1-bed · 650 sqftMazaya 02, Liwan · 7th floor · completed 2014

701, Mazaya 02

Sold prices and rental history: sold twice, last in October 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 10 August 2021
Last soldAED 335K24 October 2019
Current rentAED 25K /yr10 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Mazaya 02

What is 701 worth today?

Last sold for AED 335,000 in 2019

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10 Aug 2021RentedNew contract
AED 25,000/yr12 months · AED 39 per sqft
25 Jun 2020RentedNew contract
AED 28,000/yr12 months · AED 43 per sqft
24 Oct 2019SoldReady
AED 335,000AED 515 per sqft
25 Jun 2017RentedNew contract
AED 45,000/yr12 months · AED 70 per sqft
17 Aug 2016Sold by developerOff-plan
AED 492,836AED 757 per sqft

Source: Dubai Land Department. Updated 10 August 2021.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
7th of 9
Parking
G-17
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,200 /yr
Last sold
AED 335K · October 2019
Building
Mazaya 02

About 701, Mazaya 02

701 is a one-bedroom apartment of 650 sqft on the 7th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 24 October 2019 for AED 335,000, or AED 515 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 10 August 2021, is AED 25,000 a year: a gross yield of 7.5% on the 2019 price, before the service charge of about AED 6,200 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical one-bed in Mazaya 02
400K600K2009201420192024Typical sale price by year: 2009 AED 507,379; 2015 AED 339,142; 2016 AED 509,629; 2017 AED 577,868; 2018 AED 266,083; 2020 AED 325,000; 2022 AED 300,000; 2023 AED 380,000; 2024 AED 385,000; 2025 AED 510,000Sold by developer, August 2016: AED 492,836 (AED 757 per sqft)Sold, October 2019: AED 335,000 (AED 515 per sqft)

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

Rents
Unit 701, each contractTypical one-bed in Mazaya 02
20K40K60K2017202020232026Typical rent by year: 2017 AED 47,000; 2018 AED 44,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 35,094; 2024 AED 40,000; 2025 AED 48,000; 2026 AED 58,000New contract, June 2017: AED 45,000 a yearNew contract, June 2020: AED 28,000 a yearNew contract, August 2021: AED 25,000 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 02, and where 701 sits

All 53 1-beds →

Over the last 12 months one-beds sold for AED 545,000 to 655,000, around AED 751 per sqft, and rent for AED 42,000 to 60,000 a year. 701's AED 25,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jan 2026550,000
2 Jan 2026655,000
25 Dec 2025545,000
23 Jun 2025560,000
4 1-bed sales in the last 12 months

Mazaya 02

Building

91 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 751
Typical sale
AED 550K
Typical rent
AED 58K /yr
Typical yield
7.8%
Mazaya 02, Liwan: prices, sales and rents →

Other units on the 7th floor

All 91 units in Mazaya 02
Value
7022-bedAED 860K · Apr 2017
7032-bedAED 725K · Jan 2025
7043-bedAED 920K · Mar 2019
7053-bedAED 1.07M · Aug 2024
7062-bedAED 700K · Jul 2019
7071-bedAED 510K · Jan 2018
7082-bedAED 750K · Oct 2019
1–7 of 8

701, Mazaya 02 in numbers

  • Sold twice: first on 17 August 2016 for AED 492,836, last on 24 October 2019 for AED 335,000 (AED 515 per sqft).
  • Rented since June 2017 on 3 Ejari contracts, from AED 45,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2019 price is 7.5%, before a service charge of about AED 6,200 a year (AED 9.51 per sqft).
  • One-beds in Mazaya 02 sold for AED 545,000–655,000 in the 12 months to November 2026; the building's median across all types is AED 751 per sqft.

Source: Dubai Land Department. Updated 10 August 2021.

Questions about 701, Mazaya 02

What did unit 701 last sell for?

AED 335,000 on 24 October 2019: AED 515 per sqft for 650 sqft. The unit has 2 registered sales; the first was AED 492,836 in August 2016.

What is the rent for unit 701?

AED 25,000 a year on the contract signed on 10 August 2021. The previous contract, from June 2020, was AED 28,000; the unit has been rented since June 2017.

How big is unit 701?

650 sqft (60.4 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2014.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 02 sold for AED 545,000 to 655,000 in the last 12 months, around AED 751 per sqft.

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Mortgage on 701, Mazaya 02

Starts from the last sale price (AED 335K, 24 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 335,000
Deposit, UAE resident (20%)
AED 67,000
Deposit, non-resident (40%)
AED 134,000
Monthly over 25 years at 3.7%
AED 1,371

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