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1-bed · 667 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 4th floor · completed 2020

406, 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 406 · DLD and Ejari recordsUpdated 12 October 2024
Last soldAED 269K25 August 2019
Current rentAED 42K /yr12 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 406 worth today?

Last sold for AED 269,228 in 2019

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12 Oct 2024RentedRenewal
AED 42,000/yr12 months · AED 63 per sqft
12 Oct 2024RentedRenewal
AED 42,000/yr12 months · AED 63 per sqft
12 Oct 2023RentedNew contract
AED 38,000/yr12 months · AED 57 per sqft
12 Oct 2021RentedRenewal
AED 32,000/yr12 months · AED 48 per sqft
12 Oct 2020RentedNew contract
AED 33,000/yr12 months · AED 49 per sqft
25 Aug 2019Sold by developerOff-plan
AED 269,228AED 403 per sqft

Source: Dubai Land Department. Updated 12 October 2024.

Key facts

Type
1-bed apartment
Size
667 sqft
Floor
4th of 13
Parking
M-141
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 269K · August 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 406, Mazaya 33 Q-Zone Gate Zone MU 005 006

406 is a one-bedroom apartment of 667 sqft on the 4th 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 25 August 2019 for AED 269,228, or AED 403 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 12 October 2024, is AED 42,000 a year: a gross yield of 15.6% on the 2019 price, before the service charge of about AED 10,000 a year.

Sales and rents for 406 over time

Rents
Unit 406, 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, October 2020: AED 33,000 a yearRenewal, October 2021: AED 32,000 a yearNew contract, October 2023: AED 38,000 a yearRenewal, October 2024: AED 42,000 a yearRenewal, October 2024: AED 42,000 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 406 sits

All 212 1-beds →

406 last sold in August 2019 at AED 403 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). 406's AED 42,000 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 4th floor

All 328 units in Mazaya 33 Q-Zone Gate Zone MU 005 006
Value
4011-bedAED 299K · Aug 2019
4021-bedAED 300K · Aug 2019
4031-bedAED 291K · Aug 2019
4041-bedAED 299K · Aug 2019
4051-bedAED 274K · Aug 2019
4071-bedAED 295K · Aug 2019
4081-bedAED 291K · Aug 2019
1–7 of 26

406, 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 25 August 2019 for AED 269,228, or AED 403 per sqft.
  • Rented since October 2020 on 5 Ejari contracts, from AED 33,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2019 price is 15.6%, before a service charge of about AED 10,000 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 12 October 2024.

Questions about 406, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 406 last sell for?

AED 269,228 on 25 August 2019, sold by the developer: AED 403 per sqft for 667 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 42,000 a year on the contract renewed on 12 October 2024. The previous contract, from October 2024, was AED 42,000; the unit has been rented since October 2020.

How big is unit 406?

667 sqft (62.0 sqm): a one-bedroom apartment on the 4th floor of a 13-storey tower completed in 2020.

What is unit 406 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 406, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 269K, 25 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 269,228
Deposit, UAE resident (20%)
AED 53,846
Deposit, non-resident (40%)
AED 107,691
Monthly over 25 years at 3.7%
AED 1,101

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