111, Mazaya - Ghanima (Queue Point - R097)
Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, Mazaya - Ghanima (Queue Point - R097)
What is 111 worth today?
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Source: Dubai Land Department. Updated 25 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,016 sqft
- Floor
- 1st of 6
- Parking
- G-58
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,200 /yr
- Last sold
- AED 349K · February 2015
About 111, Mazaya - Ghanima (Queue Point - R097)
111 is a two-bedroom apartment of 1,016 sqft on the 1st floor of Mazaya - Ghanima (Queue Point - R097), a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 4 February 2015 for AED 348,820, or AED 343 per sqft, 51% below the AED 697 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 50,000 a year: a gross yield of 14.3% on the 2015 price, before the service charge of about AED 12,200 a year.
Sales and rents for 111 over time
111 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya - Ghanima (Queue Point - R097), and where 111 sits
All 14 2-beds →111 last sold in February 2015 at AED 343 per sqft, 51% below what two-beds in Mazaya - Ghanima (Queue Point - R097) were fetching at the time (AED 697). Over the last 12 months two-beds sold for AED 1,035,000, around AED 636 per sqft, and rent for AED 51,360 to 70,000 a year. 111's AED 50,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Mar 202626 March 2026 | 1,626 sqft | 1,035,000 | 636 | ||
| 15 Aug 202515 August 2025 | 1,042 sqft | 940,000 | 901 | ||
| 28 Sep 202328 September 2023 | 1,042 sqft | 575,000 | 551 | ||
| 22 Feb 202122 February 2021 | 1,039 sqft | 300,000 | 288 |
Mazaya - Ghanima (Queue Point - R097)
Building55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 5 sold in the last 12 months.
- Typical price per sqft
- AED 794
- Typical sale
- AED 640K
- Typical rent
- AED 52K /yr
- Typical yield
- 9.3%
Other units on the 1st floor
All 55 units in Mazaya - Ghanima (Queue Point - R097)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 589 sqft | AED 470KAED 470,000 · Jul 2025July 2025 | 41,500 /yr | |
| 102 | 2-bed | 1,018 sqft | AED 680KAED 680,000 · Jan 2014January 2014 | 65,000 /yr | |
| 103 | 1-bed | 566 sqft | AED 455KAED 455,000 · Mar 2025March 2025 | 30,000 /yr | |
| 104 | 1-bed | 810 sqft | AED 440KAED 440,000 · Feb 2024February 2024 | 51,000 /yr | |
| 105 | 2-bed | 1,072 sqft | AED 716KAED 716,102 · May 2009May 2009 | 64,000 /yr | |
| 106 | 1-bed | 599 sqft | AED 520KAED 520,000 · Sep 2025September 2025 | 45,000 /yr | |
| 107 | 1-bed | 601 sqft | AED 850KAED 850,000 · Feb 2015February 2015 | 24,000 /yr | |
| 108 | 2-bed | 1,068 sqft | AED 358KAED 358,051 · Nov 2015November 2015 | 45,000 /yr | |
| 109 | 1-bed | 810 sqft | AED 554KAED 554,131 · Dec 2014December 2014 | 43,000 /yr | |
| 110 | 1-bed | 569 sqft | AED 315KAED 315,000 · Jan 2023January 2023 | 43,000 /yr | |
| 112 | 1-bed | 589 sqft | AED 395KAED 394,824 · May 2009May 2009 | 45,000 /yr |
111, Mazaya - Ghanima (Queue Point - R097) in numbers
- Sold twice: first on 5 May 2009 for AED 697,639, last on 4 February 2015 for AED 348,820 (AED 343 per sqft).
- Rented since August 2016 on 7 Ejari contracts, from AED 70,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2015 price is 14.3%, before a service charge of about AED 12,200 a year (AED 12.01 per sqft).
- Two-beds in Mazaya - Ghanima (Queue Point - R097) sold for AED 1,035,000–1,035,000 in the 12 months to November 2026; the building's median across all types is AED 794 per sqft.
Source: Dubai Land Department. Updated 25 October 2024.
Questions about 111, Mazaya - Ghanima (Queue Point - R097)
What did unit 111 last sell for?
AED 348,820 on 4 February 2015: AED 343 per sqft for 1,016 sqft. The unit has 2 registered sales; the first was AED 697,639 in May 2009.
What is the rent for unit 111?
AED 50,000 a year on the contract renewed on 25 October 2024. The previous contract, from October 2024, was AED 50,000; the unit has been rented since August 2016.
How big is unit 111?
1,016 sqft (94.4 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2014.
What is unit 111 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya - Ghanima (Queue Point - R097) sold for AED 1,035,000 to 1,035,000 in the last 12 months, around AED 636 per sqft.
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Mortgage on 111, Mazaya - Ghanima (Queue Point - R097)
Starts from the last sale price (AED 349K, 4 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 348,820
- Deposit, UAE resident (20%)
- AED 69,764
- Deposit, non-resident (40%)
- AED 139,528
- Monthly over 25 years at 3.7%
- AED 1,427
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →