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1-bed · 743 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 2nd floor · completed 2020

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

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

Unit 204 · DLD and Ejari recordsUpdated 15 February 2023
Last soldAED 299K27 August 2019
Current rentAED 37K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 204 worth today?

Last sold for AED 299,284 in 2019

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15 Feb 2023RentedNew contract
AED 36,500/yr12 months · AED 49 per sqft
15 Jan 2021RentedNew contract
AED 32,000/yr13 months · AED 43 per sqft
27 Aug 2019Sold by developerOff-plan
AED 299,284AED 402 per sqft

Source: Dubai Land Department. Updated 15 February 2023.

Key facts

Type
1-bed apartment
Size
743 sqft
Floor
2nd of 13
Parking
M-118
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 11,200 /yr
Last sold
AED 299K · August 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 204, Mazaya 33 Q-Zone Gate Zone MU 005 006

204 is a one-bedroom apartment of 743 sqft on the 2nd 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 27 August 2019 for AED 299,284, 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 2021 on 2 Ejari contracts. The current contract, signed on 15 February 2023, is AED 36,500 a year: a gross yield of 12.2% on the 2019 price, before the service charge of about AED 11,200 a year.

Sales and rents for 204 over time

Rents
Unit 204, 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, January 2021: AED 32,000 a yearNew contract, February 2023: AED 36,500 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 204 sits

All 212 1-beds →

204 last sold in August 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). 204's AED 36,500 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 2nd floor

All 328 units in Mazaya 33 Q-Zone Gate Zone MU 005 006
Value
2011-bedAED 299K · Aug 2019
2021-bedAED 300K · Aug 2019
2031-bedAED 291K · Aug 2019
2051-bedAED 274K · Aug 2019
2061-bedAED 269K · Aug 2019
2071-bedAED 295K · Aug 2019
2081-bedAED 291K · Aug 2019
1–7 of 26

204, 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 27 August 2019 for AED 299,284, or AED 402 per sqft.
  • Rented since January 2021 on 2 Ejari contracts, from AED 32,000 to AED 36,500 a year.
  • At AED 36,500 a year the gross yield on the 2019 price is 12.2%, before a service charge of about AED 11,200 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 15 February 2023.

Questions about 204, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 204 last sell for?

AED 299,284 on 27 August 2019, sold by the developer: AED 402 per sqft for 743 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 36,500 a year on the contract signed on 15 February 2023. The previous contract, from January 2021, was AED 32,000.

How big is unit 204?

743 sqft (69.0 sqm): a one-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2020.

What is unit 204 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 204, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 299K, 27 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 299,284
Deposit, UAE resident (20%)
AED 59,857
Deposit, non-resident (40%)
AED 119,714
Monthly over 25 years at 3.7%
AED 1,224

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