
703, Mazaya - Tala Tower
Sold prices and rental history: sold once, by the developer in December 2020, 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 703, Mazaya - Tala Tower
What is 703 worth today?
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Source: Dubai Land Department. Updated 17 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,386 sqft
- Floor
- 7th of 8
- Parking
- G-2
- Developer
- Al Mazaya Holding Company
- Completed
- 2014
- Service charge
- AED 13,400 /yr
- Last sold
- AED 540K · December 2020
- Building
- Mazaya - Tala Tower
About 703, Mazaya - Tala Tower
703 is a two-bedroom apartment of 1,386 sqft on the 7th floor of Mazaya - Tala Tower, a 8-storey tower in Liwan completed in 2014 by Al Mazaya Holding Company. The developer sold it on 7 December 2020 for AED 540,357, or AED 390 per sqft, 4% below the AED 405 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 17 October 2024, is AED 59,000 a year: a gross yield of 10.9% on the 2020 price, before the service charge of about AED 13,400 a year.
Sales and rents for 703 over time
703 has sold once; 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 703 sits
All 28 2-beds →703 last sold in December 2020 at AED 390 per sqft, 4% below what two-beds in Mazaya - Tala Tower were fetching at the time (AED 405). 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. 703's AED 59,000 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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,587 sqft | AED 620KAED 619,835 · Oct 2014October 2014 | 60,000 /yr | |
| 702 | 2-bed | 1,576 sqft | AED 669KAED 669,195 · Sep 2015September 2015 | ||
| 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 |
703, Mazaya - Tala Tower in numbers
- Sold once: by Al Mazaya Holding Company on 7 December 2020 for AED 540,357, or AED 390 per sqft.
- Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 70,000 to AED 41,000 in 2021 and recovered to AED 59,000 by October 2024.
- At AED 59,000 a year the gross yield on the 2020 price is 10.9%, before a service charge of about AED 13,400 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 17 October 2024.
Questions about 703, Mazaya - Tala Tower
What did unit 703 last sell for?
AED 540,357 on 7 December 2020, sold by the developer: AED 390 per sqft for 1,386 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 59,000 a year on the contract renewed on 17 October 2024. The previous contract, from October 2023, was AED 59,000; the unit has been rented since August 2014.
How big is unit 703?
1,386 sqft (128.8 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.
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 - 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 703, Mazaya - Tala Tower
Starts from the last sale price (AED 540K, 7 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 540,357
- Deposit, UAE resident (20%)
- AED 108,071
- Deposit, non-resident (40%)
- AED 216,143
- Monthly over 25 years at 3.7%
- AED 2,211
Plus AED 27,705 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →