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1-bed · 763 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 3rd floor · completed 2020

309, 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 309 · DLD and Ejari recordsUpdated 13 August 2024
Last soldAED 307K4 September 2019
Current rentAED 41K /yr13 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 309 worth today?

Last sold for AED 306,644 in 2019

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13 Aug 2024RentedRenewal
AED 41,000/yr12 months · AED 54 per sqft
13 Aug 2023RentedRenewal
AED 37,000/yr12 months · AED 48 per sqft
13 Aug 2022RentedRenewal
AED 34,000/yr12 months · AED 45 per sqft
13 Aug 2021RentedNew contract
AED 33,000/yr12 months · AED 43 per sqft
1 Aug 2020RentedNew contract
AED 37,000/yr12 months · AED 48 per sqft
4 Sep 2019Sold by developerOff-plan
AED 306,644AED 401 per sqft

Source: Dubai Land Department. Updated 13 August 2024.

Key facts

Type
1-bed apartment
Size
763 sqft
Floor
3rd of 13
Parking
M-77
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 11,400 /yr
Last sold
AED 307K · September 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 309, Mazaya 33 Q-Zone Gate Zone MU 005 006

309 is a one-bedroom apartment of 763 sqft on the 3rd 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 4 September 2019 for AED 306,644, 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 13 August 2024, is AED 41,000 a year: a gross yield of 13.4% on the 2019 price, before the service charge of about AED 11,400 a year.

Sales and rents for 309 over time

Rents
Unit 309, 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, August 2020: AED 37,000 a yearNew contract, August 2021: AED 33,000 a yearRenewal, August 2022: AED 34,000 a yearRenewal, August 2023: AED 37,000 a yearRenewal, August 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 309 sits

All 212 1-beds →

309 last sold in September 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). 309'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 3rd floor

All 328 units in Mazaya 33 Q-Zone Gate Zone MU 005 006
Value
3011-bedAED 299K · Aug 2019
3021-bedAED 300K · Sep 2019
3031-bedAED 291K · Aug 2019
3041-bedAED 299K · Sep 2019
3051-bedAED 274K · Aug 2019
3061-bedAED 269K · Sep 2019
3071-bedAED 295K · Sep 2019
1–7 of 26

309, 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 4 September 2019 for AED 306,644, or AED 401 per sqft.
  • Rented since August 2020 on 5 Ejari contracts. The rent fell from AED 37,000 to AED 33,000 in 2021 and recovered to AED 41,000 by August 2024.
  • At AED 41,000 a year the gross yield on the 2019 price is 13.4%, before a service charge of about AED 11,400 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 13 August 2024.

Questions about 309, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 309 last sell for?

AED 306,644 on 4 September 2019, sold by the developer: AED 401 per sqft for 763 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 41,000 a year on the contract renewed on 13 August 2024. The previous contract, from August 2023, was AED 37,000; the unit has been rented since August 2020.

How big is unit 309?

763 sqft (70.9 sqm): a one-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2020.

What is unit 309 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 309, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 307K, 4 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 306,644
Deposit, UAE resident (20%)
AED 61,329
Deposit, non-resident (40%)
AED 122,658
Monthly over 25 years at 3.7%
AED 1,255

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