704, Mazaya 08
Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Mazaya 08
What is 704 worth today?
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Source: Dubai Land Department. Updated 28 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,073 sqft
- Floor
- 7th of 9
- Parking
- G-61
- Developer
- Al Mazaya Real Estate
- Completed
- 2017
- Service charge
- AED 9,500 /yr
- Last sold
- AED 395K · November 2017
- Building
- Mazaya 08
About 704, Mazaya 08
704 is a two-bedroom apartment of 1,073 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 21 November 2017 for AED 394,588, or AED 367 per sqft, 48% below the AED 704 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 28 November 2023, is AED 22,718 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 9,500 a year.
Sales and rents for 704 over time
704 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 08, and where 704 sits
All 36 2-beds →704 last sold in November 2017 at AED 367 per sqft, 48% below what two-beds in Mazaya 08 were fetching at the time (AED 704). 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. 704's AED 22,718 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 1,109 sqft | 825,000 | 743 | ||
| 25 Mar 202625 March 2026 | 1,073 sqft | 850,000 | 791 | ||
| 25 Dec 202525 December 2025 | 1,021 sqft | 850,000 | 832 | ||
| 5 Dec 20255 December 2025 | 1,022 sqft | 850,000 | 831 |
Mazaya 08
Building90 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%
Other units on the 7th floor
All 90 units in Mazaya 08| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,109 sqft | AED 650KAED 650,000 · Apr 2024April 2024 | 66,000 /yr | |
| 702 | 2-bed | 1,021 sqft | AED 769KAED 769,202 · Apr 2016April 2016 | 50,600 /yr | |
| 703 | 2-bed | 1,011 sqft | AED 756KAED 756,263 · Aug 2017August 2017 | 75,000 /yr | |
| 705 | 1-bed | 849 sqft | AED 530KAED 530,000 · May 2025May 2025 | 31,000 /yr | |
| 706 | 1-bed | 833 sqft | AED 566KAED 566,100 · May 2015May 2015 | 45,000 /yr | |
| 707 | 3-bed | 1,565 sqft | AED 1.03MAED 1,032,423 · Jun 2017June 2017 | ||
| 708 | 3-bed | 1,561 sqft | AED 1.14MAED 1,136,000 · Aug 2015August 2015 | 93,000 /yr | |
| 709 | 1-bed | 827 sqft | AED 350KAED 350,000 · Jun 2021June 2021 | 50,000 /yr | |
| 710 | 1-bed | 858 sqft | AED 581KAED 581,400 · Mar 2015March 2015 | 42,000 /yr |
704, Mazaya 08 in numbers
- Sold once: by Al Mazaya Real Estate on 21 November 2017 for AED 394,588, or AED 367 per sqft.
- Rented since October 2020 on 4 Ejari contracts, from AED 38,000 to AED 22,718 a year.
- At AED 22,718 a year the gross yield on the 2017 price is 5.8%, before a service charge of about AED 9,500 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 28 November 2023.
Questions about 704, Mazaya 08
What did unit 704 last sell for?
AED 394,588 on 21 November 2017, sold by the developer: AED 367 per sqft for 1,073 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 22,718 a year on the contract renewed on 28 November 2023. The previous contract, from November 2022, was AED 40,000; the unit has been rented since October 2020.
How big is unit 704?
1,073 sqft (99.7 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit 704 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 704, Mazaya 08
Starts from the last sale price (AED 395K, 21 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 394,588
- Deposit, UAE resident (20%)
- AED 78,918
- Deposit, non-resident (40%)
- AED 157,835
- Monthly over 25 years at 3.7%
- AED 1,614
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →