2-bed · 517 sqftMazaya - Al Yarmouk (Queue Point - R099), Liwan · 3rd floor · completed 2014

305, Mazaya - Al Yarmouk (Queue Point - R099)

Sold prices and rental history: sold once, by the developer in May 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 7 July 2020
Last soldAED 383K6 May 2015
Current rentAED 46K /yr7 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Mazaya - Al Yarmouk (Queue Point - R099)

What is 305 worth today?

Last sold for AED 382,500 in 2015

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7 Jul 2020RentedRenewal
AED 46,000/yr12 months · AED 45 per sqft
7 Jul 2019RentedNew contract
AED 52,000/yr12 months · AED 50 per sqft
6 May 2015Sold by developerReady
AED 382,500AED 369 per sqft

Source: Dubai Land Department. Updated 7 July 2020.

Key facts

Type
2-bed apartment
Size
517 sqft
Floor
3rd of 6
Parking
G-52
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 383K · May 2015

About 305, Mazaya - Al Yarmouk (Queue Point - R099)

305 is a two-bedroom apartment of 517 sqft on the 3rd floor of Mazaya - Al Yarmouk (Queue Point - R099), a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 6 May 2015 for AED 382,500, or AED 369 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 7 July 2020, is AED 46,000 a year: a gross yield of 12.0% on the 2015 price, before the service charge of about AED 6,400 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Mazaya - Al Yarmouk (Queue Point - R099)
400K600K20092013201720212025Typical sale price by year: 2009 AED 716,102; 2015 AED 487,586; 2024 AED 650,000Sold by developer, May 2015: AED 382,500 (AED 369 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in Mazaya - Al Yarmouk (Queue Point - R099)
40K60K20152018202120242027Typical rent by year: 2015 AED 70,000; 2016 AED 72,000; 2017 AED 66,914; 2018 AED 61,000; 2019 AED 50,000; 2020 AED 47,000; 2021 AED 38,000; 2022 AED 47,750; 2023 AED 50,200; 2024 AED 52,000; 2025 AED 66,000; 2026 AED 66,000New contract, July 2019: AED 52,000 a yearRenewal, July 2020: AED 46,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya - Al Yarmouk (Queue Point - R099), and where 305 sits

All 15 2-beds →

305's AED 46,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Dec 2024880,000
8 Nov 2024650,000
23 Jul 2024501,397
12 Jan 2023745,000
0 2-bed sales in the last 12 months

Mazaya - Al Yarmouk (Queue Point - R099)

Building

55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 2 sold in the last 12 months.

Typical price per sqft
AED 790
Typical sale
AED 875K
Typical rent
AED 52K /yr
Typical yield
9.1%
Mazaya - Al Yarmouk (Queue Point - R099), Liwan: prices, sales and rents →
Value
3011-bedAED 355K · Oct 2015
3021-bedAED 430K · Sep 2020
3031-bedAED 392K · May 2009
3041-bedAED 385K · May 2023
3061-bedAED 208K · May 2015
3071-bedAED 280K · May 2021
3082-bedAED 450K · Jun 2022
1–7 of 11

305, Mazaya - Al Yarmouk (Queue Point - R099) in numbers

  • Sold once: by Al Mazaya Real Estate on 6 May 2015 for AED 382,500, or AED 369 per sqft.
  • Rented since July 2019 on 2 Ejari contracts, from AED 52,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2015 price is 12.0%, before a service charge of about AED 6,400 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 7 July 2020.

Questions about 305, Mazaya - Al Yarmouk (Queue Point - R099)

What did unit 305 last sell for?

AED 382,500 on 6 May 2015, sold by the developer: AED 369 per sqft for 517 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 46,000 a year on the contract renewed on 7 July 2020. The previous contract, from July 2019, was AED 52,000.

How big is unit 305?

517 sqft (48.0 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 305 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 305, Mazaya - Al Yarmouk (Queue Point - R099)

Starts from the last sale price (AED 383K, 6 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 382,500
Deposit, UAE resident (20%)
AED 76,500
Deposit, non-resident (40%)
AED 153,000
Monthly over 25 years at 3.7%
AED 1,565

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