1-bed · 651 sqftMazaya 17 (Queue Point - R053), Liwan · 5th floor · completed 2015

504, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 550K16 December 2024
Current rentAED 36K /yr20 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Mazaya 17 (Queue Point - R053)

What is 504 worth today?

Last sold for AED 550,000 in 2024

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16 Dec 2024SoldReady
AED 550,000AED 844 per sqft
20 Jun 2023RentedRenewal
AED 36,000/yr12 months · AED 55 per sqft
20 Jun 2022RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
21 May 2020RentedRenewal
AED 28,000/yr12 months · AED 43 per sqft
21 May 2019RentedRenewal
AED 38,000/yr12 months · AED 59 per sqft
21 May 2018RentedRenewal
AED 45,000/yr12 months · AED 70 per sqft
21 May 2017RentedNew contract
AED 45,000/yr12 months · AED 70 per sqft
25 May 2009Sold by developerOff-plan
AED 198,660AED 305 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
5th of 6
Parking
G-44
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 6,900 /yr
Last sold
AED 550K · December 2024

About 504, Mazaya 17 (Queue Point - R053)

504 is a one-bedroom apartment of 651 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. It last sold on 16 December 2024 for AED 550,000, or AED 844 per sqft, 12% above the AED 751 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 20 June 2023, is AED 36,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 6,900 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Mazaya 17 (Queue Point - R053)
200K400K600K2009201420192024Typical 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 2009: AED 198,660 (AED 305 per sqft)Sold, December 2024: AED 550,000 (AED 844 per sqft)

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

Rents
Unit 504, 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, May 2017: AED 45,000 a yearRenewal, May 2018: AED 45,000 a yearRenewal, May 2019: AED 38,000 a yearRenewal, May 2020: AED 28,000 a yearNew contract, June 2022: AED 30,000 a yearRenewal, June 2023: AED 36,000 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 504 sits

All 41 1-beds →

504 last sold in December 2024 at AED 844 per sqft, 12% above what one-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 751). 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. 504's AED 36,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 2026575,000
1 Jul 2025550,000
13 Sep 2024525,000
5 Sep 2024500,000
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
5013-bedAED 1.23M · Aug 2016
5022-bedAED 575K · Aug 2023
5031-bedAED 199K · May 2009
5051-bedAED 527K · Mar 2016
5061-bedAED 505K · May 2014
5072-bedAED 450K · Jul 2022
5082-bedAED 890K · Feb 2024
1–7 of 9

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

  • Sold twice: first on 25 May 2009 for AED 198,660, last on 16 December 2024 for AED 550,000 (AED 844 per sqft).
  • Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 28,000 in 2020 and recovered to AED 36,000 by June 2023.
  • At AED 36,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 6,900 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 16 December 2024.

Questions about 504, Mazaya 17 (Queue Point - R053)

What did unit 504 last sell for?

AED 550,000 on 16 December 2024: AED 844 per sqft for 651 sqft. The unit has 2 registered sales; the first was AED 198,660 in May 2009.

What is the rent for unit 504?

AED 36,000 a year on the contract renewed on 20 June 2023. The previous contract, from June 2022, was AED 30,000; the unit has been rented since May 2017.

How big is unit 504?

651 sqft (60.5 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2015.

What is unit 504 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 504, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 550K, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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