2-bed · 1,039 sqftMazaya - Ghanima (Queue Point - R097), Liwan · 2nd floor · completed 2014

208, Mazaya - Ghanima (Queue Point - R097)

Sold prices and rental history: sold 3 times, last in February 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 22 February 2021
Last soldAED 300K22 February 2021
Current rentAED 50K /yr1 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Mazaya - Ghanima (Queue Point - R097)

What is 208 worth today?

Last sold for AED 300,000 in 2021

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22 Feb 2021SoldReady
AED 300,000AED 288 per sqft
1 May 2019RentedRenewal
AED 50,000/yr12 months · AED 48 per sqft
1 May 2018RentedRenewal
AED 60,000/yr12 months · AED 58 per sqft
1 May 2017RentedRenewal
AED 65,000/yr12 months · AED 63 per sqft
1 May 2016RentedNew contract
AED 65,000/yr12 months · AED 63 per sqft
24 Jan 2015RentedNew contract
AED 68,000/yr12 months · AED 66 per sqft
8 Dec 2014SoldReady
AED 727,119AED 700 per sqft
5 May 2009Sold by developerOff-plan
AED 727,119AED 700 per sqft

Source: Dubai Land Department. Updated 22 February 2021.

Key facts

Type
2-bed apartment
Size
1,039 sqft
Floor
2nd of 6
Parking
G-54
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,500 /yr
Last sold
AED 300K · February 2021

About 208, Mazaya - Ghanima (Queue Point - R097)

208 is a two-bedroom apartment of 1,039 sqft on the 2nd 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 22 February 2021 for AED 300,000, or AED 288 per sqft, 28% below the AED 402 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 May 2019, is AED 50,000 a year: a gross yield of 16.7% on the 2021 price, before the service charge of about AED 12,500 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical two-bed in Mazaya - Ghanima (Queue Point - R097)
400K600K800K2009201320172021Typical sale price by year: 2009 AED 727,119; 2014 AED 727,119; 2015 AED 358,051Sold by developer, May 2009: AED 727,119 (AED 700 per sqft)Sold, December 2014: AED 727,119 (AED 700 per sqft)Sold, February 2021: AED 300,000 (AED 288 per sqft)

208 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 208, each contractTypical two-bed in Mazaya - Ghanima (Queue Point - R097)
40K60K20152018202120242027Typical rent by year: 2015 AED 69,000; 2016 AED 66,150; 2017 AED 65,000; 2018 AED 60,000; 2019 AED 52,500; 2020 AED 43,000; 2021 AED 40,500; 2022 AED 42,000; 2023 AED 48,000; 2024 AED 50,000; 2025 AED 60,000; 2026 AED 64,500New contract, January 2015: AED 68,000 a yearNew contract, May 2016: AED 65,000 a yearRenewal, May 2017: AED 65,000 a yearRenewal, May 2018: AED 60,000 a yearRenewal, May 2019: AED 50,000 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 - Ghanima (Queue Point - R097), and where 208 sits

All 14 2-beds →

208 last sold in February 2021 at AED 288 per sqft, 28% below what two-beds in Mazaya - Ghanima (Queue Point - R097) were fetching at the time (AED 402). 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. 208's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Mar 20261,035,000
15 Aug 2025940,000
28 Sep 2023575,000
25 Feb 2020420,000
1 2-bed sale in the last 12 months

Mazaya - Ghanima (Queue Point - R097)

Building

55 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%
Mazaya - Ghanima (Queue Point - R097), Liwan: prices, sales and rents →
Value
2011-bedAED 295K · Nov 2022
2022-bedAED 670K · Nov 2017
2031-bedAED 386K · May 2009
2041-bedAED 580K · Oct 2025
2052-bedAED 940K · Aug 2025
2061-bedAED 535K · Dec 2025
2071-bedAED 287K · Jan 2015
1–7 of 11

208, Mazaya - Ghanima (Queue Point - R097) in numbers

  • Sold 3 times: first on 5 May 2009 for AED 727,119, last on 22 February 2021 for AED 300,000 (AED 288 per sqft).
  • Rented since January 2015 on 5 Ejari contracts, from AED 68,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 16.7%, before a service charge of about AED 12,500 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 22 February 2021.

Questions about 208, Mazaya - Ghanima (Queue Point - R097)

What did unit 208 last sell for?

AED 300,000 on 22 February 2021: AED 288 per sqft for 1,039 sqft. The unit has 3 registered sales; the first was AED 727,119 in May 2009.

What is the rent for unit 208?

AED 50,000 a year on the contract renewed on 1 May 2019. The previous contract, from May 2018, was AED 60,000; the unit has been rented since January 2015.

How big is unit 208?

1,039 sqft (96.5 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 208 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 208, Mazaya - Ghanima (Queue Point - R097)

Starts from the last sale price (AED 300K, 22 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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