506, Mazaya 17 (Queue Point - R053)
Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Mazaya 17 (Queue Point - R053)
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 671 sqft
- Floor
- 5th of 6
- Parking
- G-59
- Developer
- Al Mazaya Real Estate
- Completed
- 2015
- Service charge
- AED 7,200 /yr
- Last sold
- AED 505K · May 2014
- Building
- Mazaya 17 (Queue Point - R053)
About 506, Mazaya 17 (Queue Point - R053)
506 is a one-bedroom apartment of 671 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 27 May 2014 for AED 505,000, or AED 752 per sqft.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 40,000 a year: a gross yield of 7.9% on the 2014 price, before the service charge of about AED 7,200 a year.
Sales and rents for 506 over time
506 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 506 sits
All 41 1-beds →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. 506's AED 40,000 is in the lower half 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 | |
| 503 | 1-bed | 613 sqft | AED 199KAED 198,660 · May 2009May 2009 | 33,000 /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 | |
| 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 |
506, Mazaya 17 (Queue Point - R053) in numbers
- Sold once: by Al Mazaya Real Estate on 27 May 2014 for AED 505,000, or AED 752 per sqft.
- Rented since December 2016 on 7 Ejari contracts. The rent fell from AED 47,000 to AED 29,000 in 2022 and recovered to AED 40,000 by June 2025.
- At AED 40,000 a year the gross yield on the 2014 price is 7.9%, 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 June 2025.
Questions about 506, Mazaya 17 (Queue Point - R053)
What did unit 506 last sell for?
AED 505,000 on 27 May 2014, sold by the developer: AED 752 per sqft for 671 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 40,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 40,000; the unit has been rented since December 2016.
How big is unit 506?
671 sqft (62.3 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2015.
What is unit 506 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 506, Mazaya 17 (Queue Point - R053)
Starts from the last sale price (AED 505K, 27 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 505,000
- Deposit, UAE resident (20%)
- AED 101,000
- Deposit, non-resident (40%)
- AED 202,000
- Monthly over 25 years at 3.7%
- AED 2,066
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →