2-bed · 1,576 sqftMazaya 02, Liwan · 7th floor · completed 2014

706, Mazaya 02

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

Unit 706 · DLD and Ejari recordsUpdated 15 November 2022
Last soldAED 700K4 July 2019
Current rentAED 45K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Mazaya 02

What is 706 worth today?

Last sold for AED 700,000 in 2019

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15 Nov 2022RentedNew contract
AED 45,000/yr12 months · AED 29 per sqft
10 Apr 2020RentedRenewal
AED 59,000/yr12 months · AED 38 per sqft
4 Jul 2019SoldReady
AED 700,000AED 444 per sqft
10 Apr 2019RentedNew contract
AED 63,000/yr12 months · AED 40 per sqft
30 Aug 2017Sold by developerReady
AED 1,000,000AED 634 per sqft

Source: Dubai Land Department. Updated 15 November 2022.

Key facts

Type
2-bed apartment
Size
1,576 sqft
Floor
7th of 9
Parking
F-13
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 15,000 /yr
Last sold
AED 700K · July 2019
Building
Mazaya 02

About 706, Mazaya 02

706 is a two-bedroom apartment of 1,576 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 4 July 2019 for AED 700,000, or AED 444 per sqft, 24% above the AED 359 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 November 2022, is AED 45,000 a year: a gross yield of 6.4% on the 2019 price, before the service charge of about AED 15,000 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, August 2017: AED 1,000,000 (AED 634 per sqft)Sold, July 2019: AED 700,000 (AED 444 per sqft)

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

Rents
Unit 706, 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, April 2019: AED 63,000 a yearRenewal, April 2020: AED 59,000 a yearNew contract, November 2022: AED 45,000 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 02, and where 706 sits

All 29 2-beds →

706 last sold in July 2019 at AED 444 per sqft, 24% above what two-beds in Mazaya 02 were fetching at the time (AED 359). 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. 706's AED 45,000 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
7032-bedAED 725K · Jan 2025
7043-bedAED 920K · Mar 2019
7053-bedAED 1.07M · Aug 2024
7071-bedAED 510K · Jan 2018
7082-bedAED 750K · Oct 2019
1–7 of 8

706, Mazaya 02 in numbers

  • Sold twice: first on 30 August 2017 for AED 1,000,000, last on 4 July 2019 for AED 700,000 (AED 444 per sqft).
  • Rented since April 2019 on 3 Ejari contracts, from AED 63,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2019 price is 6.4%, before a service charge of about AED 15,000 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 15 November 2022.

Questions about 706, Mazaya 02

What did unit 706 last sell for?

AED 700,000 on 4 July 2019: AED 444 per sqft for 1,576 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in August 2017.

What is the rent for unit 706?

AED 45,000 a year on the contract signed on 15 November 2022. The previous contract, from April 2020, was AED 59,000; the unit has been rented since April 2019.

How big is unit 706?

1,576 sqft (146.4 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 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 706, Mazaya 02

Starts from the last sale price (AED 700K, 4 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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