304, Mazaya - Tala 2 (Queue Point - R098)
Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Mazaya - Tala 2 (Queue Point - R098)
What is 304 worth today?
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Source: Dubai Land Department. Updated 20 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 803 sqft
- Floor
- 3rd of 6
- Parking
- G-11
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 9,600 /yr
- Last sold
- AED 586K · December 2014
About 304, Mazaya - Tala 2 (Queue Point - R098)
304 is a one-bedroom apartment of 803 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 10 December 2014 for AED 586,336, or AED 729 per sqft, 5% above the AED 697 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 20 June 2024, is AED 50,000 a year: a gross yield of 8.5% on the 2014 price, before the service charge of about AED 9,600 a year.
Sales and rents for 304 over time
304 has sold once; 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 304 sits
All 36 1-beds →304 last sold in December 2014 at AED 729 per sqft, 5% above what one-beds in Mazaya - Tala 2 (Queue Point - R098) were fetching at the time (AED 697).
| 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 3rd floor
All 55 units in Mazaya - Tala 2 (Queue Point - R098)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 1,066 sqft | AED 470KAED 470,000 · Apr 2022April 2022 | 38,000 /yr | |
| 302 | 1-bed | 1,065 sqft | AED 443KAED 443,000 · Jul 2020July 2020 | 42,000 /yr | |
| 303 | 1-bed | 563 sqft | AED 392KAED 392,326 · Apr 2009April 2009 | 29,500 /yr | |
| 305 | 2-bed | 1,086 sqft | AED 490KAED 490,000 · Dec 2022December 2022 | 68,000 /yr | |
| 306 | 1-bed | 620 sqft | AED 530KAED 530,000 · Jan 2015January 2015 | 25,000 /yr | |
| 307 | 1-bed | 620 sqft | AED 432KAED 432,352 · Dec 2014December 2014 | ||
| 308 | 2-bed | 1,086 sqft | AED 450KAED 450,000 · Jul 2022July 2022 | 35,000 /yr | |
| 309 | 1-bed | 803 sqft | AED 586KAED 586,417 · Nov 2014November 2014 | 44,001 /yr | |
| 310 | 1-bed | 572 sqft | AED 229KAED 228,500 · Jul 2022July 2022 | 55,000 /yr | |
| 311 | 1-bed | 1,067 sqft | AED 500KAED 500,000 · Sep 2020September 2020 | 47,000 /yr | |
| 312 | 1-bed | 789 sqft | AED 589KAED 588,774 · Apr 2009April 2009 | 26,500 /yr |
304, Mazaya - Tala 2 (Queue Point - R098) in numbers
- Sold once: by Al Mazaya Real Estate on 10 December 2014 for AED 586,336, or AED 729 per sqft.
- Rented since January 2016 on 7 Ejari contracts. The rent fell from AED 54,600 to AED 29,000 in 2021 and recovered to AED 50,000 by June 2024.
- At AED 50,000 a year the gross yield on the 2014 price is 8.5%, before a service charge of about AED 9,600 a year (AED 11.98 per sqft).
Source: Dubai Land Department. Updated 20 June 2024.
Questions about 304, Mazaya - Tala 2 (Queue Point - R098)
What did unit 304 last sell for?
AED 586,336 on 10 December 2014, sold by the developer: AED 729 per sqft for 803 sqft. It is the only registered sale of the unit.
What is the rent for unit 304?
AED 50,000 a year on the contract signed on 20 June 2024. The previous contract, from June 2024, was AED 50,000; the unit has been rented since January 2016.
How big is unit 304?
803 sqft (74.6 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.
What is unit 304 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 304, Mazaya - Tala 2 (Queue Point - R098)
Starts from the last sale price (AED 586K, 10 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 586,336
- Deposit, UAE resident (20%)
- AED 117,267
- Deposit, non-resident (40%)
- AED 234,534
- Monthly over 25 years at 3.7%
- AED 2,399
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →