407, Mazaya 18 (Queue Point - R052)
Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Mazaya 18 (Queue Point - R052)
What is 407 worth today?
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Source: Dubai Land Department. Updated 29 October 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 929 sqft
- Floor
- 4th of 6
- Parking
- 1
- Developer
- Al Mazaya Real Estate
- Completed
- 2016
- Service charge
- AED 9,700 /yr
- Last sold
- AED 361K · April 2018
- Building
- Mazaya 18 (Queue Point - R052)
About 407, Mazaya 18 (Queue Point - R052)
407 is a two-bedroom apartment of 929 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 10 April 2018 for AED 361,000, or AED 388 per sqft, 37% below the AED 613 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 29 October 2021, is AED 41,000 a year: a gross yield of 11.4% on the 2018 price, before the service charge of about AED 9,700 a year.
Sales and rents for 407 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 407 sits
All 21 2-beds →407 last sold in April 2018 at AED 388 per sqft, 37% below what two-beds in Mazaya 18 (Queue Point - R052) were fetching at the time (AED 613). 407's AED 41,000 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 | ||
| 402 | 2-bed | 1,011 sqft | AED 765KAED 765,000 · May 2017May 2017 | 48,300 /yr | |
| 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 | |
| 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 |
407, Mazaya 18 (Queue Point - R052) in numbers
- Sold once: by Al Mazaya Real Estate on 10 April 2018 for AED 361,000, or AED 388 per sqft.
- Rented since August 2018 on 4 Ejari contracts, from AED 54,000 to AED 41,000 a year.
- At AED 41,000 a year the gross yield on the 2018 price is 11.4%, before a service charge of about AED 9,700 a year (AED 10.41 per sqft).
Source: Dubai Land Department. Updated 29 October 2021.
Questions about 407, Mazaya 18 (Queue Point - R052)
What did unit 407 last sell for?
AED 361,000 on 10 April 2018, sold by the developer: AED 388 per sqft for 929 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 41,000 a year on the contract renewed on 29 October 2021. The previous contract, from October 2020, was AED 41,000; the unit has been rented since August 2018.
How big is unit 407?
929 sqft (86.3 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2016.
What is unit 407 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 407, Mazaya 18 (Queue Point - R052)
Starts from the last sale price (AED 361K, 10 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 361,000
- Deposit, UAE resident (20%)
- AED 72,200
- Deposit, non-resident (40%)
- AED 144,400
- Monthly over 25 years at 3.7%
- AED 1,477
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →