701, Mazaya 15
Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Mazaya 15
What is 701 worth today?
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Source: Dubai Land Department. Updated 22 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 739 sqft
- Floor
- 7th of 10
- Parking
- G-13
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 7,100 /yr
- Last sold
- AED 300K · June 2016
- Building
- Mazaya 15
About 701, Mazaya 15
701 is a one-bedroom apartment of 739 sqft on the 7th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 20 June 2016 for AED 300,000, or AED 406 per sqft, in line with the AED 406 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 22 December 2022, is AED 25,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 7,100 a year.
Sales and rents for 701 over time
701 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 15, and where 701 sits
All 48 1-beds →701 last sold in June 2016 at AED 406 per sqft, in line with what one-beds in Mazaya 15 were fetching at the time (AED 406). Over the last 12 months one-beds sold for AED 495,000 to 655,979, around AED 730 per sqft, and rent for AED 38,808 to 56,000 a year. 701's AED 25,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 834 sqft | 620,000 | 743 | ||
| 8 Jun 20268 June 2026 | 668 sqft | 495,000 | 740 | ||
| 15 Apr 202615 April 2026 | 765 sqft | 550,000 | 719 | ||
| 6 Jan 20266 January 2026 | 1,143 sqft | 655,979 | 573 |
Mazaya 15
Building82 apartments, 1-bed to 3-bed over 10 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 6 sold in the last 12 months.
- Typical price per sqft
- AED 737
- Typical sale
- AED 638K
- Typical rent
- AED 52K /yr
- Typical yield
- 8.8%
Other units on the 7th floor
All 82 units in Mazaya 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 1,854 sqft | AED 1.15MAED 1,150,000 · Aug 2024August 2024 | 66,000 /yr | |
| 703 | 2-bed | 1,522 sqft | AED 582KAED 582,054 · Aug 2015August 2015 | ||
| 704 | 1-bed | 728 sqft | AED 345KAED 345,000 · Apr 2023April 2023 | 45,000 /yr | |
| 705 | 2-bed | 1,526 sqft | AED 1.37MAED 1,373,220 · May 2016May 2016 | 65,000 /yr | |
| 706 | 3-bed | 1,882 sqft | AED 1.22MAED 1,224,000 · Jan 2017January 2017 | 74,000 /yr |
701, Mazaya 15 in numbers
- Sold twice: first on 11 May 2009 for AED 527,814, last on 20 June 2016 for AED 300,000 (AED 406 per sqft).
- Rented since July 2016 on 7 Ejari contracts, from AED 49,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 7,100 a year (AED 9.65 per sqft).
- One-beds in Mazaya 15 sold for AED 495,000–655,979 in the 12 months to November 2026; the building's median across all types is AED 737 per sqft.
Source: Dubai Land Department. Updated 22 December 2022.
Questions about 701, Mazaya 15
What did unit 701 last sell for?
AED 300,000 on 20 June 2016: AED 406 per sqft for 739 sqft. The unit has 2 registered sales; the first was AED 527,814 in May 2009.
What is the rent for unit 701?
AED 25,000 a year on the contract signed on 22 December 2022. The previous contract, from December 2020, was AED 25,000; the unit has been rented since July 2016.
How big is unit 701?
739 sqft (68.7 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2014.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 15 sold for AED 495,000 to 655,979 in the last 12 months, around AED 730 per sqft.
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Mortgage on 701, Mazaya 15
Starts from the last sale price (AED 300K, 20 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →