507, Mazaya 17 (Queue Point - R053)
Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Mazaya 17 (Queue Point - R053)
What is 507 worth today?
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Source: Dubai Land Department. Updated 18 July 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 931 sqft
- Floor
- 5th of 6
- Parking
- G-64
- Developer
- Al Mazaya Real Estate
- Completed
- 2015
- Service charge
- AED 9,900 /yr
- Last sold
- AED 450K · July 2022
- Building
- Mazaya 17 (Queue Point - R053)
About 507, Mazaya 17 (Queue Point - R053)
507 is a two-bedroom apartment of 931 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 18 July 2022 for AED 450,000, or AED 483 per sqft, 12% above the AED 430 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 15 April 2021, is AED 36,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 9,900 a year.
Sales and rents for 507 over time
507 has sold once; the dashed line is the two-bed median of each year in the building.
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 507 sits
All 21 2-beds →507 last sold in July 2022 at AED 483 per sqft, 12% above what two-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 430). 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. 507's AED 36,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Nov 202525 November 2025 | 1,206 sqft | 1,100,000 | 912 | ||
| 30 Jul 202530 July 2025 | 1,011 sqft | 780,000 | 771 | ||
| 23 Feb 202423 February 2024 | 1,586 sqft | 890,000 | 561 | ||
| 30 Aug 202330 August 2023 | 1,011 sqft | 575,000 | 568 |
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 | |
| 506 | 1-bed | 671 sqft | AED 505KAED 505,000 · May 2014May 2014 | 40,000 /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 |
507, Mazaya 17 (Queue Point - R053) in numbers
- Sold once: by Al Mazaya Real Estate on 18 July 2022 for AED 450,000, or AED 483 per sqft.
- Rented since March 2020 on 2 Ejari contracts, from AED 40,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2022 price is 8.0%, before a service charge of about AED 9,900 a year (AED 10.65 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 18 July 2022.
Questions about 507, Mazaya 17 (Queue Point - R053)
What did unit 507 last sell for?
AED 450,000 on 18 July 2022, sold by the developer: AED 483 per sqft for 931 sqft. It is the only registered sale of the unit.
What is the rent for unit 507?
AED 36,000 a year on the contract signed on 15 April 2021. The previous contract, from March 2020, was AED 40,000.
How big is unit 507?
931 sqft (86.5 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2015.
What is unit 507 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 507, Mazaya 17 (Queue Point - R053)
Starts from the last sale price (AED 450K, 18 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →