708, Mazaya 04
Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Mazaya 04
What is 708 worth today?
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Source: Dubai Land Department. Updated 26 November 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 997 sqft
- Floor
- 7th of 13
- Parking
- B-51
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 5,500 /yr
- Last sold
- AED 710K · December 2014
- Building
- Mazaya 04
About 708, Mazaya 04
708 is a one-bedroom apartment of 997 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 22 December 2014 for AED 710,122, or AED 712 per sqft, in line with the AED 712 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 26 November 2020, is AED 28,000 a year: a gross yield of 3.9% on the 2014 price, before the service charge of about AED 5,500 a year.
Sales and rents for 708 over time
708 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 708 sits
All 140 1-beds →708 last sold in December 2014 at AED 712 per sqft, in line with what one-beds in Mazaya 04 were fetching at the time (AED 712). 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. 708's AED 28,000 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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 853 sqft | AED 325KAED 325,000 · Sep 2020September 2020 | 30,000 /yr | |
| 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 | |
| 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 |
708, Mazaya 04 in numbers
- Sold twice: first on 13 April 2009 for AED 710,122, last on 22 December 2014 for AED 710,122 (AED 712 per sqft).
- Rented since December 2016 on 5 Ejari contracts, from AED 60,000 to AED 28,000 a year.
- At AED 28,000 a year the gross yield on the 2014 price is 3.9%, before a service charge of about AED 5,500 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 26 November 2020.
Questions about 708, Mazaya 04
What did unit 708 last sell for?
AED 710,122 on 22 December 2014: AED 712 per sqft for 997 sqft. The unit has 2 registered sales; the first was AED 710,122 in April 2009.
What is the rent for unit 708?
AED 28,000 a year on the contract signed on 26 November 2020. The previous contract, from May 2020, was AED 31,000; the unit has been rented since December 2016.
How big is unit 708?
997 sqft (92.6 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2014.
What is unit 708 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 708, Mazaya 04
Starts from the last sale price (AED 710K, 22 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 710,122
- Deposit, UAE resident (20%)
- AED 142,024
- Deposit, non-resident (40%)
- AED 284,049
- Monthly over 25 years at 3.7%
- AED 2,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →