508, Mazaya 17 (Queue Point - R053)
Sold prices and rental history: sold twice, last in February 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Mazaya 17 (Queue Point - R053)
What is 508 worth today?
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Source: Dubai Land Department. Updated 7 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,586 sqft
- Floor
- 5th of 6
- Parking
- G-30
- Developer
- Al Mazaya Real Estate
- Completed
- 2015
- Service charge
- AED 16,900 /yr
- Last sold
- AED 890K · February 2024
- Building
- Mazaya 17 (Queue Point - R053)
About 508, Mazaya 17 (Queue Point - R053)
508 is a two-bedroom apartment of 1,586 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 23 February 2024 for AED 890,000, or AED 561 per sqft, in line with the AED 561 two-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 7 May 2025, is AED 90,300 a year: a gross yield of 10.2% on the 2024 price, before the service charge of about AED 16,900 a year.
Sales and rents for 508 over time
508 has sold twice; 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 508 sits
All 21 2-beds →508 last sold in February 2024 at AED 561 per sqft, in line with what two-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 561). 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. 508's AED 90,300 is in the upper half 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 | ||
| 30 Aug 202330 August 2023 | 1,011 sqft | 575,000 | 568 | ||
| 13 Jul 202313 July 2023 | 930 sqft | 530,000 | 570 |
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 | |
| 507 | 2-bed | 931 sqft | AED 450KAED 450,000 · Jul 2022July 2022 | 36,000 /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 |
508, Mazaya 17 (Queue Point - R053) in numbers
- Sold twice: first on 27 February 2019 for AED 790,000, last on 23 February 2024 for AED 890,000 (AED 561 per sqft).
- Rented since May 2024 on 3 Ejari contracts, from AED 86,000 to AED 90,300 a year.
- At AED 90,300 a year the gross yield on the 2024 price is 10.2%, before a service charge of about AED 16,900 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 7 May 2025.
Questions about 508, Mazaya 17 (Queue Point - R053)
What did unit 508 last sell for?
AED 890,000 on 23 February 2024: AED 561 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 790,000 in February 2019.
What is the rent for unit 508?
AED 90,300 a year on the contract renewed on 7 May 2025. The previous contract, from May 2025, was AED 90,300; the unit has been rented since May 2024.
How big is unit 508?
1,586 sqft (147.3 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2015.
What is unit 508 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 508, Mazaya 17 (Queue Point - R053)
Starts from the last sale price (AED 890K, 23 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 890,000
- Deposit, UAE resident (20%)
- AED 178,000
- Deposit, non-resident (40%)
- AED 356,000
- Monthly over 25 years at 3.7%
- AED 3,641
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →