1-bed · 896 sqftMazaya 09, Liwan · 7th floor · completed 2012

706, Mazaya 09

Sold prices and rental history: sold once, by the developer in October 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 2 August 2019
Last soldAED 693K24 October 2017
Current rentAED 48K /yr2 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Mazaya 09

What is 706 worth today?

Last sold for AED 692,688 in 2017

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2 Aug 2019RentedRenewal
AED 48,000/yr12 months · AED 54 per sqft
31 Jul 2018RentedNew contract
AED 50,000/yr12 months · AED 56 per sqft
24 Oct 2017Sold by developerOff-plan
AED 692,688AED 773 per sqft

Source: Dubai Land Department. Updated 2 August 2019.

Key facts

Type
1-bed apartment
Size
896 sqft
Floor
7th of 9
Parking
G-59
Developer
Al Mazaya Holding Company
Completed
2012
Service charge
AED 9,900 /yr
Last sold
AED 693K · October 2017
Building
Mazaya 09

About 706, Mazaya 09

706 is a one-bedroom apartment of 896 sqft on the 7th floor of Mazaya 09, a 9-storey tower in Liwan completed in 2012 by Al Mazaya Holding Company. The developer sold it on 24 October 2017 for AED 692,688, or AED 773 per sqft, in line with the AED 768 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 2 August 2019, is AED 48,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 9,900 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Mazaya 09
400K600K2014201720202023Typical sale price by year: 2014 AED 550,000; 2015 AED 512,422; 2016 AED 536,093; 2017 AED 621,126; 2018 AED 580,459; 2022 AED 350,000; 2023 AED 400,000Sold by developer, October 2017: AED 692,688 (AED 773 per sqft)

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

Rents
Unit 706, each contractTypical one-bed in Mazaya 09
40K2017202020232026Typical rent by year: 2017 AED 46,000; 2018 AED 45,000; 2019 AED 34,000; 2020 AED 30,000; 2021 AED 26,600; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 38,750; 2025 AED 45,000; 2026 AED 45,000New contract, July 2018: AED 50,000 a yearRenewal, August 2019: AED 48,000 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 09, and where 706 sits

All 44 1-beds →

706 last sold in October 2017 at AED 773 per sqft, in line with what one-beds in Mazaya 09 were fetching at the time (AED 768). 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. 706's AED 48,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jun 2025580,000
22 Jan 2025575,000
16 Oct 2023355,000
12 Oct 2023375,000
1 1-bed sale in the last 12 months

Mazaya 09

Building

72 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%
Mazaya 09, Liwan: prices, sales and rents →

Other units on the 7th floor

All 72 units in Mazaya 09
Value
7012-bedAED 721K · Aug 2016
7021-bedAED 400K · May 2023
7031-bedAED 375K · Oct 2023
7042-bedAED 925K · Feb 2025
7051-bedAED 596K · Jul 2016
7073-bedAED 950K · Dec 2018
7081-bedAED 450K · Feb 2020

706, Mazaya 09 in numbers

  • Sold once: by Al Mazaya Holding Company on 24 October 2017 for AED 692,688, or AED 773 per sqft.
  • Rented since July 2018 on 2 Ejari contracts, from AED 50,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 9,900 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 2 August 2019.

Questions about 706, Mazaya 09

What did unit 706 last sell for?

AED 692,688 on 24 October 2017, sold by the developer: AED 773 per sqft for 896 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 48,000 a year on the contract renewed on 2 August 2019. The previous contract, from July 2018, was AED 50,000.

How big is unit 706?

896 sqft (83.2 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2012.

What is unit 706 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 706, Mazaya 09

Starts from the last sale price (AED 693K, 24 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 692,688
Deposit, UAE resident (20%)
AED 138,538
Deposit, non-resident (40%)
AED 277,075
Monthly over 25 years at 3.7%
AED 2,834

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