1-bed · 571 sqftMazaya - Monaco residency (Queue Point - R100), Liwan · 4th floor · completed 2014

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

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

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Unit 406 · DLD and Ejari recordsUpdated 1 April 2021

Last soldAED 378K22 October 2015

Current rentAED 29K /yr1 April 2021

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 406, Mazaya - Monaco residency (Queue Point - R100)

Today

What is 406 worth today?

Last sold for AED 378,086 in 2015

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1 Apr 2021

1 Apr 2021RentedNew contract

AED 29,000/yr12 months · AED 51 per sqft

23 Nov 2015

23 Nov 2015RentedNew contract

AED 62,500/yr12 months · AED 109 per sqft

22 Oct 2015

22 Oct 2015Sold by developerReady

AED 378,086AED 662 per sqft

24 Nov 2014

24 Nov 2014RentedNew contract

AED 62,500/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 1 April 2021.

Key facts

Type: 1-bed apartment
Size: 571 sqft
Floor: 4th of 5
Parking: G-17
Developer: Al Mazaya Real Estate
Completed: 2014
Service charge: AED 4,300 /yr
Last sold: AED 378K · October 2015
Building: Mazaya - Monaco residency (Queue Point - R100)

About 406, Mazaya - Monaco residency (Queue Point - R100)

406 is a one-bedroom apartment of 571 sqft on the 4th 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 378,086, 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 since 2014 on 3 Ejari contracts. The current contract, signed on 1 April 2021, is AED 29,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 4,300 a year.

Sales and rents for 406 over time

Rents

Unit 406, 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 406 sits

All 25 1-beds →

406 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). 406's AED 29,000 is at the bottom 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	809 sqft	535,547	662
22 Oct 201522 October 2015	571 sqft	378,086	662
22 Oct 201522 October 2015	657 sqft	434,890	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 4th floor

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


401	2-bed	970 sqft	AED 642KAED 642,048 · Oct 2015October 2015	51,700 /yr
402	1-bed	657 sqft	AED 435KAED 434,900 · Oct 2015October 2015	46,000 /yr
403	1-bed	607 sqft	AED 402KAED 401,821 · Oct 2015October 2015	39,500 /yr
404	3-bed	1,619 sqft	AED 1.07MAED 1,072,312 · Oct 2015October 2015	77,000 /yr
405	1-bed	576 sqft	AED 381KAED 381,218 · Oct 2015October 2015	47,000 /yr
407	2-bed	1,531 sqft	AED 1.01MAED 1,014,068 · Oct 2015October 2015	61,000 /yr
408	1-bed	809 sqft	AED 536KAED 535,547 · Oct 2015October 2015	55,000 /yr

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

Sold once: by Al Mazaya Real Estate on 22 October 2015 for AED 378,086, or AED 662 per sqft.
Rented since November 2014 on 3 Ejari contracts, from AED 62,500 to AED 29,000 a year.
At AED 29,000 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 4,300 a year (AED 7.49 per sqft).

Source: Dubai Land Department. Updated 1 April 2021.

Questions about 406, Mazaya - Monaco residency (Queue Point - R100)

What did unit 406 last sell for?

AED 378,086 on 22 October 2015, sold by the developer: AED 662 per sqft for 571 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 29,000 a year on the contract signed on 1 April 2021. The previous contract, from November 2015, was AED 62,500; the unit has been rented since November 2014.

How big is unit 406?

571 sqft (53.0 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2014.

What is unit 406 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 406, Mazaya - Monaco residency (Queue Point - R100)

Starts from the last sale price (AED 378K, 22 October 2015). Switch to today's estimate once you have unlocked it.

Price: AED 378,086
Deposit, UAE resident (20%): AED 75,617
Deposit, non-resident (40%): AED 151,234
Monthly over 25 years at 3.7%: AED 1,547

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