701, Mazaya 03
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Mazaya 03
What is 701 worth today?
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Source: Dubai Land Department. Updated 10 December 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 522 sqft
- Floor
- 7th of 14
- Parking
- G-31
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 3,800 /yr
- Last sold
- AED 389K · May 2009
- Building
- Mazaya 03
About 701, Mazaya 03
701 is a one-bedroom apartment of 522 sqft on the 7th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 5 May 2009 for AED 389,081, or AED 745 per sqft, 5% above the AED 710 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 10 December 2021, is AED 27,000 a year: a gross yield of 6.9% on the 2009 price, before the service charge of about AED 3,800 a year.
Sales and rents for 701 over time
701 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 03, and where 701 sits
All 147 1-beds →701 last sold in May 2009 at AED 745 per sqft, 5% above what one-beds in Mazaya 03 were fetching at the time (AED 710). Over the last 12 months one-beds sold for AED 380,000 to 520,000, around AED 624 per sqft, and rent for AED 40,000 to 50,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20264 June 2026 | 934 sqft | 515,000 | 551 | ||
| 30 Apr 202630 April 2026 | 618 sqft | 410,270 | 664 | ||
| 4 Apr 20264 April 2026 | 641 sqft | 400,000 | 624 | ||
| 31 Jan 202631 January 2026 | 593 sqft | 450,000 | 759 |
Mazaya 03
Building219 apartments, studios to 3-bed over 14 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 11 sold in the last 12 months.
- Typical price per sqft
- AED 571
- Typical sale
- AED 515K
- Typical rent
- AED 50K /yr
- Typical yield
- 7.1%
Other units on the 7th floor
All 219 units in Mazaya 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 594 sqft | AED 380KAED 380,000 · Dec 2025December 2025 | 23,000 /yr | |
| 703 | 1-bed | 641 sqft | AED 400KAED 400,000 · Apr 2026April 2026 | 24,000 /yr | |
| 704 | 1-bed | 642 sqft | AED 242KAED 241,692 · Jun 2015June 2015 | 25,000 /yr | |
| 705 | 2-bed | 1,168 sqft | AED 883KAED 882,679 · May 2009May 2009 | 50,000 /yr | |
| 706 | 2-bed | 1,215 sqft | AED 500KAED 500,000 · Dec 2021December 2021 | 45,000 /yr | |
| 707 | 1-bed | 910 sqft | AED 635KAED 635,000 · Dec 2017December 2017 | ||
| 708 | 1-bed | 895 sqft | AED 347KAED 347,000 · Jul 2015July 2015 | 30,000 /yr | |
| 709 | 1-bed | 934 sqft | AED 515KAED 515,000 · Jun 2026June 2026 | 35,000 /yr | |
| 710 | 1-bed | 954 sqft | AED 650KAED 650,000 · Aug 2015August 2015 | 50,000 /yr | |
| 711 | 1-bed | 910 sqft | AED 305KAED 305,000 · Jan 2016January 2016 | ||
| 712 | 1-bed | 607 sqft | AED 439KAED 438,843 · Jan 2016January 2016 | 25,000 /yr | |
| 713 | 2-bed | 1,295 sqft | AED 903KAED 902,638 · May 2009May 2009 | 38,000 /yr | |
| 714 | 2-bed | 1,098 sqft | AED 845KAED 845,000 · Nov 2015November 2015 | 49,000 /yr | |
| 715 | 1-bed | 632 sqft | AED 447KAED 447,137 · Jan 2016January 2016 | 30,000 /yr | |
| 716 | 1-bed | 834 sqft | AED 608KAED 608,313 · May 2009May 2009 | 30,000 /yr | |
| 717 | 1-bed | 781 sqft | AED 360KAED 360,000 · Jun 2025June 2025 | 27,000 /yr | |
| 718 | 1-bed | 515 sqft | AED 420KAED 420,000 · Oct 2015October 2015 | 24,000 /yr |
701, Mazaya 03 in numbers
- Sold once: by Al Mazaya Real Estate on 5 May 2009 for AED 389,081, or AED 745 per sqft.
- Rented since June 2016 on 6 Ejari contracts, from AED 45,000 to AED 27,000 a year.
- At AED 27,000 a year the gross yield on the 2009 price is 6.9%, before a service charge of about AED 3,800 a year (AED 7.37 per sqft).
- One-beds in Mazaya 03 sold for AED 380,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.
Source: Dubai Land Department. Updated 10 December 2021.
Questions about 701, Mazaya 03
What did unit 701 last sell for?
AED 389,081 on 5 May 2009, sold by the developer: AED 745 per sqft for 522 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 27,000 a year on the contract renewed on 10 December 2021. The previous contract, from December 2020, was AED 27,000; the unit has been rented since June 2016.
How big is unit 701?
522 sqft (48.5 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2014.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 03 sold for AED 380,000 to 520,000 in the last 12 months, around AED 624 per sqft.
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Mortgage on 701, Mazaya 03
Starts from the last sale price (AED 389K, 5 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 389,081
- Deposit, UAE resident (20%)
- AED 77,816
- Deposit, non-resident (40%)
- AED 155,632
- Monthly over 25 years at 3.7%
- AED 1,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →