1-bed · 750 sqftMazaya 19 (Queue Point - R051), Liwan · 6th floor · completed 2014

602, Mazaya 19 (Queue Point - R051)

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 11 August 2023
Last soldAED 550K31 August 2016
Current rentAED 36K /yr11 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Mazaya 19 (Queue Point - R051)

What is 602 worth today?

Last sold for AED 550,000 in 2016

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11 Aug 2023RentedNew contract
AED 36,000/yr12 months · AED 48 per sqft
15 Jan 2022RentedRenewal
AED 27,000/yr12 months · AED 36 per sqft
15 Jan 2021RentedNew contract
AED 25,000/yr12 months · AED 33 per sqft
4 Apr 2019RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
31 Aug 2016Sold by developerOff-plan
AED 550,000AED 733 per sqft

Source: Dubai Land Department. Updated 11 August 2023.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
6th of 6
Parking
G-07
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 8,700 /yr
Last sold
AED 550K · August 2016

About 602, Mazaya 19 (Queue Point - R051)

602 is a one-bedroom apartment of 750 sqft on the 6th floor of Mazaya 19 (Queue Point - R051), a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 31 August 2016 for AED 550,000, or AED 733 per sqft, 5% below the AED 770 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 11 August 2023, is AED 36,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 8,700 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, August 2016: AED 550,000 (AED 733 per sqft)

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

Rents
Unit 602, 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, April 2019: AED 35,000 a yearNew contract, January 2021: AED 25,000 a yearRenewal, January 2022: AED 27,000 a yearNew contract, August 2023: AED 36,000 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 602 sits

All 38 1-beds →

602 last sold in August 2016 at AED 733 per sqft, 5% below what one-beds in Mazaya 19 (Queue Point - R051) were fetching at the time (AED 770). 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. 602's AED 36,000 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
6011-bedAED 370K · Sep 2021
6031-bedAED 364K · Jun 2023
6041-bedAED 600K · Nov 2024
6052-bedAED 700K · Feb 2023
6062-bedAED 730K · Jul 2023

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

  • Sold once: by Al Mazaya Real Estate on 31 August 2016 for AED 550,000, or AED 733 per sqft.
  • Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 35,000 to AED 25,000 in 2021 and recovered to AED 36,000 by August 2023.
  • At AED 36,000 a year the gross yield on the 2016 price is 6.6%, 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 11 August 2023.

Questions about 602, Mazaya 19 (Queue Point - R051)

What did unit 602 last sell for?

AED 550,000 on 31 August 2016, sold by the developer: AED 733 per sqft for 750 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 36,000 a year on the contract signed on 11 August 2023. The previous contract, from January 2022, was AED 27,000; the unit has been rented since April 2019.

How big is unit 602?

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

What is unit 602 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 602, Mazaya 19 (Queue Point - R051)

Starts from the last sale price (AED 550K, 31 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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