2-bed · 1,502 sqftMazaya 01, Liwan · 7th floor · completed 2014

702, Mazaya 01

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 7 March 2023
Last soldAED 565K7 March 2023
Current rentAED 49K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Mazaya 01

What is 702 worth today?

Last sold for AED 565,000 in 2023

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7 Mar 2023SoldReady
AED 565,000AED 376 per sqft
1 Aug 2022RentedNew contract
AED 49,000/yr12 months · AED 33 per sqft
1 Aug 2022RentedRenewal
AED 49,000/yr12 months · AED 33 per sqft
1 Jul 2021RentedRenewal
AED 48,000/yr13 months · AED 32 per sqft
1 Jun 2020RentedRenewal
AED 52,000/yr13 months · AED 35 per sqft
1 Jun 2019RentedNew contract
AED 57,000/yr12 months · AED 38 per sqft
1 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 43 per sqft
9 Oct 2017RentedNew contract
AED 75,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 7 March 2023.

Key facts

Type
2-bed apartment
Size
1,502 sqft
Floor
7th of 9
Parking
G-06
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 15,400 /yr
Last sold
AED 565K · March 2023
Building
Mazaya 01

About 702, Mazaya 01

702 is a two-bedroom apartment of 1,502 sqft on the 7th floor of Mazaya 01, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 7 March 2023 for AED 565,000, or AED 376 per sqft, 5% below the AED 396 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 August 2022, is AED 49,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 15,400 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Mazaya 01
500K1M2009201420192024Typical sale price by year: 2009 AED 791,735; 2014 AED 772,310; 2015 AED 668,204; 2021 AED 450,000; 2022 AED 555,500; 2023 AED 580,000; 2024 AED 523,388; 2025 AED 765,000Sold by developer, August 2014: AED 1,001,536 (AED 666 per sqft)Sold, March 2023: AED 565,000 (AED 376 per sqft)

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

Rents
Unit 702, each contractTypical two-bed in Mazaya 01
50K75K2014201820222026Typical rent by year: 2014 AED 76,500; 2015 AED 75,000; 2016 AED 70,000; 2017 AED 66,520; 2018 AED 59,250; 2019 AED 50,500; 2020 AED 43,000; 2021 AED 39,000; 2022 AED 40,000; 2023 AED 49,200; 2024 AED 57,563; 2025 AED 62,000; 2026 AED 62,250New contract, September 2014: AED 85,000 a yearNew contract, October 2017: AED 75,000 a yearNew contract, November 2018: AED 65,000 a yearNew contract, June 2019: AED 57,000 a yearRenewal, June 2020: AED 52,000 a yearRenewal, July 2021: AED 48,000 a yearNew contract, August 2022: AED 49,000 a yearRenewal, August 2022: AED 49,000 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 01, and where 702 sits

All 24 2-beds →

702 last sold in March 2023 at AED 376 per sqft, 5% below what two-beds in Mazaya 01 were fetching at the time (AED 396). Over the last 12 months two-beds sold for AED 750,000 to 800,000, around AED 670 per sqft, and rent for AED 57,750 to 74,000 a year. 702's AED 49,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Apr 2026800,000
8 Jan 2026750,000
30 Sep 2025800,000
31 Jul 2025800,000
2 2-bed sales in the last 12 months

Mazaya 01

Building

78 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 13 sold in the last 12 months.

Typical price per sqft
AED 742 Up 14.1%
Typical sale
AED 520K
Typical rent
AED 51K /yr
Typical yield
8.0%
Mazaya 01, Liwan: prices, sales and rents →

Other units on the 7th floor

All 78 units in Mazaya 01
Value
7012-bedAED 730K · Mar 2025
7032-bedAED 750K · Jan 2026
7041-bedAED 606K · Feb 2015
7052-bedAED 580K · May 2023
7062-bedAED 463K · Sep 2014
7072-bedAED 727K · Jul 2015
7081-bedAED 640K · Mar 2015

702, Mazaya 01 in numbers

  • Sold twice: first on 7 August 2014 for AED 1,001,536, last on 7 March 2023 for AED 565,000 (AED 376 per sqft).
  • Rented since September 2014 on 8 Ejari contracts, from AED 85,000 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 15,400 a year (AED 10.28 per sqft).
  • Two-beds in Mazaya 01 sold for AED 750,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 742 per sqft.

Source: Dubai Land Department. Updated 7 March 2023.

Questions about 702, Mazaya 01

What did unit 702 last sell for?

AED 565,000 on 7 March 2023: AED 376 per sqft for 1,502 sqft. The unit has 2 registered sales; the first was AED 1,001,536 in August 2014.

What is the rent for unit 702?

AED 49,000 a year on the contract signed on 1 August 2022. The previous contract, from August 2022, was AED 49,000; the unit has been rented since September 2014.

How big is unit 702?

1,502 sqft (139.5 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2014.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 01 sold for AED 750,000 to 800,000 in the last 12 months, around AED 670 per sqft.

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Mortgage on 702, Mazaya 01

Starts from the last sale price (AED 565K, 7 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

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