507, Mazaya 31
Sold prices and rental history: sold once, by the developer in November 2014, 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 507, Mazaya 31
What is 507 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,096 sqft
- Floor
- 5th of 5
- Parking
- G-51
- Developer
- Al Mazaya Real Estate
- Completed
- 2013
- Service charge
- AED 12,100 /yr
- Last sold
- AED 449K · November 2014
- Building
- Mazaya 31
About 507, Mazaya 31
507 is a two-bedroom apartment of 1,096 sqft on the 5th floor of Mazaya 31, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. The developer sold it on 17 November 2014 for AED 449,370, or AED 409 per sqft, 15% above the AED 355 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 67,000 a year: a gross yield of 14.9% on the 2014 price, before the service charge of about AED 12,100 a year.
Sales and rents for 507 over time
507 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 31, and where 507 sits
All 20 2-beds →507 last sold in November 2014 at AED 409 per sqft, 15% above what two-beds in Mazaya 31 were fetching at the time (AED 355). Over the last 12 months two-beds sold for AED 750,000, around AED 671 per sqft, and rent for AED 70,000 to 74,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202620 January 2026 | 1,117 sqft | 750,000 | 671 | ||
| 14 May 202514 May 2025 | 1,117 sqft | 745,000 | 667 | ||
| 14 Feb 202514 February 2025 | 1,711 sqft | 845,000 | 493 | ||
| 10 Dec 202410 December 2024 | 1,117 sqft | 655,000 | 586 |
Mazaya 31
Building61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2013 by Al Mazaya Real Estate. 3 sold in the last 12 months.
- Typical price per sqft
- AED 671
- Typical sale
- AED 500K
- Typical rent
- AED 54K /yr
- Typical yield
- 10.1%
Other units on the 5th floor
All 61 units in Mazaya 31| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,753 sqft | AED 868KAED 867,500 · Jun 2024June 2024 | 105,000 /yr | |
| 502 | 1-bed | 628 sqft | AED 295KAED 295,000 · Aug 2022August 2022 | 24,000 /yr | |
| 503 | 2-bed | 1,115 sqft | AED 797KAED 797,083 · Jan 2015January 2015 | 56,826 /yr | |
| 504 | 1-bed | 856 sqft | AED 490KAED 490,000 · Nov 2024November 2024 | 37,800 /yr | |
| 505 | 1-bed | 833 sqft | AED 493KAED 493,000 · Sep 2024September 2024 | 58,000 /yr | |
| 506 | 1-bed | 845 sqft | AED 618KAED 618,121 · May 2009May 2009 | 40,425 /yr | |
| 508 | 1-bed | 628 sqft | AED 263KAED 262,500 · Mar 2016March 2016 | 51,500 /yr | |
| 509 | 1-bed | 636 sqft | AED 223KAED 223,154 · Nov 2014November 2014 | 31,000 /yr | |
| 510 | 2-bed | 1,117 sqft | AED 650KAED 650,000 · Feb 2024February 2024 | 38,000 /yr | |
| 511 | 1-bed | 889 sqft | AED 485KAED 485,000 · Sep 2024September 2024 | 50,000 /yr | |
| 512 | 2-bed | 1,714 sqft | AED 1.19MAED 1,194,991 · May 2009May 2009 | 61,374 /yr |
507, Mazaya 31 in numbers
- Sold once: by Al Mazaya Real Estate on 17 November 2014 for AED 449,370, or AED 409 per sqft.
- Rented since November 2014 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 38,000 in 2021 and recovered to AED 67,000 by March 2025.
- At AED 67,000 a year the gross yield on the 2014 price is 14.9%, before a service charge of about AED 12,100 a year (AED 11.07 per sqft).
- Two-beds in Mazaya 31 sold for AED 750,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 671 per sqft.
Source: Dubai Land Department. Updated 1 March 2025.
Questions about 507, Mazaya 31
What did unit 507 last sell for?
AED 449,370 on 17 November 2014, sold by the developer: AED 409 per sqft for 1,096 sqft. It is the only registered sale of the unit.
What is the rent for unit 507?
AED 67,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 67,000; the unit has been rented since November 2014.
How big is unit 507?
1,096 sqft (101.8 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2013.
What is unit 507 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 31 sold for AED 750,000 to 750,000 in the last 12 months, around AED 671 per sqft.
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Mortgage on 507, Mazaya 31
Starts from the last sale price (AED 449K, 17 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 449,370
- Deposit, UAE resident (20%)
- AED 89,874
- Deposit, non-resident (40%)
- AED 179,748
- Monthly over 25 years at 3.7%
- AED 1,839
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →