705, Mazaya 01
Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Mazaya 01
What is 705 worth today?
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Source: Dubai Land Department. Updated 19 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,185 sqft
- Floor
- 7th of 9
- Parking
- G-22
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,200 /yr
- Last sold
- AED 580K · May 2023
- Building
- Mazaya 01
About 705, Mazaya 01
705 is a two-bedroom apartment of 1,185 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 19 May 2023 for AED 580,000, or AED 489 per sqft, 26% above the AED 388 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 April 2022, is AED 42,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 12,200 a year.
Sales and rents for 705 over time
705 has sold 4 times; 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 01, and where 705 sits
All 24 2-beds →705 last sold in May 2023 at AED 489 per sqft, 26% above what two-beds in Mazaya 01 were fetching at the time (AED 388). 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. 705's AED 42,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Apr 202614 April 2026 | 1,185 sqft | 800,000 | 675 | ||
| 8 Jan 20268 January 2026 | 1,128 sqft | 750,000 | 665 | ||
| 30 Sep 202530 September 2025 | 1,163 sqft | 800,000 | 687 | ||
| 31 Jul 202531 July 2025 | 1,575 sqft | 800,000 | 507 |
Mazaya 01
Building78 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%
Other units on the 7th floor
All 78 units in Mazaya 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,128 sqft | AED 730KAED 730,000 · Mar 2025March 2025 | 70,000 /yr | |
| 702 | 2-bed | 1,502 sqft | AED 565KAED 565,000 · Mar 2023March 2023 | 49,000 /yr | |
| 703 | 2-bed | 1,128 sqft | AED 750KAED 750,000 · Jan 2026January 2026 | 60,000 /yr | |
| 704 | 1-bed | 899 sqft | AED 606KAED 605,622 · Feb 2015February 2015 | 48,000 /yr | |
| 706 | 2-bed | 1,306 sqft | AED 463KAED 462,931 · Sep 2014September 2014 | 65,000 /yr | |
| 707 | 2-bed | 1,163 sqft | AED 727KAED 727,158 · Jul 2015July 2015 | 65,000 /yr | |
| 708 | 1-bed | 900 sqft | AED 640KAED 640,000 · Mar 2015March 2015 | 35,000 /yr |
705, Mazaya 01 in numbers
- Sold 4 times: first on 29 September 2014 for AED 387,504, last on 19 May 2023 for AED 580,000 (AED 489 per sqft).
- Rented since February 2018 on 4 Ejari contracts, from AED 63,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 12,200 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 19 May 2023.
Questions about 705, Mazaya 01
What did unit 705 last sell for?
AED 580,000 on 19 May 2023: AED 489 per sqft for 1,185 sqft. The unit has 4 registered sales; the first was AED 387,504 in September 2014.
What is the rent for unit 705?
AED 42,000 a year on the contract signed on 1 April 2022. The previous contract, from February 2020, was AED 50,000; the unit has been rented since February 2018.
How big is unit 705?
1,185 sqft (110.1 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2014.
What is unit 705 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 705, Mazaya 01
Starts from the last sale price (AED 580K, 19 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 580,000
- Deposit, UAE resident (20%)
- AED 116,000
- Deposit, non-resident (40%)
- AED 232,000
- Monthly over 25 years at 3.7%
- AED 2,373
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →