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2-bed · 1,029 sqftMazaya 04, Liwan · 7th floor · completed 2014

702, Mazaya 04

Sold prices and rental history: sold 3 times, last in January 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 7 February 2022
Last soldAED 418K25 January 2015
Current rentAED 36K /yr7 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Mazaya 04

What is 702 worth today?

Last sold for AED 417,500 in 2015

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7 Feb 2022RentedRenewal
AED 36,000/yr12 months · AED 35 per sqft
7 Feb 2021RentedNew contract
AED 36,000/yr12 months · AED 35 per sqft
25 Jan 2015SoldReady
AED 417,500AED 405 per sqft
14 Dec 2014SoldReady
AED 379,899AED 369 per sqft
25 May 2009Sold by developerOff-plan
AED 759,798AED 738 per sqft

Source: Dubai Land Department. Updated 7 February 2022.

Key facts

Type
2-bed apartment
Size
1,029 sqft
Floor
7th of 13
Parking
B-02
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,600 /yr
Last sold
AED 418K · January 2015
Building
Mazaya 04

About 702, Mazaya 04

702 is a two-bedroom apartment of 1,029 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 25 January 2015 for AED 417,500, or AED 405 per sqft, 4% above the AED 388 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 7 February 2022, is AED 36,000 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 5,600 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Mazaya 04
400K600K800K2009201420192024Typical sale price by year: 2009 AED 794,680; 2014 AED 576,631; 2015 AED 529,590; 2016 AED 750,000; 2017 AED 700,000; 2018 AED 725,000; 2020 AED 540,000; 2021 AED 455,000; 2026 AED 585,000Sold by developer, May 2009: AED 759,798 (AED 738 per sqft)Sold, December 2014: AED 379,899 (AED 369 per sqft)Sold, January 2015: AED 417,500 (AED 405 per sqft)

702 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 702, each contractTypical two-bed in Mazaya 04
40K60K80K2014201720202023Typical rent by year: 2014 AED 80,000; 2015 AED 72,000; 2016 AED 71,000; 2017 AED 65,000; 2018 AED 60,000; 2019 AED 48,000; 2020 AED 42,500; 2021 AED 38,000; 2022 AED 40,000New contract, February 2021: AED 36,000 a yearRenewal, February 2022: AED 36,000 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 04, and where 702 sits

All 60 2-beds →

702 last sold in January 2015 at AED 405 per sqft, 4% above what two-beds in Mazaya 04 were fetching at the time (AED 388). Over the last 12 months two-beds sold for AED 540,645 to 705,052, around AED 506 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 2026620,000
21 Sep 2026540,645
17 Feb 2026705,052
19 Jan 2026550,000
4 2-bed sales in the last 12 months

Mazaya 04

Building

216 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%
Mazaya 04, Liwan: prices, sales and rents →

Other units on the 7th floor

All 216 units in Mazaya 04
Value
7011-bedAED 325K · Sep 2020
7032-bedAED 360K · Nov 2016
7041-bedAED 450K · Nov 2015
7051-bedAED 332K · Feb 2025
7061-bedAED 673K · May 2009
7071-bedAED 405K · Nov 2018
7081-bedAED 710K · Dec 2014
1–7 of 16

702, Mazaya 04 in numbers

  • Sold 3 times: first on 25 May 2009 for AED 759,798, last on 25 January 2015 for AED 417,500 (AED 405 per sqft).
  • Rented since February 2021 on 2 Ejari contracts, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2015 price is 8.6%, before a service charge of about AED 5,600 a year (AED 5.49 per sqft).
  • Two-beds in Mazaya 04 sold for AED 540,645–705,052 in the 12 months to November 2026; the building's median across all types is AED 557 per sqft.

Source: Dubai Land Department. Updated 7 February 2022.

Questions about 702, Mazaya 04

What did unit 702 last sell for?

AED 417,500 on 25 January 2015: AED 405 per sqft for 1,029 sqft. The unit has 3 registered sales; the first was AED 759,798 in May 2009.

What is the rent for unit 702?

AED 36,000 a year on the contract renewed on 7 February 2022. The previous contract, from February 2021, was AED 36,000.

How big is unit 702?

1,029 sqft (95.6 sqm): a two-bedroom apartment on the 7th floor of a 13-storey tower completed in 2014.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 04 sold for AED 540,645 to 705,052 in the last 12 months, around AED 506 per sqft.

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Mortgage on 702, Mazaya 04

Starts from the last sale price (AED 418K, 25 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 417,500
Deposit, UAE resident (20%)
AED 83,500
Deposit, non-resident (40%)
AED 167,000
Monthly over 25 years at 3.7%
AED 1,708

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