1-bed · 701 sqftMazaya 07, Liwan · 7th floor · completed 2017

702, Mazaya 07

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 20 February 2023
Last soldAED 502K23 July 2017
Current rentAED 35K /yr20 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Mazaya 07

What is 702 worth today?

Last sold for AED 501,600 in 2017

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20 Feb 2023RentedNew contract
AED 35,000/yr12 months · AED 50 per sqft
20 Aug 2022RentedNew contract
AED 32,000/yr12 months · AED 46 per sqft
31 Jul 2021RentedNew contract
AED 26,000/yr12 months · AED 37 per sqft
19 Jan 2020RentedNew contract
AED 32,000/yr12 months · AED 46 per sqft
23 Oct 2018RentedNew contract
AED 65,000/yr12 months · AED 93 per sqft
1 Oct 2017RentedNew contract
AED 50,000/yr12 months · AED 71 per sqft
23 Jul 2017Sold by developerReady
AED 501,600AED 715 per sqft

Source: Dubai Land Department. Updated 20 February 2023.

Key facts

Type
1-bed apartment
Size
701 sqft
Floor
7th of 9
Parking
G-07
Developer
Al Mazaya Holding Company
Completed
2017
Service charge
AED 7,800 /yr
Last sold
AED 502K · July 2017
Building
Mazaya 07

About 702, Mazaya 07

702 is a one-bedroom apartment of 701 sqft on the 7th floor of Mazaya 07, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Holding Company. The developer sold it on 23 July 2017 for AED 501,600, or AED 715 per sqft, in line with the AED 727 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 20 February 2023, is AED 35,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 7,800 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in Mazaya 07
400K600K20142017202020232026Typical sale price by year: 2014 AED 542,487; 2015 AED 510,000; 2016 AED 516,000; 2017 AED 527,500; 2018 AED 626,273; 2022 AED 325,000; 2023 AED 395,000; 2025 AED 580,000Sold by developer, July 2017: AED 501,600 (AED 715 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in Mazaya 07
20K40K60K2017202020232026Typical rent by year: 2017 AED 48,000; 2018 AED 47,500; 2019 AED 38,000; 2020 AED 31,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 34,000; 2024 AED 39,000; 2025 AED 45,250; 2026 AED 46,500New contract, October 2017: AED 50,000 a yearNew contract, October 2018: AED 65,000 a yearNew contract, January 2020: AED 32,000 a yearNew contract, July 2021: AED 26,000 a yearNew contract, August 2022: AED 32,000 a yearNew contract, February 2023: 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 07, and where 702 sits

All 94 1-beds →

702 last sold in July 2017 at AED 715 per sqft, in line with what one-beds in Mazaya 07 were fetching at the time (AED 727). Over the last 12 months one-beds sold for AED 620,000, around AED 749 per sqft, and rent for AED 38,000 to 60,000 a year. 702's AED 35,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jul 2025580,000
11 Jun 2025620,000
26 Feb 2025455,000
5 Nov 2024370,000
1 1-bed sale in the last 12 months

Mazaya 07

Building

126 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Holding Company. 1 sold in the last 12 months.

Typical price per sqft
AED 749
Typical sale
AED 620K
Typical rent
AED 46K /yr
Typical yield
8.7%
Mazaya 07, Liwan: prices, sales and rents →

Other units on the 7th floor

All 126 units in Mazaya 07
Value
7011-bedAED 504K · Aug 2017
7031-bedAED 502K · Jul 2017
7041-bedAED 502K · Aug 2017
7052-bedAED 809K · Jul 2016
7061-bedAED 326K · Oct 2017
7071-bedAED 695K · Dec 2016
7081-bedAED 600K · Jan 2015
1–7 of 13

702, Mazaya 07 in numbers

  • Sold once: by Al Mazaya Holding Company on 23 July 2017 for AED 501,600, or AED 715 per sqft.
  • Rented since October 2017 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 26,000 in 2021 and recovered to AED 35,000 by February 2023.
  • At AED 35,000 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 7,800 a year (AED 11.08 per sqft).
  • One-beds in Mazaya 07 sold for AED 620,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 749 per sqft.

Source: Dubai Land Department. Updated 20 February 2023.

Questions about 702, Mazaya 07

What did unit 702 last sell for?

AED 501,600 on 23 July 2017, sold by the developer: AED 715 per sqft for 701 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 35,000 a year on the contract signed on 20 February 2023. The previous contract, from August 2022, was AED 32,000; the unit has been rented since October 2017.

How big is unit 702?

701 sqft (65.1 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 07 sold for AED 620,000 to 620,000 in the last 12 months, around AED 749 per sqft.

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Mortgage on 702, Mazaya 07

Starts from the last sale price (AED 502K, 23 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 501,600
Deposit, UAE resident (20%)
AED 100,320
Deposit, non-resident (40%)
AED 200,640
Monthly over 25 years at 3.7%
AED 2,052

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