1-bed · 816 sqftMazaya 26, Liwan · 7th floor · completed 2017

706, Mazaya 26

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 28 December 2024
Last soldAED 408K29 October 2017
Current rentAED 55K /yr28 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Mazaya 26

What is 706 worth today?

Last sold for AED 407,794 in 2017

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28 Dec 2024RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
12 Oct 2022RentedNew contract
AED 38,000/yr12 months · AED 47 per sqft
1 Mar 2021RentedNew contract
AED 32,000/yr12 months · AED 39 per sqft
1 Mar 2019RentedNew contract
AED 44,000/yr12 months · AED 54 per sqft
1 Jan 2018RentedNew contract
AED 52,400/yr13 months · AED 64 per sqft
29 Oct 2017Sold by developerOff-plan
AED 407,794AED 500 per sqft

Source: Dubai Land Department. Updated 28 December 2024.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
7th of 9
Parking
G-44
Developer
Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 408K · October 2017
Building
Mazaya 26

About 706, Mazaya 26

706 is a one-bedroom apartment of 816 sqft on the 7th floor of Mazaya 26, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 29 October 2017 for AED 407,794, 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 2018 on 5 Ejari contracts. The current contract, signed on 28 December 2024, is AED 55,000 a year: a gross yield of 13.5% on the 2017 price, before the service charge of about AED 9,500 a year.

Sales and rents for 706 over time

Rents
Unit 706, each contractTypical one-bed in Mazaya 26
40K2018202120242027Typical rent by year: 2018 AED 51,000; 2019 AED 44,000; 2020 AED 38,000; 2021 AED 32,000; 2022 AED 34,000; 2023 AED 37,000; 2024 AED 41,500; 2025 AED 44,500; 2026 AED 46,000New contract, January 2018: AED 52,400 a yearNew contract, March 2019: AED 44,000 a yearNew contract, March 2021: AED 32,000 a yearNew contract, October 2022: AED 38,000 a yearNew contract, December 2024: AED 55,000 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 26, and where 706 sits

All 72 1-beds →

706 last sold in October 2017 at AED 500 per sqft, in line with what one-beds in Mazaya 26 were fetching at the time (AED 500). 706's AED 55,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
31 Oct 2017454,779
31 Oct 2017407,794
31 Oct 2017411,131
31 Oct 2017475,661
0 1-bed sales in the last 12 months

Mazaya 26

Building

99 apartments, studios to 2-bed over 9 floors in Liwan, completed in 2017 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 48K /yr
Typical yield
Mazaya 26, Liwan: prices, sales and rents →

Other units on the 7th floor

All 99 units in Mazaya 26
Value
7011-bedAED 476K · Oct 2017
7021-bedAED 430K · Oct 2017
7031-bedAED 421K · Oct 2017
704StudioAED 319K · Oct 2017
7051-bedAED 398K · Oct 2017
7071-bedAED 455K · Oct 2017
7081-bedAED 411K · Oct 2017
1–7 of 10

706, Mazaya 26 in numbers

  • Sold once: by Al Mazaya Emirates Real Estate Development Owned By Mazaya Alghad One Person Company on 29 October 2017 for AED 407,794, or AED 500 per sqft.
  • Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 52,400 to AED 32,000 in 2021 and recovered to AED 55,000 by December 2024.
  • At AED 55,000 a year the gross yield on the 2017 price is 13.5%, before a service charge of about AED 9,500 a year (AED 11.63 per sqft).

Source: Dubai Land Department. Updated 28 December 2024.

Questions about 706, Mazaya 26

What did unit 706 last sell for?

AED 407,794 on 29 October 2017, sold by the developer: AED 500 per sqft for 816 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 55,000 a year on the contract signed on 28 December 2024. The previous contract, from October 2022, was AED 38,000; the unit has been rented since January 2018.

How big is unit 706?

816 sqft (75.8 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit 706 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 706, Mazaya 26

Starts from the last sale price (AED 408K, 29 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 407,794
Deposit, UAE resident (20%)
AED 81,559
Deposit, non-resident (40%)
AED 163,118
Monthly over 25 years at 3.7%
AED 1,668

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