1-bed · 657 sqftMazaya - Monaco residency (Queue Point - R100), Liwan · 2nd floor · completed 2014

202, 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 202 · DLD and Ejari recordsUpdated 20 September 2021
Last soldAED 435K22 October 2015
Current rentAED 24K /yr20 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Mazaya - Monaco residency (Queue Point - R100)

What is 202 worth today?

Last sold for AED 434,900 in 2015

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20 Sep 2021RentedNew contract
AED 24,000/yr12 months · AED 37 per sqft
25 Aug 2020RentedRenewal
AED 30,000/yr12 months · AED 46 per sqft
25 Aug 2019RentedRenewal
AED 35,000/yr12 months · AED 53 per sqft
25 Aug 2018RentedRenewal
AED 41,000/yr12 months · AED 62 per sqft
25 Aug 2017RentedNew contract
AED 44,000/yr12 months · AED 67 per sqft
23 Nov 2015RentedNew contract
AED 62,500/yr12 months · AED 95 per sqft
22 Oct 2015Sold by developerReady
AED 434,900AED 662 per sqft
24 Nov 2014RentedNew contract
AED 62,500/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 20 September 2021.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
2nd of 5
Parking
G-26
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,900 /yr
Last sold
AED 435K · October 2015

About 202, Mazaya - Monaco residency (Queue Point - R100)

202 is a one-bedroom apartment of 657 sqft on the 2nd 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 434,900, 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 20 September 2021, is AED 24,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 4,900 a year.

Sales and rents for 202 over time

Rents
Unit 202, 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, August 2017: AED 44,000 a yearRenewal, August 2018: AED 41,000 a yearRenewal, August 2019: AED 35,000 a yearRenewal, August 2020: AED 30,000 a yearNew contract, September 2021: AED 24,000 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 202 sits

All 25 1-beds →

202 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). 202's AED 24,000 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
2012-bedAED 642K · Oct 2015
2031-bedAED 402K · Oct 2015
2043-bedAED 1.07M · Oct 2015
2051-bedAED 381K · Oct 2015
2061-bedAED 378K · Oct 2015
2072-bedAED 1.01M · Oct 2015
2081-bedAED 536K · Oct 2015

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

  • Sold once: by Al Mazaya Real Estate on 22 October 2015 for AED 434,900, or AED 662 per sqft.
  • Rented since November 2014 on 7 Ejari contracts, from AED 62,500 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 4,900 a year (AED 7.49 per sqft).

Source: Dubai Land Department. Updated 20 September 2021.

Questions about 202, Mazaya - Monaco residency (Queue Point - R100)

What did unit 202 last sell for?

AED 434,900 on 22 October 2015, sold by the developer: AED 662 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 24,000 a year on the contract signed on 20 September 2021. The previous contract, from August 2020, was AED 30,000; the unit has been rented since November 2014.

How big is unit 202?

657 sqft (61.0 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2014.

What is unit 202 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 202, Mazaya - Monaco residency (Queue Point - R100)

Starts from the last sale price (AED 435K, 22 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 434,900
Deposit, UAE resident (20%)
AED 86,980
Deposit, non-resident (40%)
AED 173,960
Monthly over 25 years at 3.7%
AED 1,779

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