2-bed · 1,301 sqftMazaya 17 (Queue Point - R053), Liwan · 1st floor · completed 2015

111, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold twice, last in July 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 17 July 2023
Last soldAED 710K4 July 2023
Current rentAED 62K /yr17 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Mazaya 17 (Queue Point - R053)

What is 111 worth today?

Last sold for AED 710,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Jul 2023RentedNew contract
AED 62,000/yr12 months · AED 48 per sqft
4 Jul 2023SoldReady
AED 710,000AED 545 per sqft
17 Dec 2018RentedRenewal
AED 60,000/yr14 months · AED 46 per sqft
17 Dec 2017RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
24 Apr 2016Sold by developerOff-plan
AED 888,738AED 683 per sqft

Source: Dubai Land Department. Updated 17 July 2023.

Key facts

Type
2-bed apartment
Size
1,301 sqft
Floor
1st of 6
Parking
G-06
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 13,900 /yr
Last sold
AED 710K · July 2023

About 111, Mazaya 17 (Queue Point - R053)

111 is a two-bedroom apartment of 1,301 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 4 July 2023 for AED 710,000, or AED 545 per sqft, 11% above the AED 492 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 17 July 2023, is AED 62,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 13,900 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical two-bed in Mazaya 17 (Queue Point - R053)
600K800K2015201820212024Typical 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, April 2016: AED 888,738 (AED 683 per sqft)Sold, July 2023: AED 710,000 (AED 545 per sqft)

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

Rents
Unit 111, each contractTypical two-bed in Mazaya 17 (Queue Point - R053)
40K60K80K2017202020232026Typical 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, December 2017: AED 75,000 a yearRenewal, December 2018: AED 60,000 a yearNew contract, July 2023: AED 62,000 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 111 sits

All 21 2-beds →

111 last sold in July 2023 at AED 545 per sqft, 11% above what two-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 492). 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. 111's AED 62,000 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
1032-bedAED 270K · Nov 2021
1041-bedAED 666K · Jun 2015
1051-bedAED 400K · Feb 2023
1061-bedAED 425K · Jan 2023
1071-bedAED 665K · Sep 2017
1–7 of 12

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

  • Sold twice: first on 24 April 2016 for AED 888,738, last on 4 July 2023 for AED 710,000 (AED 545 per sqft).
  • Rented since December 2017 on 3 Ejari contracts, from AED 75,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 13,900 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 17 July 2023.

Questions about 111, Mazaya 17 (Queue Point - R053)

What did unit 111 last sell for?

AED 710,000 on 4 July 2023: AED 545 per sqft for 1,301 sqft. The unit has 2 registered sales; the first was AED 888,738 in April 2016.

What is the rent for unit 111?

AED 62,000 a year on the contract signed on 17 July 2023. The previous contract, from December 2018, was AED 60,000; the unit has been rented since December 2017.

How big is unit 111?

1,301 sqft (120.9 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2015.

What is unit 111 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.

Selling 111? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 111, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 710K, 4 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

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