1-bed · 750 sqftMazaya 19 (Queue Point - R051), Liwan · 5th floor · completed 2014

503, Mazaya 19 (Queue Point - R051)

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 535K21 October 2024
Current rentAED 33K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Mazaya 19 (Queue Point - R051)

What is 503 worth today?

Last sold for AED 535,000 in 2024

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21 Oct 2024SoldReady
AED 535,000AED 713 per sqft
1 Aug 2023RentedRenewal
AED 33,000/yr12 months · AED 44 per sqft
1 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 40 per sqft
1 Feb 2021RentedNew contract
AED 28,000/yr12 months · AED 37 per sqft
21 Oct 2018RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
30 Sep 2018Sold by developerReady
AED 562,006AED 749 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
5th of 6
Parking
G-25
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,700 /yr
Last sold
AED 535K · October 2024

About 503, Mazaya 19 (Queue Point - R051)

503 is a one-bedroom apartment of 750 sqft on the 5th floor of Mazaya 19 (Queue Point - R051), a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 21 October 2024 for AED 535,000, or AED 713 per sqft, 8% above the AED 660 one-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 1 August 2023, is AED 33,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 8,700 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Mazaya 19 (Queue Point - R051)
400K600K2014201820222026Typical sale price by year: 2014 AED 637,000; 2015 AED 545,500; 2016 AED 579,816; 2017 AED 669,515; 2018 AED 578,503; 2019 AED 525,000; 2021 AED 291,842; 2022 AED 335,000; 2023 AED 365,182; 2024 AED 535,000; 2025 AED 605,000; 2026 AED 615,000Sold by developer, September 2018: AED 562,006 (AED 749 per sqft)Sold, October 2024: AED 535,000 (AED 713 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Mazaya 19 (Queue Point - R051)
40K2017202020232026Typical rent by year: 2017 AED 48,000; 2018 AED 44,500; 2019 AED 37,500; 2020 AED 31,500; 2021 AED 27,000; 2022 AED 28,875; 2023 AED 34,000; 2024 AED 38,475; 2025 AED 45,000; 2026 AED 52,250New contract, October 2018: AED 40,000 a yearNew contract, February 2021: AED 28,000 a yearNew contract, August 2022: AED 30,000 a yearRenewal, August 2023: AED 33,000 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 19 (Queue Point - R051), and where 503 sits

All 38 1-beds →

503 last sold in October 2024 at AED 713 per sqft, 8% above what one-beds in Mazaya 19 (Queue Point - R051) were fetching at the time (AED 660). Over the last 12 months one-beds sold for AED 595,000 to 700,000, around AED 812 per sqft, and rent for AED 38,850 to 75,000 a year. 503's AED 33,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jul 2026610,000
18 Mar 2026700,000
23 Jan 2026620,000
15 Jan 2026595,000
5 1-bed sales in the last 12 months

Mazaya 19 (Queue Point - R051)

Building

58 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 7 sold in the last 12 months.

Typical price per sqft
AED 798
Typical sale
AED 620K
Typical rent
AED 52K /yr
Typical yield
7.7%
Mazaya 19 (Queue Point - R051), Liwan: prices, sales and rents →
Value
5011-bedAED 185K · Oct 2021
5021-bedAED 620K · Jan 2026
5041-bedAED 670K · Nov 2017
5051-bedAED 335K · Oct 2022
5061-bedAED 557K · Dec 2014
5073-bedAED 1.3M · Dec 2025
5082-bedAED 1.05M · Apr 2025
1–7 of 9

503, Mazaya 19 (Queue Point - R051) in numbers

  • Sold twice: first on 30 September 2018 for AED 562,006, last on 21 October 2024 for AED 535,000 (AED 713 per sqft).
  • Rented since October 2018 on 4 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2021 and recovered to AED 33,000 by August 2023.
  • At AED 33,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 8,700 a year (AED 11.56 per sqft).
  • One-beds in Mazaya 19 (Queue Point - R051) sold for AED 595,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 798 per sqft.

Source: Dubai Land Department. Updated 21 October 2024.

Questions about 503, Mazaya 19 (Queue Point - R051)

What did unit 503 last sell for?

AED 535,000 on 21 October 2024: AED 713 per sqft for 750 sqft. The unit has 2 registered sales; the first was AED 562,006 in September 2018.

What is the rent for unit 503?

AED 33,000 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 30,000; the unit has been rented since October 2018.

How big is unit 503?

750 sqft (69.7 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 19 (Queue Point - R051) sold for AED 595,000 to 700,000 in the last 12 months, around AED 812 per sqft.

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Mortgage on 503, Mazaya 19 (Queue Point - R051)

Starts from the last sale price (AED 535K, 21 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

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