1-bed · 613 sqftMazaya 17 (Queue Point - R053), Liwan · 6th floor · completed 2015

603, Mazaya 17 (Queue Point - R053)

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 14 March 2025
Last soldAED 199K25 May 2009
Current rentAED 50K /yr14 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Mazaya 17 (Queue Point - R053)

What is 603 worth today?

Last sold for AED 198,660 in 2009

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14 Mar 2025RentedRenewal
AED 50,000/yr12 months · AED 82 per sqft
14 Mar 2025RentedRenewal
AED 50,000/yr12 months · AED 82 per sqft
14 Mar 2024RentedRenewal
AED 38,000/yr12 months · AED 62 per sqft
14 Mar 2023RentedNew contract
AED 38,000/yr12 months · AED 62 per sqft
1 Mar 2020RentedRenewal
AED 33,000/yr12 months · AED 54 per sqft
1 Mar 2019RentedNew contract
AED 34,000/yr12 months · AED 55 per sqft
25 May 2009Sold by developerOff-plan
AED 198,660AED 324 per sqft

Source: Dubai Land Department. Updated 14 March 2025.

Key facts

Type
1-bed apartment
Size
613 sqft
Floor
6th of 6
Parking
G-47
Developer
Al Mazaya Real Estate
Completed
2015
Service charge
AED 6,500 /yr
Last sold
AED 199K · May 2009

About 603, Mazaya 17 (Queue Point - R053)

603 is a one-bedroom apartment of 613 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. The developer sold it on 25 May 2009 for AED 198,660, or AED 324 per sqft, 4% above the AED 312 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 14 March 2025, is AED 50,000 a year: a gross yield of 25.2% on the 2009 price, before the service charge of about AED 6,500 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in Mazaya 17 (Queue Point - R053)
200K400K600K20092013201720212025Typical 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 324 per sqft)

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

Rents
Unit 603, 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, March 2019: AED 34,000 a yearRenewal, March 2020: AED 33,000 a yearNew contract, March 2023: AED 38,000 a yearRenewal, March 2024: AED 38,000 a yearRenewal, March 2025: AED 50,000 a yearRenewal, March 2025: AED 50,000 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 603 sits

All 41 1-beds →

603 last sold in May 2009 at AED 324 per sqft, 4% above what one-beds in Mazaya 17 (Queue Point - R053) were fetching at the time (AED 312). 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. 603's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 2026575,000
1 Jul 2025550,000
16 Dec 2024550,000
13 Sep 2024525,000
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
6013-bedAED 1.15M · Jan 2025
6022-bedAED 435K · Aug 2021
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

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

  • Sold once: by Al Mazaya Real Estate on 25 May 2009 for AED 198,660, or AED 324 per sqft.
  • Rented since March 2019 on 6 Ejari contracts, from AED 34,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2009 price is 25.2%, before a service charge of about AED 6,500 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 14 March 2025.

Questions about 603, Mazaya 17 (Queue Point - R053)

What did unit 603 last sell for?

AED 198,660 on 25 May 2009, sold by the developer: AED 324 per sqft for 613 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 50,000 a year on the contract renewed on 14 March 2025. The previous contract, from March 2025, was AED 50,000; the unit has been rented since March 2019.

How big is unit 603?

613 sqft (56.9 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2015.

What is unit 603 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 603, Mazaya 17 (Queue Point - R053)

Starts from the last sale price (AED 199K, 25 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 198,660
Deposit, UAE resident (20%)
AED 39,732
Deposit, non-resident (40%)
AED 79,464
Monthly over 25 years at 3.7%
AED 813

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