2-bed · 1,021 sqftMazaya 08, Liwan · 7th floor · completed 2017

702, Mazaya 08

Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 11 April 2025
Last soldAED 769K14 April 2016
Current rentAED 51K /yr11 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Mazaya 08

What is 702 worth today?

Last sold for AED 769,202 in 2016

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11 Apr 2025RentedNew contract
AED 50,600/yr12 months · AED 50 per sqft
11 Apr 2021RentedNew contract
AED 37,000/yr12 months · AED 36 per sqft
4 Sep 2020RentedRenewal
AED 50,000/yr6 months · AED 49 per sqft
4 Sep 2019RentedRenewal
AED 50,000/yr12 months · AED 49 per sqft
4 Sep 2018RentedNew contract
AED 50,000/yr12 months · AED 49 per sqft
14 Apr 2016Sold by developerOff-plan
AED 769,202AED 753 per sqft

Source: Dubai Land Department. Updated 11 April 2025.

Key facts

Type
2-bed apartment
Size
1,021 sqft
Floor
7th of 9
Parking
G-50
Developer
Al Mazaya Real Estate
Completed
2017
Service charge
AED 9,000 /yr
Last sold
AED 769K · April 2016
Building
Mazaya 08

About 702, Mazaya 08

702 is a two-bedroom apartment of 1,021 sqft on the 7th floor of Mazaya 08, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Real Estate. The developer sold it on 14 April 2016 for AED 769,202, or AED 753 per sqft, in line with the AED 735 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 11 April 2025, is AED 50,600 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 9,000 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Mazaya 08
600K800K2015201820212024Typical sale price by year: 2015 AED 742,000; 2016 AED 753,919; 2017 AED 770,000; 2018 AED 645,281; 2020 AED 522,500; 2021 AED 490,000; 2024 AED 655,000; 2025 AED 842,500Sold by developer, April 2016: AED 769,202 (AED 753 per sqft)

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

Rents
Unit 702, each contractTypical two-bed in Mazaya 08
40K60K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 58,000; 2019 AED 48,000; 2020 AED 44,000; 2021 AED 37,000; 2022 AED 42,000; 2023 AED 46,200; 2024 AED 52,750; 2025 AED 60,500; 2026 AED 65,000New contract, September 2018: AED 50,000 a yearRenewal, September 2019: AED 50,000 a yearRenewal, September 2020: AED 50,000 a yearNew contract, April 2021: AED 37,000 a yearNew contract, April 2025: AED 50,600 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 08, and where 702 sits

All 36 2-beds →

702 last sold in April 2016 at AED 753 per sqft, in line with what two-beds in Mazaya 08 were fetching at the time (AED 735). Over the last 12 months two-beds sold for AED 825,000 to 850,000, around AED 811 per sqft, and rent for AED 53,800 to 75,000 a year. 702's AED 50,600 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 2026825,000
25 Mar 2026850,000
25 Dec 2025850,000
5 Dec 2025850,000
4 2-bed sales in the last 12 months

Mazaya 08

Building

90 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Real Estate. 5 sold in the last 12 months.

Typical price per sqft
AED 798
Typical sale
AED 850K
Typical rent
AED 56K /yr
Typical yield
7.6%
Mazaya 08, Liwan: prices, sales and rents →

Other units on the 7th floor

All 90 units in Mazaya 08
Value
7012-bedAED 650K · Apr 2024
7032-bedAED 756K · Aug 2017
7042-bedAED 395K · Nov 2017
7051-bedAED 530K · May 2025
7061-bedAED 566K · May 2015
7073-bedAED 1.03M · Jun 2017
7083-bedAED 1.14M · Aug 2015
1–7 of 9

702, Mazaya 08 in numbers

  • Sold once: by Al Mazaya Real Estate on 14 April 2016 for AED 769,202, or AED 753 per sqft.
  • Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 37,000 in 2021 and recovered to AED 50,600 by April 2025.
  • At AED 50,600 a year the gross yield on the 2016 price is 6.6%, before a service charge of about AED 9,000 a year (AED 8.86 per sqft).
  • Two-beds in Mazaya 08 sold for AED 825,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 798 per sqft.

Source: Dubai Land Department. Updated 11 April 2025.

Questions about 702, Mazaya 08

What did unit 702 last sell for?

AED 769,202 on 14 April 2016, sold by the developer: AED 753 per sqft for 1,021 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 50,600 a year on the contract signed on 11 April 2025. The previous contract, from April 2021, was AED 37,000; the unit has been rented since September 2018.

How big is unit 702?

1,021 sqft (94.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 08 sold for AED 825,000 to 850,000 in the last 12 months, around AED 811 per sqft.

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Mortgage on 702, Mazaya 08

Starts from the last sale price (AED 769K, 14 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 769,202
Deposit, UAE resident (20%)
AED 153,840
Deposit, non-resident (40%)
AED 307,681
Monthly over 25 years at 3.7%
AED 3,147

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