1-bed · 613 sqftMazaya 18 (Queue Point - R052), Liwan · 3rd floor · completed 2016

304, Mazaya 18 (Queue Point - R052)

Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 July 2021
Last soldAED 568K21 January 2018
Current rentAED 26K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Mazaya 18 (Queue Point - R052)

What is 304 worth today?

Last sold for AED 568,132 in 2018

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1 Jul 2021RentedNew contract
AED 26,000/yr12 months · AED 42 per sqft
20 Jun 2020RentedNew contract
AED 32,000/yr12 months · AED 52 per sqft
15 Nov 2018RentedNew contract
AED 39,889/yr12 months · AED 65 per sqft
21 Jan 2018Sold by developerReady
AED 568,132AED 926 per sqft

Source: Dubai Land Department. Updated 1 July 2021.

Key facts

Type
1-bed apartment
Size
613 sqft
Floor
3rd of 6
Parking
1
Developer
Al Mazaya Real Estate
Completed
2016
Service charge
AED 6,400 /yr
Last sold
AED 568K · January 2018

About 304, Mazaya 18 (Queue Point - R052)

304 is a one-bedroom apartment of 613 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 21 January 2018 for AED 568,132, or AED 926 per sqft, 24% above the AED 744 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 July 2021, is AED 26,000 a year: a gross yield of 4.6% on the 2018 price, before the service charge of about AED 6,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Mazaya 18 (Queue Point - R052)
400K600K2016201920222025Typical sale price by year: 2016 AED 505,227; 2017 AED 541,965; 2018 AED 538,712; 2021 AED 335,000; 2022 AED 316,696; 2023 AED 370,000; 2025 AED 577,500Sold by developer, January 2018: AED 568,132 (AED 926 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in Mazaya 18 (Queue Point - R052)
30K40K50K2017202020232026Typical rent by year: 2017 AED 45,000; 2018 AED 42,500; 2019 AED 35,500; 2020 AED 29,000; 2021 AED 26,000; 2022 AED 28,500; 2023 AED 32,600; 2024 AED 40,000; 2025 AED 46,000; 2026 AED 48,000New contract, November 2018: AED 39,889 a yearNew contract, June 2020: AED 32,000 a yearNew contract, July 2021: AED 26,000 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 18 (Queue Point - R052), and where 304 sits

All 42 1-beds →

304 last sold in January 2018 at AED 926 per sqft, 24% above what one-beds in Mazaya 18 (Queue Point - R052) were fetching at the time (AED 744). Over the last 12 months one-beds sold for AED 565,000 to 570,000, around AED 899 per sqft, and rent for AED 38,000 to 82,000 a year. 304's AED 26,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 2026570,000
8 May 2026565,000
9 Aug 2025630,000
17 Jun 2025525,000
2 1-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
3022-bedAED 739K · Nov 2015
3032-bedAED 520K · Aug 2022
3051-bedAED 499K · Mar 2016
3061-bedAED 562K · May 2017
3071-bedAED 360K · Dec 2021
3082-bedAED 803K · Jul 2017
1–7 of 11

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

  • Sold once: by Al Mazaya Real Estate on 21 January 2018 for AED 568,132, or AED 926 per sqft.
  • Rented since November 2018 on 3 Ejari contracts, from AED 39,889 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2018 price is 4.6%, before a service charge of about AED 6,400 a year (AED 10.41 per sqft).
  • One-beds in Mazaya 18 (Queue Point - R052) sold for AED 565,000–570,000 in the 12 months to November 2026; the building's median across all types is AED 867 per sqft.

Source: Dubai Land Department. Updated 1 July 2021.

Questions about 304, Mazaya 18 (Queue Point - R052)

What did unit 304 last sell for?

AED 568,132 on 21 January 2018, sold by the developer: AED 926 per sqft for 613 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 26,000 a year on the contract signed on 1 July 2021. The previous contract, from June 2020, was AED 32,000; the unit has been rented since November 2018.

How big is unit 304?

613 sqft (56.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2016.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 18 (Queue Point - R052) sold for AED 565,000 to 570,000 in the last 12 months, around AED 899 per sqft.

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Mortgage on 304, Mazaya 18 (Queue Point - R052)

Starts from the last sale price (AED 568K, 21 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 568,132
Deposit, UAE resident (20%)
AED 113,626
Deposit, non-resident (40%)
AED 227,253
Monthly over 25 years at 3.7%
AED 2,324

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