1-bed · 613 sqftMazaya 17 (Queue Point - R053), Liwan · 3rd floor · completed 2015

304, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 194K25 May 2009
Current rentAED 35K /yr10 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Mazaya 17 (Queue Point - R053)

What is 304 worth today?

Last sold for AED 193,752 in 2009

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10 Oct 2023RentedRenewal
AED 34,650/yr12 months · AED 57 per sqft
10 Oct 2022RentedNew contract
AED 33,000/yr12 months · AED 54 per sqft
1 Jun 2021RentedRenewal
AED 28,000/yr12 months · AED 46 per sqft
1 Jun 2020RentedRenewal
AED 28,000/yr12 months · AED 46 per sqft
1 Jun 2019RentedRenewal
AED 37,000/yr12 months · AED 60 per sqft
1 Jun 2018RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
25 May 2009Sold by developerOff-plan
AED 193,752AED 315 per sqft

Source: Dubai Land Department. Updated 10 October 2023.

Key facts

Type
1-bed apartment
Size
613 sqft
Floor
3rd of 6
Parking
G-46
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 6,500 /yr
Last sold
AED 194K · May 2009

About 304, Mazaya 17 (Queue Point - R053)

304 is a one-bedroom apartment of 613 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. The developer sold it on 25 May 2009 for AED 193,752, or AED 315 per sqft, in line with the AED 312 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 10 October 2023, is AED 34,650 a year: a gross yield of 17.9% on the 2009 price, before the service charge of about AED 6,500 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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 193,752 (AED 315 per sqft)

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

Rents
Unit 304, 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, June 2018: AED 45,000 a yearRenewal, June 2019: AED 37,000 a yearRenewal, June 2020: AED 28,000 a yearRenewal, June 2021: AED 28,000 a yearNew contract, October 2022: AED 33,000 a yearRenewal, October 2023: AED 34,650 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 304 sits

All 41 1-beds →

304 last sold in May 2009 at AED 315 per sqft, in line with what one-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 312). 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. 304's AED 34,650 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
3011-bedAED 510K · Jun 2024
3022-bedAED 500K · Nov 2022
3032-bedAED 786K · Sep 2017
3051-bedAED 550K · Jul 2025
3061-bedAED 503K · Oct 2014
3071-bedAED 488K · May 2017
3082-bedAED 370K · Feb 2018
1–7 of 11

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

  • Sold once: by Al Mazaya Real Estate on 25 May 2009 for AED 193,752, or AED 315 per sqft.
  • Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 28,000 in 2021 and recovered to AED 34,650 by October 2023.
  • At AED 34,650 a year the gross yield on the 2009 price is 17.9%, 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 10 October 2023.

Questions about 304, Mazaya 17 (Queue Point - R053)

What did unit 304 last sell for?

AED 193,752 on 25 May 2009, sold by the developer: AED 315 per sqft for 613 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 34,650 a year on the contract renewed on 10 October 2023. The previous contract, from October 2022, was AED 33,000; the unit has been rented since June 2018.

How big is unit 304?

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

What is unit 304 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 304, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 194K, 25 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 193,752
Deposit, UAE resident (20%)
AED 38,750
Deposit, non-resident (40%)
AED 77,501
Monthly over 25 years at 3.7%
AED 793

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