402, Mazaya 18 (Queue Point - R052)
Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Mazaya 18 (Queue Point - R052)
What is 402 worth today?
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Source: Dubai Land Department. Updated 24 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,011 sqft
- Floor
- 4th of 6
- Parking
- 1
- Developer
- Al Mazaya Real Estate
- Completed
- 2016
- Service charge
- AED 10,500 /yr
- Last sold
- AED 765K · May 2017
- Building
- Mazaya 18 (Queue Point - R052)
About 402, Mazaya 18 (Queue Point - R052)
402 is a two-bedroom apartment of 1,011 sqft on the 4th 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 2 May 2017 for AED 765,000, or AED 756 per sqft.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 24 January 2025, is AED 48,300 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 10,500 a year.
Sales and rents for 402 over time
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 402 sits
All 21 2-beds →402's AED 48,300 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Aug 202514 August 2025 | 1,014 sqft | 850,000 | 838 | ||
| 11 Sep 202311 September 2023 | 929 sqft | 520,000 | 559 | ||
| 23 Aug 202223 August 2022 | 1,014 sqft | 520,000 | 512 | ||
| 27 Dec 202127 December 2021 | 1,011 sqft | 550,000 | 543 |
Mazaya 18 (Queue Point - R052)
Building67 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%
Other units on the 4th floor
All 67 units in Mazaya 18 (Queue Point - R052)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,648 sqft | AED 1.05MAED 1,050,000 · Aug 2023August 2023 | ||
| 403 | 1-bed | 613 sqft | AED 315KAED 315,000 · Dec 2022December 2022 | 48,000 /yr | |
| 404 | 1-bed | 651 sqft | AED 350KAED 350,000 · Jun 2023June 2023 | 45,000 /yr | |
| 405 | 1-bed | 683 sqft | AED 535KAED 535,000 · Aug 2016August 2016 | ||
| 406 | 1-bed | 671 sqft | AED 519KAED 519,000 · Aug 2016August 2016 | 47,000 /yr | |
| 407 | 2-bed | 929 sqft | AED 361KAED 361,000 · Apr 2018April 2018 | 41,000 /yr | |
| 408 | 2-bed | 1,590 sqft | AED 919KAED 918,500 · Jul 2017July 2017 | 75,000 /yr | |
| 409 | 1-bed | 675 sqft | AED 520KAED 520,000 · Sep 2016September 2016 | 50,000 /yr | |
| 410 | 1-bed | 123 sqft | AED 505KAED 505,143 · Feb 2016February 2016 | 50,000 /yr |
402, Mazaya 18 (Queue Point - R052) in numbers
- Sold once: by Al Mazaya Real Estate on 2 May 2017 for AED 765,000, or AED 756 per sqft.
- Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 63,000 to AED 38,000 in 2022 and recovered to AED 48,300 by January 2025.
- At AED 48,300 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 10,500 a year (AED 10.41 per sqft).
Source: Dubai Land Department. Updated 24 January 2025.
Questions about 402, Mazaya 18 (Queue Point - R052)
What did unit 402 last sell for?
AED 765,000 on 2 May 2017, sold by the developer: AED 756 per sqft for 1,011 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 48,300 a year on the contract renewed on 24 January 2025. The previous contract, from January 2025, was AED 48,300; the unit has been rented since June 2017.
How big is unit 402?
1,011 sqft (93.9 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2016.
What is unit 402 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 402, Mazaya 18 (Queue Point - R052)
Starts from the last sale price (AED 765K, 2 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 765,000
- Deposit, UAE resident (20%)
- AED 153,000
- Deposit, non-resident (40%)
- AED 306,000
- Monthly over 25 years at 3.7%
- AED 3,130
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →