Studio · 491 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 9th floor · completed 2020

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

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

Unit 921 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 197K10 September 2019
Current rentAED 36K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 921, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 921 worth today?

Last sold for AED 196,508 in 2019

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1 Sep 2024RentedRenewal
AED 35,500/yr36 months · AED 72 per sqft
1 Sep 2023RentedNew contract
AED 33,000/yr12 months · AED 67 per sqft
12 Feb 2023RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
12 Nov 2022RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
1 Oct 2021RentedNew contract
AED 23,000/yr12 months · AED 47 per sqft
1 Sep 2020RentedNew contract
AED 26,000/yr12 months · AED 53 per sqft
10 Sep 2019Sold by developerOff-plan
AED 196,508AED 399 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
Studio apartment
Size
491 sqft
Floor
9th of 13
Parking
G-92
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 7,400 /yr
Last sold
AED 197K · September 2019

About 921, Mazaya 33 Q-Zone Gate Zone MU 005 006

921 is a studio of 491 sqft on the 9th 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 10 September 2019 for AED 196,508, or AED 399 per sqft, in line with the AED 400 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 35,500 a year: a gross yield of 18.1% on the 2019 price, before the service charge of about AED 7,400 a year.

Sales and rents for 921 over time

Rents
Unit 921, 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, September 2020: AED 26,000 a yearNew contract, October 2021: AED 23,000 a yearNew contract, November 2022: AED 28,000 a yearNew contract, February 2023: AED 28,000 a yearNew contract, September 2023: AED 33,000 a yearRenewal, September 2024: AED 35,500 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 921 sits

All 77 studios →

921 last sold in September 2019 at AED 399 per sqft, in line with what studios in Mazaya 33 Q-Zone Gate Zone MU 005 006 were fetching at the time (AED 400). 921's AED 35,500 is in the lower 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 →
Value
9011-bedAED 299K · Sep 2019
9021-bedAED 300K · Sep 2019
9031-bedAED 291K · Sep 2019
9041-bedAED 299K · Sep 2019
9051-bedAED 274K · Sep 2019
9061-bedAED 269K · Sep 2019
9071-bedAED 295K · Sep 2019
1–7 of 26

921, 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 10 September 2019 for AED 196,508, or AED 399 per sqft.
  • Rented since September 2020 on 6 Ejari contracts. The rent fell from AED 26,000 to AED 23,000 in 2021 and recovered to AED 35,500 by September 2024.
  • At AED 35,500 a year the gross yield on the 2019 price is 18.1%, before a service charge of about AED 7,400 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 921, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 921 last sell for?

AED 196,508 on 10 September 2019, sold by the developer: AED 399 per sqft for 491 sqft. It is the only registered sale of the unit.

What is the rent for unit 921?

AED 35,500 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 33,000; the unit has been rented since September 2020.

How big is unit 921?

491 sqft (45.6 sqm): a studio on the 9th floor of a 13-storey tower completed in 2020.

What is unit 921 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 921, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 197K, 10 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 196,508
Deposit, UAE resident (20%)
AED 39,302
Deposit, non-resident (40%)
AED 78,603
Monthly over 25 years at 3.7%
AED 804

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