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1-bed · 584 sqftMazaya - Tala 2 (Queue Point - R098), Liwan · 2nd floor · completed 2014

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

Sold prices and rental history: sold once, by the developer in April 2009, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 401K12 April 2009
Current rentAED 28K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 212, Mazaya - Tala 2 (Queue Point - R098)

What is 212 worth today?

Last sold for AED 400,851 in 2009

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1 Nov 2022RentedNew contract
AED 28,000/yr12 months · AED 48 per sqft
12 Apr 2009Sold by developerOff-plan
AED 400,851AED 686 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
1-bed apartment
Size
584 sqft
Floor
2nd of 6
Parking
G-20
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,000 /yr
Last sold
AED 401K · April 2009
Building
Mazaya - Tala 2 (Queue Point - R098)

About 212, Mazaya - Tala 2 (Queue Point - R098)

212 is a one-bedroom apartment of 584 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. The developer sold it on 12 April 2009 for AED 400,851, or AED 686 per sqft, in line with the AED 686 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2022. The current contract, signed on 1 November 2022, is AED 28,000 a year: a gross yield of 7.0% on the 2009 price, before the service charge of about AED 7,000 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical one-bed in Mazaya - Tala 2 (Queue Point - R098)
300K400K2009201320172021Typical 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, April 2009: AED 400,851 (AED 686 per sqft)

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

Rents
Unit 212, each contractTypical one-bed in Mazaya - Tala 2 (Queue Point - R098)
40K20142017202020232026Typical 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, November 2022: AED 28,000 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 212 sits

All 36 1-beds →

212 last sold in April 2009 at AED 686 per sqft, in line with what one-beds in Mazaya - Tala 2 (Queue Point - R098) were fetching at the time (AED 686).

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 2nd floor

All 55 units in Mazaya - Tala 2 (Queue Point - R098)
Value
2011-bedAED 510K · Jun 2016
2022-bedAED 500K · Oct 2022
2031-bedAED 193K · Dec 2014
2041-bedAED 620K · Jan 2016
2052-bedAED 390K · Jun 2016
2061-bedAED 270K · Dec 2023
2071-bedAED 350K · May 2019
1–7 of 11

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

  • Sold once: by Al Mazaya Real Estate on 12 April 2009 for AED 400,851, or AED 686 per sqft.
  • Rented since November 2022 on one Ejari contract, at AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2009 price is 7.0%, before a service charge of about AED 7,000 a year (AED 11.98 per sqft).

Source: Dubai Land Department. Updated 1 November 2022.

Questions about 212, Mazaya - Tala 2 (Queue Point - R098)

What did unit 212 last sell for?

AED 400,851 on 12 April 2009, sold by the developer: AED 686 per sqft for 584 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 28,000 a year on the contract signed on 1 November 2022.

How big is unit 212?

584 sqft (54.3 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 212 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 212, Mazaya - Tala 2 (Queue Point - R098)

Starts from the last sale price (AED 401K, 12 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 400,851
Deposit, UAE resident (20%)
AED 80,170
Deposit, non-resident (40%)
AED 160,340
Monthly over 25 years at 3.7%
AED 1,640

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →