503, Mazaya - Ghanima (Queue Point - R097)
Sold prices and rental history: sold once, by the developer in May 2009, 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 503, Mazaya - Ghanima (Queue Point - R097)
What is 503 worth today?
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Source: Dubai Land Department. Updated 5 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,626 sqft
- Floor
- 5th of 6
- Parking
- G-10
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 19,500 /yr
- Last sold
- AED 1.14M · May 2009
About 503, Mazaya - Ghanima (Queue Point - R097)
503 is a two-bedroom apartment of 1,626 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. The developer sold it on 10 May 2009 for AED 1,143,605, or AED 703 per sqft, in line with the AED 699 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 60,000 a year: a gross yield of 5.3% on the 2009 price, before the service charge of about AED 19,500 a year.
Sales and rents for 503 over time
503 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mazaya - Ghanima (Queue Point - R097), and where 503 sits
All 14 2-beds →503 last sold in May 2009 at AED 703 per sqft, in line with what two-beds in Mazaya - Ghanima (Queue Point - R097) were fetching at the time (AED 699). Over the last 12 months two-beds sold for AED 1,035,000, around AED 636 per sqft, and rent for AED 51,360 to 70,000 a year. 503's AED 60,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Mar 202626 March 2026 | 1,626 sqft | 1,035,000 | 636 | ||
| 15 Aug 202515 August 2025 | 1,042 sqft | 940,000 | 901 | ||
| 28 Sep 202328 September 2023 | 1,042 sqft | 575,000 | 551 | ||
| 22 Feb 202122 February 2021 | 1,039 sqft | 300,000 | 288 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 833 sqft | AED 584KAED 583,775 · Feb 2015February 2015 | 25,000 /yr | |
| 502 | 3-bed | 1,752 sqft | AED 700KAED 700,000 · May 2015May 2015 | 97,000 /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 |
503, Mazaya - Ghanima (Queue Point - R097) in numbers
- Sold once: by Al Mazaya Real Estate on 10 May 2009 for AED 1,143,605, or AED 703 per sqft.
- Rented since November 2015 on 11 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2021 and recovered to AED 60,000 by November 2025.
- At AED 60,000 a year the gross yield on the 2009 price is 5.3%, before a service charge of about AED 19,500 a year (AED 12.01 per sqft).
- Two-beds in Mazaya - Ghanima (Queue Point - R097) sold for AED 1,035,000–1,035,000 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 November 2025.
Questions about 503, Mazaya - Ghanima (Queue Point - R097)
What did unit 503 last sell for?
AED 1,143,605 on 10 May 2009, sold by the developer: AED 703 per sqft for 1,626 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 60,000 a year on the contract renewed on 5 November 2025. The previous contract, from November 2024, was AED 58,000; the unit has been rented since November 2015.
How big is unit 503?
1,626 sqft (151.1 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya - Ghanima (Queue Point - R097) sold for AED 1,035,000 to 1,035,000 in the last 12 months, around AED 636 per sqft.
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Mortgage on 503, Mazaya - Ghanima (Queue Point - R097)
Starts from the last sale price (AED 1.14M, 10 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,143,605
- Deposit, UAE resident (20%)
- AED 228,721
- Deposit, non-resident (40%)
- AED 457,442
- Monthly over 25 years at 3.7%
- AED 4,679
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →