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

309, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 530K13 July 2023
Current rentAED 56K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mazaya 17 (Queue Point - R053)

What is 309 worth today?

Last sold for AED 530,000 in 2023

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1 Apr 2025RentedRenewal
AED 55,786/yr12 months · AED 60 per sqft
1 Apr 2024RentedNew contract
AED 53,130/yr12 months · AED 57 per sqft
13 Jul 2023SoldReady
AED 530,000AED 570 per sqft
1 Apr 2023RentedRenewal
AED 50,600/yr12 months · AED 55 per sqft
1 Apr 2022RentedRenewal
AED 50,600/yr12 months · AED 55 per sqft
1 Apr 2021RentedRenewal
AED 46,000/yr12 months · AED 50 per sqft
1 Apr 2020RentedRenewal
AED 48,000/yr12 months · AED 52 per sqft
1 Apr 2019RentedRenewal
AED 52,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
930 sqft
Floor
3rd of 6
Parking
G-67
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 9,900 /yr
Last sold
AED 530K · July 2023

About 309, Mazaya 17 (Queue Point - R053)

309 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. It last sold on 13 July 2023 for AED 530,000, or AED 570 per sqft, 15% above the AED 496 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 55,786 a year: a gross yield of 10.5% on the 2023 price, before the service charge of about AED 9,900 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical two-bed in Mazaya 17 (Queue Point - R053)
600K800K2015201820212024Typical 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 739,999 (AED 796 per sqft)Sold, July 2023: AED 530,000 (AED 570 per sqft)

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

Rents
Unit 309, 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 66,500Renewal, April 2019: AED 52,000 a yearRenewal, April 2020: AED 48,000 a yearRenewal, April 2021: AED 46,000 a yearRenewal, April 2022: AED 50,600 a yearRenewal, April 2023: AED 50,600 a yearNew contract, April 2024: AED 53,130 a yearRenewal, April 2025: AED 55,786 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 309 sits

All 21 2-beds →

309 last sold in July 2023 at AED 570 per sqft, 15% above what two-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 496). 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. 309's AED 55,786 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

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

  • Sold twice: first on 5 February 2018 for AED 739,999, last on 13 July 2023 for AED 530,000 (AED 570 per sqft).
  • Rented since April 2019 on 7 Ejari contracts. The rent fell from AED 52,000 to AED 46,000 in 2021 and recovered to AED 55,786 by April 2025.
  • At AED 55,786 a year the gross yield on the 2023 price is 10.5%, 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 1 April 2025.

Questions about 309, Mazaya 17 (Queue Point - R053)

What did unit 309 last sell for?

AED 530,000 on 13 July 2023: AED 570 per sqft for 930 sqft. The unit has 2 registered sales; the first was AED 739,999 in February 2018.

What is the rent for unit 309?

AED 55,786 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 53,130; the unit has been rented since April 2019.

How big is unit 309?

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

What is unit 309 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 309, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 530K, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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