
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.
Property timeline for 308, Mazaya 17 (Queue Point - R053)
What is 308 worth today?
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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
- Building
- Mazaya 17 (Queue Point - R053)
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
308 has sold once; the dashed line is the two-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Nov 202525 November 2025 | 1,206 sqft | 1,100,000 | 912 | ||
| 30 Jul 202530 July 2025 | 1,011 sqft | 780,000 | 771 | ||
| 23 Feb 202423 February 2024 | 1,586 sqft | 890,000 | 561 | ||
| 30 Aug 202330 August 2023 | 1,011 sqft | 575,000 | 568 |
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 | |
| 307 | 1-bed | 671 sqft | AED 488KAED 488,000 · May 2017May 2017 | 47,000 /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 |
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.
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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 →