508, Mazaya - Ghanima (Queue Point - R097)
Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Mazaya - Ghanima (Queue Point - R097)
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 620 sqft
- Floor
- 5th of 6
- Parking
- G-24
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 7,500 /yr
- Last sold
- AED 462K · March 2015
About 508, Mazaya - Ghanima (Queue Point - R097)
508 is a one-bedroom apartment of 620 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. It last sold on 2 March 2015 for AED 462,137, or AED 744 per sqft, 6% above the AED 700 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 January 2026, is AED 52,000 a year: a gross yield of 11.3% on the 2015 price, before the service charge of about AED 7,500 a year.
Sales and rents for 508 over time
508 has sold twice; 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 - Ghanima (Queue Point - R097), and where 508 sits
All 34 1-beds →508 last sold in March 2015 at AED 744 per sqft, 6% above what one-beds in Mazaya - Ghanima (Queue Point - R097) were fetching at the time (AED 700). 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. 508's AED 52,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Dec 202522 December 2025 | 600 sqft | 535,000 | 892 | ||
| 4 Jul 20254 July 2025 | 589 sqft | 470,000 | 798 | ||
| 27 Apr 202527 April 2025 | 569 sqft | 470,000 | 826 | ||
| 18 Mar 202518 March 2025 | 566 sqft | 455,000 | 804 |
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 | |
| 504 | 2-bed | 1,631 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, Mazaya - Ghanima (Queue Point - R097) in numbers
- Sold twice: first on 5 May 2009 for AED 462,137, last on 2 March 2015 for AED 462,137 (AED 744 per sqft).
- Rented since November 2014 on 5 Ejari contracts. The rent fell from AED 46,000 to AED 22,000 in 2021 and recovered to AED 52,000 by January 2026.
- At AED 52,000 a year the gross yield on the 2015 price is 11.3%, before a service charge of about AED 7,500 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 January 2026.
Questions about 508, Mazaya - Ghanima (Queue Point - R097)
What did unit 508 last sell for?
AED 462,137 on 2 March 2015: AED 744 per sqft for 620 sqft. The unit has 2 registered sales; the first was AED 462,137 in May 2009.
What is the rent for unit 508?
AED 52,000 a year on the contract signed on 1 January 2026. The previous contract, from December 2024, was AED 42,500; the unit has been rented since November 2014.
How big is unit 508?
620 sqft (57.6 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 508 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 508, Mazaya - Ghanima (Queue Point - R097)
Starts from the last sale price (AED 462K, 2 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 462,137
- Deposit, UAE resident (20%)
- AED 92,427
- Deposit, non-resident (40%)
- AED 184,855
- Monthly over 25 years at 3.7%
- AED 1,891
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →