408, Mazaya - Ghanima (Queue Point - R097)
Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Mazaya - Ghanima (Queue Point - R097)
What is 408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 616 sqft
- Floor
- 4th of 6
- Parking
- G-26
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 7,400 /yr
- Last sold
- AED 230K · November 2014
About 408, Mazaya - Ghanima (Queue Point - R097)
408 is a one-bedroom apartment of 616 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 November 2014 for AED 230,420, or AED 373 per sqft, 50% below the AED 752 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 15 June 2026, is AED 47,000 a year: a gross yield of 20.4% on the 2014 price, before the service charge of about AED 7,400 a year.
Sales and rents for 408 over time
408 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 408 sits
All 38 1-beds →408 last sold in November 2014 at AED 373 per sqft, 50% below what one-beds in Mazaya - Ghanima (Queue Point - R097) were fetching at the time (AED 752). 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. 408's AED 47,000 is in the lower 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 4th floor
All 55 units in Mazaya - Ghanima (Queue Point - R097)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 828 sqft | AED 288KAED 287,657 · Nov 2014November 2014 | 60,000 /yr | |
| 402 | 3-bed | 1,754 sqft | AED 1.3MAED 1,295,006 · May 2009May 2009 | 95,000 /yr | |
| 403 | 2-bed | 1,626 sqft | AED 1.04MAED 1,035,000 · Mar 2026March 2026 | 63,000 /yr | |
| 404 | 1-bed | 1,633 sqft | AED 670KAED 670,000 · Oct 2021October 2021 | 70,000 /yr | |
| 405 | 1-bed | 612 sqft | AED 438KAED 438,122 · Dec 2014December 2014 | 38,369 /yr | |
| 406 | 2-bed | 1,091 sqft | AED 375KAED 375,000 · Jun 2017June 2017 | 65,000 /yr | |
| 407 | 1-bed | 828 sqft | AED 288KAED 287,657 · Feb 2015February 2015 | 40,000 /yr | |
| 409 | 1-bed | 616 sqft | AED 461KAED 460,839 · Oct 2014October 2014 | 27,000 /yr |
408, Mazaya - Ghanima (Queue Point - R097) in numbers
- Sold twice: first on 5 May 2009 for AED 460,839, last on 17 November 2014 for AED 230,420 (AED 373 per sqft).
- Rented since November 2014 on 12 Ejari contracts. The rent fell from AED 50,000 to AED 26,000 in 2020 and recovered to AED 47,000 by June 2026.
- At AED 47,000 a year the gross yield on the 2014 price is 20.4%, before a service charge of about AED 7,400 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 15 June 2026.
Questions about 408, Mazaya - Ghanima (Queue Point - R097)
What did unit 408 last sell for?
AED 230,420 on 17 November 2014: AED 373 per sqft for 616 sqft. The unit has 2 registered sales; the first was AED 460,839 in May 2009.
What is the rent for unit 408?
AED 47,000 a year on the contract renewed on 15 June 2026. The previous contract, from June 2025, was AED 47,000; the unit has been rented since November 2014.
How big is unit 408?
616 sqft (57.2 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.
What is unit 408 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 408? 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.
Mortgage on 408, Mazaya - Ghanima (Queue Point - R097)
Starts from the last sale price (AED 230K, 17 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 230,420
- Deposit, UAE resident (20%)
- AED 46,084
- Deposit, non-resident (40%)
- AED 92,168
- Monthly over 25 years at 3.7%
- AED 943
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →