503, Mazaya 24
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Mazaya 24
What is 503 worth today?
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Source: Dubai Land Department. Updated 5 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 717 sqft
- Floor
- 5th of 5
- Parking
- G-17
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 8,700 /yr
- Last sold
- AED 175K · May 2023
- Building
- Mazaya 24
About 503, Mazaya 24
503 is a one-bedroom apartment of 717 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 22 May 2023 for AED 175,000, or AED 488 per sqft, 16% above the AED 421 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 5 August 2025, is AED 39,000 a year: a gross yield of 22.3% on the 2023 price, before the service charge of about AED 8,700 a year.
Sales and rents for 503 over time
503 has sold twice; 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 24, and where 503 sits
All 44 1-beds →503 last sold in May 2023 at AED 488 per sqft, 16% above what one-beds in Mazaya 24 were fetching at the time (AED 421). Over the last 12 months one-beds sold for AED 425,444 to 560,000, around AED 877 per sqft, and rent for AED 33,000 to 56,000 a year. 503's AED 39,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 720 sqft | 425,444 | 590 | ||
| 6 Feb 20266 February 2026 | 567 sqft | 560,000 | 988 | ||
| 21 Jan 202621 January 2026 | 570 sqft | 550,000 | 964 | ||
| 14 Jan 202614 January 2026 | 570 sqft | 450,000 | 789 |
Mazaya 24
Building65 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%
Other units on the 5th floor
All 65 units in Mazaya 24| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,043 sqft | AED 485KAED 485,000 · Apr 2022April 2022 | 35,000 /yr | |
| 502 | 1-bed | 731 sqft | AED 355KAED 355,000 · Apr 2022April 2022 | 36,000 /yr | |
| 504 | 1-bed | 725 sqft | AED 523KAED 523,466 · Feb 2009February 2009 | 34,685 /yr | |
| 505 | 2-bed | 1,045 sqft | AED 499KAED 499,000 · Dec 2020December 2020 | 65,000 /yr | |
| 506 | 1-bed | 562 sqft | AED 500KAED 500,000 · Oct 2015October 2015 | 33,000 /yr | |
| 507 | 1-bed | 571 sqft | AED 500KAED 500,000 · Jun 2025June 2025 | 38,500 /yr | |
| 508 | 2-bed | 1,054 sqft | AED 665KAED 665,000 · Jun 2024June 2024 | 70,000 /yr | |
| 509 | 1-bed | 930 sqft | No registered sale | ||
| 510 | 1-bed | 930 sqft | AED 330KAED 330,000 · Jun 2022June 2022 | 43,000 /yr | |
| 511 | 2-bed | 1,053 sqft | AED 550KAED 550,000 · May 2023May 2023 | 38,000 /yr | |
| 512 | 1-bed | 572 sqft | AED 480KAED 479,951 · Jun 2014June 2014 | 48,000 /yr | |
| 513 | 1-bed | 564 sqft | AED 300KAED 300,000 · Nov 2023November 2023 | 60,000 /yr |
503, Mazaya 24 in numbers
- Sold twice: first on 9 February 2009 for AED 541,278, last on 22 May 2023 for AED 175,000 (AED 488 per sqft).
- Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 28,000 in 2021 and recovered to AED 39,000 by August 2025.
- At AED 39,000 a year the gross yield on the 2023 price is 22.3%, before a service charge of about AED 8,700 a year (AED 12.09 per sqft).
- One-beds in Mazaya 24 sold for AED 425,444–560,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.
Source: Dubai Land Department. Updated 5 August 2025.
Questions about 503, Mazaya 24
What did unit 503 last sell for?
AED 175,000 on 22 May 2023: AED 488 per sqft for 717 sqft. The unit has 2 registered sales; the first was AED 541,278 in February 2009.
What is the rent for unit 503?
AED 39,000 a year on the contract renewed on 5 August 2025. The previous contract, from August 2024, was AED 36,000; the unit has been rented since August 2015.
How big is unit 503?
717 sqft (66.6 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2014.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 24 sold for AED 425,444 to 560,000 in the last 12 months, around AED 877 per sqft.
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Mortgage on 503, Mazaya 24
Starts from the last sale price (AED 175K, 22 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 175,000
- Deposit, UAE resident (20%)
- AED 35,000
- Deposit, non-resident (40%)
- AED 70,000
- Monthly over 25 years at 3.7%
- AED 716
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →