1-bed · 612 sqftMazaya - Ghanima (Queue Point - R097), Liwan · 4th floor · completed 2014

405, Mazaya - Ghanima (Queue Point - R097)

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 438K17 December 2014
Current rentAED 38K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Mazaya - Ghanima (Queue Point - R097)

What is 405 worth today?

Last sold for AED 438,122 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Sep 2025RentedNew contract
AED 38,369/yr12 months · AED 63 per sqft
5 Sep 2024RentedRenewal
AED 36,369/yr12 months · AED 59 per sqft
5 Sep 2023RentedRenewal
AED 31,625/yr12 months · AED 52 per sqft
5 Sep 2022RentedRenewal
AED 28,750/yr12 months · AED 47 per sqft
5 Sep 2021RentedRenewal
AED 25,000/yr12 months · AED 41 per sqft
5 Sep 2020RentedRenewal
AED 28,000/yr12 months · AED 46 per sqft
5 Sep 2019RentedNew contract
AED 36,000/yr12 months · AED 59 per sqft
1 Jul 2018RentedRenewal
AED 40,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
1-bed apartment
Size
612 sqft
Floor
4th of 6
Parking
G-41
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,300 /yr
Last sold
AED 438K · December 2014

About 405, Mazaya - Ghanima (Queue Point - R097)

405 is a one-bedroom apartment of 612 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 17 December 2014 for AED 438,122, or AED 716 per sqft, in line with the AED 700 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 5 September 2025, is AED 38,369 a year: a gross yield of 8.8% on the 2014 price, before the service charge of about AED 7,300 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, May 2009: AED 438,122 (AED 716 per sqft)Sold, December 2014: AED 438,122 (AED 716 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in Mazaya - Ghanima (Queue Point - R097)
40K2014201820222026Typical 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, February 2015: AED 48,000 a yearNew contract, July 2017: AED 40,000 a yearRenewal, July 2018: AED 40,000 a yearNew contract, September 2019: AED 36,000 a yearRenewal, September 2020: AED 28,000 a yearRenewal, September 2021: AED 25,000 a yearRenewal, September 2022: AED 28,750 a yearRenewal, September 2023: AED 31,625 a yearRenewal, September 2024: AED 36,369 a yearNew contract, September 2025: AED 38,369 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 405 sits

All 38 1-beds →

405 last sold in December 2014 at AED 716 per sqft, in line with what one-beds in Mazaya - Ghanima (Queue Point - R097) were fetching at the time (AED 700). 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. 405's AED 38,369 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
4011-bedAED 288K · Nov 2014
4023-bedAED 1.3M · May 2009
4032-bedAED 1.04M · Mar 2026
4041-bedAED 670K · Oct 2021
4062-bedAED 375K · Jun 2017
4071-bedAED 288K · Feb 2015
4081-bedAED 230K · Nov 2014
1–7 of 8

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

  • Sold twice: first on 6 May 2009 for AED 438,122, last on 17 December 2014 for AED 438,122 (AED 716 per sqft).
  • Rented since February 2015 on 10 Ejari contracts. The rent fell from AED 48,000 to AED 25,000 in 2021 and recovered to AED 38,369 by September 2025.
  • At AED 38,369 a year the gross yield on the 2014 price is 8.8%, before a service charge of about AED 7,300 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 September 2025.

Questions about 405, Mazaya - Ghanima (Queue Point - R097)

What did unit 405 last sell for?

AED 438,122 on 17 December 2014: AED 716 per sqft for 612 sqft. The unit has 2 registered sales; the first was AED 438,122 in May 2009.

What is the rent for unit 405?

AED 38,369 a year on the contract signed on 5 September 2025. The previous contract, from September 2024, was AED 36,369; the unit has been rented since February 2015.

How big is unit 405?

612 sqft (56.9 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 405 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.

Selling 405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 405, Mazaya - Ghanima (Queue Point - R097)

Starts from the last sale price (AED 438K, 17 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 438,122
Deposit, UAE resident (20%)
AED 87,624
Deposit, non-resident (40%)
AED 175,249
Monthly over 25 years at 3.7%
AED 1,792

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