701, Mazaya - Tala Tower
Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Mazaya - Tala Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,587 sqft
- Floor
- 7th of 8
- Parking
- G-50
- Developer
- Al Mazaya Holding Company
- Completed
- 2014
- Service charge
- AED 15,300 /yr
- Last sold
- AED 620K · October 2014
- Building
- Mazaya - Tala Tower
About 701, Mazaya - Tala Tower
701 is a two-bedroom apartment of 1,587 sqft on the 7th floor of Mazaya - Tala Tower, a 8-storey tower in Liwan completed in 2014 by Al Mazaya Holding Company. It last sold on 2 October 2014 for AED 619,835, or AED 390 per sqft, 31% below the AED 563 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 November 2024, is AED 60,000 a year: a gross yield of 9.7% on the 2014 price, before the service charge of about AED 15,300 a year.
Sales and rents for 701 over time
701 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya - Tala Tower, and where 701 sits
All 28 2-beds →701 last sold in October 2014 at AED 390 per sqft, 31% below what two-beds in Mazaya - Tala Tower were fetching at the time (AED 563). Over the last 12 months two-beds sold for AED 780,000 to 820,000, around AED 547 per sqft, and rent for AED 60,000 to 85,000 a year. 701's AED 60,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 1,461 sqft | 820,000 | 561 | ||
| 27 Jan 202627 January 2026 | 1,461 sqft | 780,000 | 533 | ||
| 11 Mar 202511 March 2025 | 1,576 sqft | 800,000 | 507 | ||
| 28 Nov 202428 November 2024 | 1,461 sqft | 780,000 | 533 |
Mazaya - Tala Tower
Building63 apartments, 1-bed to 3-bed over 8 floors in Liwan, completed in 2014 by Al Mazaya Holding Company. 3 sold in the last 12 months.
- Typical price per sqft
- AED 547
- Typical sale
- AED 800K
- Typical rent
- AED 48K /yr
- Typical yield
- 9.3%
Other units on the 7th floor
All 63 units in Mazaya - Tala Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,576 sqft | AED 669KAED 669,195 · Sep 2015September 2015 | ||
| 703 | 2-bed | 1,386 sqft | AED 540KAED 540,357 · Dec 2020December 2020 | 59,000 /yr | |
| 704 | 3-bed | 1,738 sqft | AED 1.43MAED 1,432,595 · Oct 2014October 2014 | 85,000 /yr | |
| 705 | 3-bed | 1,730 sqft | AED 385KAED 385,000 · Aug 2020August 2020 | 70,000 /yr | |
| 706 | 2-bed | 1,410 sqft | AED 630KAED 630,000 · Apr 2020April 2020 | 70,000 /yr |
701, Mazaya - Tala Tower in numbers
- Sold twice: first on 4 May 2009 for AED 1,239,669, last on 2 October 2014 for AED 619,835 (AED 390 per sqft).
- Rented since August 2014 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 52,000 in 2021 and recovered to AED 60,000 by November 2024.
- At AED 60,000 a year the gross yield on the 2014 price is 9.7%, before a service charge of about AED 15,300 a year (AED 9.65 per sqft).
- Two-beds in Mazaya - Tala Tower sold for AED 780,000–820,000 in the 12 months to November 2026; the building's median across all types is AED 547 per sqft.
Source: Dubai Land Department. Updated 1 November 2024.
Questions about 701, Mazaya - Tala Tower
What did unit 701 last sell for?
AED 619,835 on 2 October 2014: AED 390 per sqft for 1,587 sqft. The unit has 2 registered sales; the first was AED 1,239,669 in May 2009.
What is the rent for unit 701?
AED 60,000 a year on the contract signed on 1 November 2024. The previous contract, from November 2021, was AED 52,000; the unit has been rented since August 2014.
How big is unit 701?
1,587 sqft (147.4 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya - Tala Tower sold for AED 780,000 to 820,000 in the last 12 months, around AED 547 per sqft.
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Mortgage on 701, Mazaya - Tala Tower
Starts from the last sale price (AED 620K, 2 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 619,835
- Deposit, UAE resident (20%)
- AED 123,967
- Deposit, non-resident (40%)
- AED 247,934
- Monthly over 25 years at 3.7%
- AED 2,536
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →