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Studio · 508 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 6th floor · completed 2020

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

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

Unit 619 · DLD and Ejari recordsUpdated 27 September 2024
Last soldAED 203K17 September 2019
Current rentAED 40K /yr27 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 619, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 619 worth today?

Last sold for AED 203,396 in 2019

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27 Sep 2024RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
1 Sep 2023RentedNew contract
AED 27,500/yr12 months · AED 54 per sqft
1 Sep 2020RentedNew contract
AED 24,000/yr12 months · AED 47 per sqft
17 Sep 2019Sold by developerOff-plan
AED 203,396AED 400 per sqft

Source: Dubai Land Department. Updated 27 September 2024.

Key facts

Type
Studio apartment
Size
508 sqft
Floor
6th of 13
Parking
G-61
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 7,600 /yr
Last sold
AED 203K · September 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 619, Mazaya 33 Q-Zone Gate Zone MU 005 006

619 is a studio of 508 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 17 September 2019 for AED 203,396, 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 3 Ejari contracts. The current contract, signed on 27 September 2024, is AED 40,000 a year: a gross yield of 19.7% on the 2019 price, before the service charge of about AED 7,600 a year.

Sales and rents for 619 over time

Rents
Unit 619, each contractTypical studio in Mazaya 33 Q-Zone Gate Zone MU 005 006
20K30K40K2020202220242026Typical 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, September 2020: AED 24,000 a yearNew contract, September 2023: AED 27,500 a yearNew contract, September 2024: AED 40,000 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 619 sits

All 77 studios →

619 last sold in September 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). 619's AED 40,000 is in the upper half 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 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
6031-bedAED 291K · Aug 2019
6041-bedAED 299K · Aug 2019
6051-bedAED 274K · Aug 2019
6061-bedAED 269K · Aug 2019
6071-bedAED 295K · Aug 2019
1–7 of 26

619, 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 17 September 2019 for AED 203,396, or AED 400 per sqft.
  • Rented since September 2020 on 3 Ejari contracts, from AED 24,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 19.7%, before a service charge of about AED 7,600 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 27 September 2024.

Questions about 619, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 619 last sell for?

AED 203,396 on 17 September 2019, sold by the developer: AED 400 per sqft for 508 sqft. It is the only registered sale of the unit.

What is the rent for unit 619?

AED 40,000 a year on the contract signed on 27 September 2024. The previous contract, from September 2023, was AED 27,500; the unit has been rented since September 2020.

How big is unit 619?

508 sqft (47.2 sqm): a studio on the 6th floor of a 13-storey tower completed in 2020.

What is unit 619 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 619, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 203K, 17 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 203,396
Deposit, UAE resident (20%)
AED 40,679
Deposit, non-resident (40%)
AED 81,358
Monthly over 25 years at 3.7%
AED 832

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