706, Mazaya 03
Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Mazaya 03
What is 706 worth today?
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Source: Dubai Land Department. Updated 12 December 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,215 sqft
- Floor
- 7th of 14
- Parking
- B-12
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 9,000 /yr
- Last sold
- AED 500K · December 2021
- Building
- Mazaya 03
About 706, Mazaya 03
706 is a two-bedroom apartment of 1,215 sqft on the 7th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 12 December 2021 for AED 500,000, or AED 411 per sqft, in line with the AED 411 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 19 April 2020, is AED 45,000 a year: a gross yield of 9.0% on the 2021 price, before the service charge of about AED 9,000 a year.
Sales and rents for 706 over time
706 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 03, and where 706 sits
All 58 2-beds →706 last sold in December 2021 at AED 411 per sqft, in line with what two-beds in Mazaya 03 were fetching at the time (AED 411). Over the last 12 months two-beds sold for AED 680,000 to 700,000, around AED 561 per sqft, and rent for AED 50,000 to 50,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 May 202612 May 2026 | 1,246 sqft | 700,000 | 561 | ||
| 29 Apr 202629 April 2026 | 1,501 sqft | 700,000 | 466 | ||
| 13 Feb 202613 February 2026 | 1,168 sqft | 680,000 | 582 | ||
| 30 Mar 202230 March 2022 | 1,214 sqft | 452,000 | 372 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 522 sqft | AED 389KAED 389,081 · May 2009May 2009 | 27,000 /yr | |
| 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 | |
| 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 |
706, Mazaya 03 in numbers
- Sold twice: first on 5 May 2009 for AED 902,662, last on 12 December 2021 for AED 500,000 (AED 411 per sqft).
- Rented since May 2015 on 5 Ejari contracts, from AED 74,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2021 price is 9.0%, before a service charge of about AED 9,000 a year (AED 7.37 per sqft).
- Two-beds in Mazaya 03 sold for AED 680,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.
Source: Dubai Land Department. Updated 12 December 2021.
Questions about 706, Mazaya 03
What did unit 706 last sell for?
AED 500,000 on 12 December 2021: AED 411 per sqft for 1,215 sqft. The unit has 2 registered sales; the first was AED 902,662 in May 2009.
What is the rent for unit 706?
AED 45,000 a year on the contract signed on 19 April 2020. The previous contract, from March 2019, was AED 53,000; the unit has been rented since May 2015.
How big is unit 706?
1,215 sqft (112.9 sqm): a two-bedroom apartment on the 7th floor of a 14-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 03 sold for AED 680,000 to 700,000 in the last 12 months, around AED 561 per sqft.
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Mortgage on 706, Mazaya 03
Starts from the last sale price (AED 500K, 12 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →