2-bed · 1,113 sqftMazaya 32, Liwan · 5th floor · completed 2015

503, Mazaya 32

Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 768K23 March 2016
Current rentAED 58K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Mazaya 32

What is 503 worth today?

Last sold for AED 767,961 in 2016

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10 Mar 2025RentedRenewal
AED 58,000/yr12 months · AED 52 per sqft
10 Mar 2024RentedRenewal
AED 55,000/yr12 months · AED 49 per sqft
10 Mar 2023RentedNew contract
AED 52,000/yr12 months · AED 47 per sqft
18 Aug 2021RentedRenewal
AED 45,000/yr6 months · AED 40 per sqft
18 Aug 2020RentedRenewal
AED 48,000/yr12 months · AED 43 per sqft
18 Aug 2019RentedRenewal
AED 58,000/yr12 months · AED 52 per sqft
18 Aug 2017RentedNew contract
AED 63,000/yr12 months · AED 57 per sqft
1 May 2016RentedNew contract
AED 68,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
2-bed apartment
Size
1,113 sqft
Floor
5th of 5
Parking
G-47
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 11,900 /yr
Last sold
AED 768K · March 2016
Building
Mazaya 32

About 503, Mazaya 32

503 is a two-bedroom apartment of 1,113 sqft on the 5th floor of Mazaya 32, a 5-storey tower in Liwan completed in 2015 by Al Mazaya Real Estate. The developer sold it on 23 March 2016 for AED 767,961, or AED 689 per sqft, in line with the AED 689 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 58,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 11,900 a year.

Sales and rents for 503 over time

Rents
Unit 503, each contractTypical two-bed in Mazaya 32
40K60K2016201920222025Typical rent by year: 2016 AED 69,500; 2017 AED 64,500; 2018 AED 62,500; 2019 AED 56,500; 2020 AED 47,000; 2021 AED 43,000; 2022 AED 46,500; 2023 AED 51,500; 2024 AED 57,500; 2025 AED 64,000New contract, May 2016: AED 68,000 a yearNew contract, August 2017: AED 63,000 a yearRenewal, August 2019: AED 58,000 a yearRenewal, August 2020: AED 48,000 a yearRenewal, August 2021: AED 45,000 a yearNew contract, March 2023: AED 52,000 a yearRenewal, March 2024: AED 55,000 a yearRenewal, March 2025: AED 58,000 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 32, and where 503 sits

All 21 2-beds →

503 last sold in March 2016 at AED 689 per sqft, in line with what two-beds in Mazaya 32 were fetching at the time (AED 689).

Recent 2-bed salesUnit no.Price (AED)Summary
7 Dec 2016767,664
22 Nov 2016767,813
22 Sep 20161,147,976
30 Jun 2016767,813
0 2-bed sales in the last 12 months

Mazaya 32

Building

61 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2015 by Al Mazaya Real Estate. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 52K /yr
Typical yield
Mazaya 32, Liwan: prices, sales and rents →

Other units on the 5th floor

All 61 units in Mazaya 32
Value
5013-bedAED 1.13M · Mar 2016
5021-bedAED 460K · Jul 2017
5041-bedAED 620K · Aug 2017
5051-bedAED 576K · Mar 2016
5061-bedAED 608K · Mar 2016
5072-bedAED 752K · Mar 2016
5081-bedAED 460K · Apr 2016
1–7 of 11

503, Mazaya 32 in numbers

  • Sold once: by Al Mazaya Real Estate on 23 March 2016 for AED 767,961, or AED 689 per sqft.
  • Rented since May 2016 on 8 Ejari contracts. The rent fell from AED 68,000 to AED 45,000 in 2021 and recovered to AED 58,000 by March 2025.
  • At AED 58,000 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 11,900 a year (AED 10.65 per sqft).

Source: Dubai Land Department. Updated 10 March 2025.

Questions about 503, Mazaya 32

What did unit 503 last sell for?

AED 767,961 on 23 March 2016, sold by the developer: AED 689 per sqft for 1,113 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 58,000 a year on the contract renewed on 10 March 2025. The previous contract, from March 2024, was AED 55,000; the unit has been rented since May 2016.

How big is unit 503?

1,113 sqft (103.4 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2015.

What is unit 503 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 503, Mazaya 32

Starts from the last sale price (AED 768K, 23 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 767,961
Deposit, UAE resident (20%)
AED 153,592
Deposit, non-resident (40%)
AED 307,184
Monthly over 25 years at 3.7%
AED 3,142

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