1-bed · 706 sqftMazaya 07, Liwan · 7th floor · completed 2017

701, Mazaya 07

Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 504K17 August 2017
Current rentAED 36K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Mazaya 07

What is 701 worth today?

Last sold for AED 504,450 in 2017

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1 Jul 2022RentedRenewal
AED 36,000/yr12 months · AED 51 per sqft
1 Jul 2021RentedRenewal
AED 35,000/yr12 months · AED 49 per sqft
1 Jul 2020RentedRenewal
AED 37,000/yr12 months · AED 52 per sqft
1 Jul 2019RentedNew contract
AED 35,000/yr12 months · AED 49 per sqft
17 Aug 2017Sold by developerReady
AED 504,450AED 714 per sqft
10 Aug 2017RentedNew contract
AED 52,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
7th of 9
Parking
G-71
Developer
Al Mazaya Holding Company
Completed
2017
Service charge
AED 7,800 /yr
Last sold
AED 504K · August 2017
Building
Mazaya 07

About 701, Mazaya 07

701 is a one-bedroom apartment of 706 sqft on the 7th floor of Mazaya 07, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Holding Company. The developer sold it on 17 August 2017 for AED 504,450, or AED 714 per sqft, in line with the AED 720 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 36,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 7,800 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical one-bed in Mazaya 07
400K600K20142017202020232026Typical sale price by year: 2014 AED 542,487; 2015 AED 510,000; 2016 AED 516,000; 2017 AED 530,000; 2018 AED 626,273; 2022 AED 325,000; 2023 AED 395,000; 2025 AED 578,000Sold by developer, August 2017: AED 504,450 (AED 714 per sqft)

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

Rents
Unit 701, each contractTypical one-bed in Mazaya 07
40K2017202020232026Typical rent by year: 2017 AED 48,000; 2018 AED 47,000; 2019 AED 38,000; 2020 AED 31,500; 2021 AED 28,000; 2022 AED 30,081; 2023 AED 34,000; 2024 AED 39,500; 2025 AED 45,000; 2026 AED 48,000New contract, August 2017: AED 52,000 a yearNew contract, July 2019: AED 35,000 a yearRenewal, July 2020: AED 37,000 a yearRenewal, July 2021: AED 35,000 a yearRenewal, July 2022: 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 07, and where 701 sits

All 99 1-beds →

701 last sold in August 2017 at AED 714 per sqft, in line with what one-beds in Mazaya 07 were fetching at the time (AED 720). Over the last 12 months one-beds sold for AED 545,000 to 620,000, around AED 771 per sqft, and rent for AED 38,000 to 60,000 a year. 701's AED 36,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Mar 2026545,000
24 Nov 2025620,000
27 Oct 2025570,000
2 Oct 2025576,000
2 1-bed sales in the last 12 months

Mazaya 07

Building

126 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Holding Company. 2 sold in the last 12 months.

Typical price per sqft
AED 771
Typical sale
AED 583K
Typical rent
AED 50K /yr
Typical yield
8.3%
Mazaya 07, Liwan: prices, sales and rents →

Other units on the 7th floor

All 126 units in Mazaya 07
Value
7021-bedAED 502K · Jul 2017
7031-bedAED 502K · Jul 2017
7041-bedAED 502K · Aug 2017
7052-bedAED 809K · Jul 2016
7061-bedAED 326K · Oct 2017
7071-bedAED 695K · Dec 2016
7081-bedAED 600K · Jan 2015
1–7 of 13

701, Mazaya 07 in numbers

  • Sold once: by Al Mazaya Holding Company on 17 August 2017 for AED 504,450, or AED 714 per sqft.
  • Rented since August 2017 on 5 Ejari contracts, from AED 52,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2017 price is 7.1%, before a service charge of about AED 7,800 a year (AED 11.08 per sqft).
  • One-beds in Mazaya 07 sold for AED 545,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 771 per sqft.

Source: Dubai Land Department. Updated 1 July 2022.

Questions about 701, Mazaya 07

What did unit 701 last sell for?

AED 504,450 on 17 August 2017, sold by the developer: AED 714 per sqft for 706 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 36,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 35,000; the unit has been rented since August 2017.

How big is unit 701?

706 sqft (65.6 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 07 sold for AED 545,000 to 620,000 in the last 12 months, around AED 771 per sqft.

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Mortgage on 701, Mazaya 07

Starts from the last sale price (AED 504K, 17 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 504,450
Deposit, UAE resident (20%)
AED 100,890
Deposit, non-resident (40%)
AED 201,780
Monthly over 25 years at 3.7%
AED 2,064

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