Home
Dubai prices
About
Research
1-bed · 641 sqftMazaya 03, Liwan · 7th floor · completed 2014

703, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 10 October 2020
Last soldAED 468K5 May 2009
Current rentAED 24K /yr10 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 703

Property timeline for 703, Mazaya 03

What is 703 worth today?

Last sold for AED 467,690 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Oct 2020RentedNew contract
AED 24,000/yr12 months · AED 37 per sqft
4 Aug 2019RentedNew contract
AED 32,000/yr12 months · AED 50 per sqft
23 Oct 2016RentedNew contract
AED 49,000/yr12 months · AED 76 per sqft
5 May 2009Sold by developerOff-plan
AED 467,690AED 729 per sqft

Source: Dubai Land Department. Updated 10 October 2020.

Key facts

Type
1-bed apartment
Size
641 sqft
Floor
7th of 14
Parking
G-21
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 468K · May 2009
Building
Mazaya 03

About 703, Mazaya 03

703 is a one-bedroom apartment of 641 sqft on the 7th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 5 May 2009 for AED 467,690, or AED 729 per sqft, 3% above the AED 705 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 10 October 2020, is AED 24,000 a year: a gross yield of 5.1% on the 2009 price, before the service charge of about AED 4,700 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Mazaya 03
300K400K500K2009201420192024Typical sale price by year: 2009 AED 459,556; 2013 AED 491,929; 2014 AED 457,725; 2015 AED 308,795; 2016 AED 450,000; 2017 AED 475,000; 2018 AED 400,000; 2019 AED 375,000; 2021 AED 310,000; 2025 AED 376,653Sold by developer, May 2009: AED 467,690 (AED 729 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Mazaya 03
20K40K20152017201920212023Typical rent by year: 2015 AED 52,000; 2016 AED 50,000; 2017 AED 47,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 25,000; 2022 AED 25,300New contract, October 2016: AED 49,000 a yearNew contract, August 2019: AED 32,000 a yearNew contract, October 2020: AED 24,000 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 03, and where 703 sits

All 141 1-beds →

703 last sold in May 2009 at AED 729 per sqft, 3% above what one-beds in Mazaya 03 were fetching at the time (AED 705). Over the last 12 months one-beds sold for AED 380,000 to 520,000, around AED 606 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
31 Jan 2026450,000
28 Jan 2026520,000
29 Dec 2025380,000
7 Jul 2025364,248
4 1-bed sales in the last 12 months

Mazaya 03

Building

219 apartments, studios to 3-bed over 14 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 5 sold in the last 12 months.

Typical price per sqft
AED 582
Typical sale
AED 499K
Typical rent
AED 50K /yr
Typical yield
6.6%
Mazaya 03, Liwan: prices, sales and rents →

Other units on the 7th floor

All 219 units in Mazaya 03
Value
7011-bedAED 389K · May 2009
7021-bedAED 380K · Dec 2025
7041-bedAED 242K · Jun 2015
7052-bedAED 883K · May 2009
7062-bedAED 500K · Dec 2021
7071-bedAED 635K · Dec 2017
7081-bedAED 347K · Jul 2015
1–7 of 17

703, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 5 May 2009 for AED 467,690, or AED 729 per sqft.
  • Rented since October 2016 on 3 Ejari contracts, from AED 49,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2009 price is 5.1%, before a service charge of about AED 4,700 a year (AED 7.37 per sqft).
  • One-beds in Mazaya 03 sold for AED 380,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 582 per sqft.

Source: Dubai Land Department. Updated 10 October 2020.

Questions about 703, Mazaya 03

What did unit 703 last sell for?

AED 467,690 on 5 May 2009, sold by the developer: AED 729 per sqft for 641 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 24,000 a year on the contract signed on 10 October 2020. The previous contract, from August 2019, was AED 32,000; the unit has been rented since October 2016.

How big is unit 703?

641 sqft (59.6 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2014.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 03 sold for AED 380,000 to 520,000 in the last 12 months, around AED 606 per sqft.

Selling 703? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 703, Mazaya 03

Starts from the last sale price (AED 468K, 5 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 467,690
Deposit, UAE resident (20%)
AED 93,538
Deposit, non-resident (40%)
AED 187,076
Monthly over 25 years at 3.7%
AED 1,913

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