409, Mazaya 18 (Queue Point - R052)
Sold prices and rental history: sold once, by the developer in September 2016, 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 409, Mazaya 18 (Queue Point - R052)
What is 409 worth today?
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Source: Dubai Land Department. Updated 1 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 675 sqft
- Floor
- 4th of 6
- Parking
- 1
- Developer
- Al Mazaya Real Estate
- Completed
- 2016
- Service charge
- AED 7,000 /yr
- Last sold
- AED 520K · September 2016
- Building
- Mazaya 18 (Queue Point - R052)
About 409, Mazaya 18 (Queue Point - R052)
409 is a one-bedroom apartment of 675 sqft on the 4th floor of Mazaya 18 (Queue Point - R052), a 6-storey tower in Liwan completed in 2016 by Al Mazaya Real Estate. The developer sold it on 1 September 2016 for AED 520,000, or AED 770 per sqft, in line with the AED 772 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 January 2024, is AED 43,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 7,000 a year.
Sales and rents for 409 over time
409 has sold once; 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 18 (Queue Point - R052), and where 409 sits
All 41 1-beds →409 last sold in September 2016 at AED 770 per sqft, in line with what one-beds in Mazaya 18 (Queue Point - R052) were fetching at the time (AED 772). 409's AED 43,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jun 202517 June 2025 | 675 sqft | 525,000 | 778 | ||
| 11 Jun 202511 June 2025 | 635 sqft | 470,000 | 739 | ||
| 18 Mar 202518 March 2025 | 1,066 sqft | 680,000 | 638 | ||
| 23 Aug 202423 August 2024 | 675 sqft | 400,000 | 592 |
Mazaya 18 (Queue Point - R052)
Building67 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2016 by Al Mazaya Real Estate. 1 sold in the last 12 months.
- Typical price per sqft
- AED 818
- Typical sale
- AED 1.35M
- Typical rent
- AED 50K /yr
- Typical yield
- 8.7%
Other units on the 4th floor
All 67 units in Mazaya 18 (Queue Point - R052)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,648 sqft | AED 1.05MAED 1,050,000 · Aug 2023August 2023 | ||
| 402 | 2-bed | 1,011 sqft | AED 765KAED 765,000 · May 2017May 2017 | 48,300 /yr | |
| 403 | 1-bed | 613 sqft | AED 315KAED 315,000 · Dec 2022December 2022 | 48,000 /yr | |
| 404 | 1-bed | 651 sqft | AED 350KAED 350,000 · Jun 2023June 2023 | 45,000 /yr | |
| 405 | 1-bed | 683 sqft | AED 535KAED 535,000 · Aug 2016August 2016 | ||
| 406 | 1-bed | 671 sqft | AED 519KAED 519,000 · Aug 2016August 2016 | 46,000 /yr | |
| 407 | 2-bed | 929 sqft | AED 361KAED 361,000 · Apr 2018April 2018 | 41,000 /yr | |
| 408 | 2-bed | 1,590 sqft | AED 919KAED 918,500 · Jul 2017July 2017 | 75,000 /yr | |
| 410 | 1-bed | 123 sqft | AED 505KAED 505,143 · Feb 2016February 2016 | 50,000 /yr |
409, Mazaya 18 (Queue Point - R052) in numbers
- Sold once: by Al Mazaya Real Estate on 1 September 2016 for AED 520,000, or AED 770 per sqft.
- Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 46,000 to AED 26,000 in 2021 and recovered to AED 43,000 by January 2024.
- At AED 43,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 7,000 a year (AED 10.41 per sqft).
Source: Dubai Land Department. Updated 1 January 2024.
Questions about 409, Mazaya 18 (Queue Point - R052)
What did unit 409 last sell for?
AED 520,000 on 1 September 2016, sold by the developer: AED 770 per sqft for 675 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 43,000 a year on the contract signed on 1 January 2024. The previous contract, from December 2022, was AED 27,000; the unit has been rented since August 2017.
How big is unit 409?
675 sqft (62.7 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2016.
What is unit 409 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 409, Mazaya 18 (Queue Point - R052)
Starts from the last sale price (AED 520K, 1 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 520,000
- Deposit, UAE resident (20%)
- AED 104,000
- Deposit, non-resident (40%)
- AED 208,000
- Monthly over 25 years at 3.7%
- AED 2,127
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →