501, Mazaya - Ghanima (Queue Point - R097)
Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Mazaya - Ghanima (Queue Point - R097)
What is 501 worth today?
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Source: Dubai Land Department. Updated 1 August 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 833 sqft
- Floor
- 5th of 6
- Parking
- G-50
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 10,000 /yr
- Last sold
- AED 584K · February 2015
About 501, Mazaya - Ghanima (Queue Point - R097)
501 is a one-bedroom apartment of 833 sqft on the 5th 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 9 February 2015 for AED 583,775, or AED 700 per sqft, in line with the AED 690 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 August 2021, is AED 25,000 a year: a gross yield of 4.3% on the 2015 price, before the service charge of about AED 10,000 a year.
Sales and rents for 501 over time
501 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 501 sits
All 38 1-beds →501 last sold in February 2015 at AED 700 per sqft, in line with what one-beds in Mazaya - Ghanima (Queue Point - R097) were fetching at the time (AED 690). 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. 501's AED 25,000 is at the bottom 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 5th floor
All 55 units in Mazaya - Ghanima (Queue Point - R097)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 1,752 sqft | AED 700KAED 700,000 · May 2015May 2015 | 97,000 /yr | |
| 503 | 2-bed | 1,626 sqft | AED 1.14MAED 1,143,605 · May 2009May 2009 | 60,000 /yr | |
| 504 | 2-bed | 1,631 sqft | AED 1.14MAED 1,143,605 · May 2009May 2009 | 60,000 /yr | |
| 505 | 3-bed | 1,744 sqft | AED 1.25MAED 1,251,476 · May 2009May 2009 | 100,000 /yr | |
| 506 | 1-bed | 833 sqft | AED 584KAED 583,775 · May 2009May 2009 | 26,000 /yr | |
| 507 | 1-bed | 616 sqft | AED 231KAED 231,069 · Feb 2015February 2015 | 48,000 /yr | |
| 508 | 1-bed | 620 sqft | AED 462KAED 462,137 · Mar 2015March 2015 | 48,000 /yr |
501, Mazaya - Ghanima (Queue Point - R097) in numbers
- Sold twice: first on 10 May 2009 for AED 583,775, last on 9 February 2015 for AED 583,775 (AED 700 per sqft).
- Rented since February 2015 on 6 Ejari contracts, from AED 55,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2015 price is 4.3%, before a service charge of about AED 10,000 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 2021.
Questions about 501, Mazaya - Ghanima (Queue Point - R097)
What did unit 501 last sell for?
AED 583,775 on 9 February 2015: AED 700 per sqft for 833 sqft. The unit has 2 registered sales; the first was AED 583,775 in May 2009.
What is the rent for unit 501?
AED 25,000 a year on the contract signed on 1 August 2021. The previous contract, from May 2020, was AED 35,000; the unit has been rented since February 2015.
How big is unit 501?
833 sqft (77.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 501 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 501, Mazaya - Ghanima (Queue Point - R097)
Starts from the last sale price (AED 584K, 9 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 583,775
- Deposit, UAE resident (20%)
- AED 116,755
- Deposit, non-resident (40%)
- AED 233,510
- Monthly over 25 years at 3.7%
- AED 2,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →