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Studio · 497 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 5th floor · completed 2020

522, 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 522 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 199K28 August 2019
Current rentAED 29K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 522, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 522 worth today?

Last sold for AED 198,960 in 2019

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1 Aug 2024RentedNew contract
AED 29,000/yr12 months · AED 58 per sqft
1 Aug 2020RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft
28 Aug 2019Sold by developerOff-plan
AED 198,960AED 400 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
Studio apartment
Size
497 sqft
Floor
5th of 13
Parking
M-10
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 7,500 /yr
Last sold
AED 199K · August 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 522, Mazaya 33 Q-Zone Gate Zone MU 005 006

522 is a studio of 497 sqft on the 5th 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 28 August 2019 for AED 198,960, or AED 400 per sqft, in line with the AED 400 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 August 2024, is AED 29,000 a year: a gross yield of 14.6% on the 2019 price, before the service charge of about AED 7,500 a year.

Sales and rents for 522 over time

Rents
Unit 522, each contractTypical studio in Mazaya 33 Q-Zone Gate Zone MU 005 006
30K40K2020202220242026Typical rent by year: 2020 AED 24,000; 2021 AED 23,000; 2022 AED 25,000; 2023 AED 31,000; 2024 AED 34,000; 2025 AED 36,000; 2026 AED 38,000New contract, August 2020: AED 24,000 a yearNew contract, August 2024: AED 29,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mazaya 33 Q-Zone Gate Zone MU 005 006, and where 522 sits

All 77 studios →

522 last sold in August 2019 at AED 400 per sqft, in line with what studios in Mazaya 33 Q-Zone Gate Zone MU 005 006 were fetching at the time (AED 400). 522's AED 29,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Oct 2019187,812
1 Oct 2019187,812
1 Oct 2019203,396
1 Oct 2019203,524
0 studio 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 5th floor

All 328 units in Mazaya 33 Q-Zone Gate Zone MU 005 006
Value
5011-bedAED 299K · Sep 2019
5021-bedAED 300K · Sep 2019
5031-bedAED 291K · Sep 2019
5041-bedAED 299K · Sep 2019
5051-bedAED 274K · Sep 2019
5061-bedAED 269K · Oct 2019
5071-bedAED 295K · Sep 2019
1–7 of 26

522, 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 28 August 2019 for AED 198,960, or AED 400 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, from AED 24,000 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2019 price is 14.6%, before a service charge of about AED 7,500 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 1 August 2024.

Questions about 522, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 522 last sell for?

AED 198,960 on 28 August 2019, sold by the developer: AED 400 per sqft for 497 sqft. It is the only registered sale of the unit.

What is the rent for unit 522?

AED 29,000 a year on the contract signed on 1 August 2024. The previous contract, from August 2020, was AED 24,000.

How big is unit 522?

497 sqft (46.2 sqm): a studio on the 5th floor of a 13-storey tower completed in 2020.

What is unit 522 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 522, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 199K, 28 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 198,960
Deposit, UAE resident (20%)
AED 39,792
Deposit, non-resident (40%)
AED 79,584
Monthly over 25 years at 3.7%
AED 814

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