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1-bed · 628 sqftMazaya 27, Liwan · 5th floor · completed 2013

508, Mazaya 27

Sold prices and rental history: sold twice, last in July 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 11 December 2022
Last soldAED 431K20 July 2014
Current rentAED 28K /yr11 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Mazaya 27

What is 508 worth today?

Last sold for AED 430,997 in 2014

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11 Dec 2022RentedNew contract
AED 28,000/yr12 months · AED 45 per sqft
20 Mar 2022RentedRenewal
AED 26,000/yr12 months · AED 41 per sqft
20 Mar 2021RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
20 Mar 2020RentedNew contract
AED 29,000/yr12 months · AED 46 per sqft
15 Mar 2017RentedRenewal
AED 48,000/yr12 months · AED 77 per sqft
15 Mar 2015RentedNew contract
AED 48,000/yr12 months · AED 77 per sqft
20 Jul 2014SoldReady
AED 430,997AED 685 per sqft
26 Apr 2009Sold by developerOff-plan · flagged as an outlier
AED 652AED 1 per sqft

Source: Dubai Land Department. Updated 11 December 2022.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
5th of 5
Parking
G-28
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 7,000 /yr
Last sold
AED 431K · July 2014
Building
Mazaya 27

About 508, Mazaya 27

508 is a one-bedroom apartment of 628 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 20 July 2014 for AED 430,997, or AED 685 per sqft, 6% above the AED 644 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 11 December 2022, is AED 28,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 7,000 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, July 2014: AED 430,997 (AED 685 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in Mazaya 27
20K40K2014201820222026Typical 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 48,000New contract, March 2015: AED 48,000 a yearRenewal, March 2017: AED 48,000 a yearNew contract, March 2020: AED 29,000 a yearNew contract, March 2021: AED 24,000 a yearRenewal, March 2022: AED 26,000 a yearNew contract, December 2022: AED 28,000 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 508 sits

All 35 1-beds →

508 last sold in July 2014 at AED 685 per sqft, 6% above what one-beds in Mazaya 27 were fetching at the time (AED 644). 508's AED 28,000 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
5 Feb 2024400,000
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
5041-bedAED 400K · Feb 2024
5051-bedAED 495K · Mar 2016
5061-bedAED 331K · Dec 2016
5072-bedAED 485K · Jul 2023
1–7 of 11

508, Mazaya 27 in numbers

  • Sold twice: first on 26 April 2009 for AED 652, last on 20 July 2014 for AED 430,997 (AED 685 per sqft).
  • Rented since March 2015 on 6 Ejari contracts. The rent fell from AED 48,000 to AED 24,000 in 2021 and recovered to AED 28,000 by December 2022.
  • At AED 28,000 a year the gross yield on the 2014 price is 6.5%, before a service charge of about AED 7,000 a year (AED 11.18 per sqft).

Source: Dubai Land Department. Updated 11 December 2022.

Questions about 508, Mazaya 27

What did unit 508 last sell for?

AED 430,997 on 20 July 2014: AED 685 per sqft for 628 sqft. The unit has 2 registered sales; the first was AED 652 in April 2009.

What is the rent for unit 508?

AED 28,000 a year on the contract signed on 11 December 2022. The previous contract, from March 2022, was AED 26,000; the unit has been rented since March 2015.

How big is unit 508?

628 sqft (58.3 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2013.

What is unit 508 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 508, Mazaya 27

Starts from the last sale price (AED 431K, 20 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 430,997
Deposit, UAE resident (20%)
AED 86,199
Deposit, non-resident (40%)
AED 172,399
Monthly over 25 years at 3.7%
AED 1,763

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