1-bed · 1,054 sqftMazaya 17 (Queue Point - R053), Liwan · 1st floor · completed 2015

112, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold once, by the developer in February 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 27 May 2023
Last soldAED 400K23 February 2023
Current rentAED 36K /yr27 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Mazaya 17 (Queue Point - R053)

What is 112 worth today?

Last sold for AED 400,000 in 2023

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27 May 2023RentedNew contract
AED 36,000/yr8 months · AED 34 per sqft
23 Feb 2023Sold by developerReady
AED 400,000AED 379 per sqft
27 May 2022RentedNew contract
AED 33,000/yr12 months · AED 31 per sqft
7 May 2021RentedRenewal
AED 31,000/yr12 months · AED 29 per sqft
7 May 2020RentedNew contract
AED 33,000/yr12 months · AED 31 per sqft

Source: Dubai Land Department. Updated 27 May 2023.

Key facts

Type
1-bed apartment
Size
1,054 sqft
Floor
1st of 6
Parking
G-09
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 11,200 /yr
Last sold
AED 400K · February 2023

About 112, Mazaya 17 (Queue Point - R053)

112 is a one-bedroom apartment of 1,054 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. The developer sold it on 23 February 2023 for AED 400,000, or AED 379 per sqft, 22% above the AED 310 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 27 May 2023, is AED 36,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 11,200 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical one-bed in Mazaya 17 (Queue Point - R053)
200K400K600K20092013201720212025Typical sale price by year: 2009 AED 193,752; 2014 AED 505,000; 2015 AED 520,000; 2016 AED 526,500; 2017 AED 607,444; 2022 AED 317,348; 2023 AED 390,000; 2024 AED 500,000Sold by developer, February 2023: AED 400,000 (AED 379 per sqft)

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

Rents
Unit 112, each contractTypical one-bed in Mazaya 17 (Queue Point - R053)
30K40K50K2016201920222025Typical rent by year: 2016 AED 45,000; 2017 AED 46,000; 2018 AED 44,263; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 41,000; 2025 AED 50,000; 2026 AED 49,000New contract, May 2020: AED 33,000 a yearRenewal, May 2021: AED 31,000 a yearNew contract, May 2022: AED 33,000 a yearNew contract, May 2023: AED 36,000 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 17 (Queue Point - R053), and where 112 sits

All 41 1-beds →

112 last sold in February 2023 at AED 379 per sqft, 22% above what one-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 310). Over the last 12 months one-beds sold for AED 575,000, around AED 851 per sqft, and rent for AED 38,850 to 63,000 a year. 112's AED 36,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 2026575,000
1 Jul 2025550,000
16 Dec 2024550,000
13 Sep 2024525,000
1 1-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

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

  • Sold once: by Al Mazaya Real Estate on 23 February 2023 for AED 400,000, or AED 379 per sqft.
  • Rented since May 2020 on 4 Ejari contracts, from AED 33,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2023 price is 9.0%, before a service charge of about AED 11,200 a year (AED 10.65 per sqft).
  • One-beds in Mazaya 17 (Queue Point - R053) sold for AED 575,000–575,000 in the 12 months to November 2026; the building's median across all types is AED 882 per sqft.

Source: Dubai Land Department. Updated 27 May 2023.

Questions about 112, Mazaya 17 (Queue Point - R053)

What did unit 112 last sell for?

AED 400,000 on 23 February 2023, sold by the developer: AED 379 per sqft for 1,054 sqft. It is the only registered sale of the unit.

What is the rent for unit 112?

AED 36,000 a year on the contract signed on 27 May 2023. The previous contract, from May 2022, was AED 33,000; the unit has been rented since May 2020.

How big is unit 112?

1,054 sqft (97.9 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2015.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 17 (Queue Point - R053) sold for AED 575,000 to 575,000 in the last 12 months, around AED 851 per sqft.

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Mortgage on 112, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 400K, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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