1-bed · 899 sqftMazaya 01, Liwan · 7th floor · completed 2014

704, Mazaya 01

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 7 March 2025
Last soldAED 606K1 February 2015
Current rentAED 48K /yr7 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Mazaya 01

What is 704 worth today?

Last sold for AED 605,622 in 2015

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7 Mar 2025RentedNew contract
AED 48,000/yr12 months · AED 53 per sqft
7 Mar 2025RentedNew contract
AED 48,000/yr12 months · AED 53 per sqft
8 Sep 2023RentedRenewal
AED 34,500/yr12 months · AED 38 per sqft
8 Sep 2022RentedNew contract
AED 34,500/yr12 months · AED 38 per sqft
1 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 33 per sqft
1 Sep 2019RentedRenewal
AED 33,000/yr12 months · AED 36 per sqft
1 Sep 2018RentedNew contract
AED 39,000/yr12 months · AED 43 per sqft
6 Aug 2017RentedNew contract
AED 52,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 7 March 2025.

Key facts

Type
1-bed apartment
Size
899 sqft
Floor
7th of 9
Parking
G-31
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,200 /yr
Last sold
AED 606K · February 2015
Building
Mazaya 01

About 704, Mazaya 01

704 is a one-bedroom apartment of 899 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 1 February 2015 for AED 605,622, or AED 673 per sqft, 4% above the AED 646 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 7 March 2025, is AED 48,000 a year: a gross yield of 7.9% on the 2015 price, before the service charge of about AED 9,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Mazaya 01
400K600K2009201420192024Typical sale price by year: 2009 AED 426,342; 2014 AED 426,342; 2015 AED 540,000; 2016 AED 660,000; 2017 AED 530,000; 2018 AED 385,000; 2022 AED 290,000; 2023 AED 336,500; 2024 AED 415,000; 2025 AED 480,000; 2026 AED 512,500Sold by developer, May 2009: AED 605,622 (AED 673 per sqft)Sold, February 2015: AED 605,622 (AED 673 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Mazaya 01
40K60K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 50,000; 2016 AED 50,000; 2017 AED 45,500; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 29,900; 2023 AED 34,500; 2024 AED 44,000; 2025 AED 48,000; 2026 AED 48,000New contract, August 2014: AED 55,000 a yearRenewal, August 2015: AED 55,000 a yearNew contract, August 2017: AED 52,000 a yearNew contract, September 2018: AED 39,000 a yearRenewal, September 2019: AED 33,000 a yearNew contract, December 2021: AED 30,000 a yearNew contract, September 2022: AED 34,500 a yearRenewal, September 2023: AED 34,500 a yearNew contract, March 2025: AED 48,000 a yearNew contract, March 2025: AED 48,000 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 01, and where 704 sits

All 50 1-beds →

704 last sold in February 2015 at AED 673 per sqft, 4% above what one-beds in Mazaya 01 were fetching at the time (AED 646). Over the last 12 months one-beds sold for AED 480,000 to 660,000, around AED 749 per sqft, and rent for AED 34,415 to 65,000 a year. 704's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2026480,000
1 Oct 2026510,000
24 Sep 2026480,000
14 Aug 2026515,000
11 1-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
7022-bedAED 565K · Mar 2023
7032-bedAED 750K · Jan 2026
7052-bedAED 580K · May 2023
7062-bedAED 463K · Sep 2014
7072-bedAED 727K · Jul 2015
7081-bedAED 640K · Mar 2015

704, Mazaya 01 in numbers

  • Sold twice: first on 10 May 2009 for AED 605,622, last on 1 February 2015 for AED 605,622 (AED 673 per sqft).
  • Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2021 and recovered to AED 48,000 by March 2025.
  • At AED 48,000 a year the gross yield on the 2015 price is 7.9%, before a service charge of about AED 9,200 a year (AED 10.28 per sqft).
  • One-beds in Mazaya 01 sold for AED 480,000–660,000 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 2025.

Questions about 704, Mazaya 01

What did unit 704 last sell for?

AED 605,622 on 1 February 2015: AED 673 per sqft for 899 sqft. The unit has 2 registered sales; the first was AED 605,622 in May 2009.

What is the rent for unit 704?

AED 48,000 a year on the contract signed on 7 March 2025. The previous contract, from March 2025, was AED 48,000; the unit has been rented since August 2014.

How big is unit 704?

899 sqft (83.5 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2014.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 01 sold for AED 480,000 to 660,000 in the last 12 months, around AED 749 per sqft.

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Mortgage on 704, Mazaya 01

Starts from the last sale price (AED 606K, 1 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 605,622
Deposit, UAE resident (20%)
AED 121,124
Deposit, non-resident (40%)
AED 242,249
Monthly over 25 years at 3.7%
AED 2,478

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