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3-bed · 1,648 sqftMazaya 18 (Queue Point - R052), Liwan · 6th floor · completed 2016

601, Mazaya 18 (Queue Point - R052)

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 20 July 2023
Last soldAED 1.1M20 July 2023
Current rentAED 66K /yr10 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 601, Mazaya 18 (Queue Point - R052)

What is 601 worth today?

Last sold for AED 1,100,000 in 2023

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20 Jul 2023SoldReady
AED 1,100,000AED 667 per sqft
10 Jul 2022RentedRenewal
AED 66,000/yr12 months · AED 40 per sqft
10 Jul 2021RentedRenewal
AED 60,000/yr12 months · AED 36 per sqft
10 Jul 2020RentedNew contract
AED 60,000/yr12 months · AED 36 per sqft
1 Mar 2020RentedRenewal
AED 67,000/yr12 months · AED 41 per sqft
1 Mar 2019RentedNew contract
AED 70,000/yr12 months · AED 43 per sqft
15 Feb 2018RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
23 Jan 2017RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 20 July 2023.

Key facts

Type
3-bed apartment
Size
1,648 sqft
Floor
6th of 6
Parking
1
Developer
Al Mazaya Real Estate
Completed
2016
Service charge
AED 17,200 /yr
Last sold
AED 1.1M · July 2023
Building
Mazaya 18 (Queue Point - R052)

About 601, Mazaya 18 (Queue Point - R052)

601 is a three-bedroom apartment of 1,648 sqft on the 6th floor of Mazaya 18 (Queue Point - R052), a 6-storey tower in Liwan completed in 2016 by Al Mazaya Real Estate. It last sold on 20 July 2023 for AED 1,100,000, or AED 667 per sqft.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 10 July 2022, is AED 66,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 17,200 a year.

Sales and rents for 601 over time

Rents
Unit 601, each contractTypical three-bed in Mazaya 18 (Queue Point - R052)
60K80K100K2017202020232026Typical rent by year: 2020 AED 67,000; 2026 AED 93,500New contract, January 2017: AED 95,000 a yearNew contract, February 2018: AED 85,000 a yearNew contract, March 2019: AED 70,000 a yearRenewal, March 2020: AED 67,000 a yearNew contract, July 2020: AED 60,000 a yearRenewal, July 2021: AED 60,000 a yearRenewal, July 2022: AED 66,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Mazaya 18 (Queue Point - R052), and where 601 sits

All 4 3-beds →

Over the last 12 months three-beds sold for AED 1,350,000, around AED 818 per sqft, and rent for AED 90,000 to 95,000 a year. 601's AED 66,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Dec 20251,350,000
24 Aug 20231,050,000
26 Apr 20171,124,571
8 Dec 20151,153,726
1 3-bed sale 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 →

Other units on the 6th floor

All 67 units in Mazaya 18 (Queue Point - R052)
Value
6022-bedAED 550K · Dec 2021
6031-bedAED 570K · Jul 2026
6041-bedAED 565K · May 2026
6051-bedAED 630K · Aug 2025
6061-bedAED 485K · Oct 2018
6072-bedAED 520K · Sep 2023
6082-bedAED 919K · Jun 2017
1–7 of 9

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

  • Sold twice: first on 25 July 2016 for AED 1,113,840, last on 20 July 2023 for AED 1,100,000 (AED 667 per sqft).
  • Rented since January 2017 on 7 Ejari contracts, from AED 95,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 17,200 a year (AED 10.41 per sqft).
  • Three-beds in Mazaya 18 (Queue Point - R052) sold for AED 1,350,000–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 867 per sqft.

Source: Dubai Land Department. Updated 20 July 2023.

Questions about 601, Mazaya 18 (Queue Point - R052)

What did unit 601 last sell for?

AED 1,100,000 on 20 July 2023: AED 667 per sqft for 1,648 sqft. The unit has 2 registered sales; the first was AED 1,113,840 in July 2016.

What is the rent for unit 601?

AED 66,000 a year on the contract renewed on 10 July 2022. The previous contract, from July 2021, was AED 60,000; the unit has been rented since January 2017.

How big is unit 601?

1,648 sqft (153.1 sqm): a three-bedroom apartment on the 6th floor of a 6-storey tower completed in 2016.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mazaya 18 (Queue Point - R052) sold for AED 1,350,000 to 1,350,000 in the last 12 months, around AED 818 per sqft.

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Mortgage on 601, Mazaya 18 (Queue Point - R052)

Starts from the last sale price (AED 1.1M, 20 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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