1-bed · 725 sqftMazaya 24, Liwan · 5th floor · completed 2014

504, Mazaya 24

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 523K9 February 2009
Current rentAED 35K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Mazaya 24

What is 504 worth today?

Last sold for AED 523,466 in 2009

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15 Jul 2025RentedNew contract
AED 34,685/yr12 months · AED 48 per sqft
15 Jul 2022RentedNew contract
AED 29,000/yr12 months · AED 40 per sqft
20 Mar 2022RentedNew contract
AED 25,500/yr12 months · AED 35 per sqft
5 Mar 2021RentedNew contract
AED 25,000/yr12 months · AED 35 per sqft
1 Feb 2020RentedNew contract
AED 30,000/yr12 months · AED 42 per sqft
1 Jun 2019RentedNew contract
AED 33,000/yr12 months · AED 46 per sqft
5 May 2017RentedNew contract
AED 45,000/yr12 months · AED 62 per sqft
24 Mar 2016RentedNew contract
AED 52,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type
1-bed apartment
Size
725 sqft
Floor
5th of 5
Parking
G-22
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,800 /yr
Last sold
AED 523K · February 2009
Building
Mazaya 24

About 504, Mazaya 24

504 is a one-bedroom apartment of 725 sqft on the 5th floor of Mazaya 24, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 9 February 2009 for AED 523,466, or AED 722 per sqft, in line with the AED 720 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 15 July 2025, is AED 34,685 a year: a gross yield of 6.6% on the 2009 price, before the service charge of about AED 8,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Mazaya 24
300K400K500K2009201420192024Typical sale price by year: 2009 AED 423,391; 2014 AED 479,951; 2015 AED 489,196; 2016 AED 445,000; 2017 AED 418,695; 2022 AED 330,000; 2023 AED 313,750; 2024 AED 370,000; 2026 AED 500,000Sold by developer, February 2009: AED 523,466 (AED 722 per sqft)

504 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 504, each contractTypical one-bed in Mazaya 24
40K20152018202120242027Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 43,000; 2018 AED 40,250; 2019 AED 33,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 27,963; 2023 AED 33,000; 2024 AED 38,775; 2025 AED 45,000; 2026 AED 44,550New contract, March 2016: AED 52,000 a yearNew contract, May 2017: AED 45,000 a yearNew contract, June 2019: AED 33,000 a yearNew contract, February 2020: AED 30,000 a yearNew contract, March 2021: AED 25,000 a yearNew contract, March 2022: AED 25,500 a yearNew contract, July 2022: AED 29,000 a yearNew contract, July 2025: AED 34,685 a year

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 504 sits

All 44 1-beds →

504 last sold in February 2009 at AED 722 per sqft, in line with what one-beds in Mazaya 24 were fetching at the time (AED 720). 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. 504's AED 34,685 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 2026425,444
6 Feb 2026560,000
21 Jan 2026550,000
14 Jan 2026450,000
4 1-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
5012-bedAED 485K · Apr 2022
5021-bedAED 355K · Apr 2022
5031-bedAED 175K · May 2023
5052-bedAED 499K · Dec 2020
5061-bedAED 500K · Oct 2015
5071-bedAED 500K · Jun 2025
5082-bedAED 665K · Jun 2024
1–7 of 12

504, Mazaya 24 in numbers

  • Sold once: by Al Mazaya Real Estate on 9 February 2009 for AED 523,466, or AED 722 per sqft.
  • Rented since March 2016 on 8 Ejari contracts. The rent fell from AED 52,000 to AED 25,000 in 2021 and recovered to AED 34,685 by July 2025.
  • At AED 34,685 a year the gross yield on the 2009 price is 6.6%, before a service charge of about AED 8,800 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 15 July 2025.

Questions about 504, Mazaya 24

What did unit 504 last sell for?

AED 523,466 on 9 February 2009, sold by the developer: AED 722 per sqft for 725 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 34,685 a year on the contract signed on 15 July 2025. The previous contract, from July 2022, was AED 29,000; the unit has been rented since March 2016.

How big is unit 504?

725 sqft (67.4 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2014.

What is unit 504 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 504, Mazaya 24

Starts from the last sale price (AED 523K, 9 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 523,466
Deposit, UAE resident (20%)
AED 104,693
Deposit, non-resident (40%)
AED 209,386
Monthly over 25 years at 3.7%
AED 2,142

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