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1-bed · 1,066 sqftMazaya - Tala 2 (Queue Point - R098), Liwan · 3rd floor · completed 2014

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

Sold prices and rental history: sold once, by the developer in April 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 7 April 2022
Last soldAED 470K7 April 2022
Current rentAED 38K /yr5 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, Mazaya - Tala 2 (Queue Point - R098)

What is 301 worth today?

Last sold for AED 470,000 in 2022

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7 Apr 2022Sold by developerReady
AED 470,000AED 441 per sqft
5 Jul 2020RentedRenewal
AED 38,000/yr12 months · AED 36 per sqft
5 Jul 2019RentedRenewal
AED 38,000/yr12 months · AED 36 per sqft
5 Jul 2018RentedNew contract
AED 40,000/yr12 months · AED 38 per sqft
10 Jun 2017RentedNew contract
AED 50,000/yr12 months · AED 47 per sqft
7 Jan 2015RentedNew contract
AED 57,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 7 April 2022.

Key facts

Type
1-bed apartment
Size
1,066 sqft
Floor
3rd of 6
Parking
G-41
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,800 /yr
Last sold
AED 470K · April 2022
Building
Mazaya - Tala 2 (Queue Point - R098)

About 301, Mazaya - Tala 2 (Queue Point - R098)

301 is a one-bedroom apartment of 1,066 sqft on the 3rd 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 7 April 2022 for AED 470,000, or AED 441 per sqft.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 5 July 2020, is AED 38,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 12,800 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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 2022: AED 470,000 (AED 441 per sqft)

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

Rents
Unit 301, 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, January 2015: AED 57,000 a yearNew contract, June 2017: AED 50,000 a yearNew contract, July 2018: AED 40,000 a yearRenewal, July 2019: AED 38,000 a yearRenewal, July 2020: AED 38,000 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 301 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 3rd floor

All 55 units in Mazaya - Tala 2 (Queue Point - R098)
Value
3021-bedAED 443K · Jul 2020
3031-bedAED 392K · Apr 2009
3041-bedAED 586K · Dec 2014
3052-bedAED 490K · Dec 2022
3061-bedAED 530K · Jan 2015
3071-bedAED 432K · Dec 2014
3082-bedAED 450K · Jul 2022
1–7 of 11

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

  • Sold once: by Al Mazaya Real Estate on 7 April 2022 for AED 470,000, or AED 441 per sqft.
  • Rented since January 2015 on 5 Ejari contracts, from AED 57,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2022 price is 8.1%, before a service charge of about AED 12,800 a year (AED 11.98 per sqft).

Source: Dubai Land Department. Updated 7 April 2022.

Questions about 301, Mazaya - Tala 2 (Queue Point - R098)

What did unit 301 last sell for?

AED 470,000 on 7 April 2022, sold by the developer: AED 441 per sqft for 1,066 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 38,000 a year on the contract renewed on 5 July 2020. The previous contract, from July 2019, was AED 38,000; the unit has been rented since January 2015.

How big is unit 301?

1,066 sqft (99.0 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 301 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 301, Mazaya - Tala 2 (Queue Point - R098)

Starts from the last sale price (AED 470K, 7 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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