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1-bed · 736 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 2nd floor · completed 2020

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

Sold prices and rental history: sold once, by the developer in August 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 8 May 2024
Last soldAED 295K26 August 2019
Current rentAED 41K /yr8 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 212, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 212 worth today?

Last sold for AED 295,104 in 2019

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8 May 2024RentedRenewal
AED 41,000/yr12 months · AED 56 per sqft
8 May 2023RentedRenewal
AED 37,500/yr12 months · AED 51 per sqft
8 May 2022RentedNew contract
AED 35,000/yr12 months · AED 48 per sqft
1 Jan 2022RentedNew contract
AED 33,000/yr12 months · AED 45 per sqft
1 Dec 2020RentedNew contract
AED 32,000/yr13 months · AED 43 per sqft
26 Aug 2019Sold by developerOff-plan
AED 295,104AED 401 per sqft

Source: Dubai Land Department. Updated 8 May 2024.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
2nd of 13
Parking
M-124
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 11,000 /yr
Last sold
AED 295K · August 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 212, Mazaya 33 Q-Zone Gate Zone MU 005 006

212 is a one-bedroom apartment of 736 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 26 August 2019 for AED 295,104, or AED 401 per sqft, in line with the AED 401 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 8 May 2024, is AED 41,000 a year: a gross yield of 13.9% on the 2019 price, before the service charge of about AED 11,000 a year.

Sales and rents for 212 over time

Rents
Unit 212, 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 32,000 a yearNew contract, January 2022: AED 33,000 a yearNew contract, May 2022: AED 35,000 a yearRenewal, May 2023: AED 37,500 a yearRenewal, May 2024: AED 41,000 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 212 sits

All 212 1-beds →

212 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). 212's AED 41,000 is in the lower half 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

212, 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 26 August 2019 for AED 295,104, or AED 401 per sqft.
  • Rented since December 2020 on 5 Ejari contracts, from AED 32,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2019 price is 13.9%, before a service charge of about AED 11,000 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 8 May 2024.

Questions about 212, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 212 last sell for?

AED 295,104 on 26 August 2019, sold by the developer: AED 401 per sqft for 736 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 41,000 a year on the contract renewed on 8 May 2024. The previous contract, from May 2023, was AED 37,500; the unit has been rented since December 2020.

How big is unit 212?

736 sqft (68.4 sqm): a one-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2020.

What is unit 212 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 212, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 295K, 26 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 295,104
Deposit, UAE resident (20%)
AED 59,021
Deposit, non-resident (40%)
AED 118,042
Monthly over 25 years at 3.7%
AED 1,207

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