705, Mazaya 02
Sold prices and rental history: sold twice, last in August 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Mazaya 02
What is 705 worth today?
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Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,757 sqft
- Floor
- 7th of 9
- Parking
- G-58
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 16,700 /yr
- Last sold
- AED 1.07M · August 2024
- Building
- Mazaya 02
About 705, Mazaya 02
705 is a three-bedroom apartment of 1,757 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 26 August 2024 for AED 1,070,000, or AED 608 per sqft.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 19 April 2020, is AED 56,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 16,700 a year.
Sales and rents for 705 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Mazaya 02, and where 705 sits
All 6 3-beds →705's AED 56,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Dec 202227 December 2022 | 1,757 sqft | 850,000 | 483 | ||
| 22 Nov 202022 November 2020 | 1,840 sqft | 1,015,000 | 551 | ||
| 30 Apr 201930 April 2019 | 1,840 sqft | 800,000 | 434 | ||
| 26 Mar 201926 March 2019 | 1,840 sqft | 920,000 | 500 |
Mazaya 02
Building91 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%
Other units on the 7th floor
All 91 units in Mazaya 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 650 sqft | AED 499KAED 499,000 · Apr 2026April 2026 | 25,000 /yr | |
| 702 | 2-bed | 1,223 sqft | AED 860KAED 860,022 · Apr 2017April 2017 | ||
| 703 | 2-bed | 1,266 sqft | AED 725KAED 725,000 · Jan 2025January 2025 | 50,692 /yr | |
| 704 | 3-bed | 1,840 sqft | AED 920KAED 920,000 · Mar 2019March 2019 | 96,000 /yr | |
| 706 | 2-bed | 1,576 sqft | AED 700KAED 700,000 · Jul 2019July 2019 | 45,000 /yr | |
| 707 | 1-bed | 656 sqft | AED 510KAED 510,000 · Jan 2018January 2018 | 50,000 /yr | |
| 708 | 2-bed | 1,513 sqft | AED 750KAED 750,000 · Oct 2019October 2019 | ||
| 709 | 1-bed | 719 sqft | AED 345KAED 345,000 · Aug 2023August 2023 |
705, Mazaya 02 in numbers
- Sold twice: first on 12 September 2018 for AED 643,606, last on 26 August 2024 for AED 1,070,000 (AED 608 per sqft).
- Rented since August 2018 on 2 Ejari contracts, from AED 90,000 to AED 56,000 a year.
- At AED 56,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 16,700 a year (AED 9.51 per sqft).
Source: Dubai Land Department. Updated 26 August 2024.
Questions about 705, Mazaya 02
What did unit 705 last sell for?
AED 1,070,000 on 26 August 2024: AED 608 per sqft for 1,757 sqft. The unit has 2 registered sales; the first was AED 643,606 in September 2018.
What is the rent for unit 705?
AED 56,000 a year on the contract signed on 19 April 2020. The previous contract, from August 2018, was AED 90,000.
How big is unit 705?
1,757 sqft (163.2 sqm): a three-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.
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Mortgage on 705, Mazaya 02
Starts from the last sale price (AED 1.07M, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,070,000
- Deposit, UAE resident (20%)
- AED 214,000
- Deposit, non-resident (40%)
- AED 428,000
- Monthly over 25 years at 3.7%
- AED 4,378
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →