1-bed · 612 sqftMazaya 17 (Queue Point - R053), Liwan · 3rd floor · completed 2015

301, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold 3 times, last in June 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 510K4 June 2024
Current rentAED 56K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Mazaya 17 (Queue Point - R053)

What is 301 worth today?

Last sold for AED 510,000 in 2024

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4 Jun 2024SoldReady
AED 510,000AED 832 per sqft
1 May 2024RentedNew contract
AED 56,000/yr12 months · AED 91 per sqft
2 Apr 2024SoldReady
AED 460,000AED 751 per sqft
1 Jul 2019RentedNew contract
AED 34,000/yr12 months · AED 55 per sqft
10 Jul 2017RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
25 May 2009Sold by developerOff-plan
AED 193,171AED 315 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
1-bed apartment
Size
612 sqft
Floor
3rd of 6
Parking
G-50
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 6,500 /yr
Last sold
AED 510K · June 2024

About 301, Mazaya 17 (Queue Point - R053)

301 is a one-bedroom apartment of 612 sqft on the 3rd 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 June 2024 for AED 510,000, or AED 832 per sqft, 29% above the AED 645 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 May 2024, is AED 56,000 a year: a gross yield of 11.0% on the 2024 price, before the service charge of about AED 6,500 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, May 2009: AED 193,171 (AED 315 per sqft)Sold, April 2024: AED 460,000 (AED 751 per sqft)Sold, June 2024: AED 510,000 (AED 832 per sqft)

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

Rents
Unit 301, each contractTypical one-bed in Mazaya 17 (Queue Point - R053)
40K60K2016201920222025Typical 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, July 2017: AED 45,000 a yearNew contract, July 2019: AED 34,000 a yearNew contract, May 2024: AED 56,000 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 301 sits

All 41 1-beds →

301 last sold in June 2024 at AED 832 per sqft, 29% above what one-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 645). 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. 301's AED 56,000 is in the upper half 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
3022-bedAED 500K · Nov 2022
3032-bedAED 786K · Sep 2017
3041-bedAED 194K · May 2009
3051-bedAED 550K · Jul 2025
3061-bedAED 503K · Oct 2014
3071-bedAED 488K · May 2017
3082-bedAED 370K · Feb 2018
1–7 of 11

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

  • Sold 3 times: first on 25 May 2009 for AED 193,171, last on 4 June 2024 for AED 510,000 (AED 832 per sqft).
  • Rented since July 2017 on 3 Ejari contracts. The rent fell from AED 45,000 to AED 34,000 in 2019 and recovered to AED 56,000 by May 2024.
  • At AED 56,000 a year the gross yield on the 2024 price is 11.0%, before a service charge of about AED 6,500 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 4 June 2024.

Questions about 301, Mazaya 17 (Queue Point - R053)

What did unit 301 last sell for?

AED 510,000 on 4 June 2024: AED 832 per sqft for 612 sqft. The unit has 3 registered sales; the first was AED 193,171 in May 2009.

What is the rent for unit 301?

AED 56,000 a year on the contract signed on 1 May 2024. The previous contract, from July 2019, was AED 34,000; the unit has been rented since July 2017.

How big is unit 301?

612 sqft (56.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2015.

What is unit 301 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 301, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 510K, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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