1-bed · 523 sqftMazaya 04, Liwan · 7th floor · completed 2014

709, Mazaya 04

Sold prices and rental history: sold once, by the developer in April 2009, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 1 January 2018
Last soldAED 369K13 April 2009
Current rentAED 36K /yr1 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Mazaya 04

What is 709 worth today?

Last sold for AED 368,667 in 2009

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1 Jan 2018RentedNew contract
AED 36,000/yr12 months · AED 68 per sqft
15 Dec 2016RentedNew contract
AED 45,000/yr12 months · AED 85 per sqft
15 Dec 2014RentedNew contract
AED 45,000/yr12 months · AED 85 per sqft
13 Apr 2009Sold by developerOff-plan
AED 368,667AED 704 per sqft

Source: Dubai Land Department. Updated 1 January 2018.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
7th of 13
Parking
G-146
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 2,900 /yr
Last sold
AED 369K · April 2009
Building
Mazaya 04

About 709, Mazaya 04

709 is a one-bedroom apartment of 523 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 13 April 2009 for AED 368,667, or AED 704 per sqft, in line with the AED 713 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 January 2018, is AED 36,000 a year: a gross yield of 9.8% on the 2009 price, before the service charge of about AED 2,900 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical one-bed in Mazaya 04
300K400K500K2009201420192024Typical 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, April 2009: AED 368,667 (AED 704 per sqft)

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

Rents
Unit 709, 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, December 2014: AED 45,000 a yearNew contract, December 2016: AED 45,000 a yearNew contract, January 2018: AED 36,000 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 709 sits

All 140 1-beds →

709 last sold in April 2009 at AED 704 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. 709's AED 36,000 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
7071-bedAED 405K · Nov 2018
1–7 of 16

709, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 13 April 2009 for AED 368,667, or AED 704 per sqft.
  • Rented since December 2014 on 3 Ejari contracts, from AED 45,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2009 price is 9.8%, before a service charge of about AED 2,900 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 January 2018.

Questions about 709, Mazaya 04

What did unit 709 last sell for?

AED 368,667 on 13 April 2009, sold by the developer: AED 704 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 36,000 a year on the contract signed on 1 January 2018. The previous contract, from December 2016, was AED 45,000; the unit has been rented since December 2014.

How big is unit 709?

523 sqft (48.6 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2014.

What is unit 709 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 709, Mazaya 04

Starts from the last sale price (AED 369K, 13 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 368,667
Deposit, UAE resident (20%)
AED 73,733
Deposit, non-resident (40%)
AED 147,467
Monthly over 25 years at 3.7%
AED 1,508

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