503, Mazaya 17 (Queue Point - R053)
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Mazaya 17 (Queue Point - R053)
What is 503 worth today?
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Source: Dubai Land Department. Updated 10 May 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 613 sqft
- Floor
- 5th of 6
- Parking
- G-48
- Developer
- Al Mazaya Real Estate
- Completed
- 2015
- Service charge
- AED 6,500 /yr
- Last sold
- AED 199K · May 2009
- Building
- Mazaya 17 (Queue Point - R053)
About 503, Mazaya 17 (Queue Point - R053)
503 is a one-bedroom apartment of 613 sqft on the 5th 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 198,660, or AED 324 per sqft, 4% above the AED 312 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 10 May 2020, is AED 33,000 a year: a gross yield of 16.6% on the 2009 price, before the service charge of about AED 6,500 a year.
Sales and rents for 503 over time
503 has sold once; the dashed line is the one-bed median of each year in the building.
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 503 sits
All 41 1-beds →503 last sold in May 2009 at AED 324 per sqft, 4% above 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. 503's AED 33,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202622 January 2026 | 675 sqft | 575,000 | 851 | ||
| 1 Jul 20251 July 2025 | 651 sqft | 550,000 | 845 | ||
| 16 Dec 202416 December 2024 | 651 sqft | 550,000 | 844 | ||
| 13 Sep 202413 September 2024 | 671 sqft | 525,000 | 781 |
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 5th floor
All 66 units in Mazaya 17 (Queue Point - R053)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,648 sqft | AED 1.23MAED 1,234,000 · Aug 2016August 2016 | ||
| 502 | 2-bed | 1,011 sqft | AED 575KAED 575,000 · Aug 2023August 2023 | 54,000 /yr | |
| 504 | 1-bed | 651 sqft | AED 550KAED 550,000 · Dec 2024December 2024 | 36,000 /yr | |
| 505 | 1-bed | 683 sqft | AED 527KAED 526,500 · Mar 2016March 2016 | 50,000 /yr | |
| 506 | 1-bed | 671 sqft | AED 505KAED 505,000 · May 2014May 2014 | 40,000 /yr | |
| 507 | 2-bed | 931 sqft | AED 450KAED 450,000 · Jul 2022July 2022 | 36,000 /yr | |
| 508 | 2-bed | 1,586 sqft | AED 890KAED 890,000 · Feb 2024February 2024 | 90,300 /yr | |
| 509 | 1-bed | 675 sqft | AED 520KAED 520,000 · Jun 2014June 2014 | 36,000 /yr | |
| 510 | 1-bed | 635 sqft | AED 194KAED 193,752 · May 2009May 2009 | 50,000 /yr |
503, Mazaya 17 (Queue Point - R053) in numbers
- Sold once: by Al Mazaya Real Estate on 25 May 2009 for AED 198,660, or AED 324 per sqft.
- Rented since May 2017 on 4 Ejari contracts, from AED 45,000 to AED 33,000 a year.
- At AED 33,000 a year the gross yield on the 2009 price is 16.6%, 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 10 May 2020.
Questions about 503, Mazaya 17 (Queue Point - R053)
What did unit 503 last sell for?
AED 198,660 on 25 May 2009, sold by the developer: AED 324 per sqft for 613 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 33,000 a year on the contract renewed on 10 May 2020. The previous contract, from May 2019, was AED 40,000; the unit has been rented since May 2017.
How big is unit 503?
613 sqft (56.9 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2015.
What is unit 503 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 503, Mazaya 17 (Queue Point - R053)
Starts from the last sale price (AED 199K, 25 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 198,660
- Deposit, UAE resident (20%)
- AED 39,732
- Deposit, non-resident (40%)
- AED 79,464
- Monthly over 25 years at 3.7%
- AED 813
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →