307, Mazaya 17 (Queue Point - R053)
Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Mazaya 17 (Queue Point - R053)
What is 307 worth today?
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Source: Dubai Land Department. Updated 20 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 671 sqft
- Floor
- 3rd of 6
- Parking
- G-56
- Developer
- Al Mazaya Real Estate
- Completed
- 2015
- Service charge
- AED 7,200 /yr
- Last sold
- AED 488K · May 2017
- Building
- Mazaya 17 (Queue Point - R053)
About 307, Mazaya 17 (Queue Point - R053)
307 is a one-bedroom apartment of 671 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 21 May 2017 for AED 488,000, or AED 726 per sqft, in line with the AED 744 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 20 October 2024, is AED 47,000 a year: a gross yield of 9.6% on the 2017 price, before the service charge of about AED 7,200 a year.
Sales and rents for 307 over time
307 has sold once; the dashed line is the one-bed median of each year in the building.
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 307 sits
All 41 1-beds →307 last sold in May 2017 at AED 726 per sqft, in line with what one-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 744). 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. 307's AED 47,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202622 January 2026 | 675 sqft | 575,000 | 851 | ||
| 1 Jul 20251 July 2025 | 651 sqft | 550,000 | 845 | ||
| 16 Dec 202416 December 2024 | 651 sqft | 550,000 | 844 | ||
| 13 Sep 202413 September 2024 | 671 sqft | 525,000 | 781 |
Mazaya 17 (Queue Point - R053)
Building66 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%
Other units on the 3rd floor
All 66 units in Mazaya 17 (Queue Point - R053)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 612 sqft | AED 510KAED 510,000 · Jun 2024June 2024 | 56,000 /yr | |
| 302 | 2-bed | 1,014 sqft | AED 500KAED 499,500 · Nov 2022November 2022 | 45,000 /yr | |
| 303 | 2-bed | 1,014 sqft | AED 786KAED 785,675 · Sep 2017September 2017 | 70,000 /yr | |
| 304 | 1-bed | 613 sqft | AED 194KAED 193,752 · May 2009May 2009 | 34,650 /yr | |
| 305 | 1-bed | 651 sqft | AED 550KAED 550,000 · Jul 2025July 2025 | 35,000 /yr | |
| 306 | 1-bed | 683 sqft | AED 503KAED 503,475 · Oct 2014October 2014 | 27,500 /yr | |
| 308 | 2-bed | 930 sqft | AED 370KAED 370,087 · Feb 2018February 2018 | 45,000 /yr | |
| 309 | 2-bed | 930 sqft | AED 530KAED 530,000 · Jul 2023July 2023 | 55,786 /yr | |
| 310 | 1-bed | 660 sqft | AED 550KAED 549,721 · Jun 2017June 2017 | 44,000 /yr | |
| 311 | 1-bed | 675 sqft | AED 575KAED 575,000 · Jan 2026January 2026 | 50,000 /yr | |
| 312 | 1-bed | 635 sqft | AED 199KAED 198,660 · May 2009May 2009 | 18,000 /yr |
307, Mazaya 17 (Queue Point - R053) in numbers
- Sold once: by Al Mazaya Real Estate on 21 May 2017 for AED 488,000, or AED 726 per sqft.
- Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 26,000 in 2021 and recovered to AED 47,000 by October 2024.
- At AED 47,000 a year the gross yield on the 2017 price is 9.6%, before a service charge of about AED 7,200 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 20 October 2024.
Questions about 307, Mazaya 17 (Queue Point - R053)
What did unit 307 last sell for?
AED 488,000 on 21 May 2017, sold by the developer: AED 726 per sqft for 671 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 47,000 a year on the contract signed on 20 October 2024. The previous contract, from November 2023, was AED 31,050; the unit has been rented since January 2017.
How big is unit 307?
671 sqft (62.3 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2015.
What is unit 307 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 307, Mazaya 17 (Queue Point - R053)
Starts from the last sale price (AED 488K, 21 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 488,000
- Deposit, UAE resident (20%)
- AED 97,600
- Deposit, non-resident (40%)
- AED 195,200
- Monthly over 25 years at 3.7%
- AED 1,997
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →