2-bed · 1,117 sqftMazaya 31, Liwan · 5th floor · completed 2013

510, Mazaya 31

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 510 · DLD and Ejari recordsUpdated 14 February 2024
Last soldAED 650K14 February 2024
Current rentAED 38K /yr8 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Mazaya 31

What is 510 worth today?

Last sold for AED 650,000 in 2024

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14 Feb 2024SoldReady
AED 650,000AED 581 per sqft
8 Apr 2022RentedRenewal
AED 38,000/yr12 months · AED 34 per sqft
8 Apr 2020RentedNew contract
AED 40,000/yr12 months · AED 36 per sqft
1 Aug 2019RentedNew contract
AED 48,000/yr12 months · AED 43 per sqft
1 Jul 2018RentedNew contract
AED 58,000/yr12 months · AED 52 per sqft
12 May 2015RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft
5 May 2009Sold by developerOff-plan
AED 786,735AED 704 per sqft

Source: Dubai Land Department. Updated 14 February 2024.

Key facts

Type
2-bed apartment
Size
1,117 sqft
Floor
5th of 5
Parking
G-43
Developer
Al Mazaya Real Estate
Completed
2013
Service charge
AED 12,400 /yr
Last sold
AED 650K · February 2024
Building
Mazaya 31

About 510, Mazaya 31

510 is a two-bedroom apartment of 1,117 sqft on the 5th floor of Mazaya 31, a 5-storey tower in Liwan completed in 2013 by Al Mazaya Real Estate. It last sold on 14 February 2024 for AED 650,000, or AED 581 per sqft, 34% above the AED 435 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 8 April 2022, is AED 38,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 12,400 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical two-bed in Mazaya 31
400K600K800K20092013201720212025Typical sale price by year: 2009 AED 824,807; 2014 AED 449,370; 2015 AED 447,348; 2018 AED 517,500; 2023 AED 575,000; 2024 AED 650,000Sold by developer, May 2009: AED 786,735 (AED 704 per sqft)Sold, February 2024: AED 650,000 (AED 581 per sqft)

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

Rents
Unit 510, each contractTypical two-bed in Mazaya 31
40K60K80K20142017202020232026Typical rent by year: 2014 AED 75,000; 2015 AED 70,000; 2016 AED 71,000; 2017 AED 59,000; 2018 AED 57,000; 2019 AED 47,000; 2020 AED 40,000; 2021 AED 38,000; 2022 AED 41,000; 2023 AED 50,000; 2024 AED 52,125; 2025 AED 65,000New contract, May 2015: AED 65,000 a yearNew contract, July 2018: AED 58,000 a yearNew contract, August 2019: AED 48,000 a yearNew contract, April 2020: AED 40,000 a yearRenewal, April 2022: AED 38,000 a year

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 510 sits

All 20 2-beds →

510 last sold in February 2024 at AED 581 per sqft, 34% above what two-beds in Mazaya 31 were fetching at the time (AED 435). 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 salesUnit no.Price (AED)Summary
20 Jan 2026750,000
14 May 2025745,000
14 Feb 2025845,000
10 Dec 2024655,000
1 2-bed sale in the last 12 months

Mazaya 31

Building

61 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%
Mazaya 31, Liwan: prices, sales and rents →

Other units on the 5th floor

All 61 units in Mazaya 31
Value
5013-bedAED 868K · Jun 2024
5021-bedAED 295K · Aug 2022
5032-bedAED 797K · Jan 2015
5041-bedAED 490K · Nov 2024
5051-bedAED 493K · Sep 2024
5061-bedAED 618K · May 2009
5072-bedAED 449K · Nov 2014
1–7 of 11

510, Mazaya 31 in numbers

  • Sold twice: first on 5 May 2009 for AED 786,735, last on 14 February 2024 for AED 650,000 (AED 581 per sqft).
  • Rented since May 2015 on 5 Ejari contracts, from AED 65,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 12,400 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 14 February 2024.

Questions about 510, Mazaya 31

What did unit 510 last sell for?

AED 650,000 on 14 February 2024: AED 581 per sqft for 1,117 sqft. The unit has 2 registered sales; the first was AED 786,735 in May 2009.

What is the rent for unit 510?

AED 38,000 a year on the contract renewed on 8 April 2022. The previous contract, from April 2020, was AED 40,000; the unit has been rented since May 2015.

How big is unit 510?

1,117 sqft (103.8 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2013.

What is unit 510 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 510, Mazaya 31

Starts from the last sale price (AED 650K, 14 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →