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2-bed · 1,129 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 11th floor · completed 2020

1127, 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 1127 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 453K1 October 2019
Current rentAED 63K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1127, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 1127 worth today?

Last sold for AED 453,464 in 2019

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1 Oct 2024RentedRenewal
AED 63,000/yr12 months · AED 56 per sqft
1 Oct 2023RentedRenewal
AED 59,000/yr12 months · AED 52 per sqft
1 Apr 2023RentedRenewal
AED 56,000/yr6 months · AED 50 per sqft
1 Apr 2022RentedNew contract
AED 54,000/yr12 months · AED 48 per sqft
15 Feb 2021RentedNew contract
AED 50,000/yr13 months · AED 44 per sqft
1 Oct 2019Sold by developerOff-plan
AED 453,464AED 401 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,129 sqft
Floor
11th of 13
Parking
G-130
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 · October 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 1127, Mazaya 33 Q-Zone Gate Zone MU 005 006

1127 is a two-bedroom apartment of 1,129 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 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 2021 on 5 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 63,000 a year: a gross yield of 13.9% on the 2019 price, before the service charge of about AED 16,900 a year.

Sales and rents for 1127 over time

Rents
Unit 1127, each contractTypical two-bed in Mazaya 33 Q-Zone Gate Zone MU 005 006
50K60K2020202220242026Typical 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, February 2021: AED 50,000 a yearNew contract, April 2022: AED 54,000 a yearRenewal, April 2023: AED 56,000 a yearRenewal, October 2023: AED 59,000 a yearRenewal, October 2024: AED 63,000 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 1127 sits

All 39 2-beds →

1127 last sold in October 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). 1127's AED 63,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 2019476,716
1 Oct 2019459,968
1 Oct 2019464,788
30 Sep 2019522,572
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 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

1127, 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 453,464, or AED 401 per sqft.
  • Rented since February 2021 on 5 Ejari contracts, from AED 50,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2019 price is 13.9%, before a service charge of about AED 16,900 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 1127, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 1127 last sell for?

AED 453,464 on 1 October 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 1127?

AED 63,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 59,000; the unit has been rented since February 2021.

How big is unit 1127?

1,129 sqft (104.9 sqm): a two-bedroom apartment on the 11th floor of a 13-storey tower completed in 2020.

What is unit 1127 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 1127, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 453K, 1 October 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 →