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1-bed · 808 sqftMazaya - Tala 2 (Queue Point - R098), Liwan · 1st floor · completed 2014

109, Mazaya - Tala 2 (Queue Point - R098)

Sold prices and rental history: sold twice, last in January 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 27 January 2019
Last soldAED 430K27 January 2019
Current rentAED 47K /yr11 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 109, Mazaya - Tala 2 (Queue Point - R098)

What is 109 worth today?

Last sold for AED 430,000 in 2019

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27 Jan 2019SoldReady
AED 430,000AED 531 per sqft
11 Feb 2018RentedNew contract
AED 47,000/yr12 months · AED 58 per sqft
2 Feb 2017RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
4 Jan 2015Sold by developerReady
AED 590,191AED 730 per sqft

Source: Dubai Land Department. Updated 27 January 2019.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
1st of 6
Parking
G-36
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,700 /yr
Last sold
AED 430K · January 2019
Building
Mazaya - Tala 2 (Queue Point - R098)

About 109, Mazaya - Tala 2 (Queue Point - R098)

109 is a one-bedroom apartment of 808 sqft on the 1st floor of Mazaya - Tala 2 (Queue Point - R098), a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 27 January 2019 for AED 430,000, or AED 531 per sqft.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 11 February 2018, is AED 47,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 9,700 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical one-bed in Mazaya - Tala 2 (Queue Point - R098)
400K600K2009201320172021Typical sale price by year: 2009 AED 425,899; 2014 AED 464,604; 2015 AED 386,470; 2019 AED 350,000; 2020 AED 443,000; 2022 AED 310,000Sold by developer, January 2015: AED 590,191 (AED 730 per sqft)Sold, January 2019: AED 430,000 (AED 531 per sqft)

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

Rents
Unit 109, each contractTypical one-bed in Mazaya - Tala 2 (Queue Point - R098)
40K60K20142017202020232026Typical rent by year: 2014 AED 48,000; 2015 AED 49,000; 2016 AED 48,000; 2017 AED 48,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 28,500; 2021 AED 26,000; 2022 AED 28,000; 2023 AED 35,100; 2024 AED 38,981; 2025 AED 45,000New contract, February 2017: AED 55,000 a yearNew contract, February 2018: AED 47,000 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 - Tala 2 (Queue Point - R098), and where 109 sits

All 36 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
7 Dec 2023270,000
7 Aug 2023390,000
26 Jul 2022228,500
17 May 2022310,000
0 1-bed sales in the last 12 months

Mazaya - Tala 2 (Queue Point - R098)

Building

55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 3 sold in the last 12 months.

Typical price per sqft
AED 752
Typical sale
AED 850K
Typical rent
AED 82K /yr
Typical yield
9.9%
Mazaya - Tala 2 (Queue Point - R098), Liwan: prices, sales and rents →

Other units on the 1st floor

All 55 units in Mazaya - Tala 2 (Queue Point - R098)
Value
1011-bedAED 197K · Sep 2015
1022-bedAED 455K · Aug 2022
1031-bedAED 381K · Apr 2009
1041-bedAED 554K · Mar 2015
1052-bedAED 753K · Apr 2009
106AED 500K · Oct 2025
1071-bedAED 310K · May 2022
1–7 of 11

109, Mazaya - Tala 2 (Queue Point - R098) in numbers

  • Sold twice: first on 4 January 2015 for AED 590,191, last on 27 January 2019 for AED 430,000 (AED 531 per sqft).
  • Rented since February 2017 on 2 Ejari contracts, from AED 55,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2019 price is 10.9%, before a service charge of about AED 9,700 a year (AED 11.98 per sqft).

Source: Dubai Land Department. Updated 27 January 2019.

Questions about 109, Mazaya - Tala 2 (Queue Point - R098)

What did unit 109 last sell for?

AED 430,000 on 27 January 2019: AED 531 per sqft for 808 sqft. The unit has 2 registered sales; the first was AED 590,191 in January 2015.

What is the rent for unit 109?

AED 47,000 a year on the contract signed on 11 February 2018. The previous contract, from February 2017, was AED 55,000.

How big is unit 109?

808 sqft (75.1 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2014.

What is unit 109 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 109, Mazaya - Tala 2 (Queue Point - R098)

Starts from the last sale price (AED 430K, 27 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

Plus AED 20,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →