716, Mazaya 04
Sold prices and rental history: sold once, by the developer in August 2017, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 716, Mazaya 04
What is 716 worth today?
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Source: Dubai Land Department. Updated 10 April 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,394 sqft
- Floor
- 7th of 13
- Parking
- B-26
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 7,700 /yr
- Last sold
- AED 425K · August 2017
- Building
- Mazaya 04
About 716, Mazaya 04
716 is a two-bedroom apartment of 1,394 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 28 August 2017 for AED 425,000, or AED 304 per sqft, 56% below the AED 691 two-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 10 April 2020, is AED 47,000 a year: a gross yield of 11.1% on the 2017 price, before the service charge of about AED 7,700 a year.
Sales and rents for 716 over time
716 has sold once; the dashed line is the two-bed median of each year in the building.
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 716 sits
All 60 2-beds →716 last sold in August 2017 at AED 304 per sqft, 56% below what two-beds in Mazaya 04 were fetching at the time (AED 691). Over the last 12 months two-beds sold for AED 540,645 to 705,052, around AED 506 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,107 sqft | 620,000 | 559 | ||
| 21 Sep 202621 September 2026 | 1,065 sqft | 540,645 | 507 | ||
| 17 Feb 202617 February 2026 | 1,394 sqft | 705,052 | 505 | ||
| 19 Jan 202619 January 2026 | 1,395 sqft | 550,000 | 394 |
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 | |
| 708 | 1-bed | 997 sqft | AED 710KAED 710,122 · Dec 2014December 2014 | 28,000 /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 | ||
| 717 | 1-bed | 891 sqft | AED 645KAED 644,677 · Apr 2009April 2009 | 36,000 /yr |
716, Mazaya 04 in numbers
- Sold once: by Al Mazaya Real Estate on 28 August 2017 for AED 425,000, or AED 304 per sqft.
- Rented since October 2017 on 3 Ejari contracts, from AED 67,000 to AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2017 price is 11.1%, before a service charge of about AED 7,700 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 10 April 2020.
Questions about 716, Mazaya 04
What did unit 716 last sell for?
AED 425,000 on 28 August 2017, sold by the developer: AED 304 per sqft for 1,394 sqft. It is the only registered sale of the unit.
What is the rent for unit 716?
AED 47,000 a year on the contract signed on 10 April 2020. The previous contract, from October 2018, was AED 60,000; the unit has been rented since October 2017.
How big is unit 716?
1,394 sqft (129.5 sqm): a two-bedroom apartment on the 7th floor of a 13-storey tower completed in 2014.
What is unit 716 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 716, Mazaya 04
Starts from the last sale price (AED 425K, 28 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 425,000
- Deposit, UAE resident (20%)
- AED 85,000
- Deposit, non-resident (40%)
- AED 170,000
- Monthly over 25 years at 3.7%
- AED 1,739
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →