Home
Dubai prices
About
Research
1-bed · 845 sqftMazaya 28, Liwan · 5th floor · completed 2013

506, Mazaya 28

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 400K6 April 2024
Current rentAED 37K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 506

Property timeline for 506, Mazaya 28

What is 506 worth today?

Last sold for AED 400,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Apr 2025RentedNew contract
AED 37,000/yr12 months · AED 44 per sqft
6 Apr 2024SoldReady
AED 400,000AED 473 per sqft
1 Apr 2023RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
1 Mar 2021RentedNew contract
AED 26,000/yr12 months · AED 31 per sqft
14 Jan 2020RentedRenewal
AED 38,250/yr12 months · AED 45 per sqft
14 Jan 2019RentedRenewal
AED 50,000/yr12 months · AED 59 per sqft
14 Jan 2017RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
14 Feb 2016RentedNew contract
AED 54,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
1-bed apartment
Size
845 sqft
Floor
5th of 5
Parking
G-48
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 9,800 /yr
Last sold
AED 400K · April 2024
Building
Mazaya 28

About 506, Mazaya 28

506 is a one-bedroom apartment of 845 sqft on the 5th floor of Mazaya 28, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 6 April 2024 for AED 400,000, or AED 473 per sqft, in line with the AED 473 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 April 2025, is AED 37,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 9,800 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Mazaya 28
400K600K20092013201720212025Typical sale price by year: 2009 AED 449,283; 2014 AED 374,838; 2015 AED 600,000; 2016 AED 590,000; 2018 AED 405,000; 2022 AED 360,000; 2024 AED 400,000Sold by developer, July 2015: AED 639,828 (AED 757 per sqft)Sold, April 2024: AED 400,000 (AED 473 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in Mazaya 28
40K20142017202020232026Typical rent by year: 2014 AED 45,000; 2015 AED 52,000; 2016 AED 54,500; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 37,000; 2020 AED 28,000; 2021 AED 26,500; 2022 AED 29,450; 2023 AED 35,000; 2024 AED 42,000; 2025 AED 46,000New contract, February 2016: AED 54,000 a yearNew contract, January 2017: AED 50,000 a yearRenewal, January 2019: AED 50,000 a yearRenewal, January 2020: AED 38,250 a yearNew contract, March 2021: AED 26,000 a yearNew contract, April 2023: AED 34,000 a yearNew contract, April 2025: AED 37,000 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 28, and where 506 sits

All 34 1-beds →

506 last sold in April 2024 at AED 473 per sqft, in line with what one-beds in Mazaya 28 were fetching at the time (AED 473). 506's AED 37,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Apr 2025460,000
10 Mar 2025480,000
12 Nov 2024460,000
11 Nov 2024420,000
0 1-bed sales in the last 12 months

Mazaya 28

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 2 sold in the last 12 months.

Typical price per sqft
AED 675
Typical sale
AED 945K
Typical rent
AED 49K /yr
Typical yield
10.0%
Mazaya 28, Liwan: prices, sales and rents →

Other units on the 5th floor

All 61 units in Mazaya 28
Value
5013-bedAED 1.12M · Apr 2025
5021-bedAED 449K · Apr 2009
5032-bedAED 725K · Jul 2025
5041-bedAED 616K · Apr 2009
5051-bedAED 320K · May 2023
5072-bedAED 790K · Oct 2014
5081-bedAED 480K · Mar 2025
1–7 of 11

506, Mazaya 28 in numbers

  • Sold twice: first on 26 July 2015 for AED 639,828, last on 6 April 2024 for AED 400,000 (AED 473 per sqft).
  • Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 54,000 to AED 26,000 in 2021 and recovered to AED 37,000 by April 2025.
  • At AED 37,000 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 9,800 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 1 April 2025.

Questions about 506, Mazaya 28

What did unit 506 last sell for?

AED 400,000 on 6 April 2024: AED 473 per sqft for 845 sqft. The unit has 2 registered sales; the first was AED 639,828 in July 2015.

What is the rent for unit 506?

AED 37,000 a year on the contract signed on 1 April 2025. The previous contract, from April 2023, was AED 34,000; the unit has been rented since February 2016.

How big is unit 506?

845 sqft (78.5 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2013.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 506, Mazaya 28

Starts from the last sale price (AED 400K, 6 April 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 →