1-bed · 1,633 sqftMazaya - Ghanima (Queue Point - R097), Liwan · 4th floor · completed 2014

404, Mazaya - Ghanima (Queue Point - R097)

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

Unit 404 · DLD and Ejari recordsUpdated 5 October 2021
Last soldAED 670K5 October 2021
Current rentAED 70K /yr12 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Mazaya - Ghanima (Queue Point - R097)

What is 404 worth today?

Last sold for AED 670,000 in 2021

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5 Oct 2021SoldReady
AED 670,000AED 410 per sqft
6 Feb 2020Sold by developerReady
AED 800,000AED 489 per sqft
12 Mar 2019RentedRenewal
AED 70,000/yr12 months · AED 43 per sqft
1 Jan 2016RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
1 Jan 2015RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 5 October 2021.

Key facts

Type
1-bed apartment
Size
1,633 sqft
Floor
4th of 6
Parking
G-12
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 19,600 /yr
Last sold
AED 670K · October 2021

About 404, Mazaya - Ghanima (Queue Point - R097)

404 is a one-bedroom apartment of 1,633 sqft on the 4th 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 5 October 2021 for AED 670,000, or AED 410 per sqft.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 12 March 2019, is AED 70,000 a year: a gross yield of 10.4% on the 2021 price, before the service charge of about AED 19,600 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Mazaya - Ghanima (Queue Point - R097)
400K600K800K2009201420192024Typical 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, February 2020: AED 800,000 (AED 489 per sqft)Sold, October 2021: AED 670,000 (AED 410 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Mazaya - Ghanima (Queue Point - R097)
50K2014201820222026Typical 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, January 2015: AED 85,000 a yearNew contract, January 2016: AED 85,000 a yearRenewal, March 2019: AED 70,000 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 404 sits

All 38 1-beds →

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. 404's AED 70,000 is at the top 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
4011-bedAED 288K · Nov 2014
4023-bedAED 1.3M · May 2009
4032-bedAED 1.04M · Mar 2026
4051-bedAED 438K · Dec 2014
4062-bedAED 375K · Jun 2017
4071-bedAED 288K · Feb 2015
4081-bedAED 230K · Nov 2014
1–7 of 8

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

  • Sold twice: first on 6 February 2020 for AED 800,000, last on 5 October 2021 for AED 670,000 (AED 410 per sqft).
  • Rented since January 2015 on 3 Ejari contracts, from AED 85,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 10.4%, before a service charge of about AED 19,600 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 5 October 2021.

Questions about 404, Mazaya - Ghanima (Queue Point - R097)

What did unit 404 last sell for?

AED 670,000 on 5 October 2021: AED 410 per sqft for 1,633 sqft. The unit has 2 registered sales; the first was AED 800,000 in February 2020.

What is the rent for unit 404?

AED 70,000 a year on the contract renewed on 12 March 2019. The previous contract, from January 2016, was AED 85,000; the unit has been rented since January 2015.

How big is unit 404?

1,633 sqft (151.7 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 404 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 404, Mazaya - Ghanima (Queue Point - R097)

Starts from the last sale price (AED 670K, 5 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

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