704, Mazaya 02
Sold prices and rental history: sold once, by the developer in March 2019, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Mazaya 02
What is 704 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,840 sqft
- Floor
- 7th of 9
- Parking
- G-60
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 17,500 /yr
- Last sold
- AED 920K · March 2019
- Building
- Mazaya 02
About 704, Mazaya 02
704 is a three-bedroom apartment of 1,840 sqft on the 7th floor of Mazaya 02, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 26 March 2019 for AED 920,000, or AED 500 per sqft.
One Ejari contract is registered, from 1 May 2024. The current contract, signed on 1 May 2024, is AED 90,000 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 17,500 a year.
Sales and rents for 704 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Mazaya 02, and where 704 sits
All 6 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202426 August 2024 | 1,757 sqft | 1,070,000 | 608 | ||
| 27 Dec 202227 December 2022 | 1,757 sqft | 850,000 | 483 | ||
| 22 Nov 202022 November 2020 | 1,840 sqft | 1,015,000 | 551 | ||
| 30 Apr 201930 April 2019 | 1,840 sqft | 800,000 | 434 |
Mazaya 02
Building91 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%
Other units on the 7th floor
All 91 units in Mazaya 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 650 sqft | AED 335KAED 335,000 · Oct 2019October 2019 | 25,000 /yr | |
| 702 | 2-bed | 1,223 sqft | AED 860KAED 860,022 · Apr 2017April 2017 | ||
| 703 | 2-bed | 1,266 sqft | AED 725KAED 725,000 · Jan 2025January 2025 | 50,692 /yr | |
| 705 | 3-bed | 1,757 sqft | AED 1.07MAED 1,070,000 · Aug 2024August 2024 | 56,000 /yr | |
| 706 | 2-bed | 1,576 sqft | AED 700KAED 700,000 · Jul 2019July 2019 | 45,000 /yr | |
| 707 | 1-bed | 656 sqft | AED 510KAED 510,000 · Jan 2018January 2018 | 50,000 /yr | |
| 708 | 2-bed | 1,513 sqft | AED 750KAED 750,000 · Oct 2019October 2019 | ||
| 709 | 1-bed | 719 sqft | AED 345KAED 345,000 · Aug 2023August 2023 |
704, Mazaya 02 in numbers
- Sold once: by Al Mazaya Real Estate on 26 March 2019 for AED 920,000, or AED 500 per sqft.
- Rented since May 2024 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2019 price is 9.8%, before a service charge of about AED 17,500 a year (AED 9.51 per sqft).
Source: Dubai Land Department. Updated 1 May 2024.
Questions about 704, Mazaya 02
What did unit 704 last sell for?
AED 920,000 on 26 March 2019, sold by the developer: AED 500 per sqft for 1,840 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 90,000 a year on the contract signed on 1 May 2024.
How big is unit 704?
1,840 sqft (170.9 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower completed in 2014.
What is unit 704 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 704, Mazaya 02
Starts from the last sale price (AED 920K, 26 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 920,000
- Deposit, UAE resident (20%)
- AED 184,000
- Deposit, non-resident (40%)
- AED 368,000
- Monthly over 25 years at 3.7%
- AED 3,764
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →