703, Mazaya 09
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Mazaya 09
What is 703 worth today?
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Source: Dubai Land Department. Updated 12 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 667 sqft
- Floor
- 7th of 9
- Parking
- G-07
- Developer
- Al Mazaya Holding Company
- Completed
- 2012
- Service charge
- AED 7,400 /yr
- Last sold
- AED 375K · October 2023
- Building
- Mazaya 09
About 703, Mazaya 09
703 is a one-bedroom apartment of 667 sqft on the 7th floor of Mazaya 09, a 9-storey tower in Liwan completed in 2012 by Al Mazaya Holding Company. It last sold on 12 October 2023 for AED 375,000, or AED 562 per sqft, 14% above the AED 491 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 34,000 a year: a gross yield of 9.1% on the 2023 price, before the service charge of about AED 7,400 a year.
Sales and rents for 703 over time
703 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 09, and where 703 sits
All 44 1-beds →703 last sold in October 2023 at AED 562 per sqft, 14% above what one-beds in Mazaya 09 were fetching at the time (AED 491). Over the last 12 months one-beds sold for AED 570,000, around AED 680 per sqft, and rent for AED 34,650 to 53,000 a year. 703's AED 34,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 706 sqft | 580,000 | 821 | ||
| 22 Jan 202522 January 2025 | 746 sqft | 575,000 | 770 | ||
| 16 Oct 202316 October 2023 | 746 sqft | 355,000 | 475 | ||
| 25 Sep 202325 September 2023 | 840 sqft | 490,000 | 583 |
Mazaya 09
Building72 apartments, 1-bed to 3-bed over 9 floors in Liwan, completed in 2012 by Al Mazaya Holding Company. 2 sold in the last 12 months.
- Typical price per sqft
- AED 694
- Typical sale
- AED 860K
- Typical rent
- AED 45K /yr
- Typical yield
- 8.0%
Other units on the 7th floor
All 72 units in Mazaya 09| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,027 sqft | AED 721KAED 720,931 · Aug 2016August 2016 | 65,000 /yr | |
| 702 | 1-bed | 706 sqft | AED 400KAED 400,000 · May 2023May 2023 | 38,100 /yr | |
| 704 | 2-bed | 1,625 sqft | AED 925KAED 925,000 · Feb 2025February 2025 | ||
| 705 | 1-bed | 746 sqft | AED 596KAED 595,734 · Jul 2016July 2016 | 50,000 /yr | |
| 706 | 1-bed | 896 sqft | AED 693KAED 692,688 · Oct 2017October 2017 | 48,000 /yr | |
| 707 | 3-bed | 1,597 sqft | AED 950KAED 950,000 · Dec 2018December 2018 | ||
| 708 | 1-bed | 840 sqft | AED 450KAED 450,000 · Feb 2020February 2020 | 35,700 /yr |
703, Mazaya 09 in numbers
- Sold twice: first on 14 March 2016 for AED 504,843, last on 12 October 2023 for AED 375,000 (AED 562 per sqft).
- Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 47,000 to AED 30,000 in 2022 and recovered to AED 34,000 by June 2023.
- At AED 34,000 a year the gross yield on the 2023 price is 9.1%, before a service charge of about AED 7,400 a year (AED 11.06 per sqft).
- One-beds in Mazaya 09 sold for AED 570,000–570,000 in the 12 months to November 2026; the building's median across all types is AED 694 per sqft.
Source: Dubai Land Department. Updated 12 October 2023.
Questions about 703, Mazaya 09
What did unit 703 last sell for?
AED 375,000 on 12 October 2023: AED 562 per sqft for 667 sqft. The unit has 2 registered sales; the first was AED 504,843 in March 2016.
What is the rent for unit 703?
AED 34,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 30,000; the unit has been rented since November 2017.
How big is unit 703?
667 sqft (62.0 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2012.
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 09 sold for AED 570,000 to 570,000 in the last 12 months, around AED 680 per sqft.
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Mortgage on 703, Mazaya 09
Starts from the last sale price (AED 375K, 12 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 375,000
- Deposit, UAE resident (20%)
- AED 75,000
- Deposit, non-resident (40%)
- AED 150,000
- Monthly over 25 years at 3.7%
- AED 1,534
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →