505, Mazaya 27
Sold prices and rental history: sold twice, last in March 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Mazaya 27
What is 505 worth today?
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Source: Dubai Land Department. Updated 18 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 833 sqft
- Floor
- 5th of 5
- Parking
- G-31
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 9,300 /yr
- Last sold
- AED 495K · March 2016
- Building
- Mazaya 27
About 505, Mazaya 27
505 is a one-bedroom apartment of 833 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 21 March 2016 for AED 495,000, or AED 594 per sqft, 15% below the AED 701 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 18 July 2024, is AED 52,000 a year: a gross yield of 10.5% on the 2016 price, before the service charge of about AED 9,300 a year.
Sales and rents for 505 over time
505 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 27, and where 505 sits
All 35 1-beds →505 last sold in March 2016 at AED 594 per sqft, 15% below what one-beds in Mazaya 27 were fetching at the time (AED 701). 505's AED 52,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Apr 202518 April 2025 | 628 sqft | 450,000 | 716 | ||
| 17 Dec 202417 December 2024 | 889 sqft | 500,000 | 562 | ||
| 2 Sep 20242 September 2024 | 628 sqft | 440,000 | 700 | ||
| 5 Feb 20245 February 2024 | 856 sqft | 400,000 | 467 |
Mazaya 27
Building61 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%
Other units on the 5th floor
All 61 units in Mazaya 27| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,746 sqft | AED 1.1MAED 1,095,000 · Mar 2016March 2016 | 120,000 /yr | |
| 502 | 1-bed | 628 sqft | AED 508KAED 508,257 · Nov 2015November 2015 | 40,000 /yr | |
| 503 | 2-bed | 1,115 sqft | AED 500KAED 500,000 · Aug 2022August 2022 | 37,000 /yr | |
| 504 | 1-bed | 856 sqft | AED 400KAED 400,000 · Feb 2024February 2024 | 33,000 /yr | |
| 506 | 1-bed | 845 sqft | AED 331KAED 331,355 · Dec 2016December 2016 | ||
| 507 | 2-bed | 1,096 sqft | AED 485KAED 485,000 · Jul 2023July 2023 | 58,000 /yr | |
| 508 | 1-bed | 628 sqft | AED 431KAED 430,997 · Jul 2014July 2014 | 28,000 /yr | |
| 509 | 1-bed | 630 sqft | AED 431KAED 430,997 · Apr 2009April 2009 | 39,715 /yr | |
| 510 | 2-bed | 1,117 sqft | AED 475KAED 475,000 · Mar 2022March 2022 | 30,000 /yr | |
| 511 | 1-bed | 889 sqft | AED 335KAED 335,000 · Sep 2021September 2021 | 28,750 /yr | |
| 512 | 2-bed | 1,714 sqft | AED 1.23MAED 1,233,218 · Jun 2015June 2015 | 63,000 /yr |
505, Mazaya 27 in numbers
- Sold twice: first on 20 July 2014 for AED 255,882, last on 21 March 2016 for AED 495,000 (AED 594 per sqft).
- Rented since August 2014 on 12 Ejari contracts. The rent fell from AED 60,000 to AED 24,000 in 2022 and recovered to AED 52,000 by July 2024.
- At AED 52,000 a year the gross yield on the 2016 price is 10.5%, before a service charge of about AED 9,300 a year (AED 11.18 per sqft).
Source: Dubai Land Department. Updated 18 July 2024.
Questions about 505, Mazaya 27
What did unit 505 last sell for?
AED 495,000 on 21 March 2016: AED 594 per sqft for 833 sqft. The unit has 2 registered sales; the first was AED 255,882 in July 2014.
What is the rent for unit 505?
AED 52,000 a year on the contract signed on 18 July 2024. The previous contract, from July 2023, was AED 35,200; the unit has been rented since August 2014.
How big is unit 505?
833 sqft (77.4 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2013.
What is unit 505 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 505, Mazaya 27
Starts from the last sale price (AED 495K, 21 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 495,000
- Deposit, UAE resident (20%)
- AED 99,000
- Deposit, non-resident (40%)
- AED 198,000
- Monthly over 25 years at 3.7%
- AED 2,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →