1-bed · 930 sqftMazaya 24, Liwan · 5th floor · completed 2014

510, Mazaya 24

Sold prices and rental history: sold 4 times, last in June 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 330K2 June 2022
Current rentAED 43K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Mazaya 24

What is 510 worth today?

Last sold for AED 330,000 in 2022

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20 Sep 2024RentedRenewal
AED 43,000/yr12 months · AED 46 per sqft
20 Sep 2023RentedNew contract
AED 41,000/yr12 months · AED 44 per sqft
2 Jun 2022SoldReady
AED 330,000AED 354 per sqft
1 Jul 2016RentedNew contract
AED 30,000/yr60 months · AED 32 per sqft
16 Mar 2015SoldReady
AED 639,764AED 687 per sqft
17 Nov 2014SoldReady
AED 424,691AED 456 per sqft
9 Feb 2009Sold by developerOff-plan
AED 424,691AED 456 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
1-bed apartment
Size
930 sqft
Floor
5th of 5
Parking
G-48
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,200 /yr
Last sold
AED 330K · June 2022
Building
Mazaya 24

About 510, Mazaya 24

510 is a one-bedroom apartment of 930 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 2 June 2022 for AED 330,000, or AED 354 per sqft, 3% below the AED 366 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 43,000 a year: a gross yield of 13.0% on the 2022 price, before the service charge of about AED 11,200 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical one-bed in Mazaya 24
400K600K2009201420192024Typical 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 424,691 (AED 456 per sqft)Sold, November 2014: AED 424,691 (AED 456 per sqft)Sold, March 2015: AED 639,764 (AED 687 per sqft)Sold, June 2022: AED 330,000 (AED 354 per sqft)

510 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 510, 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, July 2016: AED 30,000 a yearNew contract, September 2023: AED 41,000 a yearRenewal, September 2024: AED 43,000 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 510 sits

All 44 1-beds →

510 last sold in June 2022 at AED 354 per sqft, 3% below what one-beds in Mazaya 24 were fetching at the time (AED 366). 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. 510's AED 43,000 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
5041-bedAED 523K · Feb 2009
5052-bedAED 499K · Dec 2020
5061-bedAED 500K · Oct 2015
5071-bedAED 500K · Jun 2025
1–7 of 12

510, Mazaya 24 in numbers

  • Sold 4 times: first on 9 February 2009 for AED 424,691, last on 2 June 2022 for AED 330,000 (AED 354 per sqft).
  • Rented since July 2016 on 3 Ejari contracts, from AED 30,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2022 price is 13.0%, before a service charge of about AED 11,200 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 20 September 2024.

Questions about 510, Mazaya 24

What did unit 510 last sell for?

AED 330,000 on 2 June 2022: AED 354 per sqft for 930 sqft. The unit has 4 registered sales; the first was AED 424,691 in February 2009.

What is the rent for unit 510?

AED 43,000 a year on the contract renewed on 20 September 2024. The previous contract, from September 2023, was AED 41,000; the unit has been rented since July 2016.

How big is unit 510?

930 sqft (86.4 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2014.

What is unit 510 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 510, Mazaya 24

Starts from the last sale price (AED 330K, 2 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 330,000
Deposit, UAE resident (20%)
AED 66,000
Deposit, non-resident (40%)
AED 132,000
Monthly over 25 years at 3.7%
AED 1,350

Plus AED 16,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →