1-bed · 671 sqftMazaya 17 (Queue Point - R053), Liwan · 4th floor · completed 2015

406, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 8 November 2023
Last soldAED 505K27 May 2014
Current rentAED 37K /yr8 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Mazaya 17 (Queue Point - R053)

What is 406 worth today?

Last sold for AED 505,000 in 2014

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8 Nov 2023RentedNew contract
AED 37,000/yr12 months · AED 55 per sqft
1 Oct 2022RentedNew contract
AED 30,917/yr12 months · AED 46 per sqft
1 Nov 2020RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
15 Dec 2019RentedRenewal
AED 30,000/yr12 months · AED 45 per sqft
15 Dec 2018RentedRenewal
AED 37,000/yr12 months · AED 55 per sqft
15 Dec 2017RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft
27 May 2014Sold by developerOff-plan
AED 505,000AED 752 per sqft

Source: Dubai Land Department. Updated 8 November 2023.

Key facts

Type
1-bed apartment
Size
671 sqft
Floor
4th of 6
Parking
G-57
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 7,200 /yr
Last sold
AED 505K · May 2014

About 406, Mazaya 17 (Queue Point - R053)

406 is a one-bedroom apartment of 671 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 27 May 2014 for AED 505,000, or AED 752 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 8 November 2023, is AED 37,000 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 7,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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 2014: AED 505,000 (AED 752 per sqft)

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

Rents
Unit 406, 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, December 2017: AED 40,000 a yearRenewal, December 2018: AED 37,000 a yearRenewal, December 2019: AED 30,000 a yearNew contract, November 2020: AED 30,000 a yearNew contract, October 2022: AED 30,917 a yearNew contract, November 2023: AED 37,000 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 406 sits

All 41 1-beds →

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. 406's AED 37,000 is at the bottom 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
4031-bedAED 193K · May 2009
4041-bedAED 420K · Jan 2024
4072-bedAED 702K · Aug 2016
4082-bedAED 1.18M · Jan 2017
4091-bedAED 494K · Aug 2016
1–7 of 8

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

  • Sold once: by Al Mazaya Real Estate on 27 May 2014 for AED 505,000, or AED 752 per sqft.
  • Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2020 and recovered to AED 37,000 by November 2023.
  • At AED 37,000 a year the gross yield on the 2014 price is 7.3%, before a service charge of about AED 7,200 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 8 November 2023.

Questions about 406, Mazaya 17 (Queue Point - R053)

What did unit 406 last sell for?

AED 505,000 on 27 May 2014, sold by the developer: AED 752 per sqft for 671 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 37,000 a year on the contract signed on 8 November 2023. The previous contract, from October 2022, was AED 30,917; the unit has been rented since December 2017.

How big is unit 406?

671 sqft (62.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2015.

What is unit 406 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 406, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 505K, 27 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

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