407, Mazaya 17 (Queue Point - R053)
Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Mazaya 17 (Queue Point - R053)
What is 407 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 931 sqft
- Floor
- 4th of 6
- Parking
- G-66
- Developer
- Al Mazaya Real Estate
- Completed
- 2015
- Service charge
- AED 9,900 /yr
- Last sold
- AED 702K · August 2016
- Building
- Mazaya 17 (Queue Point - R053)
About 407, Mazaya 17 (Queue Point - R053)
407 is a two-bedroom apartment of 931 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 24 August 2016 for AED 702,000, or AED 754 per sqft, 4% above the AED 726 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 July 2026, is AED 62,000 a year: a gross yield of 8.8% on the 2016 price, before the service charge of about AED 9,900 a year.
Sales and rents for 407 over time
407 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 407 sits
All 21 2-beds →407 last sold in August 2016 at AED 754 per sqft, 4% above what two-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 726). 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. 407's AED 62,000 is in the lower half 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 4th floor
All 66 units in Mazaya 17 (Queue Point - R053)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,648 sqft | AED 1.25MAED 1,250,000 · Aug 2025August 2025 | 72,000 /yr | |
| 402 | 2-bed | 1,011 sqft | AED 780KAED 780,000 · Jul 2025July 2025 | 47,000 /yr | |
| 403 | 1-bed | 613 sqft | AED 193KAED 193,171 · May 2009May 2009 | 50,000 /yr | |
| 404 | 1-bed | 651 sqft | AED 420KAED 420,000 · Jan 2024January 2024 | 61,000 /yr | |
| 406 | 1-bed | 671 sqft | AED 505KAED 505,000 · May 2014May 2014 | 37,000 /yr | |
| 408 | 2-bed | 1,586 sqft | AED 1.18MAED 1,175,632 · Jan 2017January 2017 | ||
| 409 | 1-bed | 675 sqft | AED 494KAED 494,000 · Aug 2016August 2016 | 49,000 /yr | |
| 410 | 1-bed | 635 sqft | AED 193KAED 193,171 · May 2009May 2009 | 30,000 /yr |
407, Mazaya 17 (Queue Point - R053) in numbers
- Sold once: by Al Mazaya Real Estate on 24 August 2016 for AED 702,000, or AED 754 per sqft.
- Rented since July 2022 on 3 Ejari contracts, from AED 42,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2016 price is 8.8%, 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 July 2026.
Questions about 407, Mazaya 17 (Queue Point - R053)
What did unit 407 last sell for?
AED 702,000 on 24 August 2016, sold by the developer: AED 754 per sqft for 931 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 62,000 a year on the contract signed on 1 July 2026. The previous contract, from July 2023, was AED 45,000; the unit has been rented since July 2022.
How big is unit 407?
931 sqft (86.5 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2015.
What is unit 407 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 407, Mazaya 17 (Queue Point - R053)
Starts from the last sale price (AED 702K, 24 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 702,000
- Deposit, UAE resident (20%)
- AED 140,400
- Deposit, non-resident (40%)
- AED 280,800
- Monthly over 25 years at 3.7%
- AED 2,872
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →