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1-bed · 725 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 11th floor · completed 2020

1108, Mazaya 33 Q-Zone Gate Zone MU 005 006

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

Unit 1108 · DLD and Ejari recordsUpdated 20 January 2023
Last soldAED 291K30 September 2019
Current rentAED 35K /yr20 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1108, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 1108 worth today?

Last sold for AED 291,016 in 2019

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20 Jan 2023RentedRenewal
AED 35,200/yr12 months · AED 49 per sqft
20 Jan 2022RentedRenewal
AED 33,600/yr12 months · AED 46 per sqft
20 Dec 2020RentedNew contract
AED 32,000/yr13 months · AED 44 per sqft
30 Sep 2019Sold by developerOff-plan
AED 291,016AED 401 per sqft

Source: Dubai Land Department. Updated 20 January 2023.

Key facts

Type
1-bed apartment
Size
725 sqft
Floor
11th of 13
Parking
M-40
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 291K · September 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 1108, Mazaya 33 Q-Zone Gate Zone MU 005 006

1108 is a one-bedroom apartment of 725 sqft on the 11th 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 30 September 2019 for AED 291,016, 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 since 2020 on 3 Ejari contracts. The current contract, renewed on 20 January 2023, is AED 35,200 a year: a gross yield of 12.1% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 1108 over time

Rents
Unit 1108, 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, December 2020: AED 32,000 a yearRenewal, January 2022: AED 33,600 a yearRenewal, January 2023: AED 35,200 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 1108 sits

All 212 1-beds →

1108 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). 1108's AED 35,200 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 11th floor

All 328 units in Mazaya 33 Q-Zone Gate Zone MU 005 006
Value
11011-bedAED 299K · Sep 2019
11021-bedAED 300K · Sep 2019
11031-bedAED 291K · Sep 2019
11041-bedAED 299K · Sep 2019
11051-bedAED 274K · Sep 2019
11061-bedAED 269K · Sep 2019
11071-bedAED 295K · Sep 2019
1–7 of 26

1108, 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 30 September 2019 for AED 291,016, or AED 401 per sqft.
  • Rented since December 2020 on 3 Ejari contracts, from AED 32,000 to AED 35,200 a year.
  • At AED 35,200 a year the gross yield on the 2019 price is 12.1%, before a service charge of about AED 10,900 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 20 January 2023.

Questions about 1108, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 1108 last sell for?

AED 291,016 on 30 September 2019, sold by the developer: AED 401 per sqft for 725 sqft. It is the only registered sale of the unit.

What is the rent for unit 1108?

AED 35,200 a year on the contract renewed on 20 January 2023. The previous contract, from January 2022, was AED 33,600; the unit has been rented since December 2020.

How big is unit 1108?

725 sqft (67.4 sqm): a one-bedroom apartment on the 11th floor of a 13-storey tower completed in 2020.

What is unit 1108 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 1108, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 291K, 30 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 291,016
Deposit, UAE resident (20%)
AED 58,203
Deposit, non-resident (40%)
AED 116,406
Monthly over 25 years at 3.7%
AED 1,191

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