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2-bed · 1,129 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 10th floor · completed 2020

1027, 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 1027 · DLD and Ejari recordsUpdated 28 September 2024
Last soldAED 453K16 September 2019
Current rentAED 72K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1027, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 1027 worth today?

Last sold for AED 453,464 in 2019

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28 Sep 2024RentedRenewal
AED 72,000/yr24 months · AED 64 per sqft
28 Sep 2023RentedNew contract
AED 72,000/yr12 months · AED 64 per sqft
15 Sep 2022RentedNew contract
AED 54,000/yr12 months · AED 48 per sqft
20 Jun 2020RentedNew contract
AED 58,000/yr12 months · AED 51 per sqft
16 Sep 2019Sold by developerOff-plan
AED 453,464AED 401 per sqft

Source: Dubai Land Department. Updated 28 September 2024.

Key facts

Type
2-bed apartment
Size
1,129 sqft
Floor
10th of 13
Parking
G-141
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 16,900 /yr
Last sold
AED 453K · September 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 1027, Mazaya 33 Q-Zone Gate Zone MU 005 006

1027 is a two-bedroom apartment of 1,129 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 16 September 2019 for AED 453,464, or AED 401 per sqft, in line with the AED 401 two-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 28 September 2024, is AED 72,000 a year: a gross yield of 15.9% on the 2019 price, before the service charge of about AED 16,900 a year.

Sales and rents for 1027 over time

Rents
Unit 1027, each contractTypical two-bed in Mazaya 33 Q-Zone Gate Zone MU 005 006
50K60K70K2020202220242026Typical rent by year: 2020 AED 54,000; 2021 AED 52,000; 2022 AED 54,000; 2023 AED 57,000; 2024 AED 60,000; 2025 AED 63,000; 2026 AED 65,000New contract, June 2020: AED 58,000 a yearNew contract, September 2022: AED 54,000 a yearNew contract, September 2023: AED 72,000 a yearRenewal, September 2024: AED 72,000 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 33 Q-Zone Gate Zone MU 005 006, and where 1027 sits

All 39 2-beds →

1027 last sold in September 2019 at AED 401 per sqft, in line with what two-beds in Mazaya 33 Q-Zone Gate Zone MU 005 006 were fetching at the time (AED 401). 1027's AED 72,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 2019476,716
1 Oct 2019453,464
1 Oct 2019459,968
1 Oct 2019464,788
0 2-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
10021-bedAED 300K · 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
1–7 of 26

1027, 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 16 September 2019 for AED 453,464, or AED 401 per sqft.
  • Rented since June 2020 on 4 Ejari contracts, from AED 58,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2019 price is 15.9%, before a service charge of about AED 16,900 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 28 September 2024.

Questions about 1027, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 1027 last sell for?

AED 453,464 on 16 September 2019, sold by the developer: AED 401 per sqft for 1,129 sqft. It is the only registered sale of the unit.

What is the rent for unit 1027?

AED 72,000 a year on the contract renewed on 28 September 2024. The previous contract, from September 2023, was AED 72,000; the unit has been rented since June 2020.

How big is unit 1027?

1,129 sqft (104.9 sqm): a two-bedroom apartment on the 10th floor of a 13-storey tower completed in 2020.

What is unit 1027 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 1027, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 453K, 16 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 453,464
Deposit, UAE resident (20%)
AED 90,693
Deposit, non-resident (40%)
AED 181,386
Monthly over 25 years at 3.7%
AED 1,855

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