702, Mazaya 16
Sold prices and rental history: sold once, by the developer in January 2017, 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 702, Mazaya 16
What is 702 worth today?
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Source: Dubai Land Department. Updated 10 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,070 sqft
- Floor
- 7th of 9
- Parking
- G-55
- Developer
- Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
- Completed
- 2016
- Service charge
- AED 14,500 /yr
- Last sold
- AED 535K · January 2017
- Building
- Mazaya 16
About 702, Mazaya 16
702 is a one-bedroom apartment of 1,070 sqft on the 7th floor of Mazaya 16, a 9-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 16 January 2017 for AED 534,755, or AED 500 per sqft, in line with the AED 500 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 10 September 2026, is AED 50,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 14,500 a year.
Sales and rents for 702 over time
702 has sold once; 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 16, and where 702 sits
All 72 1-beds →702 last sold in January 2017 at AED 500 per sqft, in line with what one-beds in Mazaya 16 were fetching at the time (AED 500). 702's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jan 201716 January 2017 | 829 sqft | 414,735 | 500 | ||
| 16 Jan 201716 January 2017 | 825 sqft | 412,745 | 500 | ||
| 16 Jan 201716 January 2017 | 825 sqft | 412,745 | 500 | ||
| 16 Jan 201716 January 2017 | 1,070 sqft | 534,755 | 500 |
Mazaya 16
Building108 apartments, studios to 2-bed over 9 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 47K /yr
- Typical yield
Other units on the 7th floor
All 108 units in Mazaya 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 1,040 sqft | AED 520KAED 520,170 · Jan 2017January 2017 | 34,650 /yr | |
| 703 | Studio | 398 sqft | AED 314KAED 313,741 · Sep 2016September 2016 | 29,667 /yr | |
| 704 | 1-bed | 1,053 sqft | AED 526KAED 526,465 · Jan 2017January 2017 | 44,000 /yr | |
| 705 | 1-bed | 823 sqft | AED 411KAED 411,400 · Jan 2017January 2017 | 59,000 /yr | |
| 706 | 1-bed | 829 sqft | AED 415KAED 414,735 · Jan 2017January 2017 | 44,000 /yr | |
| 707 | Studio | 628 sqft | AED 314KAED 313,880 · Jan 2017January 2017 | 28,000 /yr | |
| 708 | 1-bed | 908 sqft | AED 454KAED 454,185 · Jan 2017January 2017 | 45,000 /yr | |
| 709 | 1-bed | 825 sqft | AED 413KAED 412,745 · Jan 2017January 2017 | 40,500 /yr | |
| 710 | 2-bed | 1,288 sqft | AED 645KAED 645,300 · Jan 2017January 2017 | 60,000 /yr | |
| 711 | 2-bed | 1,191 sqft | AED 919KAED 918,672 · Sep 2016September 2016 | 63,000 /yr | |
| 712 | 1-bed | 817 sqft | AED 409KAED 408,550 · Jan 2017January 2017 | 42,000 /yr |
702, Mazaya 16 in numbers
- Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 16 January 2017 for AED 534,755, or AED 500 per sqft.
- Rented since March 2017 on 10 Ejari contracts. The rent fell from AED 58,000 to AED 34,000 in 2021 and recovered to AED 50,000 by September 2026.
- At AED 50,000 a year the gross yield on the 2017 price is 9.3%, before a service charge of about AED 14,500 a year (AED 13.60 per sqft).
Source: Dubai Land Department. Updated 10 September 2026.
Questions about 702, Mazaya 16
What did unit 702 last sell for?
AED 534,755 on 16 January 2017, sold by the developer: AED 500 per sqft for 1,070 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 50,000 a year on the contract signed on 10 September 2026. The previous contract, from September 2025, was AED 45,000; the unit has been rented since March 2017.
How big is unit 702?
1,070 sqft (99.4 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2016.
What is unit 702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 702, Mazaya 16
Starts from the last sale price (AED 535K, 16 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 534,755
- Deposit, UAE resident (20%)
- AED 106,951
- Deposit, non-resident (40%)
- AED 213,902
- Monthly over 25 years at 3.7%
- AED 2,188
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →