501, Mazaya - Queue Point - R081
Sold prices and rental history: sold twice, last in August 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Mazaya - Queue Point - R081
What is 501 worth today?
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Source: Dubai Land Department. Updated 4 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 663 sqft
- Floor
- 5th of 9
- Parking
- G-45
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 6,400 /yr
- Last sold
- AED 540K · August 2023
- Building
- Mazaya - Queue Point - R081
About 501, Mazaya - Queue Point - R081
501 is a one-bedroom apartment of 663 sqft on the 5th floor of Mazaya - Queue Point - R081, a 9-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 4 August 2023 for AED 540,000, or AED 813 per sqft.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 July 2022, is AED 28,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 6,400 a year.
Sales and rents for 501 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 - Queue Point - R081, and where 501 sits
All 20 1-beds →| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Aug 20231 August 2023 | 708 sqft | 635,121 | 897 | ||
| 29 Dec 201529 December 2015 | 663 sqft | 485,394 | 731 | ||
| 5 Jul 20095 July 2009 | 708 sqft | 215,258 | 304 | ||
| 25 May 200925 May 2009 | 706 sqft | 216,033 | 305 |
Mazaya - Queue Point - R081
Building29 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
Other units on the 5th floor
All 29 units in Mazaya - Queue Point - R081| ValueToday's value | |||||
|---|---|---|---|---|---|
| 504 | 2-bed | 1,078 sqft | AED 1.25MAED 1,251,547 · May 2009May 2009 | ||
| 505 | 1-bed | 708 sqft | AED 635KAED 635,121 · Aug 2023August 2023 | 40,000 /yr | |
| 507 | 1-bed | 733 sqft | AED 858KAED 857,970 · May 2009May 2009 | ||
| 508 | 2-bed | 1,123 sqft | AED 1.34MAED 1,340,792 · May 2009May 2009 | ||
| 511 | 1-bed | 681 sqft | AED 795KAED 795,295 · May 2009May 2009 |
501, Mazaya - Queue Point - R081 in numbers
- Sold twice: first on 25 May 2009 for AED 208,025, last on 4 August 2023 for AED 540,000 (AED 813 per sqft).
- Rented since March 2021 on 3 Ejari contracts, from AED 26,000 to AED 28,000 a year.
- At AED 28,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 6,400 a year (AED 9.65 per sqft).
Source: Dubai Land Department. Updated 4 August 2023.
Questions about 501, Mazaya - Queue Point - R081
What did unit 501 last sell for?
AED 540,000 on 4 August 2023: AED 813 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 501?
AED 28,000 a year on the contract signed on 1 July 2022. The previous contract, from June 2022, was AED 28,000; the unit has been rented since March 2021.
How big is unit 501?
663 sqft (61.6 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2014.
What is unit 501 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 501, Mazaya - Queue Point - R081
Starts from the last sale price (AED 540K, 4 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →