1-bed · 619 sqftMazaya - Tala 2 (Queue Point - R098), Liwan · 4th floor · completed 2014

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

Sold prices and rental history: sold twice, last in November 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 15 February 2018
Last soldAED 450K21 November 2017
Current rentAED 42K /yr15 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Mazaya - Tala 2 (Queue Point - R098)

What is 408 worth today?

Last sold for AED 450,000 in 2017

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15 Feb 2018RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
21 Nov 2017SoldReady
AED 450,000AED 727 per sqft
5 Feb 2017RentedRenewal
AED 48,000/yr12 months · AED 78 per sqft
5 Feb 2016RentedNew contract
AED 48,000/yr12 months · AED 78 per sqft
5 Feb 2015RentedNew contract
AED 48,000/yr12 months · AED 78 per sqft
8 Apr 2009Sold by developerOff-plan
AED 460,839AED 744 per sqft

Source: Dubai Land Department. Updated 15 February 2018.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
4th of 6
Parking
G-15
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,400 /yr
Last sold
AED 450K · November 2017

About 408, Mazaya - Tala 2 (Queue Point - R098)

408 is a one-bedroom apartment of 619 sqft on the 4th 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 21 November 2017 for AED 450,000, or AED 727 per sqft.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 15 February 2018, is AED 42,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 7,400 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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 460,839 (AED 744 per sqft)Sold, November 2017: AED 450,000 (AED 727 per sqft)

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

Rents
Unit 408, 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 yearNew contract, February 2016: AED 48,000 a yearRenewal, February 2017: AED 48,000 a yearNew contract, February 2018: AED 42,000 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 408 sits

All 37 1-beds →

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. 408's AED 42,000 is in the lower half 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
4011-bedAED 437K · Jan 2020
4023-bedAED 830K · Jan 2023
4032-bedAED 1.18M · Apr 2009
4042-bedAED 620K · Jan 2022
4051-bedAED 422K · Apr 2009
4062-bedAED 850K · Dec 2025
4071-bedAED 390K · Aug 2023
1–7 of 8

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

  • Sold twice: first on 8 April 2009 for AED 460,839, last on 21 November 2017 for AED 450,000 (AED 727 per sqft).
  • Rented since February 2015 on 4 Ejari contracts, from AED 48,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2017 price is 9.3%, 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 15 February 2018.

Questions about 408, Mazaya - Tala 2 (Queue Point - R098)

What did unit 408 last sell for?

AED 450,000 on 21 November 2017: AED 727 per sqft for 619 sqft. The unit has 2 registered sales; the first was AED 460,839 in April 2009.

What is the rent for unit 408?

AED 42,000 a year on the contract signed on 15 February 2018. The previous contract, from February 2017, was AED 48,000; the unit has been rented since February 2015.

How big is unit 408?

619 sqft (57.5 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 408 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 408, Mazaya - Tala 2 (Queue Point - R098)

Starts from the last sale price (AED 450K, 21 November 2017). 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 →