2-bed · 1,094 sqftMazaya - Al Yarmouk (Queue Point - R099), Liwan · 4th floor · completed 2014

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

Sold prices and rental history: sold twice, last in September 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 May 2019
Last soldAED 860K16 September 2015
Current rentAED 58K /yr1 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Mazaya - Al Yarmouk (Queue Point - R099)

What is 406 worth today?

Last sold for AED 860,000 in 2015

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1 May 2019RentedRenewal
AED 58,002/yr2 months · AED 53 per sqft
1 May 2018RentedNew contract
AED 58,000/yr12 months · AED 53 per sqft
16 Sep 2015SoldReady
AED 860,000AED 785 per sqft
4 May 2009Sold by developerOff-plan
AED 830,034AED 758 per sqft

Source: Dubai Land Department. Updated 1 May 2019.

Key facts

Type
2-bed apartment
Size
1,094 sqft
Floor
4th of 6
Parking
G-11
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 13,600 /yr
Last sold
AED 860K · September 2015

About 406, Mazaya - Al Yarmouk (Queue Point - R099)

406 is a two-bedroom apartment of 1,094 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 16 September 2015 for AED 860,000, or AED 785 per sqft, 124% above the AED 350 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 1 May 2019, is AED 58,002 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 13,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Mazaya - Al Yarmouk (Queue Point - R099)
600K800K20092013201720212025Typical sale price by year: 2009 AED 716,102; 2015 AED 487,586; 2024 AED 650,000Sold by developer, May 2009: AED 830,034 (AED 758 per sqft)Sold, September 2015: AED 860,000 (AED 785 per sqft)

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

Rents
Unit 406, 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, May 2018: AED 58,000 a yearRenewal, May 2019: AED 58,002 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 406 sits

All 15 2-beds →

406 last sold in September 2015 at AED 785 per sqft, 124% above what two-beds in Mazaya - Al Yarmouk (Queue Point - R099) were fetching at the time (AED 350). 406's AED 58,002 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
4032-bedAED 593K · Jul 2015
4042-bedAED 880K · Dec 2024
4051-bedAED 219K · May 2015
4071-bedAED 385K · Mar 2023
4081-bedAED 221K · Feb 2023
1–7 of 8

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

  • Sold twice: first on 4 May 2009 for AED 830,034, last on 16 September 2015 for AED 860,000 (AED 785 per sqft).
  • Rented since May 2018 on 2 Ejari contracts, from AED 58,000 to AED 58,002 a year.
  • At AED 58,002 a year the gross yield on the 2015 price is 6.7%, before a service charge of about AED 13,600 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 1 May 2019.

Questions about 406, Mazaya - Al Yarmouk (Queue Point - R099)

What did unit 406 last sell for?

AED 860,000 on 16 September 2015: AED 785 per sqft for 1,094 sqft. The unit has 2 registered sales; the first was AED 830,034 in May 2009.

What is the rent for unit 406?

AED 58,002 a year on the contract renewed on 1 May 2019. The previous contract, from May 2018, was AED 58,000.

How big is unit 406?

1,094 sqft (101.6 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 406 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 406, Mazaya - Al Yarmouk (Queue Point - R099)

Starts from the last sale price (AED 860K, 16 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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