Mazaya 28 in Liwan - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Rents in Mazaya 28
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
59
847
50,000
The cap rate (rental yield) of investments into Mazaya 28 project is 12.1% on average.
The price of an apartment in Mazaya 28 is 6,918 AED/sqm on average.
The long term rent of an apartment in Mazaya 28 is 847 AED/sqm/year on average.
Rent for 1 bedroom apartment in Mazaya 28 is 50,000 AED or 847 AED/sqm.
About Mazaya 28
'Mazaya 28' in 'Liwan' area project description
Mazaya 28 is a mid-rise residential building located in Liwan, within the Queue Point development in Dubai Land. The project was developed by Al Mazaya Holding and is situated on Plot 1330 in the Liwan area, strategically positioned near the junction of Sheikh Mohammed Bin Zayed Road and Dubai-Al Ain Road.
Project Specifications
The building comprises 6 floors with a total of 69 residential units. It is a freehold property that has been completed and is ready for occupancy. The development features a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, with unit sizes ranging from approximately 575 to 1,745 square feet.
Location and Accessibility
Mazaya 28 benefits from Liwan's strategic position as the eastern gateway to Dubai Land. The location provides easy access to major roads including Sheikh Mohammed Bin Zayed Road and Al Ain Road. The building is in close proximity to Dubai Outlet Mall. From Mazaya 28, it takes approximately 21 minutes to drive to Dubai Mall, 29 minutes to Palm Jumeirah, 29 minutes to Burj Al Arab, and 33 minutes to The Walk JBR. The nearest beach access would be through these major destinations, with Palm Jumeirah being approximately 29 minutes away by car.
Community and Amenities
Mazaya 28 is part of Queue Point, a comprehensive residential development within Liwan. The broader Liwan community spans 13 million square feet and is designed as a self-sufficient neighborhood inspired by San Francisco's urban structure. The development features over 40 hectares of open public space and incorporates different architectural themes. Queue Point apartments are designed to international standards with modern finishes and spacious layouts.
Surrounding Projects
The Queue Point development includes multiple residential buildings and projects in close proximity to Mazaya 28. Nearby projects within the same development include Mazaya 27, Mazaya 30, Mazaya 31, Mazaya 21, Mazaya 23, Mazaya 18, and Mazaya 15. Additionally, Wavez Residence and Tala 2 are also located in the Liwan area, providing a diverse range of residential options within the community.
Market Activity
The building has demonstrated consistent market activity with regular property transactions. Rental data indicates that approximately 97.83% of properties in the building are leased on a long-term basis, reflecting strong demand for residential living in this location.