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2-bed · 1,044 sqftMazaya - Ghanima (Queue Point - R097), Liwan · 3rd floor · completed 2014

308, Mazaya - Ghanima (Queue Point - R097)

Sold prices and rental history: sold 3 times, last in February 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 420K25 February 2020
Current rentAED 60K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Mazaya - Ghanima (Queue Point - R097)

What is 308 worth today?

Last sold for AED 420,000 in 2020

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1 Jun 2025RentedNew contract
AED 60,000/yr12 months · AED 57 per sqft
1 Jun 2024RentedRenewal
AED 50,000/yr12 months · AED 48 per sqft
1 Jun 2022RentedNew contract
AED 42,000/yr12 months · AED 40 per sqft
1 Jun 2020RentedNew contract
AED 42,000/yr12 months · AED 40 per sqft
25 Feb 2020SoldReady
AED 420,000AED 402 per sqft
1 Mar 2018RentedRenewal
AED 60,000/yr12 months · AED 57 per sqft
1 Mar 2017RentedNew contract
AED 60,000/yr12 months · AED 57 per sqft
8 Dec 2014SoldReady
AED 738,136AED 706 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed apartment
Size
1,044 sqft
Floor
3rd of 6
Parking
G-1
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 12,500 /yr
Last sold
AED 420K · February 2020
Building
Mazaya - Ghanima (Queue Point - R097)

About 308, Mazaya - Ghanima (Queue Point - R097)

308 is a two-bedroom apartment of 1,044 sqft on the 3rd 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 25 February 2020 for AED 420,000, or AED 402 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 June 2025, is AED 60,000 a year: a gross yield of 14.3% on the 2020 price, before the service charge of about AED 12,500 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Mazaya - Ghanima (Queue Point - R097)
400K600K800K2009201220152018Typical sale price by year: 2009 AED 732,628; 2014 AED 727,119; 2015 AED 358,051Sold by developer, May 2009: AED 738,136 (AED 706 per sqft)Sold, December 2014: AED 738,136 (AED 706 per sqft)Sold, February 2020: AED 420,000 (AED 402 per sqft)

308 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 308, each contractTypical two-bed in Mazaya - Ghanima (Queue Point - R097)
40K60K2015201820212024Typical rent by year: 2015 AED 70,000; 2016 AED 68,075; 2017 AED 65,000; 2018 AED 60,000; 2019 AED 52,500; 2020 AED 42,500; 2021 AED 41,000; 2022 AED 43,000; 2023 AED 48,000; 2024 AED 55,000; 2025 AED 60,000New contract, March 2017: AED 60,000 a yearRenewal, March 2018: AED 60,000 a yearNew contract, June 2020: AED 42,000 a yearNew contract, June 2022: AED 42,000 a yearRenewal, June 2024: AED 50,000 a yearNew contract, June 2025: AED 60,000 a year

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 308 sits

All 13 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
22 Feb 2021300,000
25 Feb 2020420,000
9 Nov 2017670,000
4 Jun 2017375,000
0 2-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 →

Other units on the 3rd floor

All 55 units in Mazaya - Ghanima (Queue Point - R097)
Value
3011-bedAED 450K · Dec 2018
3021-bedAED 771K · Dec 2014
3031-bedAED 392K · May 2009
3041-bedAED 600K · Feb 2025
3052-bedAED 420K · Feb 2020
306AED 550K · Feb 2026
307AED 575K · Sep 2025
1–7 of 11

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

  • Sold 3 times: first on 6 May 2009 for AED 738,136, last on 25 February 2020 for AED 420,000 (AED 402 per sqft).
  • Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 42,000 in 2022 and recovered to AED 60,000 by June 2025.
  • At AED 60,000 a year the gross yield on the 2020 price is 14.3%, before a service charge of about AED 12,500 a year (AED 12.01 per sqft).

Source: Dubai Land Department. Updated 1 June 2025.

Questions about 308, Mazaya - Ghanima (Queue Point - R097)

What did unit 308 last sell for?

AED 420,000 on 25 February 2020: AED 402 per sqft for 1,044 sqft. The unit has 3 registered sales; the first was AED 738,136 in May 2009.

What is the rent for unit 308?

AED 60,000 a year on the contract signed on 1 June 2025. The previous contract, from June 2024, was AED 50,000; the unit has been rented since March 2017.

How big is unit 308?

1,044 sqft (97.0 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 308 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 308, Mazaya - Ghanima (Queue Point - R097)

Starts from the last sale price (AED 420K, 25 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

Plus AED 20,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →