2-bed · 1,377 sqftMazaya 07, Liwan · 7th floor · completed 2017

709, Mazaya 07

Sold prices and rental history: sold twice, last in January 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 17 February 2023
Last soldAED 425K3 January 2018
Current rentAED 65K /yr17 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Mazaya 07

What is 709 worth today?

Last sold for AED 425,000 in 2018

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17 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 47 per sqft
28 Jan 2018RentedNew contract
AED 67,000/yr12 months · AED 49 per sqft
3 Jan 2018SoldReady
AED 425,000AED 308 per sqft
29 Aug 2016Sold by developerOff-plan
AED 1,036,000AED 752 per sqft

Source: Dubai Land Department. Updated 17 February 2023.

Key facts

Type
2-bed apartment
Size
1,377 sqft
Floor
7th of 9
Parking
G-87
Developer
Al Mazaya Holding Company
Completed
2017
Service charge
AED 15,300 /yr
Last sold
AED 425K · January 2018
Building
Mazaya 07

About 709, Mazaya 07

709 is a two-bedroom apartment of 1,377 sqft on the 7th floor of Mazaya 07, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Holding Company. It last sold on 3 January 2018 for AED 425,000, or AED 308 per sqft, 55% below the AED 691 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 17 February 2023, is AED 65,000 a year: a gross yield of 15.3% on the 2018 price, before the service charge of about AED 15,300 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical two-bed in Mazaya 07
500K1M2016201720182019Typical sale price by year: 2016 AED 923,730; 2017 AED 880,000; 2018 AED 425,000Sold by developer, August 2016: AED 1,036,000 (AED 752 per sqft)Sold, January 2018: AED 425,000 (AED 308 per sqft)

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

Rents
Unit 709, each contractTypical two-bed in Mazaya 07
40K60K2017202020232026Typical rent by year: 2017 AED 71,500; 2018 AED 65,000; 2019 AED 56,500; 2020 AED 46,500; 2021 AED 45,000; 2022 AED 42,000; 2023 AED 49,500; 2024 AED 55,000; 2025 AED 62,000; 2026 AED 66,000New contract, January 2018: AED 67,000 a yearNew contract, February 2023: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 07, and where 709 sits

All 18 2-beds →

709 last sold in January 2018 at AED 308 per sqft, 55% below what two-beds in Mazaya 07 were fetching at the time (AED 691). 709's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Mar 2025650,000
31 Jan 2025915,000
12 Feb 2024820,000
3 Oct 2018750,000
0 2-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
7011-bedAED 504K · Aug 2017
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
1–7 of 13

709, Mazaya 07 in numbers

  • Sold twice: first on 29 August 2016 for AED 1,036,000, last on 3 January 2018 for AED 425,000 (AED 308 per sqft).
  • Rented since January 2018 on 2 Ejari contracts, from AED 67,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2018 price is 15.3%, before a service charge of about AED 15,300 a year (AED 11.08 per sqft).

Source: Dubai Land Department. Updated 17 February 2023.

Questions about 709, Mazaya 07

What did unit 709 last sell for?

AED 425,000 on 3 January 2018: AED 308 per sqft for 1,377 sqft. The unit has 2 registered sales; the first was AED 1,036,000 in August 2016.

What is the rent for unit 709?

AED 65,000 a year on the contract signed on 17 February 2023. The previous contract, from January 2018, was AED 67,000.

How big is unit 709?

1,377 sqft (127.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit 709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 709, Mazaya 07

Starts from the last sale price (AED 425K, 3 January 2018). 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 →