1-bed · 809 sqftMazaya - Monaco residency (Queue Point - R100), Liwan · 3rd floor · completed 2014

308, 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.

Follow 308

Unit 308 · DLD and Ejari recordsUpdated 20 November 2023

Last soldAED 536K22 October 2015

Current rentAED 42K /yr20 November 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 308

Property timeline for 308, Mazaya - Monaco residency (Queue Point - R100)

Today

What is 308 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.

20 Nov 2023

20 Nov 2023RentedNew contract

AED 42,000/yr12 months · AED 52 per sqft

1 Apr 2023

1 Apr 2023RentedRenewal

AED 32,000/yr12 months · AED 40 per sqft

1 Apr 2022

1 Apr 2022RentedRenewal

AED 29,000/yr12 months · AED 36 per sqft

1 Apr 2021

1 Apr 2021RentedRenewal

AED 28,000/yr12 months · AED 35 per sqft

1 Apr 2020

1 Apr 2020RentedRenewal

AED 34,000/yr12 months · AED 42 per sqft

1 Apr 2019

1 Apr 2019RentedRenewal

AED 40,000/yr12 months · AED 49 per sqft

1 Apr 2018

1 Apr 2018RentedNew contract

AED 47,000/yr12 months · AED 58 per sqft

1 Jun 2017

1 Jun 2017RentedNew contract

AED 48,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type: 1-bed apartment
Size: 809 sqft
Floor: 3rd of 5
Parking: G-01
Developer: Al Mazaya Real Estate
Completed: 2014
Service charge: AED 6,100 /yr
Last sold: AED 536K · October 2015
Building: Mazaya - Monaco residency (Queue Point - R100)

About 308, Mazaya - Monaco residency (Queue Point - R100)

308 is a one-bedroom apartment of 809 sqft on the 3rd 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 10 Ejari contracts. The current contract, signed on 20 November 2023, is AED 42,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 6,100 a year.

Sales and rents for 308 over time

Rents

Unit 308, each contractTypical one-bed in Mazaya - Monaco residency (Queue Point - R100)

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 308 sits

All 25 1-beds →

308 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). 308's AED 42,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
22 Oct 201522 October 2015	657 sqft	434,900	662
22 Oct 201522 October 2015	571 sqft	378,086	662
22 Oct 201522 October 2015	657 sqft	434,890	662
22 Oct 201522 October 2015	571 sqft	378,086	662

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 →

Other units on the 3rd floor

All 40 units in Mazaya - Monaco residency (Queue Point - R100)


301	2-bed	970 sqft	AED 642KAED 642,048 · Oct 2015October 2015	50,000 /yr
302	1-bed	657 sqft	AED 435KAED 434,890 · Oct 2015October 2015	36,500 /yr
303	1-bed	607 sqft	AED 402KAED 401,821 · Oct 2015October 2015	31,000 /yr
304	3-bed	1,619 sqft	AED 1.07MAED 1,072,312 · Oct 2015October 2015	75,000 /yr
305	1-bed	576 sqft	AED 381KAED 381,218 · Oct 2015October 2015	37,500 /yr
306	1-bed	571 sqft	AED 378KAED 378,086 · Oct 2015October 2015	40,000 /yr
307	2-bed	1,531 sqft	AED 1.01MAED 1,014,068 · Oct 2015October 2015	57,750 /yr

308, 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 10 Ejari contracts. The rent fell from AED 62,500 to AED 28,000 in 2021 and recovered to AED 42,000 by November 2023.
At AED 42,000 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 6,100 a year (AED 7.49 per sqft).

Source: Dubai Land Department. Updated 20 November 2023.

Questions about 308, Mazaya - Monaco residency (Queue Point - R100)

What did unit 308 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 308?

AED 42,000 a year on the contract signed on 20 November 2023. The previous contract, from April 2023, was AED 32,000; the unit has been rented since November 2014.

How big is unit 308?

809 sqft (75.2 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2014.

What is unit 308 worth today?

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

Selling 308? 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 308, 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 →