1-bed · 834 sqftMazaya 03, Liwan · 7th floor · completed 2014

716, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 2 November 2021
Last soldAED 608K10 May 2009
Current rentAED 30K /yr2 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, Mazaya 03

What is 716 worth today?

Last sold for AED 608,313 in 2009

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2 Nov 2021RentedNew contract
AED 30,000/yr12 months · AED 36 per sqft
20 Mar 2019RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
14 Oct 2018RentedNew contract
AED 42,000/yr12 months · AED 50 per sqft
15 Aug 2017RentedNew contract
AED 53,000/yr12 months · AED 64 per sqft
14 Mar 2017RentedNew contract
AED 61,000/yr12 months · AED 73 per sqft
1 Oct 2015RentedNew contract
AED 59,000/yr12 months · AED 71 per sqft
10 May 2009Sold by developerOff-plan
AED 608,313AED 729 per sqft

Source: Dubai Land Department. Updated 2 November 2021.

Key facts

Type
1-bed apartment
Size
834 sqft
Floor
7th of 14
Parking
G-99
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,100 /yr
Last sold
AED 608K · May 2009
Building
Mazaya 03

About 716, Mazaya 03

716 is a one-bedroom apartment of 834 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 10 May 2009 for AED 608,313, or AED 729 per sqft, in line with the AED 722 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 2 November 2021, is AED 30,000 a year: a gross yield of 4.9% on the 2009 price, before the service charge of about AED 6,100 a year.

Sales and rents for 716 over time

Sales
Unit 716, each saleTypical one-bed in Mazaya 03
400K600K2009201420192024Typical 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 608,313 (AED 729 per sqft)

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

Rents
Unit 716, each contractTypical one-bed in Mazaya 03
20K40K60K20152017201920212023Typical 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, October 2015: AED 59,000 a yearNew contract, March 2017: AED 61,000 a yearNew contract, August 2017: AED 53,000 a yearNew contract, October 2018: AED 42,000 a yearNew contract, March 2019: AED 50,000 a yearNew contract, November 2021: AED 30,000 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 716 sits

All 147 1-beds →

716 last sold in May 2009 at AED 729 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 722). 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

716, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 10 May 2009 for AED 608,313, or AED 729 per sqft.
  • Rented since October 2015 on 6 Ejari contracts, from AED 59,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2009 price is 4.9%, before a service charge of about AED 6,100 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 2 November 2021.

Questions about 716, Mazaya 03

What did unit 716 last sell for?

AED 608,313 on 10 May 2009, sold by the developer: AED 729 per sqft for 834 sqft. It is the only registered sale of the unit.

What is the rent for unit 716?

AED 30,000 a year on the contract signed on 2 November 2021. The previous contract, from March 2019, was AED 50,000; the unit has been rented since October 2015.

How big is unit 716?

834 sqft (77.5 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2014.

What is unit 716 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 716, Mazaya 03

Starts from the last sale price (AED 608K, 10 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 608,313
Deposit, UAE resident (20%)
AED 121,663
Deposit, non-resident (40%)
AED 243,325
Monthly over 25 years at 3.7%
AED 2,489

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