
406, Mazaya - Ghanima (Queue Point - R097)
Sold prices and rental history: sold 3 times, last in June 2017, and rented once, from November 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Mazaya - Ghanima (Queue Point - R097)
What is 406 worth today?
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Source: Dubai Land Department. Updated 4 June 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,091 sqft
- Floor
- 4th of 6
- Parking
- G-11
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 13,100 /yr
- Last sold
- AED 375K · June 2017
About 406, Mazaya - Ghanima (Queue Point - R097)
406 is a two-bedroom apartment of 1,091 sqft on the 4th floor of Mazaya - Ghanima (Queue Point - R097), a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 4 June 2017 for AED 375,000, or AED 343 per sqft.
One Ejari contract is registered, from 24 November 2014. The current contract, signed on 24 November 2014, is AED 65,000 a year: a gross yield of 17.3% on the 2017 price, before the service charge of about AED 13,100 a year.
Sales and rents for 406 over time
406 has sold 3 times; 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 - Ghanima (Queue Point - R097), and where 406 sits
All 13 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Feb 202122 February 2021 | 1,039 sqft | 300,000 | 288 | ||
| 25 Feb 202025 February 2020 | 1,044 sqft | 420,000 | 402 | ||
| 25 Feb 202025 February 2020 | 1,037 sqft | 420,000 | 404 | ||
| 9 Nov 20179 November 2017 | 1,018 sqft | 670,000 | 658 |
Mazaya - Ghanima (Queue Point - R097)
Building55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 2 sold in the last 12 months.
- Typical price per sqft
- AED 907
- Typical sale
- AED 543K
- Typical rent
- AED 52K /yr
- Typical yield
- 8.0%
Other units on the 4th floor
All 55 units in Mazaya - Ghanima (Queue Point - R097)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 828 sqft | AED 288KAED 287,657 · Nov 2014November 2014 | 60,000 /yr | |
| 402 | 3-bed | 1,754 sqft | AED 1.3MAED 1,295,006 · May 2009May 2009 | 95,000 /yr | |
| 403 | 2-bed | 1,626 sqft | AED 1.13MAED 1,126,075 · May 2009May 2009 | 63,000 /yr | |
| 404 | 1-bed | 1,633 sqft | AED 670KAED 670,000 · Oct 2021October 2021 | 70,000 /yr | |
| 405 | 1-bed | 612 sqft | AED 438KAED 438,122 · Dec 2014December 2014 | 38,369 /yr | |
| 407 | 1-bed | 828 sqft | AED 288KAED 287,657 · Feb 2015February 2015 | 32,000 /yr | |
| 408 | 1-bed | 616 sqft | AED 230KAED 230,420 · Nov 2014November 2014 | 47,000 /yr | |
| 409 | 1-bed | 616 sqft | AED 461KAED 460,839 · Oct 2014October 2014 | 27,000 /yr |
406, Mazaya - Ghanima (Queue Point - R097) in numbers
- Sold 3 times: first on 6 May 2009 for AED 830,034, last on 4 June 2017 for AED 375,000 (AED 343 per sqft).
- Rented since November 2014 on one Ejari contract, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2017 price is 17.3%, before a service charge of about AED 13,100 a year (AED 12.01 per sqft).
Source: Dubai Land Department. Updated 4 June 2017.
Questions about 406, Mazaya - Ghanima (Queue Point - R097)
What did unit 406 last sell for?
AED 375,000 on 4 June 2017: AED 343 per sqft for 1,091 sqft. The unit has 3 registered sales; the first was AED 830,034 in May 2009.
What is the rent for unit 406?
AED 65,000 a year on the contract signed on 24 November 2014.
How big is unit 406?
1,091 sqft (101.4 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.
What is unit 406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 406, Mazaya - Ghanima (Queue Point - R097)
Starts from the last sale price (AED 375K, 4 June 2017). 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 →