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

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

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

Unit 227 · DLD and Ejari recordsUpdated 21 August 2023
Last soldAED 453K17 September 2019
Current rentAED 61K /yr21 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 227, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 227 worth today?

Last sold for AED 453,464 in 2019

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21 Aug 2023RentedRenewal
AED 60,667/yr36 months · AED 54 per sqft
21 Aug 2022RentedNew contract
AED 54,000/yr12 months · AED 48 per sqft
15 Aug 2021RentedRenewal
AED 53,000/yr12 months · AED 47 per sqft
15 Aug 2020RentedNew contract
AED 55,000/yr12 months · AED 49 per sqft
17 Sep 2019Sold by developerOff-plan
AED 453,464AED 401 per sqft

Source: Dubai Land Department. Updated 21 August 2023.

Key facts

Type
2-bed apartment
Size
1,129 sqft
Floor
2nd of 13
Parking
M-120
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 · September 2019

About 227, Mazaya 33 Q-Zone Gate Zone MU 005 006

227 is a two-bedroom apartment of 1,129 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 17 September 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 2020 on 4 Ejari contracts. The current contract, renewed on 21 August 2023, is AED 60,667 a year: a gross yield of 13.4% on the 2019 price, before the service charge of about AED 16,900 a year.

Sales and rents for 227 over time

Rents
Unit 227, 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, August 2020: AED 55,000 a yearRenewal, August 2021: AED 53,000 a yearNew contract, August 2022: AED 54,000 a yearRenewal, August 2023: AED 60,667 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 227 sits

All 39 2-beds →

227 last sold in September 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). 227's AED 60,667 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 2019476,716
1 Oct 2019453,464
1 Oct 2019459,968
1 Oct 2019464,788
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 →
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

227, 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 17 September 2019 for AED 453,464, or AED 401 per sqft.
  • Rented since August 2020 on 4 Ejari contracts, from AED 55,000 to AED 60,667 a year.
  • At AED 60,667 a year the gross yield on the 2019 price is 13.4%, before a service charge of about AED 16,900 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 21 August 2023.

Questions about 227, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 227 last sell for?

AED 453,464 on 17 September 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 227?

AED 60,667 a year on the contract renewed on 21 August 2023. The previous contract, from August 2022, was AED 54,000; the unit has been rented since August 2020.

How big is unit 227?

1,129 sqft (104.9 sqm): a two-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2020.

What is unit 227 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 227, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 453K, 17 September 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 →