1-bed · 755 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 4th floor · completed 2020

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

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

Unit 424 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 303K21 August 2019
Current rentAED 43K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 424 worth today?

Last sold for AED 302,728 in 2019

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1 Jan 2025RentedRenewal
AED 42,500/yr12 months · AED 56 per sqft
1 Dec 2020RentedNew contract
AED 34,000/yr13 months · AED 45 per sqft
21 Aug 2019Sold by developerOff-plan
AED 302,728AED 401 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
4th of 13
Parking
M-04
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 11,300 /yr
Last sold
AED 303K · August 2019

About 424, Mazaya 33 Q-Zone Gate Zone MU 005 006

424 is a one-bedroom apartment of 755 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 21 August 2019 for AED 302,728, 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 since 2020 on 2 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 42,500 a year: a gross yield of 14.0% on the 2019 price, before the service charge of about AED 11,300 a year.

Sales and rents for 424 over time

Rents
Unit 424, 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 34,000 a yearRenewal, January 2025: AED 42,500 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 424 sits

All 212 1-beds →

424 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). 424's AED 42,500 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 →
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

424, 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 21 August 2019 for AED 302,728, or AED 401 per sqft.
  • Rented since December 2020 on 2 Ejari contracts, from AED 34,000 to AED 42,500 a year.
  • At AED 42,500 a year the gross yield on the 2019 price is 14.0%, before a service charge of about AED 11,300 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 1 January 2025.

Questions about 424, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 424 last sell for?

AED 302,728 on 21 August 2019, sold by the developer: AED 401 per sqft for 755 sqft. It is the only registered sale of the unit.

What is the rent for unit 424?

AED 42,500 a year on the contract renewed on 1 January 2025. The previous contract, from December 2020, was AED 34,000.

How big is unit 424?

755 sqft (70.1 sqm): a one-bedroom apartment on the 4th floor of a 13-storey tower completed in 2020.

What is unit 424 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 424, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 303K, 21 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 302,728
Deposit, UAE resident (20%)
AED 60,546
Deposit, non-resident (40%)
AED 121,091
Monthly over 25 years at 3.7%
AED 1,239

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