311, Mazaya - Ghanima (Queue Point - R097)
Sold prices and rental history: sold twice, last in August 2023, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 311, Mazaya - Ghanima (Queue Point - R097)
What is 311 worth today?
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Source: Dubai Land Department. Updated 1 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,067 sqft
- Floor
- 3rd of 6
- Parking
- G-2
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 12,800 /yr
- Last sold
- AED 500K · August 2023
About 311, Mazaya - Ghanima (Queue Point - R097)
311 is a one-bedroom apartment of 1,067 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 1 August 2023 for AED 500,000, or AED 468 per sqft, 7% below the AED 501 one-beds in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 28 August 2017, is AED 55,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 12,800 a year.
Sales and rents for 311 over time
311 has sold twice; the dashed line is the one-bed median of each year in the building.
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 311 sits
All 38 1-beds →311 last sold in August 2023 at AED 468 per sqft, 7% below what one-beds in Mazaya - Ghanima (Queue Point - R097) were fetching at the time (AED 501). 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. 311's AED 55,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Apr 20262 April 2026 | 824 sqft | 640,000 | 776 | ||
| 31 Mar 202631 March 2026 | 805 sqft | 640,000 | 794 | ||
| 3 Feb 20263 February 2026 | 596 sqft | 550,000 | 922 | ||
| 22 Dec 202522 December 2025 | 600 sqft | 535,000 | 892 |
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 3rd floor
All 55 units in Mazaya - Ghanima (Queue Point - R097)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 1,044 sqft | AED 450KAED 450,000 · Dec 2018December 2018 | 52,000 /yr | |
| 302 | 1-bed | 1,067 sqft | AED 771KAED 771,046 · Dec 2014December 2014 | 51,000 /yr | |
| 303 | 1-bed | 574 sqft | AED 392KAED 392,326 · May 2009May 2009 | 45,000 /yr | |
| 304 | 1-bed | 805 sqft | AED 640KAED 640,000 · Mar 2026March 2026 | 55,000 /yr | |
| 305 | 2-bed | 1,037 sqft | AED 420KAED 420,000 · Feb 2020February 2020 | 60,000 /yr | |
| 306 | 1-bed | 596 sqft | AED 550KAED 550,000 · Feb 2026February 2026 | 55,000 /yr | |
| 307 | 1-bed | 592 sqft | AED 575KAED 575,000 · Sep 2025September 2025 | 50,000 /yr | |
| 308 | 2-bed | 1,044 sqft | AED 420KAED 420,000 · Feb 2020February 2020 | 60,000 /yr | |
| 309 | 1-bed | 804 sqft | AED 395KAED 395,000 · Nov 2019November 2019 | 40,000 /yr | |
| 310 | 1-bed | 575 sqft | AED 392KAED 392,326 · May 2009May 2009 | 34,000 /yr | |
| 312 | 1-bed | 824 sqft | AED 640KAED 640,000 · Apr 2026April 2026 | 52,800 /yr |
311, Mazaya - Ghanima (Queue Point - R097) in numbers
- Sold twice: first on 16 June 2015 for AED 438,394, last on 1 August 2023 for AED 500,000 (AED 468 per sqft).
- Rented since August 2015 on 3 Ejari contracts, from AED 58,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 12,800 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 1 August 2023.
Questions about 311, Mazaya - Ghanima (Queue Point - R097)
What did unit 311 last sell for?
AED 500,000 on 1 August 2023: AED 468 per sqft for 1,067 sqft. The unit has 2 registered sales; the first was AED 438,394 in June 2015.
What is the rent for unit 311?
AED 55,000 a year on the contract renewed on 28 August 2017. The previous contract, from August 2016, was AED 60,000; the unit has been rented since August 2015.
How big is unit 311?
1,067 sqft (99.1 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.
What is unit 311 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 311, Mazaya - Ghanima (Queue Point - R097)
Starts from the last sale price (AED 500K, 1 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →