1-bed · 663 sqftMazaya - Queue Point - R081, Liwan · 4th floor · completed 2014

401, Mazaya - Queue Point - R081

Sold prices and rental history: sold twice, last in December 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 13 July 2024
Last soldAED 485K29 December 2015
Current rentAED 40K /yr13 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Mazaya - Queue Point - R081

What is 401 worth today?

Last sold for AED 485,394 in 2015

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13 Jul 2024RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft
10 Jul 2023RentedNew contract
AED 33,000/yr12 months · AED 49 per sqft
1 Mar 2023RentedRenewal
AED 22,000/yr12 months · AED 33 per sqft
1 Mar 2022RentedNew contract
AED 25,000/yr12 months · AED 37 per sqft
15 Feb 2021RentedNew contract
AED 23,000/yr12 months · AED 34 per sqft
29 Dec 2015SoldOff-plan
AED 485,394AED 731 per sqft
25 May 2009Sold by developerOff-plan
AED 208,025AED 313 per sqft

Source: Dubai Land Department. Updated 13 July 2024.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
4th of 9
Parking
G-44
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 485K · December 2015

About 401, Mazaya - Queue Point - R081

401 is a one-bedroom apartment of 663 sqft on the 4th floor of Mazaya - Queue Point - R081, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 29 December 2015 for AED 485,394, or AED 731 per sqft.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 13 July 2024, is AED 40,000 a year: a gross yield of 8.2% on the 2015 price, before the service charge of about AED 6,400 a year.

Sales and rents for 401 over time

Rents
Unit 401, each contractTypical one-bed in Mazaya - Queue Point - R081
20K30K40K202120232025Typical rent by year: 2021 AED 25,500; 2022 AED 27,000; 2023 AED 33,000; 2024 AED 37,000; 2025 AED 39,000New contract, February 2021: AED 23,000 a yearNew contract, March 2022: AED 25,000 a yearRenewal, March 2023: AED 22,000 a yearNew contract, July 2023: AED 33,000 a yearNew contract, July 2024: AED 40,000 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 - Queue Point - R081, and where 401 sits

All 20 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 2023540,000
1 Aug 2023635,121
5 Jul 2009215,258
25 May 2009216,033
0 1-bed sales in the last 12 months

Mazaya - Queue Point - R081

Building

29 apartments, 1-bed to 2-bed over 9 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 46K /yr
Typical yield
Mazaya - Queue Point - R081, Liwan: prices, sales and rents →
Value
4051-bedAED 215K · May 2009
4062-bedAED 1.55M · May 2009
4071-bedAED 856K · May 2009
4082-bedAED 1.34M · May 2009

401, Mazaya - Queue Point - R081 in numbers

  • Sold twice: first on 25 May 2009 for AED 208,025, last on 29 December 2015 for AED 485,394 (AED 731 per sqft).
  • Rented since February 2021 on 5 Ejari contracts, from AED 23,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2015 price is 8.2%, before a service charge of about AED 6,400 a year (AED 9.65 per sqft).

Source: Dubai Land Department. Updated 13 July 2024.

Questions about 401, Mazaya - Queue Point - R081

What did unit 401 last sell for?

AED 485,394 on 29 December 2015: AED 731 per sqft for 663 sqft. The unit has 2 registered sales; the first was AED 208,025 in May 2009.

What is the rent for unit 401?

AED 40,000 a year on the contract signed on 13 July 2024. The previous contract, from July 2023, was AED 33,000; the unit has been rented since February 2021.

How big is unit 401?

663 sqft (61.6 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2014.

What is unit 401 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 401, Mazaya - Queue Point - R081

Starts from the last sale price (AED 485K, 29 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 485,394
Deposit, UAE resident (20%)
AED 97,079
Deposit, non-resident (40%)
AED 194,158
Monthly over 25 years at 3.7%
AED 1,986

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