2-bed · 1,011 sqftMazaya 17 (Queue Point - R053), Liwan · 6th floor · completed 2015

602, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold twice, last in August 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 11 August 2021
Last soldAED 435K11 August 2021
Current rentAED 36K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Mazaya 17 (Queue Point - R053)

What is 602 worth today?

Last sold for AED 435,000 in 2021

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11 Aug 2021SoldReady
AED 435,000AED 430 per sqft
1 Nov 2020RentedNew contract
AED 36,000/yr12 months · AED 36 per sqft
1 Jan 2020RentedNew contract
AED 45,000/yr12 months · AED 44 per sqft
5 Feb 2017RentedNew contract
AED 65,000/yr12 months · AED 64 per sqft
8 Feb 2015Sold by developerOff-plan
AED 740,000AED 731 per sqft

Source: Dubai Land Department. Updated 11 August 2021.

Key facts

Type
2-bed apartment
Size
1,011 sqft
Floor
6th of 6
Parking
G-18
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 10,800 /yr
Last sold
AED 435K · August 2021

About 602, Mazaya 17 (Queue Point - R053)

602 is a two-bedroom apartment of 1,011 sqft on the 6th 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 11 August 2021 for AED 435,000, or AED 430 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 November 2020, is AED 36,000 a year: a gross yield of 8.3% on the 2021 price, before the service charge of about AED 10,800 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Mazaya 17 (Queue Point - R053)
400K600K800K2015201820212024Typical sale price by year: 2015 AED 757,500; 2016 AED 737,056; 2017 AED 850,000; 2022 AED 499,500; 2023 AED 555,000Sold by developer, February 2015: AED 740,000 (AED 731 per sqft)Sold, August 2021: AED 435,000 (AED 430 per sqft)

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

Rents
Unit 602, each contractTypical two-bed in Mazaya 17 (Queue Point - R053)
40K60K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 59,000; 2019 AED 50,000; 2020 AED 40,500; 2021 AED 39,000; 2022 AED 43,350; 2023 AED 47,000; 2024 AED 53,130; 2025 AED 60,000; 2026 AED 66,500New contract, February 2017: AED 65,000 a yearNew contract, January 2020: AED 45,000 a yearNew contract, November 2020: AED 36,000 a year

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 602 sits

All 21 2-beds →

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. 602's AED 36,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Nov 20251,100,000
30 Jul 2025780,000
23 Feb 2024890,000
30 Aug 2023575,000
1 2-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
6013-bedAED 1.15M · Jan 2025
6031-bedAED 199K · May 2009
6041-bedAED 193K · May 2009
6051-bedAED 520K · Nov 2015
6061-bedAED 525K · Sep 2024
6072-bedAED 702K · Jun 2015
6082-bedAED 1.14M · Feb 2017
1–7 of 9

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

  • Sold twice: first on 8 February 2015 for AED 740,000, last on 11 August 2021 for AED 435,000 (AED 430 per sqft).
  • Rented since February 2017 on 3 Ejari contracts, from AED 65,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2021 price is 8.3%, before a service charge of about AED 10,800 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 11 August 2021.

Questions about 602, Mazaya 17 (Queue Point - R053)

What did unit 602 last sell for?

AED 435,000 on 11 August 2021: AED 430 per sqft for 1,011 sqft. The unit has 2 registered sales; the first was AED 740,000 in February 2015.

What is the rent for unit 602?

AED 36,000 a year on the contract signed on 1 November 2020. The previous contract, from January 2020, was AED 45,000; the unit has been rented since February 2017.

How big is unit 602?

1,011 sqft (93.9 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2015.

What is unit 602 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 602, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 435K, 11 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

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