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1-bed · 736 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 4th floor · completed 2020

412, 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 412 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 295K25 August 2019
Current rentAED 35K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 412, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 412 worth today?

Last sold for AED 295,104 in 2019

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1 Jan 2023RentedRenewal
AED 34,650/yr12 months · AED 47 per sqft
1 Jan 2022RentedRenewal
AED 33,000/yr12 months · AED 45 per sqft
1 Dec 2020RentedNew contract
AED 34,000/yr13 months · AED 46 per sqft
1 Jul 2020RentedNew contract
AED 37,000/yr12 months · AED 50 per sqft
25 Aug 2019Sold by developerOff-plan
AED 295,104AED 401 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
4th of 13
Parking
M-60
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 412, Mazaya 33 Q-Zone Gate Zone MU 005 006

412 is a one-bedroom apartment of 736 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 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 4 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 34,650 a year: a gross yield of 11.7% on the 2019 price, before the service charge of about AED 11,000 a year.

Sales and rents for 412 over time

Rents
Unit 412, 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, July 2020: AED 37,000 a yearNew contract, December 2020: AED 34,000 a yearRenewal, January 2022: AED 33,000 a yearRenewal, January 2023: AED 34,650 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 412 sits

All 212 1-beds →

412 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). 412's AED 34,650 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 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
4061-bedAED 269K · Aug 2019
4071-bedAED 295K · Aug 2019
1–7 of 26

412, 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 295,104, or AED 401 per sqft.
  • Rented since July 2020 on 4 Ejari contracts, from AED 37,000 to AED 34,650 a year.
  • At AED 34,650 a year the gross yield on the 2019 price is 11.7%, before a service charge of about AED 11,000 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 1 January 2023.

Questions about 412, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 412 last sell for?

AED 295,104 on 25 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 412?

AED 34,650 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 33,000; the unit has been rented since July 2020.

How big is unit 412?

736 sqft (68.4 sqm): a one-bedroom apartment on the 4th floor of a 13-storey tower completed in 2020.

What is unit 412 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 412, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 295K, 25 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 →