2-bed · 1,163 sqftMazaya 19 (Queue Point - R051), Liwan · 5th floor · completed 2014

509, Mazaya 19 (Queue Point - R051)

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 785K25 October 2024
Current rentAED 39K /yr3 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Mazaya 19 (Queue Point - R051)

What is 509 worth today?

Last sold for AED 785,000 in 2024

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25 Oct 2024SoldReady
AED 785,000AED 674 per sqft
3 Aug 2020RentedNew contract
AED 39,000/yr12 months · AED 34 per sqft
19 Jul 2019RentedRenewal
AED 45,000/yr12 months · AED 39 per sqft
19 Jul 2018RentedRenewal
AED 55,000/yr12 months · AED 47 per sqft
19 Jul 2017RentedNew contract
AED 64,000/yr12 months · AED 55 per sqft
23 Aug 2016Sold by developerOff-plan
AED 879,000AED 755 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
2-bed apartment
Size
1,163 sqft
Floor
5th of 6
Parking
G-44
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 785K · October 2024

About 509, Mazaya 19 (Queue Point - R051)

509 is a two-bedroom apartment of 1,163 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 25 October 2024 for AED 785,000, or AED 674 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 3 August 2020, is AED 39,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 13,400 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Mazaya 19 (Queue Point - R051)
700K800K900K2016201920222025Typical sale price by year: 2016 AED 879,000; 2017 AED 899,565; 2019 AED 740,000; 2023 AED 730,000Sold by developer, August 2016: AED 879,000 (AED 755 per sqft)Sold, October 2024: AED 785,000 (AED 674 per sqft)

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

Rents
Unit 509, each contractTypical two-bed in Mazaya 19 (Queue Point - R051)
40K60K80K2017202020232026Typical rent by year: 2019 AED 45,000; 2025 AED 80,000; 2026 AED 72,000New contract, July 2017: AED 64,000 a yearRenewal, July 2018: AED 55,000 a yearRenewal, July 2019: AED 45,000 a yearNew contract, August 2020: AED 39,000 a year

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

2-beds in Mazaya 19 (Queue Point - R051), and where 509 sits

All 16 2-beds →

509's AED 39,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jun 2025600,000
23 Apr 20251,050,000
27 Aug 2024785,000
20 Sep 2023800,000
0 2-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
5031-bedAED 535K · Oct 2024
5041-bedAED 670K · Nov 2017
5051-bedAED 335K · Oct 2022
5061-bedAED 557K · Dec 2014
5073-bedAED 1.3M · Dec 2025
1–7 of 9

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

  • Sold twice: first on 23 August 2016 for AED 879,000, last on 25 October 2024 for AED 785,000 (AED 674 per sqft).
  • Rented since July 2017 on 4 Ejari contracts, from AED 64,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 13,400 a year (AED 11.56 per sqft).

Source: Dubai Land Department. Updated 25 October 2024.

Questions about 509, Mazaya 19 (Queue Point - R051)

What did unit 509 last sell for?

AED 785,000 on 25 October 2024: AED 674 per sqft for 1,163 sqft. The unit has 2 registered sales; the first was AED 879,000 in August 2016.

What is the rent for unit 509?

AED 39,000 a year on the contract signed on 3 August 2020. The previous contract, from July 2019, was AED 45,000; the unit has been rented since July 2017.

How big is unit 509?

1,163 sqft (108.0 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.

What is unit 509 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 509, Mazaya 19 (Queue Point - R051)

Starts from the last sale price (AED 785K, 25 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 785,000
Deposit, UAE resident (20%)
AED 157,000
Deposit, non-resident (40%)
AED 314,000
Monthly over 25 years at 3.7%
AED 3,212

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