2-bed · 930 sqftMazaya 17 (Queue Point - R053), Liwan · 3rd floor · completed 2015

308, Mazaya 17 (Queue Point - R053)

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

Unit 308 · DLD and Ejari recordsUpdated 8 August 2022
Last soldAED 370K27 February 2018
Current rentAED 45K /yr8 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya 17 (Queue Point - R053)

What is 308 worth today?

Last sold for AED 370,087 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Aug 2022RentedNew contract
AED 45,000/yr12 months · AED 49 per sqft
7 Apr 2018RentedNew contract
AED 53,000/yr12 months · AED 57 per sqft
27 Feb 2018Sold by developerReady
AED 370,087AED 397 per sqft

Source: Dubai Land Department. Updated 8 August 2022.

Key facts

Type
2-bed apartment
Size
930 sqft
Floor
3rd of 6
Parking
G-63 0
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 9,900 /yr
Last sold
AED 370K · February 2018

About 308, Mazaya 17 (Queue Point - R053)

308 is a two-bedroom apartment of 930 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 27 February 2018 for AED 370,087, or AED 397 per sqft, 46% below the AED 739 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 8 August 2022, is AED 45,000 a year: a gross yield of 12.2% on the 2018 price, before the service charge of about AED 9,900 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Mazaya 17 (Queue Point - R053)
500K750K2015201820212024Typical 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, February 2018: AED 370,087 (AED 397 per sqft)

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

Rents
Unit 308, 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, April 2018: AED 53,000 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 308 sits

All 21 2-beds →

308 last sold in February 2018 at AED 397 per sqft, 46% below what two-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 739). 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. 308'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
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
1–7 of 11

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

  • Sold once: by Al Mazaya Real Estate on 27 February 2018 for AED 370,087, or AED 397 per sqft.
  • Rented since April 2018 on 2 Ejari contracts, from AED 53,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2018 price is 12.2%, before a service charge of about AED 9,900 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 8 August 2022.

Questions about 308, Mazaya 17 (Queue Point - R053)

What did unit 308 last sell for?

AED 370,087 on 27 February 2018, sold by the developer: AED 397 per sqft for 930 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 45,000 a year on the contract signed on 8 August 2022. The previous contract, from April 2018, was AED 53,000.

How big is unit 308?

930 sqft (86.4 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2015.

What is unit 308 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.

Selling 308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 308, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 370K, 27 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 370,087
Deposit, UAE resident (20%)
AED 74,017
Deposit, non-resident (40%)
AED 148,035
Monthly over 25 years at 3.7%
AED 1,514

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