2-bed · 1,622 sqftMazaya - Al Yarmouk (Queue Point - R099), Liwan · 5th floor · completed 2014

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

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 12 January 2023
Last soldAED 745K12 January 2023
Current rentAED 55K /yr25 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Mazaya - Al Yarmouk (Queue Point - R099)

What is 504 worth today?

Last sold for AED 745,000 in 2023

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12 Jan 2023SoldReady
AED 745,000AED 459 per sqft
25 Jul 2022RentedNew contract
AED 54,600/yr12 months · AED 34 per sqft
25 Jul 2021RentedRenewal
AED 52,000/yr12 months · AED 32 per sqft
25 Jul 2020RentedNew contract
AED 52,000/yr12 months · AED 32 per sqft
12 Feb 2019RentedRenewal
AED 60,000/yr12 months · AED 37 per sqft
12 Feb 2018RentedNew contract
AED 73,000/yr12 months · AED 45 per sqft
20 Jan 2017RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
20 Jan 2016RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 12 January 2023.

Key facts

Type
2-bed apartment
Size
1,622 sqft
Floor
5th of 6
Parking
G-10
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 20,100 /yr
Last sold
AED 745K · January 2023

About 504, Mazaya - Al Yarmouk (Queue Point - R099)

504 is a two-bedroom apartment of 1,622 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 12 January 2023 for AED 745,000, or AED 459 per sqft, in line with the AED 459 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 25 July 2022, is AED 54,600 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 20,100 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Mazaya - Al Yarmouk (Queue Point - R099)
500K1M20092013201720212025Typical sale price by year: 2009 AED 716,102; 2015 AED 487,586; 2024 AED 650,000Sold by developer, November 2015: AED 1,100,000 (AED 678 per sqft)Sold, January 2023: AED 745,000 (AED 459 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Mazaya - Al Yarmouk (Queue Point - R099)
50K75K20152018202120242027Typical 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, January 2016: AED 85,000 a yearRenewal, January 2017: AED 85,000 a yearNew contract, February 2018: AED 73,000 a yearRenewal, February 2019: AED 60,000 a yearNew contract, July 2020: AED 52,000 a yearRenewal, July 2021: AED 52,000 a yearNew contract, July 2022: AED 54,600 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 504 sits

All 15 2-beds →

504 last sold in January 2023 at AED 459 per sqft, in line with what two-beds in Mazaya - Al Yarmouk (Queue Point - R099) were fetching at the time (AED 459). 504's AED 54,600 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
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
5011-bedAED 575K · Oct 2024
5023-bedAED 640K · May 2022
5032-bedAED 1.1M · Oct 2015
5053-bedAED 1.25M · Mar 2026
5061-bedAED 600K · Sep 2025
5071-bedAED 235K · Jun 2015
5081-bedAED 330K · Sep 2020

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

  • Sold twice: first on 22 November 2015 for AED 1,100,000, last on 12 January 2023 for AED 745,000 (AED 459 per sqft).
  • Rented since January 2016 on 7 Ejari contracts, from AED 85,000 to AED 54,600 a year.
  • At AED 54,600 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 20,100 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 12 January 2023.

Questions about 504, Mazaya - Al Yarmouk (Queue Point - R099)

What did unit 504 last sell for?

AED 745,000 on 12 January 2023: AED 459 per sqft for 1,622 sqft. The unit has 2 registered sales; the first was AED 1,100,000 in November 2015.

What is the rent for unit 504?

AED 54,600 a year on the contract signed on 25 July 2022. The previous contract, from July 2021, was AED 52,000; the unit has been rented since January 2016.

How big is unit 504?

1,622 sqft (150.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.

What is unit 504 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 504, Mazaya - Al Yarmouk (Queue Point - R099)

Starts from the last sale price (AED 745K, 12 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 745,000
Deposit, UAE resident (20%)
AED 149,000
Deposit, non-resident (40%)
AED 298,000
Monthly over 25 years at 3.7%
AED 3,048

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