508, Mazaya - Tala 2 (Queue Point - R098)
Sold prices and rental history: sold once, by the developer in April 2009, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Mazaya - Tala 2 (Queue Point - R098)
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 February 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 616 sqft
- Floor
- 5th of 6
- Parking
- G-16
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 7,400 /yr
- Last sold
- AED 486K · April 2009
About 508, Mazaya - Tala 2 (Queue Point - R098)
508 is a one-bedroom apartment of 616 sqft on the 5th floor of Mazaya - Tala 2 (Queue Point - R098), a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 8 April 2009 for AED 486,153, or AED 789 per sqft, 15% above the AED 686 one-beds in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 February 2019, is AED 37,000 a year: a gross yield of 7.6% on the 2009 price, before the service charge of about AED 7,400 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 37 1-beds →508 last sold in April 2009 at AED 789 per sqft, 15% above what one-beds in Mazaya - Tala 2 (Queue Point - R098) were fetching at the time (AED 686). 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. 508's AED 37,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 580 sqft | 400,000 | 689 | ||
| 19 Oct 202619 October 2026 | 563 sqft | 478,000 | 848 | ||
| 13 Jul 202613 July 2026 | 1,065 sqft | 750,000 | 704 | ||
| 19 May 202619 May 2026 | 831 sqft | 490,000 | 589 |
Mazaya - Tala 2 (Queue Point - R098)
Building55 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%
Other units on the 5th floor
All 55 units in Mazaya - Tala 2 (Queue Point - R098)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 846 sqft | AED 583KAED 582,717 · Apr 2009April 2009 | 42,860 /yr | |
| 502 | 3-bed | 1,743 sqft | AED 808KAED 808,207 · Feb 2021February 2021 | 75,075 /yr | |
| 503 | 2-bed | 1,606 sqft | AED 1MAED 1,000,000 · Mar 2025March 2025 | 85,000 /yr | |
| 504 | 2-bed | 1,604 sqft | AED 1MAED 1,000,000 · May 2026May 2026 | 86,000 /yr | |
| 505 | 3-bed | 1,746 sqft | AED 1.1MAED 1,100,000 · Dec 2025December 2025 | 130,000 /yr | |
| 506 | 1-bed | 846 sqft | AED 370KAED 370,000 · Jan 2021January 2021 | 27,000 /yr | |
| 507 | 1-bed | 623 sqft | AED 486KAED 486,153 · Apr 2009April 2009 | 32,000 /yr |
508, Mazaya - Tala 2 (Queue Point - R098) in numbers
- Sold once: by Al Mazaya Real Estate on 8 April 2009 for AED 486,153, or AED 789 per sqft.
- Rented since January 2015 on 3 Ejari contracts, from AED 50,000 to AED 37,000 a year.
- At AED 37,000 a year the gross yield on the 2009 price is 7.6%, 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 1 February 2019.
Questions about 508, Mazaya - Tala 2 (Queue Point - R098)
What did unit 508 last sell for?
AED 486,153 on 8 April 2009, sold by the developer: AED 789 per sqft for 616 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 37,000 a year on the contract signed on 1 February 2019. The previous contract, from November 2017, was AED 43,000; the unit has been rented since January 2015.
How big is unit 508?
616 sqft (57.2 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 508 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 508, Mazaya - Tala 2 (Queue Point - R098)
Starts from the last sale price (AED 486K, 8 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 486,153
- Deposit, UAE resident (20%)
- AED 97,231
- Deposit, non-resident (40%)
- AED 194,461
- Monthly over 25 years at 3.7%
- AED 1,989
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →