2-bed · 214 sqftMazaya 18 (Queue Point - R052), Liwan · 3rd floor · completed 2016

302, Mazaya 18 (Queue Point - R052)

Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 1 December 2022
Last soldAED 739K15 November 2015
Current rentAED 47K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Mazaya 18 (Queue Point - R052)

What is 302 worth today?

Last sold for AED 739,000 in 2015

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1 Dec 2022RentedNew contract
AED 47,000/yr12 months · AED 46 per sqft
1 Dec 2022RentedNew contract
AED 40,000/yr12 months · AED 40 per sqft
1 Jan 2019RentedNew contract
AED 50,000/yr12 months · AED 49 per sqft
20 Feb 2018RentedNew contract
AED 58,000/yr12 months · AED 57 per sqft
1 Feb 2017RentedNew contract
AED 62,000/yr12 months · AED 61 per sqft
15 Nov 2015Sold by developerOff-plan
AED 739,000AED 3,451 per sqft

Source: Dubai Land Department. Updated 1 December 2022.

Key facts

Type
2-bed apartment
Size
214 sqft
Floor
3rd of 6
Parking
1
Developer
Al Mazaya Real Estate
Completed
2016
Service charge
AED 2,200 /yr
Last sold
AED 739K · November 2015

About 302, Mazaya 18 (Queue Point - R052)

302 is a two-bedroom apartment of 214 sqft on the 3rd floor of Mazaya 18 (Queue Point - R052), a 6-storey tower in Liwan completed in 2016 by Al Mazaya Real Estate. The developer sold it on 15 November 2015 for AED 739,000, or AED 3,451 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 December 2022, is AED 47,000 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 2,200 a year.

Sales and rents for 302 over time

Rents
Unit 302, each contractTypical two-bed in Mazaya 18 (Queue Point - R052)
40K60K2017202020232026Typical rent by year: 2017 AED 63,000; 2018 AED 54,000; 2019 AED 45,000; 2020 AED 40,000; 2021 AED 40,500; 2022 AED 47,000; 2024 AED 55,000; 2025 AED 72,000; 2026 AED 68,000New contract, February 2017: AED 62,000 a yearNew contract, February 2018: AED 58,000 a yearNew contract, January 2019: AED 50,000 a yearNew contract, December 2022: AED 47,000 a yearNew contract, December 2022: AED 40,000 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 18 (Queue Point - R052), and where 302 sits

All 21 2-beds →

302's AED 47,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 2025850,000
11 Sep 2023520,000
23 Aug 2022520,000
27 Dec 2021550,000
0 2-bed sales in the last 12 months

Mazaya 18 (Queue Point - R052)

Building

67 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2016 by Al Mazaya Real Estate. 3 sold in the last 12 months.

Typical price per sqft
AED 867
Typical sale
AED 570K
Typical rent
AED 55K /yr
Typical yield
7.3%
Mazaya 18 (Queue Point - R052), Liwan: prices, sales and rents →
Value
3011-bedAED 335K · Nov 2021
3032-bedAED 520K · Aug 2022
3041-bedAED 568K · Jan 2018
3051-bedAED 499K · Mar 2016
3061-bedAED 562K · May 2017
3071-bedAED 360K · Dec 2021
3082-bedAED 803K · Jul 2017
1–7 of 11

302, Mazaya 18 (Queue Point - R052) in numbers

  • Sold once: by Al Mazaya Real Estate on 15 November 2015 for AED 739,000, or AED 3,451 per sqft.
  • Rented since February 2017 on 5 Ejari contracts. The rent fell from AED 62,000 to AED 40,000 in 2022 and recovered to AED 47,000 by December 2022.
  • At AED 47,000 a year the gross yield on the 2015 price is 6.4%, before a service charge of about AED 2,200 a year (AED 10.41 per sqft).

Source: Dubai Land Department. Updated 1 December 2022.

Questions about 302, Mazaya 18 (Queue Point - R052)

What did unit 302 last sell for?

AED 739,000 on 15 November 2015, sold by the developer: AED 3,451 per sqft for 214 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 47,000 a year on the contract signed on 1 December 2022. The previous contract, from December 2022, was AED 40,000; the unit has been rented since February 2017.

How big is unit 302?

214 sqft (19.9 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2016.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 302, Mazaya 18 (Queue Point - R052)

Starts from the last sale price (AED 739K, 15 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 739,000
Deposit, UAE resident (20%)
AED 147,800
Deposit, non-resident (40%)
AED 295,600
Monthly over 25 years at 3.7%
AED 3,023

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