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Studio · 497 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 11th floor · completed 2020

1122, Mazaya 33 Q-Zone Gate Zone MU 005 006

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

Unit 1122 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 199K1 October 2019
Current rentAED 38K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1122, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 1122 worth today?

Last sold for AED 198,960 in 2019

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15 Oct 2024RentedNew contract
AED 38,000/yr12 months · AED 76 per sqft
1 Oct 2023RentedNew contract
AED 33,000/yr12 months · AED 66 per sqft
17 Mar 2023RentedNew contract
AED 30,000/yr12 months · AED 60 per sqft
25 Feb 2022RentedRenewal
AED 23,500/yr12 months · AED 47 per sqft
25 Jan 2021RentedNew contract
AED 22,000/yr13 months · AED 44 per sqft
1 Oct 2019Sold by developerOff-plan
AED 198,960AED 400 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
Studio apartment
Size
497 sqft
Floor
11th of 13
Parking
G-125
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 7,500 /yr
Last sold
AED 199K · October 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 1122, Mazaya 33 Q-Zone Gate Zone MU 005 006

1122 is a studio of 497 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 198,960, or AED 400 per sqft, in line with the AED 400 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 15 October 2024, is AED 38,000 a year: a gross yield of 19.1% on the 2019 price, before the service charge of about AED 7,500 a year.

Sales and rents for 1122 over time

Rents
Unit 1122, each contractTypical studio in Mazaya 33 Q-Zone Gate Zone MU 005 006
20K30K40K2020202220242026Typical 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, January 2021: AED 22,000 a yearRenewal, February 2022: AED 23,500 a yearNew contract, March 2023: AED 30,000 a yearNew contract, October 2023: AED 33,000 a yearNew contract, October 2024: AED 38,000 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 1122 sits

All 77 studios →

1122 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). 1122's AED 38,000 is in the upper half 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

1122, 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 198,960, or AED 400 per sqft.
  • Rented since January 2021 on 5 Ejari contracts, from AED 22,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2019 price is 19.1%, before a service charge of about AED 7,500 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 15 October 2024.

Questions about 1122, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 1122 last sell for?

AED 198,960 on 1 October 2019, sold by the developer: AED 400 per sqft for 497 sqft. It is the only registered sale of the unit.

What is the rent for unit 1122?

AED 38,000 a year on the contract signed on 15 October 2024. The previous contract, from October 2023, was AED 33,000; the unit has been rented since January 2021.

How big is unit 1122?

497 sqft (46.2 sqm): a studio on the 11th floor of a 13-storey tower completed in 2020.

What is unit 1122 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 1122, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 199K, 1 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 198,960
Deposit, UAE resident (20%)
AED 39,792
Deposit, non-resident (40%)
AED 79,584
Monthly over 25 years at 3.7%
AED 814

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