2-bed · 1,306 sqftMazaya 01, Liwan · 7th floor · completed 2014

706, Mazaya 01

Sold prices and rental history: sold once, by the developer in September 2014, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 1 October 2017
Last soldAED 463K1 September 2014
Current rentAED 65K /yr1 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Mazaya 01

What is 706 worth today?

Last sold for AED 462,931 in 2014

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1 Oct 2017RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
1 Sep 2016RentedNew contract
AED 78,000/yr12 months · AED 60 per sqft
1 Sep 2014Sold by developerReady
AED 462,931AED 354 per sqft
1 Sep 2014RentedNew contract
AED 78,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 October 2017.

Key facts

Type
2-bed apartment
Size
1,306 sqft
Floor
7th of 9
Parking
G-21
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 463K · September 2014
Building
Mazaya 01

About 706, Mazaya 01

706 is a two-bedroom apartment of 1,306 sqft on the 7th floor of Mazaya 01, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 1 September 2014 for AED 462,931, or AED 354 per sqft, 47% below the AED 665 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 October 2017, is AED 65,000 a year: a gross yield of 14.0% on the 2014 price, before the service charge of about AED 13,400 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Mazaya 01
400K600K800K2009201420192024Typical 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, September 2014: AED 462,931 (AED 354 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Mazaya 01
40K60K80K2014201820222026Typical 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 78,000 a yearNew contract, September 2016: AED 78,000 a yearNew contract, October 2017: AED 65,000 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 706 sits

All 24 2-beds →

706 last sold in September 2014 at AED 354 per sqft, 47% below what two-beds in Mazaya 01 were fetching at the time (AED 665). 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. 706's AED 65,000 is in the lower half 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
7022-bedAED 565K · Mar 2023
7032-bedAED 750K · Jan 2026
7041-bedAED 606K · Feb 2015
7052-bedAED 580K · May 2023
7072-bedAED 727K · Jul 2015
7081-bedAED 640K · Mar 2015

706, Mazaya 01 in numbers

  • Sold once: by Al Mazaya Real Estate on 1 September 2014 for AED 462,931, or AED 354 per sqft.
  • Rented since September 2014 on 3 Ejari contracts, from AED 78,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2014 price is 14.0%, before a service charge of about AED 13,400 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 1 October 2017.

Questions about 706, Mazaya 01

What did unit 706 last sell for?

AED 462,931 on 1 September 2014, sold by the developer: AED 354 per sqft for 1,306 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 65,000 a year on the contract signed on 1 October 2017. The previous contract, from September 2016, was AED 78,000; the unit has been rented since September 2014.

How big is unit 706?

1,306 sqft (121.3 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2014.

What is unit 706 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 706, Mazaya 01

Starts from the last sale price (AED 463K, 1 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 462,931
Deposit, UAE resident (20%)
AED 92,586
Deposit, non-resident (40%)
AED 185,172
Monthly over 25 years at 3.7%
AED 1,894

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