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1-bed · 746 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 10th floor · completed 2020

1002, Mazaya 33 Q-Zone Gate Zone MU 005 006

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 300K15 September 2019
Current rentAED 43K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1002, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 1002 worth today?

Last sold for AED 300,016 in 2019

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1 Dec 2023RentedRenewal
AED 42,667/yr36 months · AED 57 per sqft
1 Dec 2022RentedNew contract
AED 38,000/yr12 months · AED 51 per sqft
20 Nov 2021RentedNew contract
AED 33,000/yr12 months · AED 44 per sqft
10 Oct 2020RentedNew contract
AED 35,000/yr13 months · AED 47 per sqft
15 Sep 2019Sold by developerOff-plan
AED 300,016AED 401 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
746 sqft
Floor
10th of 13
Parking
G-99
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 11,200 /yr
Last sold
AED 300K · September 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 1002, Mazaya 33 Q-Zone Gate Zone MU 005 006

1002 is a one-bedroom apartment of 746 sqft on the 10th floor of Mazaya 33 Q-Zone Gate Zone MU 005 006, a 13-storey tower in Liwan completed in 2020 by Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company . The developer sold it on 15 September 2019 for AED 300,016, or AED 401 per sqft, in line with the AED 401 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 42,667 a year: a gross yield of 14.2% on the 2019 price, before the service charge of about AED 11,200 a year.

Sales and rents for 1002 over time

Rents
Unit 1002, each contractTypical one-bed in Mazaya 33 Q-Zone Gate Zone MU 005 006
30K40K50K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 33,000; 2022 AED 34,500; 2023 AED 38,000; 2024 AED 42,000; 2025 AED 45,000; 2026 AED 52,000New contract, October 2020: AED 35,000 a yearNew contract, November 2021: AED 33,000 a yearNew contract, December 2022: AED 38,000 a yearRenewal, December 2023: AED 42,667 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 33 Q-Zone Gate Zone MU 005 006, and where 1002 sits

All 212 1-beds →

1002 last sold in September 2019 at AED 401 per sqft, in line with what one-beds in Mazaya 33 Q-Zone Gate Zone MU 005 006 were fetching at the time (AED 401). 1002's AED 42,667 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 2019306,644
1 Oct 2019296,096
1 Oct 2019306,644
1 Oct 2019291,016
0 1-bed sales in the last 12 months

Mazaya 33 Q-Zone Gate Zone MU 005 006

Building

328 apartments, studios to 2-bed over 13 floors in Liwan, completed in 2020 by Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company . No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 48K /yr
Typical yield
Mazaya 33 Q-Zone Gate Zone MU 005 006, Liwan: prices, sales and rents →

Other units on the 10th floor

All 328 units in Mazaya 33 Q-Zone Gate Zone MU 005 006
Value
10011-bedAED 299K · Sep 2019
10031-bedAED 291K · Sep 2019
10041-bedAED 299K · Sep 2019
10051-bedAED 274K · Sep 2019
10061-bedAED 269K · Sep 2019
10071-bedAED 295K · Sep 2019
10081-bedAED 291K · Sep 2019
1–7 of 26

1002, Mazaya 33 Q-Zone Gate Zone MU 005 006 in numbers

  • Sold once: by Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company on 15 September 2019 for AED 300,016, or AED 401 per sqft.
  • Rented since October 2020 on 4 Ejari contracts, from AED 35,000 to AED 42,667 a year.
  • At AED 42,667 a year the gross yield on the 2019 price is 14.2%, before a service charge of about AED 11,200 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 1 December 2023.

Questions about 1002, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 1002 last sell for?

AED 300,016 on 15 September 2019, sold by the developer: AED 401 per sqft for 746 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 42,667 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 38,000; the unit has been rented since October 2020.

How big is unit 1002?

746 sqft (69.3 sqm): a one-bedroom apartment on the 10th floor of a 13-storey tower completed in 2020.

What is unit 1002 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 1002, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 300K, 15 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 300,016
Deposit, UAE resident (20%)
AED 60,003
Deposit, non-resident (40%)
AED 120,006
Monthly over 25 years at 3.7%
AED 1,227

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