2-bed · 1,266 sqftMazaya 02, Liwan · 7th floor · completed 2014

703, Mazaya 02

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 23 January 2025
Last soldAED 725K23 January 2025
Current rentAED 51K /yr31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Mazaya 02

What is 703 worth today?

Last sold for AED 725,000 in 2025

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23 Jan 2025SoldReady
AED 725,000AED 572 per sqft
31 May 2024RentedNew contract
AED 50,692/yr12 months · AED 40 per sqft
31 May 2024RentedNew contract
AED 50,692/yr12 months · AED 40 per sqft
31 May 2022RentedRenewal
AED 43,890/yr12 months · AED 35 per sqft
31 May 2021RentedRenewal
AED 39,900/yr12 months · AED 32 per sqft
31 May 2020RentedNew contract
AED 38,000/yr12 months · AED 30 per sqft
29 Jul 2018SoldReady
AED 442,215AED 349 per sqft
29 Nov 2015Sold by developerOff-plan
AED 442,215AED 349 per sqft

Source: Dubai Land Department. Updated 23 January 2025.

Key facts

Type
2-bed apartment
Size
1,266 sqft
Floor
7th of 9
Parking
F-21
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,000 /yr
Last sold
AED 725K · January 2025
Building
Mazaya 02

About 703, Mazaya 02

703 is a two-bedroom apartment of 1,266 sqft on the 7th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 23 January 2025 for AED 725,000, or AED 572 per sqft, in line with the AED 560 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 31 May 2024, is AED 50,692 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 12,000 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Mazaya 02
500K750K1M2009201420192024Typical sale price by year: 2009 AED 926,448; 2015 AED 456,690; 2017 AED 860,022; 2018 AED 449,453; 2019 AED 750,000; 2023 AED 694,500; 2024 AED 730,000; 2025 AED 717,500; 2026 AED 915,000Sold by developer, November 2015: AED 442,215 (AED 349 per sqft)Sold, July 2018: AED 442,215 (AED 349 per sqft)Sold, January 2025: AED 725,000 (AED 572 per sqft)

703 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 703, each contractTypical two-bed in Mazaya 02
40K60K2017202020232026Typical rent by year: 2017 AED 67,318; 2018 AED 62,000; 2019 AED 54,000; 2020 AED 48,000; 2021 AED 40,000; 2022 AED 43,000; 2023 AED 46,650; 2024 AED 51,600; 2025 AED 67,000; 2026 AED 70,000New contract, May 2020: AED 38,000 a yearRenewal, May 2021: AED 39,900 a yearRenewal, May 2022: AED 43,890 a yearNew contract, May 2024: AED 50,692 a yearNew contract, May 2024: AED 50,692 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 02, and where 703 sits

All 29 2-beds →

703 last sold in January 2025 at AED 572 per sqft, in line with what two-beds in Mazaya 02 were fetching at the time (AED 560). Over the last 12 months two-beds sold for AED 850,000 to 965,000, around AED 716 per sqft, and rent for AED 52,330 to 85,000 a year. 703's AED 50,692 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Aug 2026915,000
27 Jul 2026965,000
8 Apr 2026850,000
30 Apr 2025777,898
3 2-bed sales in the last 12 months

Mazaya 02

Building

91 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.

Typical price per sqft
AED 727 Up 26.2%
Typical sale
AED 597K
Typical rent
AED 53K /yr
Typical yield
8.2%
Mazaya 02, Liwan: prices, sales and rents →

Other units on the 7th floor

All 91 units in Mazaya 02
Value
7011-bedAED 499K · Apr 2026
7022-bedAED 860K · Apr 2017
7043-bedAED 920K · Mar 2019
7053-bedAED 1.07M · Aug 2024
7062-bedAED 700K · Jul 2019
7071-bedAED 510K · Jan 2018
7082-bedAED 750K · Oct 2019
1–7 of 8

703, Mazaya 02 in numbers

  • Sold 3 times: first on 29 November 2015 for AED 442,215, last on 23 January 2025 for AED 725,000 (AED 572 per sqft).
  • Rented since May 2020 on 5 Ejari contracts, from AED 38,000 to AED 50,692 a year.
  • At AED 50,692 a year the gross yield on the 2025 price is 7.0%, before a service charge of about AED 12,000 a year (AED 9.51 per sqft).
  • Two-beds in Mazaya 02 sold for AED 850,000–965,000 in the 12 months to November 2026; the building's median across all types is AED 727 per sqft.

Source: Dubai Land Department. Updated 23 January 2025.

Questions about 703, Mazaya 02

What did unit 703 last sell for?

AED 725,000 on 23 January 2025: AED 572 per sqft for 1,266 sqft. The unit has 3 registered sales; the first was AED 442,215 in November 2015.

What is the rent for unit 703?

AED 50,692 a year on the contract signed on 31 May 2024. The previous contract, from May 2024, was AED 50,692; the unit has been rented since May 2020.

How big is unit 703?

1,266 sqft (117.6 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2014.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 02 sold for AED 850,000 to 965,000 in the last 12 months, around AED 716 per sqft.

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Mortgage on 703, Mazaya 02

Starts from the last sale price (AED 725K, 23 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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