1-bed · 607 sqftMazaya 03, Liwan · 7th floor · completed 2014

712, Mazaya 03

Sold prices and rental history: sold twice, last in January 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 19 October 2021
Last soldAED 439K11 January 2016
Current rentAED 25K /yr19 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Mazaya 03

What is 712 worth today?

Last sold for AED 438,843 in 2016

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19 Oct 2021RentedRenewal
AED 25,000/yr12 months · AED 41 per sqft
19 Sep 2020RentedNew contract
AED 23,077/yr13 months · AED 38 per sqft
5 Aug 2019RentedRenewal
AED 33,000/yr12 months · AED 54 per sqft
5 Aug 2018RentedNew contract
AED 42,000/yr12 months · AED 69 per sqft
5 Jul 2017RentedNew contract
AED 42,000/yr12 months · AED 69 per sqft
4 Jun 2017RentedNew contract
AED 50,000/yr12 months · AED 82 per sqft
19 Apr 2016RentedNew contract
AED 53,000/yr12 months · AED 88 per sqft
11 Jan 2016SoldReady
AED 438,843AED 722 per sqft

Source: Dubai Land Department. Updated 19 October 2021.

Key facts

Type
1-bed apartment
Size
607 sqft
Floor
7th of 14
Parking
G-28
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,500 /yr
Last sold
AED 439K · January 2016
Building
Mazaya 03

About 712, Mazaya 03

712 is a one-bedroom apartment of 607 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 11 January 2016 for AED 438,843, or AED 722 per sqft, 93% above the AED 375 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 19 October 2021, is AED 25,000 a year: a gross yield of 5.7% on the 2016 price, before the service charge of about AED 4,500 a year.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical one-bed in Mazaya 03
300K400K500K2009201420192024Typical 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, May 2009: AED 438,843 (AED 722 per sqft)Sold, January 2016: AED 438,843 (AED 722 per sqft)

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

Rents
Unit 712, 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, April 2016: AED 53,000 a yearNew contract, June 2017: AED 50,000 a yearNew contract, July 2017: AED 42,000 a yearNew contract, August 2018: AED 42,000 a yearRenewal, August 2019: AED 33,000 a yearNew contract, September 2020: AED 23,077 a yearRenewal, October 2021: 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 712 sits

All 147 1-beds →

712 last sold in January 2016 at AED 722 per sqft, 93% above what one-beds in Mazaya 03 were fetching at the time (AED 375). 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
7041-bedAED 242K · Jun 2015
7052-bedAED 883K · May 2009
7062-bedAED 500K · Dec 2021
7071-bedAED 635K · Dec 2017
1–7 of 17

712, Mazaya 03 in numbers

  • Sold twice: first on 5 May 2009 for AED 438,843, last on 11 January 2016 for AED 438,843 (AED 722 per sqft).
  • Rented since April 2016 on 7 Ejari contracts, from AED 53,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2016 price is 5.7%, before a service charge of about AED 4,500 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 19 October 2021.

Questions about 712, Mazaya 03

What did unit 712 last sell for?

AED 438,843 on 11 January 2016: AED 722 per sqft for 607 sqft. The unit has 2 registered sales; the first was AED 438,843 in May 2009.

What is the rent for unit 712?

AED 25,000 a year on the contract renewed on 19 October 2021. The previous contract, from September 2020, was AED 23,077; the unit has been rented since April 2016.

How big is unit 712?

607 sqft (56.4 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2014.

What is unit 712 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 712, Mazaya 03

Starts from the last sale price (AED 439K, 11 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 438,843
Deposit, UAE resident (20%)
AED 87,769
Deposit, non-resident (40%)
AED 175,537
Monthly over 25 years at 3.7%
AED 1,795

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