1-bed · 849 sqftMazaya 08, Liwan · 7th floor · completed 2017

705, Mazaya 08

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 28 May 2025
Last soldAED 530K28 May 2025
Current rentAED 31K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Mazaya 08

What is 705 worth today?

Last sold for AED 530,000 in 2025

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28 May 2025SoldReady
AED 530,000AED 624 per sqft
1 Oct 2022RentedRenewal
AED 31,000/yr12 months · AED 36 per sqft
1 Oct 2021RentedNew contract
AED 28,000/yr12 months · AED 33 per sqft
1 Jul 2020RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
10 Jun 2019RentedRenewal
AED 44,000/yr12 months · AED 52 per sqft
10 Jun 2018RentedNew contract
AED 44,000/yr12 months · AED 52 per sqft
9 Nov 2016Sold by developerOff-plan
AED 623,710AED 3,979 per sqft

Source: Dubai Land Department. Updated 28 May 2025.

Key facts

Type
1-bed apartment
Size
849 sqft
Floor
7th of 9
Parking
G-15
Developer
Al Mazaya Real Estate
Completed
2017
Service charge
AED 7,500 /yr
Last sold
AED 530K · May 2025
Building
Mazaya 08

About 705, Mazaya 08

705 is a one-bedroom apartment of 849 sqft on the 7th floor of Mazaya 08, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Real Estate. It last sold on 28 May 2025 for AED 530,000, or AED 624 per sqft, 5% above the AED 597 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 31,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 7,500 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in Mazaya 08
400K600K2015201820212024Typical sale price by year: 2015 AED 566,100; 2016 AED 623,710; 2017 AED 643,164; 2018 AED 584,124; 2020 AED 450,000; 2021 AED 360,000; 2023 AED 400,000; 2024 AED 500,000Sold by developer, November 2016: AED 623,710 (AED 3,979 per sqft)Sold, May 2025: AED 530,000 (AED 624 per sqft)

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

Rents
Unit 705, each contractTypical one-bed in Mazaya 08
40K2017202020232026Typical rent by year: 2017 AED 50,000; 2018 AED 43,000; 2019 AED 38,000; 2020 AED 32,500; 2021 AED 30,000; 2022 AED 32,200; 2023 AED 35,200; 2024 AED 39,848; 2025 AED 46,000; 2026 AED 53,000New contract, June 2018: AED 44,000 a yearRenewal, June 2019: AED 44,000 a yearNew contract, July 2020: AED 34,000 a yearNew contract, October 2021: AED 28,000 a yearRenewal, October 2022: AED 31,000 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 08, and where 705 sits

All 36 1-beds →

705 last sold in May 2025 at AED 624 per sqft, 5% above what one-beds in Mazaya 08 were fetching at the time (AED 597). 705's AED 31,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Jun 2025690,000
31 Oct 2024555,000
22 Oct 2024500,000
16 Oct 2024498,000
0 1-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
7022-bedAED 769K · Apr 2016
7032-bedAED 756K · Aug 2017
7042-bedAED 395K · Nov 2017
7061-bedAED 566K · May 2015
7073-bedAED 1.03M · Jun 2017
7083-bedAED 1.14M · Aug 2015
1–7 of 9

705, Mazaya 08 in numbers

  • Sold twice: first on 9 November 2016 for AED 623,710, last on 28 May 2025 for AED 530,000 (AED 624 per sqft).
  • Rented since June 2018 on 5 Ejari contracts. The rent fell from AED 44,000 to AED 28,000 in 2021 and recovered to AED 31,000 by October 2022.
  • At AED 31,000 a year the gross yield on the 2025 price is 5.9%, before a service charge of about AED 7,500 a year (AED 8.86 per sqft).

Source: Dubai Land Department. Updated 28 May 2025.

Questions about 705, Mazaya 08

What did unit 705 last sell for?

AED 530,000 on 28 May 2025: AED 624 per sqft for 849 sqft. The unit has 2 registered sales; the first was AED 623,710 in November 2016.

What is the rent for unit 705?

AED 31,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 28,000; the unit has been rented since June 2018.

How big is unit 705?

849 sqft (78.9 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit 705 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 705, Mazaya 08

Starts from the last sale price (AED 530K, 28 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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