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1-bed · 658 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 13th floor · completed 2020

1309, 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 1309 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 265K30 September 2019
Current rentAED 40K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1309, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 1309 worth today?

Last sold for AED 264,664 in 2019

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1 Jan 2024RentedRenewal
AED 40,000/yr12 months · AED 61 per sqft
1 Jan 2023RentedNew contract
AED 34,500/yr12 months · AED 52 per sqft
1 Dec 2020RentedNew contract
AED 30,000/yr13 months · AED 46 per sqft
30 Sep 2019Sold by developerOff-plan
AED 264,664AED 402 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

Key facts

Type
1-bed apartment
Size
658 sqft
Floor
13th of 13
Parking
M-96
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 9,900 /yr
Last sold
AED 265K · September 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 1309, Mazaya 33 Q-Zone Gate Zone MU 005 006

1309 is a one-bedroom apartment of 658 sqft on the 13th 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 264,664, or AED 402 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 1 January 2024, is AED 40,000 a year: a gross yield of 15.1% on the 2019 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1309 over time

Rents
Unit 1309, 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 30,000 a yearNew contract, January 2023: AED 34,500 a yearRenewal, January 2024: AED 40,000 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 1309 sits

All 212 1-beds →

1309 last sold in September 2019 at AED 402 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). 1309's AED 40,000 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 13th floor

All 328 units in Mazaya 33 Q-Zone Gate Zone MU 005 006
Value
13012-bedAED 538K · Sep 2019
13021-bedAED 357K · Sep 2019
13031-bedAED 319K · Sep 2019
13042-bedAED 523K · Sep 2019
13051-bedAED 320K · Sep 2019
13061-bedAED 320K · Sep 2019
13071-bedAED 313K · Sep 2019
1–7 of 13

1309, 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 264,664, or AED 402 per sqft.
  • Rented since December 2020 on 3 Ejari contracts, from AED 30,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 15.1%, before a service charge of about AED 9,900 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 1 January 2024.

Questions about 1309, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 1309 last sell for?

AED 264,664 on 30 September 2019, sold by the developer: AED 402 per sqft for 658 sqft. It is the only registered sale of the unit.

What is the rent for unit 1309?

AED 40,000 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 34,500; the unit has been rented since December 2020.

How big is unit 1309?

658 sqft (61.1 sqm): a one-bedroom apartment on the 13th floor of a 13-storey tower completed in 2020.

What is unit 1309 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 1309, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 265K, 30 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 264,664
Deposit, UAE resident (20%)
AED 52,933
Deposit, non-resident (40%)
AED 105,866
Monthly over 25 years at 3.7%
AED 1,083

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