3-bed · 1,753 sqftMazaya - Al Yarmouk (Queue Point - R099), Liwan · 5th floor · completed 2014

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

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 30 May 2022
Last soldAED 640K30 May 2022
Current rentAED 55K /yr10 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Mazaya - Al Yarmouk (Queue Point - R099)

What is 502 worth today?

Last sold for AED 640,000 in 2022

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30 May 2022SoldReady
AED 640,000AED 365 per sqft
10 Sep 2021RentedRenewal
AED 55,000/yr12 months · AED 31 per sqft
10 Sep 2020RentedNew contract
AED 55,000/yr12 months · AED 31 per sqft
11 Dec 2018RentedNew contract
AED 70,000/yr12 months · AED 40 per sqft
5 Sep 2017RentedNew contract
AED 80,000/yr12 months · AED 46 per sqft
5 Jul 2015Sold by developerReady
AED 657,479AED 375 per sqft

Source: Dubai Land Department. Updated 30 May 2022.

Key facts

Type
3-bed apartment
Size
1,753 sqft
Floor
5th of 6
Parking
G-06,G-07
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 21,800 /yr
Last sold
AED 640K · May 2022

About 502, Mazaya - Al Yarmouk (Queue Point - R099)

502 is a three-bedroom apartment of 1,753 sqft on the 5th 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 30 May 2022 for AED 640,000, or AED 365 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 10 September 2021, is AED 55,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 21,800 a year.

Sales and rents for 502 over time

Rents
Unit 502, each contractTypical three-bed in Mazaya - Al Yarmouk (Queue Point - R099)
60K80K201720192021Typical rent by year: 2020 AED 55,000; 2021 AED 55,000New contract, September 2017: AED 80,000 a yearNew contract, December 2018: AED 70,000 a yearNew contract, September 2020: AED 55,000 a yearRenewal, September 2021: AED 55,000 a year

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

3-beds in Mazaya - Al Yarmouk (Queue Point - R099), and where 502 sits

All 3 3-beds →

Over the last 12 months three-beds sold for AED 1,250,000, around AED 716 per sqft, and rent for AED 81,000 to 81,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
31 Mar 20261,250,000
19 Jun 20251,017,268
26 Mar 2024995,000
19 Dec 2023879,037
1 3-bed sale 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
5011-bedAED 575K · Oct 2024
5032-bedAED 1.1M · Oct 2015
5042-bedAED 745K · Jan 2023
5053-bedAED 1.25M · Mar 2026
5061-bedAED 600K · Sep 2025
5071-bedAED 235K · Jun 2015
5081-bedAED 330K · Sep 2020

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

  • Sold twice: first on 5 July 2015 for AED 657,479, last on 30 May 2022 for AED 640,000 (AED 365 per sqft).
  • Rented since September 2017 on 4 Ejari contracts, from AED 80,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 8.6%, before a service charge of about AED 21,800 a year (AED 12.41 per sqft).
  • Three-beds in Mazaya - Al Yarmouk (Queue Point - R099) sold for AED 1,250,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 790 per sqft.

Source: Dubai Land Department. Updated 30 May 2022.

Questions about 502, Mazaya - Al Yarmouk (Queue Point - R099)

What did unit 502 last sell for?

AED 640,000 on 30 May 2022: AED 365 per sqft for 1,753 sqft. The unit has 2 registered sales; the first was AED 657,479 in July 2015.

What is the rent for unit 502?

AED 55,000 a year on the contract renewed on 10 September 2021. The previous contract, from September 2020, was AED 55,000; the unit has been rented since September 2017.

How big is unit 502?

1,753 sqft (162.9 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya - Al Yarmouk (Queue Point - R099) sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 716 per sqft.

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Mortgage on 502, Mazaya - Al Yarmouk (Queue Point - R099)

Starts from the last sale price (AED 640K, 30 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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