504, 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.
Property timeline for 504, Mazaya - Ghanima (Queue Point - R097)
What is 504 worth today?
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Source: Dubai Land Department. Updated 8 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,631 sqft
- Floor
- 5th of 6
- Parking
- G-8
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 19,600 /yr
- Last sold
- AED 1.14M · May 2009
About 504, Mazaya - Ghanima (Queue Point - R097)
504 is a two-bedroom apartment of 1,631 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 701 per sqft, in line with the AED 700 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 8 August 2025, is AED 60,000 a year: a gross yield of 5.3% on the 2009 price, before the service charge of about AED 19,600 a year.
Sales and rents for 504 over time
504 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 504 sits
All 13 2-beds →504 last sold in May 2009 at AED 701 per sqft, in line with what two-beds in Mazaya - Ghanima (Queue Point - R097) were fetching at the time (AED 700).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Feb 202122 February 2021 | 1,039 sqft | 300,000 | 288 | ||
| 25 Feb 202025 February 2020 | 1,044 sqft | 420,000 | 402 | ||
| 25 Feb 202025 February 2020 | 1,037 sqft | 420,000 | 404 | ||
| 9 Nov 20179 November 2017 | 1,018 sqft | 670,000 | 658 |
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. 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%
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 | |
| 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 | 52,000 /yr |
504, 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 701 per sqft.
- Rented since March 2016 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 30,000 in 2023 and recovered to AED 60,000 by August 2025.
- At AED 60,000 a year the gross yield on the 2009 price is 5.3%, before a service charge of about AED 19,600 a year (AED 12.01 per sqft).
Source: Dubai Land Department. Updated 8 August 2025.
Questions about 504, Mazaya - Ghanima (Queue Point - R097)
What did unit 504 last sell for?
AED 1,143,605 on 10 May 2009, sold by the developer: AED 701 per sqft for 1,631 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 60,000 a year on the contract renewed on 8 August 2025. The previous contract, from August 2023, was AED 30,000; the unit has been rented since March 2016.
How big is unit 504?
1,631 sqft (151.5 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 504 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 504, 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 →