1-bed · 997 sqftMazaya 04, Liwan · 7th floor · completed 2014

708, Mazaya 04

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 26 November 2020
Last soldAED 710K22 December 2014
Current rentAED 28K /yr26 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Mazaya 04

What is 708 worth today?

Last sold for AED 710,122 in 2014

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26 Nov 2020RentedNew contract
AED 28,000/yr12 months · AED 28 per sqft
10 May 2020RentedNew contract
AED 31,000/yr12 months · AED 31 per sqft
10 Mar 2019RentedNew contract
AED 44,000/yr12 months · AED 44 per sqft
1 Mar 2018RentedNew contract
AED 47,000/yr12 months · AED 47 per sqft
10 Dec 2016RentedNew contract
AED 60,000/yr12 months · AED 60 per sqft
22 Dec 2014SoldReady
AED 710,122AED 712 per sqft
13 Apr 2009Sold by developerOff-plan
AED 710,122AED 712 per sqft

Source: Dubai Land Department. Updated 26 November 2020.

Key facts

Type
1-bed apartment
Size
997 sqft
Floor
7th of 13
Parking
B-51
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 5,500 /yr
Last sold
AED 710K · December 2014
Building
Mazaya 04

About 708, Mazaya 04

708 is a one-bedroom apartment of 997 sqft on the 7th floor of Mazaya 04, a 13-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 22 December 2014 for AED 710,122, or AED 712 per sqft, in line with the AED 712 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 26 November 2020, is AED 28,000 a year: a gross yield of 3.9% on the 2014 price, before the service charge of about AED 5,500 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical one-bed in Mazaya 04
200K400K600K2009201420192024Typical sale price by year: 2009 AED 412,907; 2013 AED 377,568; 2014 AED 392,326; 2015 AED 390,794; 2016 AED 460,000; 2017 AED 480,000; 2018 AED 380,000; 2019 AED 340,000; 2020 AED 302,500; 2021 AED 277,500; 2022 AED 277,500; 2023 AED 300,000; 2025 AED 332,000; 2026 AED 311,530Sold by developer, April 2009: AED 710,122 (AED 712 per sqft)Sold, December 2014: AED 710,122 (AED 712 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in Mazaya 04
20K40K60K20142017202020232026Typical rent by year: 2014 AED 48,000; 2015 AED 48,000; 2016 AED 49,733; 2017 AED 47,000; 2018 AED 40,000; 2019 AED 32,100; 2020 AED 28,000; 2021 AED 24,000; 2022 AED 26,500; 2023 AED 25,000; 2024 AED 35,000; 2025 AED 49,000New contract, December 2016: AED 60,000 a yearNew contract, March 2018: AED 47,000 a yearNew contract, March 2019: AED 44,000 a yearNew contract, May 2020: AED 31,000 a yearNew contract, November 2020: AED 28,000 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 04, and where 708 sits

All 137 1-beds →

708 last sold in December 2014 at AED 712 per sqft, in line with what one-beds in Mazaya 04 were fetching at the time (AED 712). Over the last 12 months one-beds sold for AED 289,298 to 507,360, around AED 566 per sqft, and rent for AED 50,000 to 50,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 2026420,000
9 Jan 2026305,000
8 Jan 2026289,298
8 Jan 2026318,060
6 1-bed sales in the last 12 months

Mazaya 04

Building

216 apartments, 1-bed to 3-bed over 13 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 8 sold in the last 12 months.

Typical price per sqft
AED 529
Typical sale
AED 417K
Typical rent
AED 50K /yr
Typical yield
17.3%
Mazaya 04, Liwan: prices, sales and rents →

Other units on the 7th floor

All 216 units in Mazaya 04
Value
7011-bedAED 325K · Sep 2020
7022-bedAED 418K · Jan 2015
7032-bedAED 360K · Nov 2016
7041-bedAED 450K · Nov 2015
7051-bedAED 332K · Feb 2025
7061-bedAED 673K · May 2009
7071-bedAED 405K · Nov 2018
1–7 of 16

708, Mazaya 04 in numbers

  • Sold twice: first on 13 April 2009 for AED 710,122, last on 22 December 2014 for AED 710,122 (AED 712 per sqft).
  • Rented since December 2016 on 5 Ejari contracts, from AED 60,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2014 price is 3.9%, before a service charge of about AED 5,500 a year (AED 5.49 per sqft).
  • One-beds in Mazaya 04 sold for AED 289,298–507,360 in the 12 months to November 2026; the building's median across all types is AED 529 per sqft.

Source: Dubai Land Department. Updated 26 November 2020.

Questions about 708, Mazaya 04

What did unit 708 last sell for?

AED 710,122 on 22 December 2014: AED 712 per sqft for 997 sqft. The unit has 2 registered sales; the first was AED 710,122 in April 2009.

What is the rent for unit 708?

AED 28,000 a year on the contract signed on 26 November 2020. The previous contract, from May 2020, was AED 31,000; the unit has been rented since December 2016.

How big is unit 708?

997 sqft (92.6 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2014.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 04 sold for AED 289,298 to 507,360 in the last 12 months, around AED 566 per sqft.

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Mortgage on 708, Mazaya 04

Starts from the last sale price (AED 710K, 22 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 710,122
Deposit, UAE resident (20%)
AED 142,024
Deposit, non-resident (40%)
AED 284,049
Monthly over 25 years at 3.7%
AED 2,905

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