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1-bed · 724 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 6th floor · completed 2020

603, 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 603 · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 291K20 August 2019
Current rentAED 41K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 603 worth today?

Last sold for AED 291,272 in 2019

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5 Oct 2024RentedNew contract
AED 41,000/yr12 months · AED 57 per sqft
5 Oct 2022RentedRenewal
AED 34,200/yr12 months · AED 47 per sqft
5 Oct 2021RentedNew contract
AED 32,000/yr12 months · AED 44 per sqft
1 Sep 2020RentedNew contract
AED 33,000/yr12 months · AED 46 per sqft
20 Aug 2019Sold by developerOff-plan
AED 291,272AED 402 per sqft

Source: Dubai Land Department. Updated 5 October 2024.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
6th of 13
Parking
G-55
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 291K · August 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 603, Mazaya 33 Q-Zone Gate Zone MU 005 006

603 is a one-bedroom apartment of 724 sqft on the 6th 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 20 August 2019 for AED 291,272, or AED 402 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, signed on 5 October 2024, is AED 41,000 a year: a gross yield of 14.1% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 603 over time

Rents
Unit 603, 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, September 2020: AED 33,000 a yearNew contract, October 2021: AED 32,000 a yearRenewal, October 2022: AED 34,200 a yearNew contract, October 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 603 sits

All 212 1-beds →

603 last sold in August 2019 at AED 402 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). 603'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 6th floor

All 328 units in Mazaya 33 Q-Zone Gate Zone MU 005 006
Value
6011-bedAED 299K · Aug 2019
6021-bedAED 300K · Aug 2019
6041-bedAED 299K · Aug 2019
6051-bedAED 274K · Aug 2019
6061-bedAED 269K · Aug 2019
6071-bedAED 295K · Aug 2019
6081-bedAED 291K · Oct 2019
1–7 of 26

603, 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 20 August 2019 for AED 291,272, or AED 402 per sqft.
  • Rented since September 2020 on 4 Ejari contracts, from AED 33,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2019 price is 14.1%, before a service charge of about AED 10,900 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 5 October 2024.

Questions about 603, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 603 last sell for?

AED 291,272 on 20 August 2019, sold by the developer: AED 402 per sqft for 724 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 41,000 a year on the contract signed on 5 October 2024. The previous contract, from October 2022, was AED 34,200; the unit has been rented since September 2020.

How big is unit 603?

724 sqft (67.3 sqm): a one-bedroom apartment on the 6th floor of a 13-storey tower completed in 2020.

What is unit 603 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 603, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 291K, 20 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 291,272
Deposit, UAE resident (20%)
AED 58,254
Deposit, non-resident (40%)
AED 116,509
Monthly over 25 years at 3.7%
AED 1,192

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