203, Mazaya - Tala 2 (Queue Point - R098)
Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Mazaya - Tala 2 (Queue Point - R098)
What is 203 worth today?
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Source: Dubai Land Department. Updated 10 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 580 sqft
- Floor
- 2nd of 6
- Parking
- G-26
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 6,900 /yr
- Last sold
- AED 193K · December 2014
About 203, Mazaya - Tala 2 (Queue Point - R098)
203 is a one-bedroom apartment of 580 sqft on the 2nd 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 15 December 2014 for AED 193,236, or AED 333 per sqft, 52% below the AED 690 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 35,708 a year: a gross yield of 18.5% on the 2014 price, before the service charge of about AED 6,900 a year.
Sales and rents for 203 over time
203 has sold twice; the dashed line is the one-bed median of each year in the building.
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 203 sits
All 36 1-beds →203 last sold in December 2014 at AED 333 per sqft, 52% below what one-beds in Mazaya - Tala 2 (Queue Point - R098) were fetching at the time (AED 690).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Dec 20237 December 2023 | 624 sqft | 270,000 | 432 | ||
| 7 Aug 20237 August 2023 | 841 sqft | 390,000 | 463 | ||
| 26 Jul 202226 July 2022 | 572 sqft | 228,500 | 399 | ||
| 17 May 202217 May 2022 | 624 sqft | 310,000 | 496 |
Mazaya - Tala 2 (Queue Point - R098)
Building55 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%
Other units on the 2nd floor
All 55 units in Mazaya - Tala 2 (Queue Point - R098)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 584 sqft | AED 510KAED 510,000 · Jun 2016June 2016 | ||
| 202 | 2-bed | 1,012 sqft | AED 500KAED 500,000 · Oct 2022October 2022 | 35,000 /yr | |
| 204 | 1-bed | 807 sqft | AED 620KAED 620,000 · Jan 2016January 2016 | 46,200 /yr | |
| 205 | 2-bed | 1,090 sqft | AED 390KAED 390,000 · Jun 2016June 2016 | 68,000 /yr | |
| 206 | 1-bed | 624 sqft | AED 270KAED 270,000 · Dec 2023December 2023 | 39,000 /yr | |
| 207 | 1-bed | 624 sqft | AED 350KAED 350,000 · May 2019May 2019 | 34,780 /yr | |
| 208 | 2-bed | 1,090 sqft | AED 510KAED 510,000 · Feb 2022February 2022 | 50,000 /yr | |
| 209 | 1-bed | 808 sqft | AED 365KAED 365,000 · Jun 2021June 2021 | 30,000 /yr | |
| 210 | 1-bed | 576 sqft | AED 475KAED 475,000 · May 2015May 2015 | 45,600 /yr | |
| 211 | 2-bed | 1,010 sqft | AED 762KAED 762,000 · Aug 2015August 2015 | ||
| 212 | 1-bed | 584 sqft | AED 401KAED 400,851 · Apr 2009April 2009 | 28,000 /yr |
203, Mazaya - Tala 2 (Queue Point - R098) in numbers
- Sold twice: first on 8 April 2009 for AED 386,471, last on 15 December 2014 for AED 193,236 (AED 333 per sqft).
- Rented since January 2015 on 7 Ejari contracts. The rent fell from AED 44,000 to AED 24,000 in 2021 and recovered to AED 35,708 by June 2024.
- At AED 35,708 a year the gross yield on the 2014 price is 18.5%, before a service charge of about AED 6,900 a year (AED 11.98 per sqft).
Source: Dubai Land Department. Updated 10 June 2024.
Questions about 203, Mazaya - Tala 2 (Queue Point - R098)
What did unit 203 last sell for?
AED 193,236 on 15 December 2014: AED 333 per sqft for 580 sqft. The unit has 2 registered sales; the first was AED 386,471 in April 2009.
What is the rent for unit 203?
AED 35,708 a year on the contract renewed on 10 June 2024. The previous contract, from June 2022, was AED 27,000; the unit has been rented since January 2015.
How big is unit 203?
580 sqft (53.9 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2014.
What is unit 203 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 203, Mazaya - Tala 2 (Queue Point - R098)
Starts from the last sale price (AED 193K, 15 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 193,236
- Deposit, UAE resident (20%)
- AED 38,647
- Deposit, non-resident (40%)
- AED 77,294
- Monthly over 25 years at 3.7%
- AED 791
Plus AED 11,025 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →