505, Mazaya - Ghanima (Queue Point - R097)
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Mazaya - Ghanima (Queue Point - R097)
What is 505 worth today?
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Source: Dubai Land Department. Updated 20 December 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,744 sqft
- Floor
- 5th of 6
- Parking
- G-13,G- 14
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 20,900 /yr
- Last sold
- AED 1.25M · May 2009
About 505, Mazaya - Ghanima (Queue Point - R097)
505 is a three-bedroom apartment of 1,744 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 1,251,476, or AED 717 per sqft, in line with the AED 717 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 20 December 2025, is AED 100,000 a year: a gross yield of 8.0% on the 2009 price, before the service charge of about AED 20,900 a year.
3-beds in Mazaya - Ghanima (Queue Point - R097), and where 505 sits
All 3 3-beds →505 last sold in May 2009 at AED 717 per sqft, in line with what three-beds in Mazaya - Ghanima (Queue Point - R097) were fetching at the time (AED 717). 505's AED 100,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 May 20153 May 2015 | 1,752 sqft | 700,000 | 399 | ||
| 10 May 200910 May 2009 | 1,752 sqft | 1,251,476 | 714 | ||
| 6 May 20096 May 2009 | 1,754 sqft | 1,295,006 | 738 |
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 | |
| 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 | |
| 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 |
505, Mazaya - Ghanima (Queue Point - R097) in numbers
- Sold once: by Al Mazaya Real Estate on 10 May 2009 for AED 1,251,476, or AED 717 per sqft.
- Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 77,000 to AED 60,000 in 2021 and recovered to AED 100,000 by December 2025.
- At AED 100,000 a year the gross yield on the 2009 price is 8.0%, before a service charge of about AED 20,900 a year (AED 12.01 per sqft).
Source: Dubai Land Department. Updated 20 December 2025.
Questions about 505, Mazaya - Ghanima (Queue Point - R097)
What did unit 505 last sell for?
AED 1,251,476 on 10 May 2009, sold by the developer: AED 717 per sqft for 1,744 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 100,000 a year on the contract signed on 20 December 2025. The previous contract, from April 2025, was AED 95,000; the unit has been rented since October 2017.
How big is unit 505?
1,744 sqft (162.0 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 505, Mazaya - Ghanima (Queue Point - R097)
Starts from the last sale price (AED 1.25M, 10 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,251,476
- Deposit, UAE resident (20%)
- AED 250,295
- Deposit, non-resident (40%)
- AED 500,590
- Monthly over 25 years at 3.7%
- AED 5,120
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →