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1-bed · 725 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 2nd floor · completed 2020

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

Sold prices and rental history: sold once, by the developer in August 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 208 · DLD and Ejari recordsUpdated 15 December 2020
Last soldAED 291K18 August 2019
Current rentAED 31K /yr15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 208 worth today?

Last sold for AED 291,016 in 2019

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15 Dec 2020RentedNew contract
AED 31,000/yr13 months · AED 43 per sqft
18 Aug 2019Sold by developerOff-plan
AED 291,016AED 401 per sqft

Source: Dubai Land Department. Updated 15 December 2020.

Key facts

Type
1-bed apartment
Size
725 sqft
Floor
2nd of 13
Parking
M-128
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 291K · August 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 208, Mazaya 33 Q-Zone Gate Zone MU 005 006

208 is a one-bedroom apartment of 725 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 18 August 2019 for AED 291,016, or AED 401 per sqft, in line with the AED 401 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 December 2020. The current contract, signed on 15 December 2020, is AED 31,000 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 208 over time

Rents
Unit 208, 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 31,000 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 208 sits

All 212 1-beds →

208 last sold in August 2019 at AED 401 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). 208's AED 31,000 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 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
2041-bedAED 299K · Aug 2019
2051-bedAED 274K · Aug 2019
2061-bedAED 269K · Aug 2019
2071-bedAED 295K · Aug 2019
1–7 of 26

208, 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 18 August 2019 for AED 291,016, or AED 401 per sqft.
  • Rented since December 2020 on one Ejari contract, at AED 31,000 a year.
  • At AED 31,000 a year the gross yield on the 2019 price is 10.7%, before a service charge of about AED 10,900 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 15 December 2020.

Questions about 208, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 208 last sell for?

AED 291,016 on 18 August 2019, sold by the developer: AED 401 per sqft for 725 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 31,000 a year on the contract signed on 15 December 2020.

How big is unit 208?

725 sqft (67.4 sqm): a one-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2020.

What is unit 208 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 208, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 291K, 18 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 291,016
Deposit, UAE resident (20%)
AED 58,203
Deposit, non-resident (40%)
AED 116,406
Monthly over 25 years at 3.7%
AED 1,191

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