1-bed · 929 sqftMazaya 04, Liwan · 7th floor · completed 2014

706, Mazaya 04

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 706 · DLD and Ejari recordsUpdated 1 September 2021
Last soldAED 673K10 May 2009
Current rentAED 29K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Mazaya 04

What is 706 worth today?

Last sold for AED 672,940 in 2009

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1 Sep 2021RentedNew contract
AED 29,000/yr12 months · AED 31 per sqft
1 Jul 2020RentedRenewal
AED 34,000/yr12 months · AED 37 per sqft
15 May 2018RentedNew contract
AED 46,000/yr12 months · AED 50 per sqft
25 Jun 2016RentedRenewal
AED 60,000/yr12 months · AED 65 per sqft
25 Jun 2015RentedNew contract
AED 60,000/yr12 months · AED 65 per sqft
10 May 2009Sold by developerOff-plan
AED 672,940AED 724 per sqft

Source: Dubai Land Department. Updated 1 September 2021.

Key facts

Type
1-bed apartment
Size
929 sqft
Floor
7th of 13
Parking
B-31
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,100 /yr
Last sold
AED 673K · May 2009
Building
Mazaya 04

About 706, Mazaya 04

706 is a one-bedroom apartment of 929 sqft on the 7th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 10 May 2009 for AED 672,940, or AED 724 per sqft, in line with the AED 713 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 September 2021, is AED 29,000 a year: a gross yield of 4.3% on the 2009 price, before the service charge of about AED 5,100 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Mazaya 04
400K600K2009201420192024Typical sale price by year: 2009 AED 412,907; 2013 AED 389,160; 2014 AED 392,326; 2015 AED 390,794; 2016 AED 460,000; 2017 AED 470,000; 2018 AED 380,000; 2019 AED 340,000; 2020 AED 300,000; 2021 AED 277,500; 2022 AED 277,500; 2023 AED 300,000; 2025 AED 335,000; 2026 AED 316,530Sold by developer, May 2009: AED 672,940 (AED 724 per sqft)

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

Rents
Unit 706, each contractTypical one-bed in Mazaya 04
20K40K60K2014201820222026Typical rent by year: 2014 AED 48,000; 2015 AED 48,000; 2016 AED 48,867; 2017 AED 45,514; 2018 AED 40,000; 2019 AED 32,500; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 26,500; 2023 AED 25,000; 2024 AED 35,000; 2025 AED 49,000; 2026 AED 55,000New contract, June 2015: AED 60,000 a yearRenewal, June 2016: AED 60,000 a yearNew contract, May 2018: AED 46,000 a yearRenewal, July 2020: AED 34,000 a yearNew contract, September 2021: AED 29,000 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 04, and where 706 sits

All 140 1-beds →

706 last sold in May 2009 at AED 724 per sqft, in line with what one-beds in Mazaya 04 were fetching at the time (AED 713). 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. 706's AED 29,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 2026305,000
24 Aug 2026410,000
13 Aug 2026300,000
19 Jul 2026305,000
18 1-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
7022-bedAED 418K · Jan 2015
7032-bedAED 360K · Nov 2016
7041-bedAED 450K · Nov 2015
7051-bedAED 332K · Feb 2025
7071-bedAED 405K · Nov 2018
7081-bedAED 710K · Dec 2014
1–7 of 16

706, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 10 May 2009 for AED 672,940, or AED 724 per sqft.
  • Rented since June 2015 on 5 Ejari contracts, from AED 60,000 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2009 price is 4.3%, before a service charge of about AED 5,100 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 706, Mazaya 04

What did unit 706 last sell for?

AED 672,940 on 10 May 2009, sold by the developer: AED 724 per sqft for 929 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 29,000 a year on the contract signed on 1 September 2021. The previous contract, from July 2020, was AED 34,000; the unit has been rented since June 2015.

How big is unit 706?

929 sqft (86.3 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2014.

What is unit 706 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 706, Mazaya 04

Starts from the last sale price (AED 673K, 10 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 672,940
Deposit, UAE resident (20%)
AED 134,588
Deposit, non-resident (40%)
AED 269,176
Monthly over 25 years at 3.7%
AED 2,753

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