Home
Dubai prices
About
Blog
1-bed · 642 sqftMazaya 03, Liwan · 7th floor · completed 2014

704, Mazaya 03

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 9 January 2022
Last soldAED 242K17 June 2015
Current rentAED 25K /yr9 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 704

Property timeline for 704, Mazaya 03

What is 704 worth today?

Last sold for AED 241,692 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jan 2022RentedRenewal
AED 25,000/yr12 months · AED 39 per sqft
9 Jan 2021RentedNew contract
AED 24,000/yr12 months · AED 37 per sqft
15 May 2020RentedNew contract
AED 27,000/yr12 months · AED 43 per sqft
10 Jul 2019RentedRenewal
AED 36,000/yr12 months · AED 56 per sqft
10 Jul 2018RentedNew contract
AED 38,000/yr12 months · AED 59 per sqft
17 Jun 2015Sold by developerReady
AED 241,692AED 376 per sqft

Source: Dubai Land Department. Updated 9 January 2022.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
7th of 14
Parking
G-78
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 242K · June 2015
Building
Mazaya 03

About 704, Mazaya 03

704 is a one-bedroom apartment of 642 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 17 June 2015 for AED 241,692, or AED 376 per sqft, in line with the AED 372 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 9 January 2022, is AED 25,000 a year: a gross yield of 10.3% on the 2015 price, before the service charge of about AED 4,700 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Mazaya 03
200K400K2009201420192024Typical sale price by year: 2009 AED 461,258; 2013 AED 491,929; 2014 AED 457,725; 2015 AED 321,081; 2016 AED 450,000; 2017 AED 475,000; 2018 AED 400,000; 2019 AED 375,000; 2021 AED 310,000; 2025 AED 378,327; 2026 AED 450,000Sold by developer, June 2015: AED 241,692 (AED 376 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Mazaya 03
20K40K20152017201920212023Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 47,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 25,000; 2022 AED 25,650New contract, July 2018: AED 38,000 a yearRenewal, July 2019: AED 36,000 a yearNew contract, May 2020: AED 27,000 a yearNew contract, January 2021: AED 24,000 a yearRenewal, January 2022: AED 25,000 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 03, and where 704 sits

All 147 1-beds →

704 last sold in June 2015 at AED 376 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 372). 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 salesUnit no.Price (AED)Summary
4 Jun 2026515,000
30 Apr 2026410,270
4 Apr 2026400,000
31 Jan 2026450,000
7 1-bed sales in the last 12 months

Mazaya 03

Building

219 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%
Mazaya 03, Liwan: prices, sales and rents →

Other units on the 7th floor

All 219 units in Mazaya 03
Value
7011-bedAED 389K · May 2009
7021-bedAED 380K · Dec 2025
7031-bedAED 400K · Apr 2026
7052-bedAED 883K · May 2009
7062-bedAED 500K · Dec 2021
7071-bedAED 635K · Dec 2017
7081-bedAED 347K · Jul 2015
1–7 of 17

704, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 17 June 2015 for AED 241,692, or AED 376 per sqft.
  • Rented since July 2018 on 5 Ejari contracts, from AED 38,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2015 price is 10.3%, before a service charge of about AED 4,700 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 9 January 2022.

Questions about 704, Mazaya 03

What did unit 704 last sell for?

AED 241,692 on 17 June 2015, sold by the developer: AED 376 per sqft for 642 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 25,000 a year on the contract renewed on 9 January 2022. The previous contract, from January 2021, was AED 24,000; the unit has been rented since July 2018.

How big is unit 704?

642 sqft (59.6 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2014.

What is unit 704 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.

Selling 704? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 704, Mazaya 03

Starts from the last sale price (AED 242K, 17 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 241,692
Deposit, UAE resident (20%)
AED 48,338
Deposit, non-resident (40%)
AED 96,677
Monthly over 25 years at 3.7%
AED 989

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