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1-bed · 729 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 7th floor · completed 2020

711, 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 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 292K3 September 2019
Current rentAED 39K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 711, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 711 worth today?

Last sold for AED 292,392 in 2019

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1 Feb 2024RentedRenewal
AED 39,000/yr36 months · AED 54 per sqft
1 Feb 2023RentedNew contract
AED 34,000/yr12 months · AED 47 per sqft
1 Jan 2021RentedNew contract
AED 32,000/yr13 months · AED 44 per sqft
3 Sep 2019Sold by developerOff-plan
AED 292,392AED 401 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
1-bed apartment
Size
729 sqft
Floor
7th of 13
Parking
G-165
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 292K · September 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 711, Mazaya 33 Q-Zone Gate Zone MU 005 006

711 is a one-bedroom apartment of 729 sqft on the 7th 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 3 September 2019 for AED 292,392, 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 2021 on 3 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 39,000 a year: a gross yield of 13.3% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 711 over time

Rents
Unit 711, 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, January 2021: AED 32,000 a yearNew contract, February 2023: AED 34,000 a yearRenewal, February 2024: AED 39,000 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 711 sits

All 212 1-beds →

711 last sold in September 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). 711's AED 39,000 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 7th floor

All 328 units in Mazaya 33 Q-Zone Gate Zone MU 005 006
Value
7011-bedAED 299K · Sep 2019
7021-bedAED 300K · Sep 2019
7031-bedAED 291K · Sep 2019
7041-bedAED 299K · Sep 2019
7051-bedAED 274K · Sep 2019
7061-bedAED 269K · Sep 2019
7071-bedAED 295K · Sep 2019
1–7 of 26

711, 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 3 September 2019 for AED 292,392, or AED 401 per sqft.
  • Rented since January 2021 on 3 Ejari contracts, from AED 32,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2019 price is 13.3%, before a service charge of about AED 10,900 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 1 February 2024.

Questions about 711, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 711 last sell for?

AED 292,392 on 3 September 2019, sold by the developer: AED 401 per sqft for 729 sqft. It is the only registered sale of the unit.

What is the rent for unit 711?

AED 39,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 34,000; the unit has been rented since January 2021.

How big is unit 711?

729 sqft (67.7 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2020.

What is unit 711 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 711, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 292K, 3 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 292,392
Deposit, UAE resident (20%)
AED 58,478
Deposit, non-resident (40%)
AED 116,957
Monthly over 25 years at 3.7%
AED 1,196

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