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1-bed · 550 sqftMazaya 04, Liwan · 7th floor · completed 2014

707, Mazaya 04

Sold prices and rental history: sold twice, last in November 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 1 December 2018
Last soldAED 405K27 November 2018
Current rentAED 38K /yr1 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 707, Mazaya 04

What is 707 worth today?

Last sold for AED 405,000 in 2018

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1 Dec 2018RentedNew contract
AED 38,000/yr12 months · AED 69 per sqft
27 Nov 2018SoldReady
AED 405,000AED 736 per sqft
5 Nov 2018Sold by developerReady
AED 197,606AED 359 per sqft
7 Feb 2015RentedNew contract
AED 48,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 1 December 2018.

Key facts

Type
1-bed apartment
Size
550 sqft
Floor
7th of 13
Parking
G-04
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 3,000 /yr
Last sold
AED 405K · November 2018
Building
Mazaya 04

About 707, Mazaya 04

707 is a one-bedroom apartment of 550 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 27 November 2018 for AED 405,000, or AED 736 per sqft, 10% above the AED 667 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 December 2018, is AED 38,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 3,000 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical one-bed in Mazaya 04
200K400K2009201420192024Typical 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, November 2018: AED 405,000 (AED 736 per sqft)Sold by developer, November 2018: AED 197,606 (AED 359 per sqft)

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

Rents
Unit 707, 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, February 2015: AED 48,000 a yearNew contract, December 2018: AED 38,000 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 707 sits

All 140 1-beds →

707 last sold in November 2018 at AED 736 per sqft, 10% above what one-beds in Mazaya 04 were fetching at the time (AED 667). 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. 707's AED 38,000 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
7061-bedAED 673K · May 2009
7081-bedAED 710K · Dec 2014
1–7 of 16

707, Mazaya 04 in numbers

  • Sold twice: first on 5 November 2018 for AED 197,606, last on 27 November 2018 for AED 405,000 (AED 736 per sqft).
  • Rented since February 2015 on 2 Ejari contracts, from AED 48,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 3,000 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 December 2018.

Questions about 707, Mazaya 04

What did unit 707 last sell for?

AED 405,000 on 27 November 2018: AED 736 per sqft for 550 sqft. The unit has 2 registered sales; the first was AED 197,606 in November 2018.

What is the rent for unit 707?

AED 38,000 a year on the contract signed on 1 December 2018. The previous contract, from February 2015, was AED 48,000.

How big is unit 707?

550 sqft (51.1 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2014.

What is unit 707 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 707, Mazaya 04

Starts from the last sale price (AED 405K, 27 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 405,000
Deposit, UAE resident (20%)
AED 81,000
Deposit, non-resident (40%)
AED 162,000
Monthly over 25 years at 3.7%
AED 1,657

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