1-bed · 613 sqftMazaya 17 (Queue Point - R053), Liwan · 4th floor · completed 2015

403, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 12 March 2025
Last soldAED 193K25 May 2009
Current rentAED 50K /yr12 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Mazaya 17 (Queue Point - R053)

What is 403 worth today?

Last sold for AED 193,171 in 2009

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12 Mar 2025RentedRenewal
AED 50,000/yr12 months · AED 82 per sqft
12 Mar 2025RentedRenewal
AED 50,000/yr12 months · AED 82 per sqft
1 May 2024RentedRenewal
AED 34,654/yr10 months · AED 57 per sqft
1 May 2023RentedRenewal
AED 33,000/yr12 months · AED 54 per sqft
1 May 2022RentedNew contract
AED 30,000/yr12 months · AED 49 per sqft
1 Feb 2019RentedNew contract
AED 35,000/yr12 months · AED 57 per sqft
25 May 2009Sold by developerOff-plan
AED 193,171AED 315 per sqft

Source: Dubai Land Department. Updated 12 March 2025.

Key facts

Type
1-bed apartment
Size
613 sqft
Floor
4th of 6
Parking
G-49
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 6,500 /yr
Last sold
AED 193K · May 2009

About 403, Mazaya 17 (Queue Point - R053)

403 is a one-bedroom apartment of 613 sqft on the 4th 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 193,171, or AED 315 per sqft, in line with the AED 312 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 12 March 2025, is AED 50,000 a year: a gross yield of 25.9% on the 2009 price, before the service charge of about AED 6,500 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Mazaya 17 (Queue Point - R053)
200K400K600K20092013201720212025Typical sale price by year: 2009 AED 193,752; 2014 AED 505,000; 2015 AED 520,000; 2016 AED 526,500; 2017 AED 607,444; 2022 AED 317,348; 2023 AED 390,000; 2024 AED 500,000Sold by developer, May 2009: AED 193,171 (AED 315 per sqft)

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

Rents
Unit 403, each contractTypical one-bed in Mazaya 17 (Queue Point - R053)
30K40K50K2016201920222025Typical rent by year: 2016 AED 45,000; 2017 AED 46,000; 2018 AED 44,263; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 41,000; 2025 AED 50,000; 2026 AED 49,000New contract, February 2019: AED 35,000 a yearNew contract, May 2022: AED 30,000 a yearRenewal, May 2023: AED 33,000 a yearRenewal, May 2024: AED 34,654 a yearRenewal, March 2025: AED 50,000 a yearRenewal, March 2025: AED 50,000 a year

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 403 sits

All 41 1-beds →

403 last sold in May 2009 at AED 315 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. 403's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 2026575,000
1 Jul 2025550,000
16 Dec 2024550,000
13 Sep 2024525,000
1 1-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
4013-bedAED 1.25M · Aug 2025
4022-bedAED 780K · Jul 2025
4041-bedAED 420K · Jan 2024
4061-bedAED 505K · May 2014
4072-bedAED 702K · Aug 2016
4082-bedAED 1.18M · Jan 2017
4091-bedAED 494K · Aug 2016
1–7 of 8

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

  • Sold once: by Al Mazaya Real Estate on 25 May 2009 for AED 193,171, or AED 315 per sqft.
  • Rented since February 2019 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 30,000 in 2022 and recovered to AED 50,000 by March 2025.
  • At AED 50,000 a year the gross yield on the 2009 price is 25.9%, before a service charge of about AED 6,500 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 12 March 2025.

Questions about 403, Mazaya 17 (Queue Point - R053)

What did unit 403 last sell for?

AED 193,171 on 25 May 2009, sold by the developer: AED 315 per sqft for 613 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 50,000 a year on the contract renewed on 12 March 2025. The previous contract, from March 2025, was AED 50,000; the unit has been rented since February 2019.

How big is unit 403?

613 sqft (56.9 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2015.

What is unit 403 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 403, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 193K, 25 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 193,171
Deposit, UAE resident (20%)
AED 38,634
Deposit, non-resident (40%)
AED 77,268
Monthly over 25 years at 3.7%
AED 790

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