2-bed · 1,014 sqftMazaya 17 (Queue Point - R053), Liwan · 3rd floor · completed 2015

302, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 24 November 2022
Last soldAED 500K24 November 2022
Current rentAED 45K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Mazaya 17 (Queue Point - R053)

What is 302 worth today?

Last sold for AED 499,500 in 2022

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24 Nov 2022SoldReady
AED 499,500AED 492 per sqft
15 Aug 2022RentedNew contract
AED 45,000/yr12 months · AED 44 per sqft
15 Mar 2021RentedRenewal
AED 40,000/yr12 months · AED 40 per sqft
15 Mar 2020RentedNew contract
AED 45,000/yr12 months · AED 44 per sqft
15 Mar 2018RentedNew contract
AED 58,000/yr12 months · AED 57 per sqft
8 Nov 2015Sold by developerOff-plan
AED 739,000AED 728 per sqft

Source: Dubai Land Department. Updated 24 November 2022.

Key facts

Type
2-bed apartment
Size
1,014 sqft
Floor
3rd of 6
Parking
G-20
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 10,800 /yr
Last sold
AED 500K · November 2022

About 302, Mazaya 17 (Queue Point - R053)

302 is a two-bedroom apartment of 1,014 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 24 November 2022 for AED 499,500, or AED 492 per sqft, in line with the AED 483 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 August 2022, is AED 45,000 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 10,800 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, November 2015: AED 739,000 (AED 728 per sqft)Sold, November 2022: AED 499,500 (AED 492 per sqft)

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

Rents
Unit 302, 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, March 2018: AED 58,000 a yearNew contract, March 2020: AED 45,000 a yearRenewal, March 2021: AED 40,000 a yearNew contract, August 2022: AED 45,000 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 302 sits

All 21 2-beds →

302 last sold in November 2022 at AED 492 per sqft, in line with what two-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 483). 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. 302's AED 45,000 is at the bottom 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
3011-bedAED 510K · Jun 2024
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

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

  • Sold twice: first on 8 November 2015 for AED 739,000, last on 24 November 2022 for AED 499,500 (AED 492 per sqft).
  • Rented since March 2018 on 4 Ejari contracts. The rent fell from AED 58,000 to AED 40,000 in 2021 and recovered to AED 45,000 by August 2022.
  • At AED 45,000 a year the gross yield on the 2022 price is 9.0%, before a service charge of about AED 10,800 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 24 November 2022.

Questions about 302, Mazaya 17 (Queue Point - R053)

What did unit 302 last sell for?

AED 499,500 on 24 November 2022: AED 492 per sqft for 1,014 sqft. The unit has 2 registered sales; the first was AED 739,000 in November 2015.

What is the rent for unit 302?

AED 45,000 a year on the contract signed on 15 August 2022. The previous contract, from March 2021, was AED 40,000; the unit has been rented since March 2018.

How big is unit 302?

1,014 sqft (94.2 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2015.

What is unit 302 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 302, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 500K, 24 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 499,500
Deposit, UAE resident (20%)
AED 99,900
Deposit, non-resident (40%)
AED 199,800
Monthly over 25 years at 3.7%
AED 2,044

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