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2-bed · 1,046 sqftMazaya - Al Yarmouk (Queue Point - R099), Liwan · 3rd floor · completed 2014

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

Sold prices and rental history: sold twice, last in June 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 6 June 2022
Last soldAED 450K6 June 2022
Current rentAED 38K /yr15 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Mazaya - Al Yarmouk (Queue Point - R099)

What is 308 worth today?

Last sold for AED 450,000 in 2022

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6 Jun 2022SoldReady
AED 450,000AED 430 per sqft
15 Aug 2021RentedRenewal
AED 38,000/yr12 months · AED 36 per sqft
15 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 38 per sqft
10 May 2015Sold by developerReady
AED 770,000AED 736 per sqft

Source: Dubai Land Department. Updated 6 June 2022.

Key facts

Type
2-bed apartment
Size
1,046 sqft
Floor
3rd of 6
Parking
G-15
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 13,000 /yr
Last sold
AED 450K · June 2022
Building
Mazaya - Al Yarmouk (Queue Point - R099)

About 308, Mazaya - Al Yarmouk (Queue Point - R099)

308 is a two-bedroom apartment of 1,046 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. It last sold on 6 June 2022 for AED 450,000, or AED 430 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 15 August 2021, is AED 38,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 13,000 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Mazaya - Al Yarmouk (Queue Point - R099)
400K600K800K20092013201720212025Typical sale price by year: 2009 AED 716,102; 2015 AED 487,586; 2024 AED 650,000Sold by developer, May 2015: AED 770,000 (AED 736 per sqft)Sold, June 2022: AED 450,000 (AED 430 per sqft)

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

Rents
Unit 308, 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, August 2020: AED 40,000 a yearRenewal, August 2021: AED 38,000 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 308 sits

All 15 2-beds →

308's AED 38,000 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 →

Other units on the 3rd floor

All 55 units in Mazaya - Al Yarmouk (Queue Point - R099)
Value
3011-bedAED 355K · Oct 2015
3021-bedAED 430K · Sep 2020
3031-bedAED 392K · May 2009
3041-bedAED 385K · May 2023
3052-bedAED 383K · May 2015
3061-bedAED 208K · May 2015
3071-bedAED 280K · May 2021
1–7 of 11

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

  • Sold twice: first on 10 May 2015 for AED 770,000, last on 6 June 2022 for AED 450,000 (AED 430 per sqft).
  • Rented since August 2020 on 2 Ejari contracts, from AED 40,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 13,000 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 6 June 2022.

Questions about 308, Mazaya - Al Yarmouk (Queue Point - R099)

What did unit 308 last sell for?

AED 450,000 on 6 June 2022: AED 430 per sqft for 1,046 sqft. The unit has 2 registered sales; the first was AED 770,000 in May 2015.

What is the rent for unit 308?

AED 38,000 a year on the contract renewed on 15 August 2021. The previous contract, from August 2020, was AED 40,000.

How big is unit 308?

1,046 sqft (97.2 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 308 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 308, Mazaya - Al Yarmouk (Queue Point - R099)

Starts from the last sale price (AED 450K, 6 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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