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1-bed · 735 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 1st floor · completed 2020

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

Sold prices and rental history: sold once, by the developer in August 2019, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 295K5 August 2019
Current rentAED 36K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 107, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 107 worth today?

Last sold for AED 294,676 in 2019

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1 Jul 2022RentedNew contract
AED 36,000/yr12 months · AED 49 per sqft
10 Feb 2021RentedNew contract
AED 31,000/yr13 months · AED 42 per sqft
5 Aug 2019Sold by developerOff-plan
AED 294,676AED 401 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
1-bed apartment
Size
735 sqft
Floor
1st of 13
Parking
M-97
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 11,000 /yr
Last sold
AED 295K · August 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 107, Mazaya 33 Q-Zone Gate Zone MU 005 006

107 is a one-bedroom apartment of 735 sqft on the 1st 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 5 August 2019 for AED 294,676, 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 since 2021 on 2 Ejari contracts. The current contract, signed on 1 July 2022, is AED 36,000 a year: a gross yield of 12.2% on the 2019 price, before the service charge of about AED 11,000 a year.

Sales and rents for 107 over time

Rents
Unit 107, 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, February 2021: AED 31,000 a yearNew contract, July 2022: AED 36,000 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 107 sits

All 212 1-beds →

107 last sold in August 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). 107's AED 36,000 is at the bottom 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 1st floor

All 328 units in Mazaya 33 Q-Zone Gate Zone MU 005 006
Value
1011-bedAED 299K · Aug 2019
1021-bedAED 299K · Aug 2019
1031-bedAED 290K · Aug 2019
1041-bedAED 299K · Aug 2019
1051-bedAED 274K · Aug 2019
1061-bedAED 269K · Aug 2019
1081-bedAED 291K · Aug 2019
1–7 of 26

107, 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 5 August 2019 for AED 294,676, or AED 401 per sqft.
  • Rented since February 2021 on 2 Ejari contracts, from AED 31,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2019 price is 12.2%, before a service charge of about AED 11,000 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 1 July 2022.

Questions about 107, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 107 last sell for?

AED 294,676 on 5 August 2019, sold by the developer: AED 401 per sqft for 735 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 36,000 a year on the contract signed on 1 July 2022. The previous contract, from February 2021, was AED 31,000.

How big is unit 107?

735 sqft (68.3 sqm): a one-bedroom apartment on the 1st floor of a 13-storey tower completed in 2020.

What is unit 107 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 107, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 295K, 5 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 294,676
Deposit, UAE resident (20%)
AED 58,935
Deposit, non-resident (40%)
AED 117,870
Monthly over 25 years at 3.7%
AED 1,206

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