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1-bed · 934 sqftMazaya 03, Liwan · 7th floor · completed 2014

709, Mazaya 03

Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 17 May 2021
Last soldAED 320K17 May 2021
Current rentAED 35K /yr5 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 709, Mazaya 03

What is 709 worth today?

Last sold for AED 320,000 in 2021

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17 May 2021SoldReady
AED 320,000AED 342 per sqft
5 Mar 2020RentedRenewal
AED 35,000/yr12 months · AED 37 per sqft
5 Mar 2019RentedRenewal
AED 42,000/yr12 months · AED 45 per sqft
5 Mar 2018RentedNew contract
AED 47,000/yr12 months · AED 50 per sqft
21 Apr 2016RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
17 Jun 2015Sold by developerReady
AED 345,655AED 370 per sqft
21 Apr 2015RentedNew contract
AED 60,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 17 May 2021.

Key facts

Type
1-bed apartment
Size
934 sqft
Floor
7th of 14
Parking
G-108
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 320K · May 2021
Building
Mazaya 03

About 709, Mazaya 03

709 is a one-bedroom apartment of 934 sqft on the 7th floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 17 May 2021 for AED 320,000, or AED 342 per sqft, 14% below the AED 397 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 5 March 2020, is AED 35,000 a year: a gross yield of 10.9% on the 2021 price, before the service charge of about AED 6,900 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, June 2015: AED 345,655 (AED 370 per sqft)Sold, May 2021: AED 320,000 (AED 342 per sqft)

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

Rents
Unit 709, each contractTypical one-bed in Mazaya 03
20K40K60K20152017201920212023Typical 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, April 2015: AED 60,000 a yearRenewal, April 2016: AED 55,000 a yearNew contract, March 2018: AED 47,000 a yearRenewal, March 2019: AED 42,000 a yearRenewal, March 2020: AED 35,000 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 709 sits

All 141 1-beds →

709 last sold in May 2021 at AED 342 per sqft, 14% below what one-beds in Mazaya 03 were fetching at the time (AED 397). 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
7031-bedAED 468K · May 2009
7041-bedAED 242K · Jun 2015
7052-bedAED 883K · May 2009
7062-bedAED 500K · Dec 2021
7071-bedAED 635K · Dec 2017
1–7 of 17

709, Mazaya 03 in numbers

  • Sold twice: first on 17 June 2015 for AED 345,655, last on 17 May 2021 for AED 320,000 (AED 342 per sqft).
  • Rented since April 2015 on 5 Ejari contracts, from AED 60,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2021 price is 10.9%, before a service charge of about AED 6,900 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 17 May 2021.

Questions about 709, Mazaya 03

What did unit 709 last sell for?

AED 320,000 on 17 May 2021: AED 342 per sqft for 934 sqft. The unit has 2 registered sales; the first was AED 345,655 in June 2015.

What is the rent for unit 709?

AED 35,000 a year on the contract renewed on 5 March 2020. The previous contract, from March 2019, was AED 42,000; the unit has been rented since April 2015.

How big is unit 709?

934 sqft (86.8 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2014.

What is unit 709 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.

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Mortgage on 709, Mazaya 03

Starts from the last sale price (AED 320K, 17 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

Plus AED 16,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →