705, Mazaya 15
Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Mazaya 15
What is 705 worth today?
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Source: Dubai Land Department. Updated 17 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,526 sqft
- Floor
- 7th of 10
- Parking
- G-50
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.37M · May 2016
- Building
- Mazaya 15
About 705, Mazaya 15
705 is a two-bedroom apartment of 1,526 sqft on the 7th floor of Mazaya 15, a 10-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 2 May 2016 for AED 1,373,220, or AED 900 per sqft, 136% above the AED 382 two-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 17 July 2023, is AED 65,000 a year: a gross yield of 4.7% on the 2016 price, before the service charge of about AED 14,700 a year.
Sales and rents for 705 over time
705 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya 15, and where 705 sits
All 26 2-beds →705 last sold in May 2016 at AED 900 per sqft, 136% above what two-beds in Mazaya 15 were fetching at the time (AED 382). Over the last 12 months two-beds sold for AED 860,000, around AED 743 per sqft, and rent for AED 47,000 to 80,000 a year. 705's AED 65,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Apr 202610 April 2026 | 1,157 sqft | 860,000 | 743 | ||
| 20 Oct 202520 October 2025 | 1,184 sqft | 860,000 | 726 | ||
| 18 Jun 202518 June 2025 | 1,157 sqft | 870,000 | 751 | ||
| 13 May 202513 May 2025 | 1,415 sqft | 1,080,000 | 763 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 739 sqft | AED 300KAED 300,000 · Jun 2016June 2016 | 25,000 /yr | |
| 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 | |
| 706 | 3-bed | 1,882 sqft | AED 1.22MAED 1,224,000 · Jan 2017January 2017 | 74,000 /yr |
705, Mazaya 15 in numbers
- Sold once: by Al Mazaya Real Estate on 2 May 2016 for AED 1,373,220, or AED 900 per sqft.
- Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 52,000 in 2022 and recovered to AED 65,000 by July 2023.
- At AED 65,000 a year the gross yield on the 2016 price is 4.7%, before a service charge of about AED 14,700 a year (AED 9.65 per sqft).
- Two-beds in Mazaya 15 sold for AED 860,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 737 per sqft.
Source: Dubai Land Department. Updated 17 July 2023.
Questions about 705, Mazaya 15
What did unit 705 last sell for?
AED 1,373,220 on 2 May 2016, sold by the developer: AED 900 per sqft for 1,526 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 65,000 a year on the contract renewed on 17 July 2023. The previous contract, from July 2022, was AED 52,000; the unit has been rented since July 2018.
How big is unit 705?
1,526 sqft (141.8 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2014.
What is unit 705 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 15 sold for AED 860,000 to 860,000 in the last 12 months, around AED 743 per sqft.
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Mortgage on 705, Mazaya 15
Starts from the last sale price (AED 1.37M, 2 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,373,220
- Deposit, UAE resident (20%)
- AED 274,644
- Deposit, non-resident (40%)
- AED 549,288
- Monthly over 25 years at 3.7%
- AED 5,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →