1-bed · 809 sqftMazaya - Monaco residency (Queue Point - R100), Liwan · 1st floor · completed 2014

108, 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 108 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 536K22 October 2015
Current rentAED 30K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Mazaya - Monaco residency (Queue Point - R100)

What is 108 worth today?

Last sold for AED 535,547 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 37 per sqft
1 Aug 2021RentedNew contract
AED 28,000/yr12 months · AED 35 per sqft
5 Jul 2019RentedNew contract
AED 36,000/yr12 months · AED 45 per sqft
6 Jul 2017RentedNew contract
AED 47,000/yr12 months · AED 58 per sqft
1 Jul 2016RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
23 Nov 2015RentedNew contract
AED 62,500/yr12 months · AED 77 per sqft
22 Oct 2015Sold by developerReady
AED 535,547AED 662 per sqft
24 Nov 2014RentedNew contract
AED 62,500/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
1-bed apartment
Size
809 sqft
Floor
1st of 5
Parking
G-08
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,100 /yr
Last sold
AED 536K · October 2015

About 108, Mazaya - Monaco residency (Queue Point - R100)

108 is a one-bedroom apartment of 809 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 535,547, or AED 662 per sqft, in line with the AED 662 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 August 2022, is AED 30,000 a year: a gross yield of 5.6% on the 2015 price, before the service charge of about AED 6,100 a year.

Sales and rents for 108 over time

Rents
Unit 108, each contractTypical one-bed in Mazaya - Monaco residency (Queue Point - R100)
20K40K60K2014201820222026Typical rent by year: 2014 AED 62,500; 2015 AED 62,500; 2016 AED 51,063; 2017 AED 45,000; 2018 AED 41,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 26,000; 2022 AED 28,175; 2023 AED 32,000; 2024 AED 36,500; 2025 AED 40,000; 2026 AED 42,000New contract, November 2014: AED 62,500 a yearNew contract, November 2015: AED 62,500 a yearNew contract, July 2016: AED 55,000 a yearNew contract, July 2017: AED 47,000 a yearNew contract, July 2019: AED 36,000 a yearNew contract, August 2021: AED 28,000 a yearNew contract, August 2022: AED 30,000 a year

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

1-beds in Mazaya - Monaco residency (Queue Point - R100), and where 108 sits

All 25 1-beds →

108 last sold in October 2015 at AED 662 per sqft, in line with what one-beds in Mazaya - Monaco residency (Queue Point - R100) were fetching at the time (AED 662). 108's AED 30,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2015434,900
22 Oct 2015535,547
22 Oct 2015378,086
22 Oct 2015434,890
0 1-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
1072-bedAED 1.01M · Oct 2015

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

  • Sold once: by Al Mazaya Real Estate on 22 October 2015 for AED 535,547, or AED 662 per sqft.
  • Rented since November 2014 on 7 Ejari contracts, from AED 62,500 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2015 price is 5.6%, before a service charge of about AED 6,100 a year (AED 7.49 per sqft).

Source: Dubai Land Department. Updated 1 August 2022.

Questions about 108, Mazaya - Monaco residency (Queue Point - R100)

What did unit 108 last sell for?

AED 535,547 on 22 October 2015, sold by the developer: AED 662 per sqft for 809 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 30,000 a year on the contract signed on 1 August 2022. The previous contract, from August 2021, was AED 28,000; the unit has been rented since November 2014.

How big is unit 108?

809 sqft (75.2 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2014.

What is unit 108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 108? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 108, Mazaya - Monaco residency (Queue Point - R100)

Starts from the last sale price (AED 536K, 22 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 535,547
Deposit, UAE resident (20%)
AED 107,109
Deposit, non-resident (40%)
AED 214,219
Monthly over 25 years at 3.7%
AED 2,191

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