1-bed · 804 sqftMazaya - Ghanima (Queue Point - R097), Liwan · 3rd floor · completed 2014

309, Mazaya - Ghanima (Queue Point - R097)

Sold prices and rental history: sold twice, last in November 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 18 November 2019
Last soldAED 395K18 November 2019
Current rentAED 40K /yr12 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Mazaya - Ghanima (Queue Point - R097)

What is 309 worth today?

Last sold for AED 395,000 in 2019

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18 Nov 2019SoldReady
AED 395,000AED 491 per sqft
26 Dec 2018Sold by developerReady
AED 365,000AED 453 per sqft
12 Apr 2018RentedRenewal
AED 40,000/yr12 months · AED 50 per sqft
12 Apr 2017RentedRenewal
AED 50,000/yr12 months · AED 62 per sqft
12 Apr 2016RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
12 Apr 2015RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 18 November 2019.

Key facts

Type
1-bed apartment
Size
804 sqft
Floor
3rd of 6
Parking
G-22
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,700 /yr
Last sold
AED 395K · November 2019

About 309, Mazaya - Ghanima (Queue Point - R097)

309 is a one-bedroom apartment of 804 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 18 November 2019 for AED 395,000, or AED 491 per sqft, 8% above the AED 453 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 12 April 2018, is AED 40,000 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 9,700 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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 365,000 (AED 453 per sqft)Sold, November 2019: AED 395,000 (AED 491 per sqft)

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

Rents
Unit 309, 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 2015: AED 55,000 a yearNew contract, April 2016: AED 55,000 a yearRenewal, April 2017: AED 50,000 a yearRenewal, April 2018: AED 40,000 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 309 sits

All 38 1-beds →

309 last sold in November 2019 at AED 491 per sqft, 8% above what one-beds in Mazaya - Ghanima (Queue Point - R097) were fetching at the time (AED 453). 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. 309's AED 40,000 is at the bottom 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
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

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

  • Sold twice: first on 26 December 2018 for AED 365,000, last on 18 November 2019 for AED 395,000 (AED 491 per sqft).
  • Rented since April 2015 on 4 Ejari contracts, from AED 55,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 10.1%, before a service charge of about AED 9,700 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 18 November 2019.

Questions about 309, Mazaya - Ghanima (Queue Point - R097)

What did unit 309 last sell for?

AED 395,000 on 18 November 2019: AED 491 per sqft for 804 sqft. The unit has 2 registered sales; the first was AED 365,000 in December 2018.

What is the rent for unit 309?

AED 40,000 a year on the contract renewed on 12 April 2018. The previous contract, from April 2017, was AED 50,000; the unit has been rented since April 2015.

How big is unit 309?

804 sqft (74.7 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 309 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 309, Mazaya - Ghanima (Queue Point - R097)

Starts from the last sale price (AED 395K, 18 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 395,000
Deposit, UAE resident (20%)
AED 79,000
Deposit, non-resident (40%)
AED 158,000
Monthly over 25 years at 3.7%
AED 1,616

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