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Studio · 499 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 11th floor · completed 2020

1117, Mazaya 33 Q-Zone Gate Zone MU 005 006

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

Unit 1117 · DLD and Ejari recordsUpdated 10 December 2020
Last soldAED 200K1 October 2019
Current rentAED 23K /yr10 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1117, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 1117 worth today?

Last sold for AED 199,692 in 2019

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10 Dec 2020RentedNew contract
AED 23,000/yr13 months · AED 46 per sqft
1 Oct 2019Sold by developerOff-plan
AED 199,692AED 400 per sqft

Source: Dubai Land Department. Updated 10 December 2020.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
11th of 13
Parking
G-120
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 7,500 /yr
Last sold
AED 200K · October 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 1117, Mazaya 33 Q-Zone Gate Zone MU 005 006

1117 is a studio of 499 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 1 October 2019 for AED 199,692, or AED 400 per sqft, in line with the AED 400 studios in the building were fetching at the time.

One Ejari contract is registered, from 10 December 2020. The current contract, signed on 10 December 2020, is AED 23,000 a year: a gross yield of 11.5% on the 2019 price, before the service charge of about AED 7,500 a year.

Sales and rents for 1117 over time

Rents
Unit 1117, each contractTypical studio in Mazaya 33 Q-Zone Gate Zone MU 005 006
30K40K2020202220242026Typical rent by year: 2020 AED 24,000; 2021 AED 23,000; 2022 AED 25,000; 2023 AED 31,000; 2024 AED 34,000; 2025 AED 36,000; 2026 AED 38,000New contract, December 2020: AED 23,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mazaya 33 Q-Zone Gate Zone MU 005 006, and where 1117 sits

All 77 studios →

1117 last sold in October 2019 at AED 400 per sqft, in line with what studios in Mazaya 33 Q-Zone Gate Zone MU 005 006 were fetching at the time (AED 400). 1117's AED 23,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Oct 2019187,812
1 Oct 2019187,812
1 Oct 2019203,396
1 Oct 2019203,524
0 studio 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

1117, 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 1 October 2019 for AED 199,692, or AED 400 per sqft.
  • Rented since December 2020 on one Ejari contract, at AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2019 price is 11.5%, before a service charge of about AED 7,500 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 10 December 2020.

Questions about 1117, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 1117 last sell for?

AED 199,692 on 1 October 2019, sold by the developer: AED 400 per sqft for 499 sqft. It is the only registered sale of the unit.

What is the rent for unit 1117?

AED 23,000 a year on the contract signed on 10 December 2020.

How big is unit 1117?

499 sqft (46.4 sqm): a studio on the 11th floor of a 13-storey tower completed in 2020.

What is unit 1117 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 1117, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 200K, 1 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 199,692
Deposit, UAE resident (20%)
AED 39,938
Deposit, non-resident (40%)
AED 79,877
Monthly over 25 years at 3.7%
AED 817

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