2-bed · 1,098 sqftMazaya 03, Liwan · 7th floor · completed 2014

714, Mazaya 03

Sold prices and rental history: sold twice, last in November 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 25 December 2018
Last soldAED 845K16 November 2015
Current rentAED 49K /yr25 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Mazaya 03

What is 714 worth today?

Last sold for AED 845,000 in 2015

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25 Dec 2018RentedNew contract
AED 49,000/yr12 months · AED 45 per sqft
15 Dec 2017RentedRenewal
AED 60,000/yr12 months · AED 55 per sqft
15 Dec 2016RentedNew contract
AED 68,000/yr12 months · AED 62 per sqft
16 Nov 2015SoldReady
AED 845,000AED 769 per sqft
16 Jun 2015Sold by developerReady
AED 414,019AED 377 per sqft
5 Jun 2015RentedNew contract
AED 64,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 25 December 2018.

Key facts

Type
2-bed apartment
Size
1,098 sqft
Floor
7th of 14
Parking
B-5
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,100 /yr
Last sold
AED 845K · November 2015
Building
Mazaya 03

About 714, Mazaya 03

714 is a two-bedroom apartment of 1,098 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 16 November 2015 for AED 845,000, or AED 769 per sqft, 107% above the AED 372 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 25 December 2018, is AED 49,000 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 8,100 a year.

Sales and rents for 714 over time

Sales
Unit 714, each saleTypical two-bed in Mazaya 03
500K750K2009201420192024Typical sale price by year: 2009 AED 884,813; 2013 AED 479,859; 2015 AED 468,271; 2016 AED 775,000; 2017 AED 760,000; 2018 AED 785,000; 2019 AED 580,000; 2021 AED 500,000; 2026 AED 700,000Sold by developer, June 2015: AED 414,019 (AED 377 per sqft)Sold, November 2015: AED 845,000 (AED 769 per sqft)

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

Rents
Unit 714, each contractTypical two-bed in Mazaya 03
40K60K80K2015201820212024Typical rent by year: 2015 AED 74,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 60,000; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 41,000; 2024 AED 55,000New contract, June 2015: AED 64,000 a yearNew contract, December 2016: AED 68,000 a yearRenewal, December 2017: AED 60,000 a yearNew contract, December 2018: AED 49,000 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 03, and where 714 sits

All 58 2-beds →

714 last sold in November 2015 at AED 769 per sqft, 107% above what two-beds in Mazaya 03 were fetching at the time (AED 372). 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 salesUnit no.Price (AED)Summary
12 May 2026700,000
29 Apr 2026700,000
13 Feb 2026680,000
30 Mar 2022452,000
3 2-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

714, Mazaya 03 in numbers

  • Sold twice: first on 16 June 2015 for AED 414,019, last on 16 November 2015 for AED 845,000 (AED 769 per sqft).
  • Rented since June 2015 on 4 Ejari contracts, from AED 64,000 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2015 price is 5.8%, before a service charge of about AED 8,100 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 25 December 2018.

Questions about 714, Mazaya 03

What did unit 714 last sell for?

AED 845,000 on 16 November 2015: AED 769 per sqft for 1,098 sqft. The unit has 2 registered sales; the first was AED 414,019 in June 2015.

What is the rent for unit 714?

AED 49,000 a year on the contract signed on 25 December 2018. The previous contract, from December 2017, was AED 60,000; the unit has been rented since June 2015.

How big is unit 714?

1,098 sqft (102.0 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2014.

What is unit 714 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 714, Mazaya 03

Starts from the last sale price (AED 845K, 16 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 845,000
Deposit, UAE resident (20%)
AED 169,000
Deposit, non-resident (40%)
AED 338,000
Monthly over 25 years at 3.7%
AED 3,457

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