2-bed · 1,531 sqftMazaya - Monaco residency (Queue Point - R100), Liwan · 1st floor · completed 2014

107, Mazaya - Monaco residency (Queue Point - R100)

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 1 April 2019
Last soldAED 1.01M22 October 2015
Current rentAED 60K /yr1 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Mazaya - Monaco residency (Queue Point - R100)

What is 107 worth today?

Last sold for AED 1,014,068 in 2015

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1 Apr 2019RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
7 Dec 2018RentedRenewal
AED 68,000/yr12 months · AED 44 per sqft
7 Dec 2017RentedRenewal
AED 75,500/yr12 months · AED 49 per sqft
7 Dec 2016RentedNew contract
AED 78,000/yr12 months · AED 51 per sqft
23 Nov 2015RentedNew contract
AED 62,500/yr12 months · AED 41 per sqft
22 Oct 2015Sold by developerReady
AED 1,014,068AED 662 per sqft
24 Nov 2014RentedNew contract
AED 62,500/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 1 April 2019.

Key facts

Type
2-bed apartment
Size
1,531 sqft
Floor
1st of 5
Parking
G-03
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,500 /yr
Last sold
AED 1.01M · October 2015

About 107, Mazaya - Monaco residency (Queue Point - R100)

107 is a two-bedroom apartment of 1,531 sqft on the 1st floor of Mazaya - Monaco residency (Queue Point - R100), a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 22 October 2015 for AED 1,014,068, or AED 662 per sqft, in line with the AED 662 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 April 2019, is AED 60,000 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 11,500 a year.

Sales and rents for 107 over time

Rents
Unit 107, each contractTypical two-bed in Mazaya - Monaco residency (Queue Point - R100)
40K60K80K2014201820222026Typical rent by year: 2014 AED 62,500; 2015 AED 62,500; 2017 AED 66,500; 2018 AED 68,000; 2019 AED 52,000; 2020 AED 44,000; 2021 AED 46,000; 2022 AED 48,500; 2023 AED 52,750; 2024 AED 54,000; 2025 AED 54,000; 2026 AED 60,000New contract, November 2014: AED 62,500 a yearNew contract, November 2015: AED 62,500 a yearNew contract, December 2016: AED 78,000 a yearRenewal, December 2017: AED 75,500 a yearRenewal, December 2018: AED 68,000 a yearNew contract, April 2019: AED 60,000 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 - Monaco residency (Queue Point - R100), and where 107 sits

All 10 2-beds →

107 last sold in October 2015 at AED 662 per sqft, in line with what two-beds in Mazaya - Monaco residency (Queue Point - R100) were fetching at the time (AED 662). 107's AED 60,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 2015642,048
22 Oct 2015642,048
22 Oct 2015642,048
22 Oct 20151,014,068
0 2-bed sales in the last 12 months

Mazaya - Monaco residency (Queue Point - R100)

Building

40 apartments, 1-bed to 3-bed over 5 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 49K /yr
Typical yield
Mazaya - Monaco residency (Queue Point - R100), Liwan: prices, sales and rents →
Value
1012-bedAED 642K · Oct 2015
1021-bedAED 435K · Oct 2015
1031-bedAED 402K · Oct 2015
1043-bedAED 1.07M · Oct 2015
1051-bedAED 381K · Oct 2015
1061-bedAED 378K · Oct 2015
1081-bedAED 536K · Oct 2015

107, Mazaya - Monaco residency (Queue Point - R100) in numbers

  • Sold once: by Al Mazaya Real Estate on 22 October 2015 for AED 1,014,068, or AED 662 per sqft.
  • Rented since November 2014 on 6 Ejari contracts, from AED 62,500 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 11,500 a year (AED 7.49 per sqft).

Source: Dubai Land Department. Updated 1 April 2019.

Questions about 107, Mazaya - Monaco residency (Queue Point - R100)

What did unit 107 last sell for?

AED 1,014,068 on 22 October 2015, sold by the developer: AED 662 per sqft for 1,531 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 60,000 a year on the contract signed on 1 April 2019. The previous contract, from December 2018, was AED 68,000; the unit has been rented since November 2014.

How big is unit 107?

1,531 sqft (142.2 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2014.

What is unit 107 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 107, Mazaya - Monaco residency (Queue Point - R100)

Starts from the last sale price (AED 1.01M, 22 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,014,068
Deposit, UAE resident (20%)
AED 202,814
Deposit, non-resident (40%)
AED 405,627
Monthly over 25 years at 3.7%
AED 4,149

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