1-bed · 675 sqftMazaya 17 (Queue Point - R053), Liwan · 4th floor · completed 2015

409, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 494K23 August 2016
Current rentAED 49K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Mazaya 17 (Queue Point - R053)

What is 409 worth today?

Last sold for AED 494,000 in 2016

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1 Aug 2026RentedRenewal
AED 49,000/yr12 months · AED 72 per sqft
1 Aug 2025RentedNew contract
AED 44,000/yr12 months · AED 65 per sqft
20 Jul 2024RentedNew contract
AED 44,000/yr12 months · AED 65 per sqft
3 Jun 2023RentedNew contract
AED 39,669/yr12 months · AED 58 per sqft
23 Aug 2016Sold by developerOff-plan
AED 494,000AED 732 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
4th of 6
Parking
G-42
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 7,200 /yr
Last sold
AED 494K · August 2016

About 409, Mazaya 17 (Queue Point - R053)

409 is a one-bedroom apartment of 675 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 23 August 2016 for AED 494,000, or AED 732 per sqft, 4% below the AED 761 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 49,000 a year: a gross yield of 9.9% on the 2016 price, before the service charge of about AED 7,200 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, August 2016: AED 494,000 (AED 732 per sqft)

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

Rents
Unit 409, 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, June 2023: AED 39,669 a yearNew contract, July 2024: AED 44,000 a yearNew contract, August 2025: AED 44,000 a yearRenewal, August 2026: AED 49,000 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 409 sits

All 41 1-beds →

409 last sold in August 2016 at AED 732 per sqft, 4% below what one-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 761). 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. 409's AED 49,000 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
4031-bedAED 193K · May 2009
4041-bedAED 420K · Jan 2024
4061-bedAED 505K · May 2014
4072-bedAED 702K · Aug 2016
4082-bedAED 1.18M · Jan 2017
1–7 of 8

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

  • Sold once: by Al Mazaya Real Estate on 23 August 2016 for AED 494,000, or AED 732 per sqft.
  • Rented since June 2023 on 4 Ejari contracts, from AED 39,669 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2016 price is 9.9%, 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 1 August 2026.

Questions about 409, Mazaya 17 (Queue Point - R053)

What did unit 409 last sell for?

AED 494,000 on 23 August 2016, sold by the developer: AED 732 per sqft for 675 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 49,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 44,000; the unit has been rented since June 2023.

How big is unit 409?

675 sqft (62.7 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2015.

What is unit 409 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 409, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 494K, 23 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 494,000
Deposit, UAE resident (20%)
AED 98,800
Deposit, non-resident (40%)
AED 197,600
Monthly over 25 years at 3.7%
AED 2,021

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