1-bed · 900 sqftMazaya 01, Liwan · 7th floor · completed 2014

708, Mazaya 01

Sold prices and rental history: sold twice, last in March 2015, and rented once, from October 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 10 October 2019
Last soldAED 640K25 March 2015
Current rentAED 35K /yr10 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Mazaya 01

What is 708 worth today?

Last sold for AED 640,000 in 2015

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10 Oct 2019RentedNew contract
AED 35,000/yr12 months · AED 39 per sqft
25 Mar 2015SoldReady
AED 640,000AED 710 per sqft
29 Jun 2014Sold by developerReady
AED 478,705AED 531 per sqft

Source: Dubai Land Department. Updated 10 October 2019.

Key facts

Type
1-bed apartment
Size
900 sqft
Floor
7th of 9
Parking
G-30
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,300 /yr
Last sold
AED 640K · March 2015
Building
Mazaya 01

About 708, Mazaya 01

708 is a one-bedroom apartment of 900 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 25 March 2015 for AED 640,000, or AED 710 per sqft, 9% above the AED 651 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2019. The current contract, signed on 10 October 2019, is AED 35,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 9,300 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, June 2014: AED 478,705 (AED 531 per sqft)Sold, March 2015: AED 640,000 (AED 710 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in Mazaya 01
40K2014201820222026Typical 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, October 2019: AED 35,000 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 708 sits

All 50 1-beds →

708 last sold in March 2015 at AED 710 per sqft, 9% above what one-beds in Mazaya 01 were fetching at the time (AED 651). 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. 708's AED 35,000 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
7041-bedAED 606K · Feb 2015
7052-bedAED 580K · May 2023
7062-bedAED 463K · Sep 2014
7072-bedAED 727K · Jul 2015

708, Mazaya 01 in numbers

  • Sold twice: first on 29 June 2014 for AED 478,705, last on 25 March 2015 for AED 640,000 (AED 710 per sqft).
  • Rented since October 2019 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 9,300 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 10 October 2019.

Questions about 708, Mazaya 01

What did unit 708 last sell for?

AED 640,000 on 25 March 2015: AED 710 per sqft for 900 sqft. The unit has 2 registered sales; the first was AED 478,705 in June 2014.

What is the rent for unit 708?

AED 35,000 a year on the contract signed on 10 October 2019.

How big is unit 708?

900 sqft (83.6 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2014.

What is unit 708 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 708, Mazaya 01

Starts from the last sale price (AED 640K, 25 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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