1-bed · 789 sqftMazaya - Tala 2 (Queue Point - R098), Liwan · 3rd floor · completed 2014

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

Sold prices and rental history: sold once, by the developer in April 2009, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 312 · DLD and Ejari recordsUpdated 1 December 2020

Last soldAED 589K8 April 2009

Current rentAED 27K /yr1 December 2020

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 312, Mazaya - Tala 2 (Queue Point - R098)

Today

What is 312 worth today?

Last sold for AED 588,774 in 2009

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1 Dec 2020

1 Dec 2020RentedNew contract

AED 26,500/yr13 months · AED 34 per sqft

1 May 2019

1 May 2019RentedNew contract

AED 35,000/yr12 months · AED 44 per sqft

25 Apr 2018

25 Apr 2018RentedNew contract

AED 40,000/yr12 months · AED 51 per sqft

8 Apr 2009

8 Apr 2009Sold by developerOff-plan

AED 588,774AED 745 per sqft

Source: Dubai Land Department. Updated 1 December 2020.

Key facts

Type: 1-bed apartment
Size: 789 sqft
Floor: 3rd of 6
Parking: G-34
Developer: Al Mazaya Real Estate
Completed: 2014
Service charge: AED 9,500 /yr
Last sold: AED 589K · April 2009
Building: Mazaya - Tala 2 (Queue Point - R098)

About 312, Mazaya - Tala 2 (Queue Point - R098)

312 is a one-bedroom apartment of 789 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 8 April 2009 for AED 588,774, or AED 745 per sqft, 9% above the AED 686 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 December 2020, is AED 26,500 a year: a gross yield of 4.5% on the 2009 price, before the service charge of about AED 9,500 a year.

Sales and rents for 312 over time

Sales

Unit 312, each saleTypical one-bed in Mazaya - Tala 2 (Queue Point - R098)

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

Rents

Unit 312, each contractTypical one-bed in Mazaya - Tala 2 (Queue Point - R098)

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 312 sits

All 36 1-beds →

Mazaya - Tala 2 (Queue Point - R098) · all types752 /sqft

312 last sold in April 2009 at AED 745 per sqft, 9% above what one-beds in Mazaya - Tala 2 (Queue Point - R098) were fetching at the time (AED 686).

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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)


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
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

1–7 of 11

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

Sold once: by Al Mazaya Real Estate on 8 April 2009 for AED 588,774, or AED 745 per sqft.
Rented since April 2018 on 3 Ejari contracts, from AED 40,000 to AED 26,500 a year.
At AED 26,500 a year the gross yield on the 2009 price is 4.5%, before a service charge of about AED 9,500 a year (AED 11.98 per sqft).

Source: Dubai Land Department. Updated 1 December 2020.

Questions about 312, Mazaya - Tala 2 (Queue Point - R098)

What did unit 312 last sell for?

AED 588,774 on 8 April 2009, sold by the developer: AED 745 per sqft for 789 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 26,500 a year on the contract signed on 1 December 2020. The previous contract, from May 2019, was AED 35,000; the unit has been rented since April 2018.

How big is unit 312?

789 sqft (73.3 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 312 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 312, Mazaya - Tala 2 (Queue Point - R098)

Starts from the last sale price (AED 589K, 8 April 2009). Switch to today's estimate once you have unlocked it.

Price: AED 588,774
Deposit, UAE resident (20%): AED 117,755
Deposit, non-resident (40%): AED 235,510
Monthly over 25 years at 3.7%: AED 2,409

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