1-bed · 620 sqftMazaya - Tala 2 (Queue Point - R098), Liwan · 3rd floor · completed 2014

306, Mazaya - Tala 2 (Queue Point - R098)

Sold prices and rental history: sold 3 times, last in January 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 2 October 2020
Last soldAED 530K15 January 2015
Current rentAED 25K /yr2 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Mazaya - Tala 2 (Queue Point - R098)

What is 306 worth today?

Last sold for AED 530,000 in 2015

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2 Oct 2020RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft
1 Feb 2020RentedNew contract
AED 30,000/yr12 months · AED 48 per sqft
20 Feb 2019RentedRenewal
AED 38,000/yr12 months · AED 61 per sqft
20 Feb 2018RentedNew contract
AED 40,000/yr12 months · AED 65 per sqft
1 Feb 2017RentedRenewal
AED 48,000/yr12 months · AED 77 per sqft
1 Feb 2016RentedRenewal
AED 48,000/yr12 months · AED 77 per sqft
1 Feb 2015RentedNew contract
AED 48,000/yr12 months · AED 77 per sqft
15 Jan 2015SoldReady
AED 530,000AED 854 per sqft

Source: Dubai Land Department. Updated 2 October 2020.

Key facts

Type
1-bed apartment
Size
620 sqft
Floor
3rd of 6
Parking
G-29
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,400 /yr
Last sold
AED 530K · January 2015

About 306, Mazaya - Tala 2 (Queue Point - R098)

306 is a one-bedroom apartment of 620 sqft on the 3rd floor of Mazaya - Tala 2 (Queue Point - R098), a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 15 January 2015 for AED 530,000, or AED 854 per sqft, 22% above the AED 701 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 2 October 2020, is AED 25,000 a year: a gross yield of 4.7% on the 2015 price, before the service charge of about AED 7,400 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Mazaya - Tala 2 (Queue Point - R098)
300K400K500K2009201420192024Typical sale price by year: 2009 AED 424,802; 2013 AED 312,805; 2014 AED 464,604; 2015 AED 402,958; 2019 AED 355,000; 2020 AED 443,000; 2022 AED 310,000; 2023 AED 380,000; 2026 AED 490,000Sold by developer, April 2009: AED 423,705 (AED 683 per sqft)Sold, September 2014: AED 423,705 (AED 683 per sqft)Sold, January 2015: AED 530,000 (AED 854 per sqft)

306 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 306, each contractTypical one-bed in Mazaya - Tala 2 (Queue Point - R098)
40K2014201820222026Typical rent by year: 2014 AED 48,000; 2015 AED 49,500; 2016 AED 48,000; 2017 AED 48,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 27,500; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 35,100; 2024 AED 38,962; 2025 AED 44,501; 2026 AED 45,000New contract, February 2015: AED 48,000 a yearRenewal, February 2016: AED 48,000 a yearRenewal, February 2017: AED 48,000 a yearNew contract, February 2018: AED 40,000 a yearRenewal, February 2019: AED 38,000 a yearNew contract, February 2020: AED 30,000 a yearNew contract, October 2020: AED 25,000 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 - Tala 2 (Queue Point - R098), and where 306 sits

All 37 1-beds →

306 last sold in January 2015 at AED 854 per sqft, 22% above what one-beds in Mazaya - Tala 2 (Queue Point - R098) were fetching at the time (AED 701). Over the last 12 months one-beds sold for AED 400,000 to 750,000, around AED 689 per sqft, and rent for AED 37,800 to 57,750 a year. 306's AED 25,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 2026400,000
19 Oct 2026478,000
13 Jul 2026750,000
19 May 2026490,000
5 1-bed sales in the last 12 months

Mazaya - Tala 2 (Queue Point - R098)

Building

55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.

Typical price per sqft
AED 697
Typical sale
AED 755K
Typical rent
AED 52K /yr
Typical yield
9.4%
Mazaya - Tala 2 (Queue Point - R098), Liwan: prices, sales and rents →
Value
3011-bedAED 470K · Apr 2022
3021-bedAED 750K · Jul 2026
3031-bedAED 478K · Oct 2026
3041-bedAED 586K · Dec 2014
3052-bedAED 490K · Dec 2022
3071-bedAED 432K · Dec 2014
3082-bedAED 450K · Jul 2022
1–7 of 11

306, Mazaya - Tala 2 (Queue Point - R098) in numbers

  • Sold 3 times: first on 14 April 2009 for AED 423,705, last on 15 January 2015 for AED 530,000 (AED 854 per sqft).
  • Rented since February 2015 on 7 Ejari contracts, from AED 48,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2015 price is 4.7%, before a service charge of about AED 7,400 a year (AED 11.98 per sqft).
  • One-beds in Mazaya - Tala 2 (Queue Point - R098) sold for AED 400,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 697 per sqft.

Source: Dubai Land Department. Updated 2 October 2020.

Questions about 306, Mazaya - Tala 2 (Queue Point - R098)

What did unit 306 last sell for?

AED 530,000 on 15 January 2015: AED 854 per sqft for 620 sqft. The unit has 3 registered sales; the first was AED 423,705 in April 2009.

What is the rent for unit 306?

AED 25,000 a year on the contract signed on 2 October 2020. The previous contract, from February 2020, was AED 30,000; the unit has been rented since February 2015.

How big is unit 306?

620 sqft (57.6 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya - Tala 2 (Queue Point - R098) sold for AED 400,000 to 750,000 in the last 12 months, around AED 689 per sqft.

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Mortgage on 306, Mazaya - Tala 2 (Queue Point - R098)

Starts from the last sale price (AED 530K, 15 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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