1-bed · 1,044 sqftMazaya - Ghanima (Queue Point - R097), Liwan · 3rd floor · completed 2014

301, Mazaya - Ghanima (Queue Point - R097)

Sold prices and rental history: sold once, by the developer in December 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 10 December 2018
Last soldAED 450K10 December 2018
Current rentAED 52K /yr1 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Mazaya - Ghanima (Queue Point - R097)

What is 301 worth today?

Last sold for AED 450,000 in 2018

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10 Dec 2018Sold by developerReady
AED 450,000AED 431 per sqft
1 Nov 2017RentedNew contract
AED 52,000/yr12 months · AED 50 per sqft
3 Apr 2016RentedNew contract
AED 62,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 10 December 2018.

Key facts

Type
1-bed apartment
Size
1,044 sqft
Floor
3rd of 6
Parking
G-15
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,500 /yr
Last sold
AED 450K · December 2018

About 301, Mazaya - Ghanima (Queue Point - R097)

301 is a one-bedroom apartment of 1,044 sqft on the 3rd floor of Mazaya - Ghanima (Queue Point - R097), a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 10 December 2018 for AED 450,000, or AED 431 per sqft, in line with the AED 431 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 November 2017, is AED 52,000 a year: a gross yield of 11.6% on the 2018 price, before the service charge of about AED 12,500 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in Mazaya - Ghanima (Queue Point - R097)
400K600K2009201420192024Typical sale price by year: 2009 AED 415,044; 2014 AED 426,583; 2015 AED 438,394; 2018 AED 365,000; 2025 AED 527,500; 2026 AED 640,000Sold by developer, December 2018: AED 450,000 (AED 431 per sqft)

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

Rents
Unit 301, each contractTypical one-bed in Mazaya - Ghanima (Queue Point - R097)
20K40K60K2014201820222026Typical rent by year: 2014 AED 48,000; 2015 AED 51,887; 2016 AED 49,500; 2017 AED 47,000; 2018 AED 42,000; 2019 AED 34,000; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 28,775; 2023 AED 33,000; 2024 AED 40,000; 2025 AED 47,000; 2026 AED 48,000New contract, April 2016: AED 62,000 a yearNew contract, November 2017: AED 52,000 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 - Ghanima (Queue Point - R097), and where 301 sits

All 38 1-beds →

301 last sold in December 2018 at AED 431 per sqft, in line with what one-beds in Mazaya - Ghanima (Queue Point - R097) were fetching at the time (AED 431). Over the last 12 months one-beds sold for AED 535,000 to 640,000, around AED 843 per sqft, and rent for AED 43,000 to 62,000 a year. 301's AED 52,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Apr 2026640,000
31 Mar 2026640,000
3 Feb 2026550,000
22 Dec 2025535,000
4 1-bed sales 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
3021-bedAED 771K · Dec 2014
3031-bedAED 392K · May 2009
3041-bedAED 640K · Mar 2026
3052-bedAED 420K · Feb 2020
3061-bedAED 550K · Feb 2026
3071-bedAED 575K · Sep 2025
3082-bedAED 420K · Feb 2020
1–7 of 11

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

  • Sold once: by Al Mazaya Real Estate on 10 December 2018 for AED 450,000, or AED 431 per sqft.
  • Rented since April 2016 on 2 Ejari contracts, from AED 62,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2018 price is 11.6%, before a service charge of about AED 12,500 a year (AED 12.01 per sqft).
  • One-beds in Mazaya - Ghanima (Queue Point - R097) sold for AED 535,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 794 per sqft.

Source: Dubai Land Department. Updated 10 December 2018.

Questions about 301, Mazaya - Ghanima (Queue Point - R097)

What did unit 301 last sell for?

AED 450,000 on 10 December 2018, sold by the developer: AED 431 per sqft for 1,044 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 52,000 a year on the contract signed on 1 November 2017. The previous contract, from April 2016, was AED 62,000.

How big is unit 301?

1,044 sqft (97.0 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya - Ghanima (Queue Point - R097) sold for AED 535,000 to 640,000 in the last 12 months, around AED 843 per sqft.

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Mortgage on 301, Mazaya - Ghanima (Queue Point - R097)

Starts from the last sale price (AED 450K, 10 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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