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1-bed · 856 sqftMazaya 27, Liwan · 5th floor · completed 2013

504, Mazaya 27

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 5 February 2024
Last soldAED 400K5 February 2024
Current rentAED 33K /yr25 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Mazaya 27

What is 504 worth today?

Last sold for AED 400,000 in 2024

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5 Feb 2024SoldReady
AED 400,000AED 467 per sqft
25 Apr 2023RentedRenewal
AED 33,000/yr12 months · AED 39 per sqft
25 Apr 2022RentedRenewal
AED 30,000/yr12 months · AED 35 per sqft
26 Apr 2020RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
15 Sep 2018RentedNew contract
AED 40,000/yr12 months · AED 46 per sqft
1 May 2017RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
1 Sep 2015RentedRenewal
AED 55,000/yr12 months · AED 64 per sqft
11 Mar 2015Sold by developerReady
AED 610,000AED 712 per sqft

Source: Dubai Land Department. Updated 5 February 2024.

Key facts

Type
1-bed apartment
Size
856 sqft
Floor
5th of 5
Parking
G-05
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 9,600 /yr
Last sold
AED 400K · February 2024
Building
Mazaya 27

About 504, Mazaya 27

504 is a one-bedroom apartment of 856 sqft on the 5th floor of Mazaya 27, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 5 February 2024 for AED 400,000, or AED 467 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 25 April 2023, is AED 33,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 9,600 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Mazaya 27
200K400K600K20092013201720212025Typical sale price by year: 2009 AED 195,463; 2011 AED 272,319; 2014 AED 272,319; 2015 AED 560,063; 2016 AED 413,178; 2024 AED 440,000Sold by developer, March 2015: AED 610,000 (AED 712 per sqft)Sold, February 2024: AED 400,000 (AED 467 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in Mazaya 27
40K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 52,000; 2016 AED 53,500; 2017 AED 49,500; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 27,500; 2022 AED 29,900; 2023 AED 34,650; 2024 AED 40,000; 2025 AED 47,000; 2026 AED 48,000Renewal, September 2015: AED 55,000 a yearNew contract, May 2017: AED 48,000 a yearNew contract, September 2018: AED 40,000 a yearNew contract, April 2020: AED 30,000 a yearRenewal, April 2022: AED 30,000 a yearRenewal, April 2023: AED 33,000 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 27, and where 504 sits

All 35 1-beds →

504's AED 33,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Apr 2025450,000
17 Dec 2024500,000
2 Sep 2024440,000
10 Jan 2022325,000
0 1-bed sales in the last 12 months

Mazaya 27

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 1 sold in the last 12 months.

Typical price per sqft
AED 716
Typical sale
AED 800K
Typical rent
AED 55K /yr
Typical yield
8.9%
Mazaya 27, Liwan: prices, sales and rents →

Other units on the 5th floor

All 61 units in Mazaya 27
Value
5013-bedAED 1.1M · Mar 2016
5021-bedAED 508K · Nov 2015
5032-bedAED 500K · Aug 2022
5051-bedAED 495K · Mar 2016
5061-bedAED 331K · Dec 2016
5072-bedAED 485K · Jul 2023
5081-bedAED 431K · Jul 2014
1–7 of 11

504, Mazaya 27 in numbers

  • Sold twice: first on 11 March 2015 for AED 610,000, last on 5 February 2024 for AED 400,000 (AED 467 per sqft).
  • Rented since September 2015 on 6 Ejari contracts, from AED 55,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 9,600 a year (AED 11.18 per sqft).

Source: Dubai Land Department. Updated 5 February 2024.

Questions about 504, Mazaya 27

What did unit 504 last sell for?

AED 400,000 on 5 February 2024: AED 467 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 610,000 in March 2015.

What is the rent for unit 504?

AED 33,000 a year on the contract renewed on 25 April 2023. The previous contract, from April 2022, was AED 30,000; the unit has been rented since September 2015.

How big is unit 504?

856 sqft (79.5 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2013.

What is unit 504 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 504, Mazaya 27

Starts from the last sale price (AED 400K, 5 February 2024). 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 →