1-bed · 728 sqftMazaya 15, Liwan · 7th floor · completed 2014

704, Mazaya 15

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 2 June 2026
Last soldAED 345K28 April 2023
Current rentAED 45K /yr2 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Mazaya 15

What is 704 worth today?

Last sold for AED 345,000 in 2023

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2 Jun 2026RentedRenewal
AED 45,000/yr12 months · AED 62 per sqft
2 Jun 2025RentedRenewal
AED 44,550/yr12 months · AED 61 per sqft
2 Jun 2024RentedNew contract
AED 40,500/yr12 months · AED 56 per sqft
28 Apr 2023SoldReady
AED 345,000AED 474 per sqft
5 Mar 2022RentedRenewal
AED 30,000/yr12 months · AED 41 per sqft
5 Mar 2021RentedRenewal
AED 28,000/yr12 months · AED 38 per sqft
5 Mar 2020RentedNew contract
AED 28,000/yr12 months · AED 38 per sqft
12 Aug 2018RentedRenewal
AED 44,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 2 June 2026.

Key facts

Type
1-bed apartment
Size
728 sqft
Floor
7th of 10
Parking
G-16
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,000 /yr
Last sold
AED 345K · April 2023
Building
Mazaya 15

About 704, Mazaya 15

704 is a one-bedroom apartment of 728 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 28 April 2023 for AED 345,000, or AED 474 per sqft, 4% above the AED 454 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 2 June 2026, is AED 45,000 a year: a gross yield of 13.0% on the 2023 price, before the service charge of about AED 7,000 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Mazaya 15
400K600K2009201420192024Typical sale price by year: 2009 AED 531,221; 2013 AED 374,500; 2015 AED 332,286; 2016 AED 564,292; 2017 AED 530,000; 2018 AED 565,000; 2022 AED 317,500; 2023 AED 387,000; 2024 AED 442,500; 2025 AED 537,500; 2026 AED 585,000Sold by developer, April 2009: AED 544,805 (AED 748 per sqft)Sold, April 2023: AED 345,000 (AED 474 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Mazaya 15
40K20152018202120242027Typical rent by year: 2015 AED 53,000; 2016 AED 51,500; 2017 AED 46,000; 2018 AED 41,500; 2019 AED 35,000; 2020 AED 29,918; 2021 AED 25,600; 2022 AED 28,875; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 46,000; 2026 AED 50,000New contract, August 2015: AED 50,000 a yearRenewal, August 2016: AED 50,000 a yearRenewal, August 2017: AED 46,000 a yearRenewal, August 2018: AED 44,000 a yearNew contract, March 2020: AED 28,000 a yearRenewal, March 2021: AED 28,000 a yearRenewal, March 2022: AED 30,000 a yearNew contract, June 2024: AED 40,500 a yearRenewal, June 2025: AED 44,550 a yearRenewal, June 2026: AED 45,000 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 15, and where 704 sits

All 48 1-beds →

704 last sold in April 2023 at AED 474 per sqft, 4% above what one-beds in Mazaya 15 were fetching at the time (AED 454). 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. 704's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 2026620,000
8 Jun 2026495,000
15 Apr 2026550,000
6 Jan 2026655,979
4 1-bed sales in the last 12 months

Mazaya 15

Building

82 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%
Mazaya 15, Liwan: prices, sales and rents →

Other units on the 7th floor

All 82 units in Mazaya 15
Value
7011-bedAED 300K · Jun 2016
7023-bedAED 1.15M · Aug 2024
7032-bedAED 582K · Aug 2015
7052-bedAED 1.37M · May 2016
7063-bedAED 1.22M · Jan 2017

704, Mazaya 15 in numbers

  • Sold twice: first on 28 April 2009 for AED 544,805, last on 28 April 2023 for AED 345,000 (AED 474 per sqft).
  • Rented since August 2015 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 28,000 in 2021 and recovered to AED 45,000 by June 2026.
  • At AED 45,000 a year the gross yield on the 2023 price is 13.0%, before a service charge of about AED 7,000 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 2 June 2026.

Questions about 704, Mazaya 15

What did unit 704 last sell for?

AED 345,000 on 28 April 2023: AED 474 per sqft for 728 sqft. The unit has 2 registered sales; the first was AED 544,805 in April 2009.

What is the rent for unit 704?

AED 45,000 a year on the contract renewed on 2 June 2026. The previous contract, from June 2025, was AED 44,550; the unit has been rented since August 2015.

How big is unit 704?

728 sqft (67.6 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2014.

What is unit 704 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 704, Mazaya 15

Starts from the last sale price (AED 345K, 28 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 345,000
Deposit, UAE resident (20%)
AED 69,000
Deposit, non-resident (40%)
AED 138,000
Monthly over 25 years at 3.7%
AED 1,412

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