503, 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.
Property timeline for 503, Mazaya - Monaco residency (Queue Point - R100)
What is 503 worth today?
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Source: Dubai Land Department. Updated 23 November 2015.
Key facts
- Type
- 1-bed apartment
- Size
- 607 sqft
- Floor
- 5th of 5
- Parking
- G-10
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 4,500 /yr
- Last sold
- AED 402K · October 2015
About 503, Mazaya - Monaco residency (Queue Point - R100)
503 is a one-bedroom apartment of 607 sqft on the 5th 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 401,821, 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 2 Ejari contracts. The current contract, signed on 23 November 2015, is AED 62,500 a year: a gross yield of 15.6% on the 2015 price, before the service charge of about AED 4,500 a year.
Sales and rents for 503 over time
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 503 sits
All 25 1-beds →503 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). 503's AED 62,500 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Mazaya - Monaco residency (Queue Point - R100)
Building40 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
Other units on the 5th floor
All 40 units in Mazaya - Monaco residency (Queue Point - R100)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 970 sqft | AED 642KAED 642,048 · Oct 2015October 2015 | 59,000 /yr | |
| 502 | 1-bed | 657 sqft | AED 435KAED 434,900 · Oct 2015October 2015 | 45,000 /yr | |
| 504 | 3-bed | 1,619 sqft | AED 1.07MAED 1,072,312 · Oct 2015October 2015 | 83,500 /yr | |
| 505 | 1-bed | 576 sqft | AED 381KAED 381,218 · Oct 2015October 2015 | 48,000 /yr | |
| 506 | 1-bed | 571 sqft | AED 378KAED 378,086 · Oct 2015October 2015 | 46,000 /yr | |
| 507 | 2-bed | 1,531 sqft | AED 1.01MAED 1,014,068 · Oct 2015October 2015 | 70,000 /yr | |
| 508 | 1-bed | 809 sqft | AED 536KAED 535,547 · Oct 2015October 2015 | 35,000 /yr |
503, Mazaya - Monaco residency (Queue Point - R100) in numbers
- Sold once: by Al Mazaya Real Estate on 22 October 2015 for AED 401,821, or AED 662 per sqft.
- Rented since November 2014 on 2 Ejari contracts, at AED 62,500 a year.
- At AED 62,500 a year the gross yield on the 2015 price is 15.6%, before a service charge of about AED 4,500 a year (AED 7.49 per sqft).
Source: Dubai Land Department. Updated 23 November 2015.
Questions about 503, Mazaya - Monaco residency (Queue Point - R100)
What did unit 503 last sell for?
AED 401,821 on 22 October 2015, sold by the developer: AED 662 per sqft for 607 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 62,500 a year on the contract signed on 23 November 2015. The previous contract, from November 2014, was AED 62,500.
How big is unit 503?
607 sqft (56.4 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2014.
What is unit 503 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 503, Mazaya - Monaco residency (Queue Point - R100)
Starts from the last sale price (AED 402K, 22 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 401,821
- Deposit, UAE resident (20%)
- AED 80,364
- Deposit, non-resident (40%)
- AED 160,728
- Monthly over 25 years at 3.7%
- AED 1,644
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →