1-bed · 840 sqftMazaya 09, Liwan · 7th floor · completed 2012

708, Mazaya 09

Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 450K18 February 2020
Current rentAED 36K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Mazaya 09

What is 708 worth today?

Last sold for AED 450,000 in 2020

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15 Nov 2023RentedRenewal
AED 35,700/yr12 months · AED 43 per sqft
15 Nov 2022RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
1 Mar 2020RentedNew contract
AED 32,000/yr12 months · AED 38 per sqft
18 Feb 2020Sold by developerReady
AED 450,000AED 535 per sqft

Source: Dubai Land Department. Updated 15 November 2023.

Key facts

Type
1-bed apartment
Size
840 sqft
Floor
7th of 9
Parking
G-71
Developer
Al Mazaya Holding Company
Completed
2012
Service charge
AED 9,300 /yr
Last sold
AED 450K · February 2020
Building
Mazaya 09

About 708, Mazaya 09

708 is a one-bedroom apartment of 840 sqft on the 7th floor of Mazaya 09, a 9-storey tower in Liwan completed in 2012 by Al Mazaya Holding Company. The developer sold it on 18 February 2020 for AED 450,000, or AED 535 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 35,700 a year: a gross yield of 7.9% on the 2020 price, before the service charge of about AED 9,300 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical one-bed in Mazaya 09
400K600K2014201820222026Typical sale price by year: 2014 AED 550,000; 2015 AED 512,422; 2016 AED 536,093; 2017 AED 621,126; 2018 AED 580,459; 2022 AED 350,000; 2023 AED 400,000; 2025 AED 575,000; 2026 AED 560,000Sold by developer, February 2020: AED 450,000 (AED 535 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in Mazaya 09
40K2017202020232026Typical rent by year: 2017 AED 46,000; 2018 AED 45,000; 2019 AED 34,000; 2020 AED 30,000; 2021 AED 27,050; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 39,000; 2025 AED 43,890; 2026 AED 50,000New contract, March 2020: AED 32,000 a yearNew contract, November 2022: AED 34,000 a yearRenewal, November 2023: AED 35,700 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 09, and where 708 sits

All 45 1-beds →

Over the last 12 months one-beds sold for AED 510,000 to 620,000, around AED 744 per sqft, and rent for AED 34,650 to 95,000 a year. 708's AED 35,700 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 2026560,000
12 Oct 2026510,000
4 Sep 2026620,000
7 May 2026550,000
6 1-bed sales in the last 12 months

Mazaya 09

Building

72 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2012 by Al Mazaya Holding Company. 8 sold in the last 12 months.

Typical price per sqft
AED 726
Typical sale
AED 585K
Typical rent
AED 50K /yr
Typical yield
8.3%
Mazaya 09, Liwan: prices, sales and rents →

Other units on the 7th floor

All 72 units in Mazaya 09
Value
7012-bedAED 721K · Aug 2016
7021-bedAED 400K · May 2023
7031-bedAED 510K · Oct 2026
7042-bedAED 925K · Feb 2025
7051-bedAED 596K · Jul 2016
7061-bedAED 693K · Oct 2017
7073-bedAED 950K · Dec 2018

708, Mazaya 09 in numbers

  • Sold once: by Al Mazaya Holding Company on 18 February 2020 for AED 450,000, or AED 535 per sqft.
  • Rented since March 2020 on 3 Ejari contracts, from AED 32,000 to AED 35,700 a year.
  • At AED 35,700 a year the gross yield on the 2020 price is 7.9%, before a service charge of about AED 9,300 a year (AED 11.06 per sqft).
  • One-beds in Mazaya 09 sold for AED 510,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 726 per sqft.

Source: Dubai Land Department. Updated 15 November 2023.

Questions about 708, Mazaya 09

What did unit 708 last sell for?

AED 450,000 on 18 February 2020, sold by the developer: AED 535 per sqft for 840 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 35,700 a year on the contract renewed on 15 November 2023. The previous contract, from November 2022, was AED 34,000; the unit has been rented since March 2020.

How big is unit 708?

840 sqft (78.0 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2012.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 09 sold for AED 510,000 to 620,000 in the last 12 months, around AED 744 per sqft.

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Mortgage on 708, Mazaya 09

Starts from the last sale price (AED 450K, 18 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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