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1-bed · 515 sqftMazaya 03, Liwan · 7th floor · completed 2014

718, Mazaya 03

Sold prices and rental history: sold twice, last in October 2015, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 718 · DLD and Ejari recordsUpdated 1 March 2021
Last soldAED 420K25 October 2015
Current rentAED 24K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 718, Mazaya 03

What is 718 worth today?

Last sold for AED 420,000 in 2015

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1 Mar 2021RentedNew contract
AED 24,000/yr12 months · AED 47 per sqft
30 Jan 2020RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft
7 May 2016RentedNew contract
AED 42,885/yr12 months · AED 83 per sqft
25 Oct 2015SoldReady
AED 420,000AED 815 per sqft
5 May 2009Sold by developerOff-plan
AED 382,230AED 741 per sqft

Source: Dubai Land Department. Updated 1 March 2021.

Key facts

Type
1-bed apartment
Size
515 sqft
Floor
7th of 14
Parking
G-40
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,800 /yr
Last sold
AED 420K · October 2015
Building
Mazaya 03

About 718, Mazaya 03

718 is a one-bedroom apartment of 515 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 25 October 2015 for AED 420,000, or AED 815 per sqft, 117% above the AED 376 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 March 2021, is AED 24,000 a year: a gross yield of 5.7% on the 2015 price, before the service charge of about AED 3,800 a year.

Sales and rents for 718 over time

Sales
Unit 718, 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 382,230 (AED 741 per sqft)Sold, October 2015: AED 420,000 (AED 815 per sqft)

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

Rents
Unit 718, 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, May 2016: AED 42,885 a yearNew contract, January 2020: AED 28,000 a yearNew contract, March 2021: AED 24,000 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 718 sits

All 147 1-beds →

718 last sold in October 2015 at AED 815 per sqft, 117% above what one-beds in Mazaya 03 were fetching at the time (AED 376). 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

718, Mazaya 03 in numbers

  • Sold twice: first on 5 May 2009 for AED 382,230, last on 25 October 2015 for AED 420,000 (AED 815 per sqft).
  • Rented since May 2016 on 3 Ejari contracts, from AED 42,885 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2015 price is 5.7%, before a service charge of about AED 3,800 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 1 March 2021.

Questions about 718, Mazaya 03

What did unit 718 last sell for?

AED 420,000 on 25 October 2015: AED 815 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 382,230 in May 2009.

What is the rent for unit 718?

AED 24,000 a year on the contract signed on 1 March 2021. The previous contract, from January 2020, was AED 28,000; the unit has been rented since May 2016.

How big is unit 718?

515 sqft (47.8 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2014.

What is unit 718 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 718, Mazaya 03

Starts from the last sale price (AED 420K, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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