408, Mazaya 18 (Queue Point - R052)
Sold prices and rental history: sold once, by the developer in July 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 408, Mazaya 18 (Queue Point - R052)
What is 408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,590 sqft
- Floor
- 4th of 6
- Parking
- 1
- Developer
- Al Mazaya Real Estate
- Completed
- 2016
- Service charge
- AED 16,600 /yr
- Last sold
- AED 919K · July 2017
- Building
- Mazaya 18 (Queue Point - R052)
About 408, Mazaya 18 (Queue Point - R052)
408 is a two-bedroom apartment of 1,590 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 11 July 2017 for AED 918,500, or AED 577 per sqft, in line with the AED 577 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 5 December 2025, is AED 75,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 16,600 a year.
Sales and rents for 408 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 408 sits
All 21 2-beds →408 last sold in July 2017 at AED 577 per sqft, in line with what two-beds in Mazaya 18 (Queue Point - R052) were fetching at the time (AED 577). 408's AED 75,000 is in the upper half 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 | |
| 407 | 2-bed | 929 sqft | AED 361KAED 361,000 · Apr 2018April 2018 | 41,000 /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 |
408, Mazaya 18 (Queue Point - R052) in numbers
- Sold once: by Al Mazaya Real Estate on 11 July 2017 for AED 918,500, or AED 577 per sqft.
- Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 78,000 to AED 46,154 in 2018 and recovered to AED 75,000 by December 2025.
- At AED 75,000 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 16,600 a year (AED 10.41 per sqft).
Source: Dubai Land Department. Updated 5 December 2025.
Questions about 408, Mazaya 18 (Queue Point - R052)
What did unit 408 last sell for?
AED 918,500 on 11 July 2017, sold by the developer: AED 577 per sqft for 1,590 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 75,000 a year on the contract signed on 5 December 2025. The previous contract, from November 2024, was AED 60,000; the unit has been rented since September 2017.
How big is unit 408?
1,590 sqft (147.7 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2016.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 408? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 408, Mazaya 18 (Queue Point - R052)
Starts from the last sale price (AED 919K, 11 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 918,500
- Deposit, UAE resident (20%)
- AED 183,700
- Deposit, non-resident (40%)
- AED 367,400
- Monthly over 25 years at 3.7%
- AED 3,758
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →