2-bed · 1,086 sqftMazaya - Tala 2 (Queue Point - R098), Liwan · 3rd floor · completed 2014

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

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 20 July 2022
Last soldAED 450K20 July 2022
Current rentAED 35K /yr10 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya - Tala 2 (Queue Point - R098)

What is 308 worth today?

Last sold for AED 450,000 in 2022

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20 Jul 2022SoldReady
AED 450,000AED 414 per sqft
10 Oct 2021RentedNew contract
AED 35,000/yr12 months · AED 32 per sqft
15 Jul 2020RentedRenewal
AED 65,000/yr12 months · AED 60 per sqft
15 Jul 2019RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft
4 May 2017RentedRenewal
AED 65,181/yr12 months · AED 60 per sqft
4 May 2016RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft
1 Oct 2015RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft
15 Sep 2015Sold by developerReady
AED 387,999AED 357 per sqft

Source: Dubai Land Department. Updated 20 July 2022.

Key facts

Type
2-bed apartment
Size
1,086 sqft
Floor
3rd of 6
Parking
G-43
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 13,000 /yr
Last sold
AED 450K · July 2022

About 308, Mazaya - Tala 2 (Queue Point - R098)

308 is a two-bedroom apartment of 1,086 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 20 July 2022 for AED 450,000, or AED 414 per sqft, in line with the AED 414 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 10 October 2021, is AED 35,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 13,000 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Mazaya - Tala 2 (Queue Point - R098)
500K750K2009201420192024Typical sale price by year: 2009 AED 758,625; 2014 AED 382,208; 2015 AED 389,737; 2022 AED 490,000; 2025 AED 850,000Sold by developer, September 2015: AED 387,999 (AED 357 per sqft)Sold, July 2022: AED 450,000 (AED 414 per sqft)

308 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 308, each contractTypical two-bed in Mazaya - Tala 2 (Queue Point - R098)
40K60K80K2014201820222026Typical rent by year: 2014 AED 70,000; 2015 AED 70,000; 2016 AED 76,409; 2017 AED 65,000; 2018 AED 59,000; 2019 AED 52,693; 2020 AED 40,000; 2021 AED 35,000; 2022 AED 40,000; 2023 AED 48,500; 2024 AED 57,574; 2025 AED 78,000; 2026 AED 68,600New contract, October 2015: AED 70,000 a yearNew contract, May 2016: AED 65,000 a yearRenewal, May 2017: AED 65,181 a yearNew contract, July 2019: AED 65,000 a yearRenewal, July 2020: AED 65,000 a yearNew contract, October 2021: AED 35,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya - Tala 2 (Queue Point - R098), and where 308 sits

All 15 2-beds →

308 last sold in July 2022 at AED 414 per sqft, in line with what two-beds in Mazaya - Tala 2 (Queue Point - R098) were fetching at the time (AED 414). Over the last 12 months two-beds sold for AED 760,000 to 1,000,000, around AED 760 per sqft, and rent for AED 65,000 to 187,200 a year. 308's AED 35,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 May 20261,000,000
17 Apr 2026890,000
15 Dec 2025850,000
24 Nov 2025760,000
4 2-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
3061-bedAED 530K · Jan 2015
3071-bedAED 432K · Dec 2014
1–7 of 11

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

  • Sold twice: first on 15 September 2015 for AED 387,999, last on 20 July 2022 for AED 450,000 (AED 414 per sqft).
  • Rented since October 2015 on 6 Ejari contracts, from AED 70,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 13,000 a year (AED 11.98 per sqft).
  • Two-beds in Mazaya - Tala 2 (Queue Point - R098) sold for AED 760,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 697 per sqft.

Source: Dubai Land Department. Updated 20 July 2022.

Questions about 308, Mazaya - Tala 2 (Queue Point - R098)

What did unit 308 last sell for?

AED 450,000 on 20 July 2022: AED 414 per sqft for 1,086 sqft. The unit has 2 registered sales; the first was AED 387,999 in September 2015.

What is the rent for unit 308?

AED 35,000 a year on the contract signed on 10 October 2021. The previous contract, from July 2020, was AED 65,000; the unit has been rented since October 2015.

How big is unit 308?

1,086 sqft (100.9 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya - Tala 2 (Queue Point - R098) sold for AED 760,000 to 1,000,000 in the last 12 months, around AED 760 per sqft.

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Mortgage on 308, Mazaya - Tala 2 (Queue Point - R098)

Starts from the last sale price (AED 450K, 20 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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