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

308, Mazaya - Ghanima (Queue Point - R097)

Sold prices and rental history: sold 3 times, last in February 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 420K25 February 2020
Current rentAED 60K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya - Ghanima (Queue Point - R097)

What is 308 worth today?

Last sold for AED 420,000 in 2020

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1 Jun 2026RentedRenewal
AED 60,000/yr12 months · AED 57 per sqft
1 Jun 2025RentedNew contract
AED 60,000/yr12 months · AED 57 per sqft
1 Jun 2025RentedNew contract
AED 60,000/yr12 months · AED 57 per sqft
1 Jun 2024RentedRenewal
AED 50,000/yr12 months · AED 48 per sqft
1 Jun 2023RentedRenewal
AED 50,000/yr12 months · AED 48 per sqft
1 Jun 2022RentedNew contract
AED 42,000/yr12 months · AED 40 per sqft
1 Jun 2020RentedNew contract
AED 42,000/yr12 months · AED 40 per sqft
25 Feb 2020SoldReady
AED 420,000AED 402 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
1,044 sqft
Floor
3rd of 6
Parking
G-1
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,500 /yr
Last sold
AED 420K · February 2020

About 308, Mazaya - Ghanima (Queue Point - R097)

308 is a two-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. It last sold on 25 February 2020 for AED 420,000, or AED 402 per sqft.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 60,000 a year: a gross yield of 14.3% on the 2020 price, before the service charge of about AED 12,500 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Mazaya - Ghanima (Queue Point - R097)
400K600K800K2009201220152018Typical sale price by year: 2009 AED 727,119; 2014 AED 727,119; 2015 AED 358,051Sold by developer, May 2009: AED 738,136 (AED 706 per sqft)Sold, December 2014: AED 738,136 (AED 706 per sqft)Sold, February 2020: AED 420,000 (AED 402 per sqft)

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

Rents
Unit 308, 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, March 2017: AED 60,000 a yearRenewal, March 2018: AED 60,000 a yearNew contract, June 2020: AED 42,000 a yearNew contract, June 2022: AED 42,000 a yearRenewal, June 2023: AED 50,000 a yearRenewal, June 2024: AED 50,000 a yearNew contract, June 2025: AED 60,000 a yearNew contract, June 2025: AED 60,000 a yearRenewal, June 2026: AED 60,000 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 308 sits

All 14 2-beds →

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. 308's AED 60,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Mar 20261,035,000
15 Aug 2025940,000
28 Sep 2023575,000
22 Feb 2021300,000
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
3011-bedAED 450K · Dec 2018
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
1–7 of 11

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

  • Sold 3 times: first on 6 May 2009 for AED 738,136, last on 25 February 2020 for AED 420,000 (AED 402 per sqft).
  • Rented since March 2017 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 42,000 in 2022 and recovered to AED 60,000 by June 2026.
  • At AED 60,000 a year the gross yield on the 2020 price is 14.3%, 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 1 June 2026.

Questions about 308, Mazaya - Ghanima (Queue Point - R097)

What did unit 308 last sell for?

AED 420,000 on 25 February 2020: AED 402 per sqft for 1,044 sqft. The unit has 3 registered sales; the first was AED 738,136 in May 2009.

What is the rent for unit 308?

AED 60,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 60,000; the unit has been rented since March 2017.

How big is unit 308?

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

What is unit 308 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 308, Mazaya - Ghanima (Queue Point - R097)

Starts from the last sale price (AED 420K, 25 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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