2-bed · 1,625 sqftMazaya - Al Yarmouk (Queue Point - R099), Liwan · 4th floor · completed 2014

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

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 880K10 December 2024
Current rentAED 55K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Mazaya - Al Yarmouk (Queue Point - R099)

What is 404 worth today?

Last sold for AED 880,000 in 2024

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10 Dec 2024SoldReady
AED 880,000AED 541 per sqft
1 Feb 2024RentedRenewal
AED 55,000/yr12 months · AED 34 per sqft
1 Feb 2023RentedRenewal
AED 50,400/yr12 months · AED 31 per sqft
1 Feb 2022RentedRenewal
AED 48,000/yr12 months · AED 30 per sqft
1 Feb 2021RentedNew contract
AED 48,000/yr12 months · AED 30 per sqft
1 Jan 2020RentedNew contract
AED 62,000/yr12 months · AED 38 per sqft
26 Dec 2017RentedNew contract
AED 70,000/yr12 months · AED 43 per sqft
6 Sep 2015Sold by developerReady
AED 1,100,000AED 676 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
2-bed apartment
Size
1,625 sqft
Floor
4th of 6
Parking
G-08
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 20,200 /yr
Last sold
AED 880K · December 2024

About 404, Mazaya - Al Yarmouk (Queue Point - R099)

404 is a two-bedroom apartment of 1,625 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. It last sold on 10 December 2024 for AED 880,000, or AED 541 per sqft, in line with the AED 541 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 55,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 20,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Mazaya - Al Yarmouk (Queue Point - R099)
500K1M2009201420192024Typical sale price by year: 2009 AED 716,102; 2015 AED 487,586; 2024 AED 650,000Sold by developer, September 2015: AED 1,100,000 (AED 676 per sqft)Sold, December 2024: AED 880,000 (AED 541 per sqft)

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

Rents
Unit 404, 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, December 2017: AED 70,000 a yearNew contract, January 2020: AED 62,000 a yearNew contract, February 2021: AED 48,000 a yearRenewal, February 2022: AED 48,000 a yearRenewal, February 2023: AED 50,400 a yearRenewal, February 2024: AED 55,000 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 404 sits

All 15 2-beds →

404 last sold in December 2024 at AED 541 per sqft, in line with what two-beds in Mazaya - Al Yarmouk (Queue Point - R099) were fetching at the time (AED 541). 404's AED 55,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Nov 2024650,000
23 Jul 2024501,397
12 Jan 2023745,000
28 Sep 2022500,000
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
4032-bedAED 593K · Jul 2015
4051-bedAED 219K · May 2015
4062-bedAED 860K · Sep 2015
4071-bedAED 385K · Mar 2023
4081-bedAED 221K · Feb 2023
1–7 of 8

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

  • Sold twice: first on 6 September 2015 for AED 1,100,000, last on 10 December 2024 for AED 880,000 (AED 541 per sqft).
  • Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2022 and recovered to AED 55,000 by February 2024.
  • At AED 55,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 20,200 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 10 December 2024.

Questions about 404, Mazaya - Al Yarmouk (Queue Point - R099)

What did unit 404 last sell for?

AED 880,000 on 10 December 2024: AED 541 per sqft for 1,625 sqft. The unit has 2 registered sales; the first was AED 1,100,000 in September 2015.

What is the rent for unit 404?

AED 55,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 50,400; the unit has been rented since December 2017.

How big is unit 404?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 404 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 404, Mazaya - Al Yarmouk (Queue Point - R099)

Starts from the last sale price (AED 880K, 10 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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