306, Mazaya - Tala 2 (Queue Point - R098)
Sold prices and rental history: sold 3 times, last in January 2015, 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 306, Mazaya - Tala 2 (Queue Point - R098)
What is 306 worth today?
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Source: Dubai Land Department. Updated 2 October 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 620 sqft
- Floor
- 3rd of 6
- Parking
- G-29
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 7,400 /yr
- Last sold
- AED 530K · January 2015
About 306, Mazaya - Tala 2 (Queue Point - R098)
306 is a one-bedroom apartment of 620 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. It last sold on 15 January 2015 for AED 530,000, or AED 854 per sqft, 22% above the AED 701 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 2 October 2020, is AED 25,000 a year: a gross yield of 4.7% on the 2015 price, before the service charge of about AED 7,400 a year.
Sales and rents for 306 over time
306 has sold 3 times; 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 306 sits
All 36 1-beds →306 last sold in January 2015 at AED 854 per sqft, 22% above what one-beds in Mazaya - Tala 2 (Queue Point - R098) were fetching at the time (AED 701).
| 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 | |
| 304 | 1-bed | 803 sqft | AED 586KAED 586,336 · Dec 2014December 2014 | 50,000 /yr | |
| 305 | 2-bed | 1,086 sqft | AED 490KAED 490,000 · Dec 2022December 2022 | 68,000 /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 |
306, Mazaya - Tala 2 (Queue Point - R098) in numbers
- Sold 3 times: first on 14 April 2009 for AED 423,705, last on 15 January 2015 for AED 530,000 (AED 854 per sqft).
- Rented since February 2015 on 7 Ejari contracts, from AED 48,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2015 price is 4.7%, before a service charge of about AED 7,400 a year (AED 11.98 per sqft).
Source: Dubai Land Department. Updated 2 October 2020.
Questions about 306, Mazaya - Tala 2 (Queue Point - R098)
What did unit 306 last sell for?
AED 530,000 on 15 January 2015: AED 854 per sqft for 620 sqft. The unit has 3 registered sales; the first was AED 423,705 in April 2009.
What is the rent for unit 306?
AED 25,000 a year on the contract signed on 2 October 2020. The previous contract, from February 2020, was AED 30,000; the unit has been rented since February 2015.
How big is unit 306?
620 sqft (57.6 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.
What is unit 306 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 306, Mazaya - Tala 2 (Queue Point - R098)
Starts from the last sale price (AED 530K, 15 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 530,000
- Deposit, UAE resident (20%)
- AED 106,000
- Deposit, non-resident (40%)
- AED 212,000
- Monthly over 25 years at 3.7%
- AED 2,168
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →