701, Mazaya 04
Sold prices and rental history: sold twice, last in September 2020, 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 701, Mazaya 04
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 September 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 853 sqft
- Floor
- 7th of 13
- Parking
- G-92
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 4,700 /yr
- Last sold
- AED 325K · September 2020
- Building
- Mazaya 04
About 701, Mazaya 04
701 is a one-bedroom apartment of 853 sqft on the 7th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 2 September 2020 for AED 325,000, or AED 381 per sqft, 25% below the AED 508 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 30,000 a year: a gross yield of 9.2% on the 2020 price, before the service charge of about AED 4,700 a year.
Sales and rents for 701 over time
701 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 04, and where 701 sits
All 140 1-beds →701 last sold in September 2020 at AED 381 per sqft, 25% below what one-beds in Mazaya 04 were fetching at the time (AED 508). Over the last 12 months one-beds sold for AED 90,000 to 507,360, around AED 569 per sqft, and rent for AED 22,000 to 60,000 a year. 701's AED 30,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 550 sqft | 305,000 | 554 | ||
| 24 Aug 202624 August 2026 | 833 sqft | 410,000 | 491 | ||
| 13 Aug 202613 August 2026 | 531 sqft | 300,000 | 565 | ||
| 19 Jul 202619 July 2026 | 547 sqft | 305,000 | 557 |
Mazaya 04
Building216 apartments, 1-bed to 3-bed over 13 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 23 sold in the last 12 months.
- Typical price per sqft
- AED 557 Up 1.5%
- Typical sale
- AED 340K
- Typical rent
- AED 53K /yr
- Typical yield
- 14.7%
Other units on the 7th floor
All 216 units in Mazaya 04| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,029 sqft | AED 418KAED 417,500 · Jan 2015January 2015 | 36,000 /yr | |
| 703 | 2-bed | 1,107 sqft | AED 360KAED 360,000 · Nov 2016November 2016 | 60,000 /yr | |
| 704 | 1-bed | 531 sqft | AED 450KAED 450,000 · Nov 2015November 2015 | ||
| 705 | 1-bed | 547 sqft | AED 332KAED 332,000 · Feb 2025February 2025 | 50,000 /yr | |
| 706 | 1-bed | 929 sqft | AED 673KAED 672,940 · May 2009May 2009 | 29,000 /yr | |
| 707 | 1-bed | 550 sqft | AED 405KAED 405,000 · Nov 2018November 2018 | 38,000 /yr | |
| 708 | 1-bed | 997 sqft | AED 710KAED 710,122 · Dec 2014December 2014 | 28,000 /yr | |
| 709 | 1-bed | 523 sqft | AED 369KAED 368,667 · Apr 2009April 2009 | 36,000 /yr | |
| 710 | 1-bed | 582 sqft | AED 280KAED 280,000 · May 2022May 2022 | 25,000 /yr | |
| 711 | 1-bed | 523 sqft | AED 369KAED 368,667 · Apr 2009April 2009 | 22,000 /yr | |
| 712 | 1-bed | 619 sqft | AED 436KAED 436,133 · Jan 2014January 2014 | 31,000 /yr | |
| 713 | 2-bed | 1,065 sqft | AED 750KAED 750,000 · Aug 2016August 2016 | 42,000 /yr | |
| 714 | 1-bed | 836 sqft | AED 375KAED 375,000 · Apr 2022April 2022 | 34,000 /yr | |
| 715 | 3-bed | 1,692 sqft | AED 900KAED 900,000 · Dec 2019December 2019 | ||
| 716 | 2-bed | 1,394 sqft | AED 425KAED 425,000 · Aug 2017August 2017 | 47,000 /yr | |
| 717 | 1-bed | 891 sqft | AED 645KAED 644,677 · Apr 2009April 2009 | 36,000 /yr |
701, Mazaya 04 in numbers
- Sold twice: first on 10 May 2009 for AED 672,696, last on 2 September 2020 for AED 325,000 (AED 381 per sqft).
- Rented since March 2015 on 7 Ejari contracts, from AED 55,000 to AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2020 price is 9.2%, before a service charge of about AED 4,700 a year (AED 5.49 per sqft).
- One-beds in Mazaya 04 sold for AED 90,000–507,360 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.
Source: Dubai Land Department. Updated 1 September 2021.
Questions about 701, Mazaya 04
What did unit 701 last sell for?
AED 325,000 on 2 September 2020: AED 381 per sqft for 853 sqft. The unit has 2 registered sales; the first was AED 672,696 in May 2009.
What is the rent for unit 701?
AED 30,000 a year on the contract renewed on 1 September 2021. The previous contract, from September 2020, was AED 35,000; the unit has been rented since March 2015.
How big is unit 701?
853 sqft (79.2 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2014.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 04 sold for AED 90,000 to 507,360 in the last 12 months, around AED 569 per sqft.
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Mortgage on 701, Mazaya 04
Starts from the last sale price (AED 325K, 2 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 325,000
- Deposit, UAE resident (20%)
- AED 65,000
- Deposit, non-resident (40%)
- AED 130,000
- Monthly over 25 years at 3.7%
- AED 1,330
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →