312, Mazaya 17 (Queue Point - R053)
Sold prices and rental history: sold once, by the developer in May 2009, 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 312, Mazaya 17 (Queue Point - R053)
What is 312 worth today?
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Source: Dubai Land Department. Updated 1 February 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 635 sqft
- Floor
- 3rd of 6
- Parking
- G-45
- Developer
- Al Mazaya Real Estate
- Completed
- 2015
- Service charge
- AED 6,800 /yr
- Last sold
- AED 199K · May 2009
- Building
- Mazaya 17 (Queue Point - R053)
About 312, Mazaya 17 (Queue Point - R053)
312 is a one-bedroom apartment of 635 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 25 May 2009 for AED 198,660, or AED 312 per sqft, in line with the AED 312 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 18,000 a year: a gross yield of 9.1% on the 2009 price, before the service charge of about AED 6,800 a year.
Sales and rents for 312 over time
312 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 312 sits
All 41 1-beds →312 last sold in May 2009 at AED 312 per sqft, in line with what one-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 312). 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. 312's AED 18,000 is at the bottom 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 | |
| 307 | 1-bed | 671 sqft | AED 488KAED 488,000 · May 2017May 2017 | 47,000 /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, Mazaya 17 (Queue Point - R053) in numbers
- Sold once: by Al Mazaya Real Estate on 25 May 2009 for AED 198,660, or AED 312 per sqft.
- Rented since August 2017 on 4 Ejari contracts, from AED 35,668 to AED 18,000 a year.
- At AED 18,000 a year the gross yield on the 2009 price is 9.1%, before a service charge of about AED 6,800 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 312, Mazaya 17 (Queue Point - R053)
What did unit 312 last sell for?
AED 198,660 on 25 May 2009, sold by the developer: AED 312 per sqft for 635 sqft. It is the only registered sale of the unit.
What is the rent for unit 312?
AED 18,000 a year on the contract renewed on 1 February 2022. The previous contract, from February 2021, was AED 18,000; the unit has been rented since August 2017.
How big is unit 312?
635 sqft (59.0 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2015.
What is unit 312 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 312, Mazaya 17 (Queue Point - R053)
Starts from the last sale price (AED 199K, 25 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 198,660
- Deposit, UAE resident (20%)
- AED 39,732
- Deposit, non-resident (40%)
- AED 79,464
- Monthly over 25 years at 3.7%
- AED 813
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →