2-bed · 1,586 sqftMazaya 17 (Queue Point - R053), Liwan · 4th floor · completed 2015

408, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold once, by the developer in January 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 22 January 2017
Last soldAED 1.18M22 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Mazaya 17 (Queue Point - R053)

What is 408 worth today?

Last sold for AED 1,175,632 in 2017

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22 Jan 2017Sold by developerOff-plan
AED 1,175,632AED 741 per sqft

Source: Dubai Land Department. Updated 22 January 2017.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
4th of 6
Parking
G-05
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 16,900 /yr
Last sold
AED 1.18M · January 2017

About 408, Mazaya 17 (Queue Point - R053)

408 is a two-bedroom apartment of 1,586 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 22 January 2017 for AED 1,175,632, or AED 741 per sqft, in line with the AED 741 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Mazaya 17 (Queue Point - R053)
500K1M2015201820212024Typical 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, January 2017: AED 1,175,632 (AED 741 per sqft)

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

Rents
Unit 408, 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 66,500

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 408 sits

All 21 2-beds →

408 last sold in January 2017 at AED 741 per sqft, in line with what two-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 741). 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.

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
4013-bedAED 1.25M · Aug 2025
4022-bedAED 780K · Jul 2025
4031-bedAED 193K · May 2009
4041-bedAED 420K · Jan 2024
4061-bedAED 505K · May 2014
4072-bedAED 702K · Aug 2016
4091-bedAED 494K · Aug 2016
1–7 of 8

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

  • Sold once: by Al Mazaya Real Estate on 22 January 2017 for AED 1,175,632, or AED 741 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 22 January 2017.

Questions about 408, Mazaya 17 (Queue Point - R053)

What did unit 408 last sell for?

AED 1,175,632 on 22 January 2017, sold by the developer: AED 741 per sqft for 1,586 sqft. It is the only registered sale of the unit.

How big is unit 408?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2015.

What is unit 408 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 408, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 1.18M, 22 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,632
Deposit, UAE resident (20%)
AED 235,126
Deposit, non-resident (40%)
AED 470,253
Monthly over 25 years at 3.7%
AED 4,810

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