 Ejari contracts, from AED 65,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 12,600 a year (AED 12.09 per sqft).

Source: Dubai Land Department. Updated 20 July 2025.

Questions about 501, Mazaya 24

What did unit 501 last sell for?

AED 485,000 on 27 April 2022: AED 465 per sqft for 1,043 sqft. The unit has 2 registered sales; the first was AED 909,862 in February 2009.

What is the rent for unit 501?

AED 35,000 a year on the contract renewed on 20 July 2025. The previous contract, from July 2024, was AED 35,000; the unit has been rented since December 2014.

How big is unit 501?

1,043 sqft (96.9 sqm): a two-bedroom apartment on the 5th floor of a 5-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 24

Starts from the last sale price (AED 485K, 27 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →