2-bed · 1,624 sqftMazaya - Al Yarmouk (Queue Point - R099), Liwan · 4th floor · completed 2014

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

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 593K7 July 2015
Current rentAED 55K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Mazaya - Al Yarmouk (Queue Point - R099)

What is 403 worth today?

Last sold for AED 592,671 in 2015

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1 Dec 2023RentedRenewal
AED 54,853/yr12 months · AED 34 per sqft
1 Dec 2022RentedNew contract
AED 55,000/yr12 months · AED 34 per sqft
5 Mar 2022RentedRenewal
AED 47,500/yr12 months · AED 29 per sqft
5 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 28 per sqft
20 Aug 2018RentedNew contract
AED 67,000/yr12 months · AED 41 per sqft
1 Nov 2016RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
7 Jul 2015Sold by developerReady
AED 592,671AED 364 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
2-bed apartment
Size
1,624 sqft
Floor
4th of 6
Parking
G-12
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 20,200 /yr
Last sold
AED 593K · July 2015

About 403, Mazaya - Al Yarmouk (Queue Point - R099)

403 is a two-bedroom apartment of 1,624 sqft on the 4th 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 7 July 2015 for AED 592,671, or AED 364 per sqft, in line with the AED 357 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 54,853 a year: a gross yield of 9.3% on the 2015 price, before the service charge of about AED 20,200 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Mazaya - Al Yarmouk (Queue Point - R099)
600K20092013201720212025Typical sale price by year: 2009 AED 716,102; 2015 AED 487,586; 2024 AED 650,000Sold by developer, July 2015: AED 592,671 (AED 364 per sqft)

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

Rents
Unit 403, each contractTypical two-bed in Mazaya - Al Yarmouk (Queue Point - R099)
40K60K80K20152018202120242027Typical 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, November 2016: AED 80,000 a yearNew contract, August 2018: AED 67,000 a yearNew contract, March 2021: AED 45,000 a yearRenewal, March 2022: AED 47,500 a yearNew contract, December 2022: AED 55,000 a yearRenewal, December 2023: AED 54,853 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 403 sits

All 15 2-beds →

403 last sold in July 2015 at AED 364 per sqft, in line with what two-beds in Mazaya - Al Yarmouk (Queue Point - R099) were fetching at the time (AED 357). 403's AED 54,853 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
4011-bedAED 340K · Feb 2021
4023-bedAED 995K · Mar 2024
4042-bedAED 880K · Dec 2024
4051-bedAED 219K · May 2015
4062-bedAED 860K · Sep 2015
4071-bedAED 385K · Mar 2023
4081-bedAED 221K · Feb 2023
1–7 of 8

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

  • Sold once: by Al Mazaya Real Estate on 7 July 2015 for AED 592,671, or AED 364 per sqft.
  • Rented since November 2016 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 54,853 by December 2023.
  • At AED 54,853 a year the gross yield on the 2015 price is 9.3%, before a service charge of about AED 20,200 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 1 December 2023.

Questions about 403, Mazaya - Al Yarmouk (Queue Point - R099)

What did unit 403 last sell for?

AED 592,671 on 7 July 2015, sold by the developer: AED 364 per sqft for 1,624 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 54,853 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 55,000; the unit has been rented since November 2016.

How big is unit 403?

1,624 sqft (150.9 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 403 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 403, Mazaya - Al Yarmouk (Queue Point - R099)

Starts from the last sale price (AED 593K, 7 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 592,671
Deposit, UAE resident (20%)
AED 118,534
Deposit, non-resident (40%)
AED 237,068
Monthly over 25 years at 3.7%
AED 2,425

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