1-bed · 683 sqftMazaya 17 (Queue Point - R053), Liwan · 3rd floor · completed 2015

306, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 February 2022
Last soldAED 503K2 October 2014
Current rentAED 28K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Mazaya 17 (Queue Point - R053)

What is 306 worth today?

Last sold for AED 503,475 in 2014

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1 Feb 2022RentedNew contract
AED 27,500/yr12 months · AED 41 per sqft
25 Jan 2021RentedRenewal
AED 25,000/yr12 months · AED 37 per sqft
25 Jan 2020RentedNew contract
AED 28,000/yr12 months · AED 41 per sqft
10 Dec 2018RentedRenewal
AED 40,000/yr12 months · AED 59 per sqft
10 Dec 2016RentedNew contract
AED 45,000/yr12 months · AED 66 per sqft
2 Oct 2014SoldOff-plan
AED 503,475AED 737 per sqft
30 Apr 2009Sold by developerOff-plan
AED 503,475AED 737 per sqft

Source: Dubai Land Department. Updated 1 February 2022.

Key facts

Type
1-bed apartment
Size
683 sqft
Floor
3rd of 6
Parking
G-39
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 7,300 /yr
Last sold
AED 503K · October 2014

About 306, Mazaya 17 (Queue Point - R053)

306 is a one-bedroom apartment of 683 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 2 October 2014 for AED 503,475, or AED 737 per sqft, in line with the AED 752 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 February 2022, is AED 27,500 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 7,300 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, April 2009: AED 503,475 (AED 737 per sqft)Sold, October 2014: AED 503,475 (AED 737 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Mazaya 17 (Queue Point - R053)
40K2016201920222025Typical 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, December 2016: AED 45,000 a yearRenewal, December 2018: AED 40,000 a yearNew contract, January 2020: AED 28,000 a yearRenewal, January 2021: AED 25,000 a yearNew contract, February 2022: AED 27,500 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 306 sits

All 41 1-beds →

306 last sold in October 2014 at AED 737 per sqft, in line with what one-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 752). 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. 306's AED 27,500 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
3041-bedAED 194K · May 2009
3051-bedAED 550K · Jul 2025
3071-bedAED 488K · May 2017
3082-bedAED 370K · Feb 2018
1–7 of 11

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

  • Sold twice: first on 30 April 2009 for AED 503,475, last on 2 October 2014 for AED 503,475 (AED 737 per sqft).
  • Rented since December 2016 on 5 Ejari contracts, from AED 45,000 to AED 27,500 a year.
  • At AED 27,500 a year the gross yield on the 2014 price is 5.5%, before a service charge of about AED 7,300 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 1 February 2022.

Questions about 306, Mazaya 17 (Queue Point - R053)

What did unit 306 last sell for?

AED 503,475 on 2 October 2014: AED 737 per sqft for 683 sqft. The unit has 2 registered sales; the first was AED 503,475 in April 2009.

What is the rent for unit 306?

AED 27,500 a year on the contract signed on 1 February 2022. The previous contract, from January 2021, was AED 25,000; the unit has been rented since December 2016.

How big is unit 306?

683 sqft (63.5 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2015.

What is unit 306 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 306, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 503K, 2 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 503,475
Deposit, UAE resident (20%)
AED 100,695
Deposit, non-resident (40%)
AED 201,390
Monthly over 25 years at 3.7%
AED 2,060

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