2-bed · 1,011 sqftMazaya 08, Liwan · 7th floor · completed 2017

703, Mazaya 08

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

Unit 703 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 756K7 August 2017
Current rentAED 75K /yr10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Mazaya 08

What is 703 worth today?

Last sold for AED 756,263 in 2017

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10 Sep 2025RentedNew contract
AED 75,000/yr12 months · AED 74 per sqft
16 Aug 2024RentedNew contract
AED 55,000/yr12 months · AED 54 per sqft
16 Aug 2022RentedNew contract
AED 44,000/yr12 months · AED 44 per sqft
15 Jun 2021RentedNew contract
AED 36,000/yr12 months · AED 36 per sqft
25 May 2020RentedRenewal
AED 42,000/yr12 months · AED 42 per sqft
25 May 2019RentedRenewal
AED 49,000/yr12 months · AED 48 per sqft
7 Aug 2017Sold by developerOff-plan
AED 756,263AED 748 per sqft
25 May 2017RentedNew contract
AED 65,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
2-bed apartment
Size
1,011 sqft
Floor
7th of 9
Parking
G-56
Developer
Al Mazaya Real Estate
Completed
2017
Service charge
AED 9,000 /yr
Last sold
AED 756K · August 2017
Building
Mazaya 08

About 703, Mazaya 08

703 is a two-bedroom apartment of 1,011 sqft on the 7th floor of Mazaya 08, a 9-storey tower in Liwan completed in 2017 by Al Mazaya Real Estate. The developer sold it on 7 August 2017 for AED 756,263, or AED 748 per sqft, in line with the AED 728 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 10 September 2025, is AED 75,000 a year: a gross yield of 9.9% on the 2017 price, before the service charge of about AED 9,000 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Mazaya 08
600K800K2015201820212024Typical sale price by year: 2015 AED 742,000; 2016 AED 754,082; 2017 AED 770,000; 2018 AED 645,281; 2020 AED 522,500; 2021 AED 490,000; 2024 AED 655,000Sold by developer, August 2017: AED 756,263 (AED 748 per sqft)

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

Rents
Unit 703, each contractTypical two-bed in Mazaya 08
40K60K80K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 58,000; 2019 AED 48,500; 2020 AED 42,000; 2021 AED 37,250; 2022 AED 40,500; 2023 AED 46,200; 2024 AED 52,183; 2025 AED 60,250New contract, May 2017: AED 65,000 a yearRenewal, May 2019: AED 49,000 a yearRenewal, May 2020: AED 42,000 a yearNew contract, June 2021: AED 36,000 a yearNew contract, August 2022: AED 44,000 a yearNew contract, August 2024: AED 55,000 a yearNew contract, September 2025: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya 08, and where 703 sits

All 34 2-beds →

703 last sold in August 2017 at AED 748 per sqft, in line with what two-beds in Mazaya 08 were fetching at the time (AED 728). Over the last 12 months two-beds sold for AED 850,000, around AED 832 per sqft, and rent for AED 75,000 to 75,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jul 2025835,000
15 May 2025740,000
26 Aug 2024695,000
29 Apr 2024650,000
2 2-bed sales in the last 12 months

Mazaya 08

Building

90 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2017 by Al Mazaya Real Estate. 3 sold in the last 12 months.

Typical price per sqft
AED 831
Typical sale
AED 850K
Typical rent
AED 56K /yr
Typical yield
7.7%
Mazaya 08, Liwan: prices, sales and rents →

Other units on the 7th floor

All 90 units in Mazaya 08
Value
7012-bedAED 650K · Apr 2024
7022-bedAED 769K · Apr 2016
7042-bedAED 395K · Nov 2017
7051-bedAED 530K · May 2025
7061-bedAED 566K · May 2015
7073-bedAED 1.03M · Jun 2017
7083-bedAED 1.14M · Aug 2015
1–7 of 9

703, Mazaya 08 in numbers

  • Sold once: by Al Mazaya Real Estate on 7 August 2017 for AED 756,263, or AED 748 per sqft.
  • Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 36,000 in 2021 and recovered to AED 75,000 by September 2025.
  • At AED 75,000 a year the gross yield on the 2017 price is 9.9%, before a service charge of about AED 9,000 a year (AED 8.86 per sqft).
  • Two-beds in Mazaya 08 sold for AED 850,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 831 per sqft.

Source: Dubai Land Department. Updated 10 September 2025.

Questions about 703, Mazaya 08

What did unit 703 last sell for?

AED 756,263 on 7 August 2017, sold by the developer: AED 748 per sqft for 1,011 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 75,000 a year on the contract signed on 10 September 2025. The previous contract, from August 2024, was AED 55,000; the unit has been rented since May 2017.

How big is unit 703?

1,011 sqft (93.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 08 sold for AED 850,000 to 850,000 in the last 12 months, around AED 832 per sqft.

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Mortgage on 703, Mazaya 08

Starts from the last sale price (AED 756K, 7 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 756,263
Deposit, UAE resident (20%)
AED 151,253
Deposit, non-resident (40%)
AED 302,505
Monthly over 25 years at 3.7%
AED 3,094

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