1-bed · 566 sqftMazaya - Ghanima (Queue Point - R097), Liwan · 2nd floor · completed 2014

203, Mazaya - Ghanima (Queue Point - R097)

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 386K10 May 2009
Current rentAED 47K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Mazaya - Ghanima (Queue Point - R097)

What is 203 worth today?

Last sold for AED 386,471 in 2009

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1 Jun 2025RentedNew contract
AED 47,000/yr12 months · AED 83 per sqft
8 Feb 2024RentedRenewal
AED 38,000/yr12 months · AED 67 per sqft
8 Feb 2023RentedNew contract
AED 31,000/yr12 months · AED 55 per sqft
6 Feb 2021RentedNew contract
AED 24,000/yr12 months · AED 42 per sqft
21 Jul 2020RentedRenewal
AED 27,000/yr12 months · AED 47 per sqft
21 Jul 2019RentedRenewal
AED 33,500/yr12 months · AED 59 per sqft
5 Jun 2018RentedNew contract
AED 41,000/yr12 months · AED 72 per sqft
14 May 2017RentedRenewal
AED 45,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
1-bed apartment
Size
566 sqft
Floor
2nd of 6
Parking
G-42
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 6,800 /yr
Last sold
AED 386K · May 2009

About 203, Mazaya - Ghanima (Queue Point - R097)

203 is a one-bedroom apartment of 566 sqft on the 2nd 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 386,471, or AED 683 per sqft, in line with the AED 683 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 1 June 2025, is AED 47,000 a year: a gross yield of 12.2% on the 2009 price, before the service charge of about AED 6,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Mazaya - Ghanima (Queue Point - R097)
350K400K450K2009201420192024Typical sale price by year: 2009 AED 449,481; 2014 AED 460,839; 2015 AED 450,266; 2018 AED 365,000; 2025 AED 470,000Sold by developer, May 2009: AED 386,471 (AED 683 per sqft)

203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, each contractTypical one-bed in Mazaya - Ghanima (Queue Point - R097)
20K40K2014201820222026Typical rent by year: 2014 AED 48,000; 2015 AED 53,750; 2016 AED 50,000; 2017 AED 49,000; 2018 AED 41,000; 2019 AED 33,500; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 29,000; 2023 AED 33,000; 2024 AED 41,500; 2025 AED 46,500; 2026 AED 52,000New contract, May 2016: AED 47,000 a yearRenewal, May 2017: AED 45,000 a yearNew contract, June 2018: AED 41,000 a yearRenewal, July 2019: AED 33,500 a yearRenewal, July 2020: AED 27,000 a yearNew contract, February 2021: AED 24,000 a yearNew contract, February 2023: AED 31,000 a yearRenewal, February 2024: AED 38,000 a yearNew contract, June 2025: AED 47,000 a year

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 203 sits

All 34 1-beds →

203 last sold in May 2009 at AED 683 per sqft, in line with what one-beds in Mazaya - Ghanima (Queue Point - R097) were fetching at the time (AED 683). Over the last 12 months one-beds sold for AED 535,000 to 550,000, around AED 907 per sqft, and rent for AED 43,000 to 60,000 a year. 203's AED 47,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Dec 2025535,000
4 Jul 2025470,000
27 Apr 2025470,000
18 Mar 2025455,000
2 1-bed sales in the last 12 months

Mazaya - Ghanima (Queue Point - R097)

Building

55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 2 sold in the last 12 months.

Typical price per sqft
AED 907
Typical sale
AED 543K
Typical rent
AED 52K /yr
Typical yield
8.0%
Mazaya - Ghanima (Queue Point - R097), Liwan: prices, sales and rents →
Value
2011-bedAED 295K · Nov 2022
2022-bedAED 670K · Nov 2017
204AED 580K · Oct 2025
205AED 940K · Aug 2025
2061-bedAED 535K · Dec 2025
2071-bedAED 287K · Jan 2015
2082-bedAED 300K · Feb 2021
1–7 of 11

203, Mazaya - Ghanima (Queue Point - R097) in numbers

  • Sold once: by Al Mazaya Real Estate on 10 May 2009 for AED 386,471, or AED 683 per sqft.
  • Rented since May 2016 on 9 Ejari contracts. The rent fell from AED 47,000 to AED 24,000 in 2021 and recovered to AED 47,000 by June 2025.
  • At AED 47,000 a year the gross yield on the 2009 price is 12.2%, before a service charge of about AED 6,800 a year (AED 12.01 per sqft).
  • One-beds in Mazaya - Ghanima (Queue Point - R097) sold for AED 535,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 907 per sqft.

Source: Dubai Land Department. Updated 1 June 2025.

Questions about 203, Mazaya - Ghanima (Queue Point - R097)

What did unit 203 last sell for?

AED 386,471 on 10 May 2009, sold by the developer: AED 683 per sqft for 566 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 47,000 a year on the contract signed on 1 June 2025. The previous contract, from February 2024, was AED 38,000; the unit has been rented since May 2016.

How big is unit 203?

566 sqft (52.6 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 203 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 550,000 in the last 12 months, around AED 907 per sqft.

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Mortgage on 203, Mazaya - Ghanima (Queue Point - R097)

Starts from the last sale price (AED 386K, 10 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 386,471
Deposit, UAE resident (20%)
AED 77,294
Deposit, non-resident (40%)
AED 154,588
Monthly over 25 years at 3.7%
AED 1,581

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →