1-bed · 736 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 10th floor · completed 2020

1012, 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 1012 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 295K15 September 2019
Current rentAED 42K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1012, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 1012 worth today?

Last sold for AED 295,104 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Aug 2024RentedNew contract
AED 42,000/yr12 months · AED 57 per sqft
20 Aug 2021RentedRenewal
AED 35,000/yr6 months · AED 48 per sqft
20 Aug 2020RentedNew contract
AED 35,000/yr12 months · AED 48 per sqft
15 Sep 2019Sold by developerOff-plan
AED 295,104AED 401 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2024.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
10th of 13
Parking
G-116
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 11,000 /yr
Last sold
AED 295K · September 2019

About 1012, Mazaya 33 Q-Zone Gate Zone MU 005 006

1012 is a one-bedroom apartment of 736 sqft on the 10th 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 15 September 2019 for AED 295,104, 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 2020 on 3 Ejari contracts. The current contract, signed on 20 August 2024, is AED 42,000 a year: a gross yield of 14.2% on the 2019 price, before the service charge of about AED 11,000 a year.

Sales and rents for 1012 over time

Rents
Unit 1012, each contractTypical one-bed in Mazaya 33 Q-Zone Gate Zone MU 005 006
40K2020202220242026Typical 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 45,000New contract, August 2020: AED 35,000 a yearRenewal, August 2021: AED 35,000 a yearNew contract, August 2024: AED 42,000 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 1012 sits

All 212 1-beds →

1012 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). 1012's AED 42,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 2019269,228
1 Oct 2019296,096
1 Oct 2019291,016
1 Oct 2019306,644
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 46K /yr
Typical yield
Mazaya 33 Q-Zone Gate Zone MU 005 006, Liwan: prices, sales and rents →
Value
10011-bedAED 299K · Sep 2019
10021-bedAED 300K · Sep 2019
10031-bedAED 291K · Sep 2019
10041-bedAED 299K · Sep 2019
10051-bedAED 274K · Sep 2019
10061-bedAED 269K · Sep 2019
10071-bedAED 295K · Sep 2019
1–7 of 26

1012, 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 15 September 2019 for AED 295,104, or AED 401 per sqft.
  • Rented since August 2020 on 3 Ejari contracts, from AED 35,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2019 price is 14.2%, before a service charge of about AED 11,000 a year (AED 15.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2024.

Questions about 1012, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 1012 last sell for?

AED 295,104 on 15 September 2019, sold by the developer: AED 401 per sqft for 736 sqft. It is the only registered sale of the unit.

What is the rent for unit 1012?

AED 42,000 a year on the contract signed on 20 August 2024. The previous contract, from August 2021, was AED 35,000; the unit has been rented since August 2020.

How big is unit 1012?

736 sqft (68.4 sqm): a one-bedroom apartment on the 10th floor of a 13-storey tower completed in 2020.

What is unit 1012 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1012? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1012, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 295K, 15 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 295,104
Deposit, UAE resident (20%)
AED 59,021
Deposit, non-resident (40%)
AED 118,042
Monthly over 25 years at 3.7%
AED 1,207

Plus AED 15,304 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →