2-bed · 1,070 sqftMazaya 17 (Queue Point - R053), Liwan · 1st floor · completed 2015

103, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 270K16 November 2021
Current rentAED 72K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Mazaya 17 (Queue Point - R053)

What is 103 worth today?

Last sold for AED 270,000 in 2021

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1 May 2024RentedNew contract
AED 72,000/yr12 months · AED 68 per sqft
16 Nov 2021SoldReady
AED 270,000AED 252 per sqft
14 Sep 2020SoldReady
AED 495,000AED 462 per sqft
5 Feb 2019RentedRenewal
AED 60,000/yr12 months · AED 56 per sqft
5 Feb 2018RentedRenewal
AED 70,000/yr12 months · AED 66 per sqft
5 Jan 2017RentedNew contract
AED 64,615/yr13 months · AED 61 per sqft
13 Jan 2015Sold by developerOff-plan
AED 775,000AED 724 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
1,070 sqft
Floor
1st of 6
Parking
G-26
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 11,400 /yr
Last sold
AED 270K · November 2021

About 103, Mazaya 17 (Queue Point - R053)

103 is a two-bedroom apartment of 1,070 sqft on the 1st floor of Mazaya 17 (Queue Point - R053), a 6-storey tower in Liwan completed in 2015 by Al Mazaya Real Estate. It last sold on 16 November 2021 for AED 270,000, or AED 252 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 May 2024, is AED 72,000 a year: a gross yield of 26.7% on the 2021 price, before the service charge of about AED 11,400 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Mazaya 17 (Queue Point - R053)
500K2015201820212024Typical sale price by year: 2015 AED 757,500; 2016 AED 737,056; 2017 AED 850,000; 2022 AED 499,500; 2023 AED 555,000Sold by developer, January 2015: AED 775,000 (AED 724 per sqft)Sold, September 2020: AED 495,000 (AED 462 per sqft)Sold, November 2021: AED 270,000 (AED 252 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Mazaya 17 (Queue Point - R053)
40K60K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 59,000; 2019 AED 50,000; 2020 AED 40,500; 2021 AED 39,000; 2022 AED 43,350; 2023 AED 47,000; 2024 AED 53,130; 2025 AED 60,000; 2026 AED 66,500New contract, January 2017: AED 64,615 a yearRenewal, February 2018: AED 70,000 a yearRenewal, February 2019: AED 60,000 a yearNew contract, May 2024: AED 72,000 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 17 (Queue Point - R053), and where 103 sits

All 21 2-beds →

Over the last 12 months two-beds sold for AED 1,100,000, around AED 912 per sqft, and rent for AED 57,000 to 100,000 a year. 103's AED 72,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Nov 20251,100,000
30 Jul 2025780,000
23 Feb 2024890,000
30 Aug 2023575,000
1 2-bed sale in the last 12 months

Mazaya 17 (Queue Point - R053)

Building

66 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2015 by Al Mazaya Real Estate. 2 sold in the last 12 months.

Typical price per sqft
AED 882
Typical sale
AED 838K
Typical rent
AED 52K /yr
Typical yield
7.3%
Mazaya 17 (Queue Point - R053), Liwan: prices, sales and rents →
Value
1011-bedAED 666K · Aug 2016
1022-bedAED 535K · Mar 2023
1041-bedAED 666K · Jun 2015
1051-bedAED 400K · Feb 2023
1061-bedAED 425K · Jan 2023
1071-bedAED 665K · Sep 2017
1083-bedAED 765K · Jun 2021
1–7 of 12

103, Mazaya 17 (Queue Point - R053) in numbers

  • Sold 3 times: first on 13 January 2015 for AED 775,000, last on 16 November 2021 for AED 270,000 (AED 252 per sqft).
  • Rented since January 2017 on 4 Ejari contracts, from AED 64,615 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2021 price is 26.7%, before a service charge of about AED 11,400 a year (AED 10.65 per sqft).
  • Two-beds in Mazaya 17 (Queue Point - R053) sold for AED 1,100,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 882 per sqft.

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 103, Mazaya 17 (Queue Point - R053)

What did unit 103 last sell for?

AED 270,000 on 16 November 2021: AED 252 per sqft for 1,070 sqft. The unit has 3 registered sales; the first was AED 775,000 in January 2015.

What is the rent for unit 103?

AED 72,000 a year on the contract signed on 1 May 2024. The previous contract, from February 2019, was AED 60,000; the unit has been rented since January 2017.

How big is unit 103?

1,070 sqft (99.4 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2015.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya 17 (Queue Point - R053) sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 912 per sqft.

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Mortgage on 103, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 270K, 16 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 270,000
Deposit, UAE resident (20%)
AED 54,000
Deposit, non-resident (40%)
AED 108,000
Monthly over 25 years at 3.7%
AED 1,105

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