1-bed · 891 sqftMazaya 04, Liwan · 7th floor · completed 2014

717, Mazaya 04

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 717 · DLD and Ejari recordsUpdated 15 September 2019
Last soldAED 645K14 April 2009
Current rentAED 36K /yr15 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 717, Mazaya 04

What is 717 worth today?

Last sold for AED 644,677 in 2009

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15 Sep 2019RentedNew contract
AED 36,000/yr12 months · AED 40 per sqft
1 Aug 2018RentedNew contract
AED 45,000/yr12 months · AED 50 per sqft
28 May 2017RentedNew contract
AED 58,000/yr12 months · AED 65 per sqft
2 Feb 2015RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
14 Apr 2009Sold by developerOff-plan
AED 644,677AED 723 per sqft

Source: Dubai Land Department. Updated 15 September 2019.

Key facts

Type
1-bed apartment
Size
891 sqft
Floor
7th of 13
Parking
G-47
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,900 /yr
Last sold
AED 645K · April 2009
Building
Mazaya 04

About 717, Mazaya 04

717 is a one-bedroom apartment of 891 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 14 April 2009 for AED 644,677, or AED 723 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 4 Ejari contracts. The current contract, signed on 15 September 2019, is AED 36,000 a year: a gross yield of 5.6% on the 2009 price, before the service charge of about AED 4,900 a year.

Sales and rents for 717 over time

Sales
Unit 717, 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, April 2009: AED 644,677 (AED 723 per sqft)

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

Rents
Unit 717, 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 60,000 a yearNew contract, May 2017: AED 58,000 a yearNew contract, August 2018: AED 45,000 a yearNew contract, September 2019: 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 717 sits

All 140 1-beds →

717 last sold in April 2009 at AED 723 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. 717'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

717, Mazaya 04 in numbers

  • Sold once: by Al Mazaya Real Estate on 14 April 2009 for AED 644,677, or AED 723 per sqft.
  • Rented since February 2015 on 4 Ejari contracts, from AED 60,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2009 price is 5.6%, before a service charge of about AED 4,900 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 15 September 2019.

Questions about 717, Mazaya 04

What did unit 717 last sell for?

AED 644,677 on 14 April 2009, sold by the developer: AED 723 per sqft for 891 sqft. It is the only registered sale of the unit.

What is the rent for unit 717?

AED 36,000 a year on the contract signed on 15 September 2019. The previous contract, from August 2018, was AED 45,000; the unit has been rented since February 2015.

How big is unit 717?

891 sqft (82.8 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2014.

What is unit 717 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 717, Mazaya 04

Starts from the last sale price (AED 645K, 14 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 644,677
Deposit, UAE resident (20%)
AED 128,935
Deposit, non-resident (40%)
AED 257,871
Monthly over 25 years at 3.7%
AED 2,638

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