707, Mazaya 14
Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Mazaya 14
What is 707 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 April 2024.
Key facts
- Type
- Studio apartment
- Size
- 519 sqft
- Floor
- 7th of 11
- Parking
- G-33
- Developer
- Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
- Completed
- 2016
- Service charge
- AED 7,100 /yr
- Last sold
- AED 259K · December 2016
- Building
- Mazaya 14
About 707, Mazaya 14
707 is a studio of 519 sqft on the 7th floor of Mazaya 14, a 11-storey tower in Liwan completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 22 December 2016 for AED 259,305, or AED 500 per sqft, in line with the AED 500 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 10 April 2024, is AED 32,000 a year: a gross yield of 12.3% on the 2016 price, before the service charge of about AED 7,100 a year.
Sales and rents for 707 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Mazaya 14, and where 707 sits
All 22 studios →707 last sold in December 2016 at AED 500 per sqft, in line with what studios in Mazaya 14 were fetching at the time (AED 500). 707's AED 32,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Dec 201622 December 2016 | 519 sqft | 259,305 | 500 | ||
| 22 Dec 201622 December 2016 | 623 sqft | 311,350 | 500 | ||
| 22 Dec 201622 December 2016 | 519 sqft | 259,305 | 500 | ||
| 22 Dec 201622 December 2016 | 623 sqft | 311,350 | 500 |
Mazaya 14
Building121 apartments, studios to 2-bed over 11 floors in Liwan, completed in 2016 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 48K /yr
- Typical yield
Other units on the 7th floor
All 121 units in Mazaya 14| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 899 sqft | AED 450KAED 449,665 · Dec 2016December 2016 | 44,000 /yr | |
| 702 | 1-bed | 1,029 sqft | AED 515KAED 514,735 · Dec 2016December 2016 | 47,000 /yr | |
| 703 | 1-bed | 804 sqft | AED 402KAED 401,765 · Dec 2016December 2016 | 47,000 /yr | |
| 704 | 1-bed | 961 sqft | AED 480KAED 480,345 · Dec 2016December 2016 | 47,000 /yr | |
| 705 | 1-bed | 842 sqft | AED 421KAED 421,035 · Dec 2016December 2016 | 47,000 /yr | |
| 706 | 1-bed | 858 sqft | AED 429KAED 429,055 · Dec 2016December 2016 | 45,000 /yr | |
| 708 | 2-bed | 1,281 sqft | AED 642KAED 641,640 · Dec 2016December 2016 | 61,000 /yr | |
| 709 | 2-bed | 1,327 sqft | AED 665KAED 664,945 · Dec 2016December 2016 | 66,000 /yr | |
| 710 | Studio | 623 sqft | AED 311KAED 311,350 · Dec 2016December 2016 | 40,000 /yr | |
| 711 | 1-bed | 898 sqft | AED 449KAED 449,235 · Jan 2017January 2017 | 42,000 /yr |
707, Mazaya 14 in numbers
- Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 22 December 2016 for AED 259,305, or AED 500 per sqft.
- Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 24,000 in 2020 and recovered to AED 32,000 by April 2024.
- At AED 32,000 a year the gross yield on the 2016 price is 12.3%, before a service charge of about AED 7,100 a year (AED 13.60 per sqft).
Source: Dubai Land Department. Updated 10 April 2024.
Questions about 707, Mazaya 14
What did unit 707 last sell for?
AED 259,305 on 22 December 2016, sold by the developer: AED 500 per sqft for 519 sqft. It is the only registered sale of the unit.
What is the rent for unit 707?
AED 32,000 a year on the contract renewed on 10 April 2024. The previous contract, from April 2023, was AED 32,000; the unit has been rented since January 2017.
How big is unit 707?
519 sqft (48.2 sqm): a studio on the 7th floor of a 11-storey tower completed in 2016.
What is unit 707 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 707? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 707, Mazaya 14
Starts from the last sale price (AED 259K, 22 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 259,305
- Deposit, UAE resident (20%)
- AED 51,861
- Deposit, non-resident (40%)
- AED 103,722
- Monthly over 25 years at 3.7%
- AED 1,061
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →