2-bed · 1,288 sqftMazaya 16, Liwan · 7th floor · completed 2016

710, 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.

Unit 710 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 645K12 January 2017
Current rentAED 60K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Mazaya 16

What is 710 worth today?

Last sold for AED 645,300 in 2017

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15 May 2025RentedRenewal
AED 60,000/yr12 months · AED 47 per sqft
15 May 2025RentedRenewal
AED 60,000/yr12 months · AED 47 per sqft
15 May 2024RentedNew contract
AED 57,000/yr12 months · AED 44 per sqft
15 May 2021RentedRenewal
AED 48,000/yr12 months · AED 37 per sqft
15 May 2020RentedNew contract
AED 52,000/yr12 months · AED 40 per sqft
10 Feb 2019RentedRenewal
AED 64,000/yr12 months · AED 50 per sqft
10 Feb 2018RentedRenewal
AED 75,000/yr12 months · AED 58 per sqft
10 Feb 2017RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
2-bed apartment
Size
1,288 sqft
Floor
7th of 9
Parking
G-66
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2016
Service charge
AED 17,500 /yr
Last sold
AED 645K · January 2017
Building
Mazaya 16

About 710, Mazaya 16

710 is a two-bedroom apartment of 1,288 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 12 January 2017 for AED 645,300, or AED 500 per sqft, 35% below the AED 771 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 15 May 2025, is AED 60,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 17,500 a year.

Sales and rents for 710 over time

Sales
Unit 710, each saleTypical two-bed in Mazaya 16
600K800K201620172018Typical sale price by year: 2016 AED 918,672; 2017 AED 645,300Sold by developer, January 2017: AED 645,300 (AED 500 per sqft)

710 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 710, each contractTypical two-bed in Mazaya 16
60K2017202020232026Typical rent by year: 2017 AED 71,000; 2018 AED 69,000; 2019 AED 59,081; 2020 AED 51,000; 2021 AED 48,000; 2022 AED 50,000; 2023 AED 53,500; 2024 AED 57,000; 2025 AED 60,000; 2026 AED 72,000New contract, February 2017: AED 75,000 a yearRenewal, February 2018: AED 75,000 a yearRenewal, February 2019: AED 64,000 a yearNew contract, May 2020: AED 52,000 a yearRenewal, May 2021: AED 48,000 a yearNew contract, May 2024: AED 57,000 a yearRenewal, May 2025: AED 60,000 a yearRenewal, May 2025: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 16, and where 710 sits

All 18 2-beds →

710 last sold in January 2017 at AED 500 per sqft, 35% below what two-beds in Mazaya 16 were fetching at the time (AED 771). 710's AED 60,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jan 2017645,515
16 Jan 2017645,515
16 Jan 2017645,300
16 Jan 2017596,810
0 2-bed sales in the last 12 months

Mazaya 16

Building

108 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
Mazaya 16, Liwan: prices, sales and rents →

Other units on the 7th floor

All 108 units in Mazaya 16
Value
7011-bedAED 520K · Jan 2017
7021-bedAED 535K · Jan 2017
703StudioAED 314K · Sep 2016
7041-bedAED 526K · Jan 2017
7051-bedAED 411K · Jan 2017
7061-bedAED 415K · Jan 2017
707StudioAED 314K · Jan 2017
1–7 of 11

710, Mazaya 16 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 12 January 2017 for AED 645,300, or AED 500 per sqft.
  • Rented since February 2017 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 48,000 in 2021 and recovered to AED 60,000 by May 2025.
  • At AED 60,000 a year the gross yield on the 2017 price is 9.3%, before a service charge of about AED 17,500 a year (AED 13.60 per sqft).

Source: Dubai Land Department. Updated 15 May 2025.

Questions about 710, Mazaya 16

What did unit 710 last sell for?

AED 645,300 on 12 January 2017, sold by the developer: AED 500 per sqft for 1,288 sqft. It is the only registered sale of the unit.

What is the rent for unit 710?

AED 60,000 a year on the contract renewed on 15 May 2025. The previous contract, from May 2025, was AED 60,000; the unit has been rented since February 2017.

How big is unit 710?

1,288 sqft (119.7 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2016.

What is unit 710 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 710, Mazaya 16

Starts from the last sale price (AED 645K, 12 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 645,300
Deposit, UAE resident (20%)
AED 129,060
Deposit, non-resident (40%)
AED 258,120
Monthly over 25 years at 3.7%
AED 2,640

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