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1-bed · 724 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 5th floor · completed 2020

503, 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 503 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 291K8 September 2019
Current rentAED 40K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 503 worth today?

Last sold for AED 291,272 in 2019

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15 Sep 2024RentedNew contract
AED 39,600/yr12 months · AED 55 per sqft
15 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 44 per sqft
8 Sep 2019Sold by developerOff-plan
AED 291,272AED 402 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
5th of 13
Parking
M-35
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 · September 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 503, Mazaya 33 Q-Zone Gate Zone MU 005 006

503 is a one-bedroom apartment of 724 sqft on the 5th 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 8 September 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 since 2020 on 2 Ejari contracts. The current contract, signed on 15 September 2024, is AED 39,600 a year: a gross yield of 13.6% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 503 over time

Rents
Unit 503, each contractTypical one-bed in Mazaya 33 Q-Zone Gate Zone MU 005 006
30K40K2020202220242026Typical 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, September 2020: AED 32,000 a yearNew contract, September 2024: AED 39,600 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 503 sits

All 212 1-beds →

503 last sold in September 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). 503's AED 39,600 is at the bottom 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 →

Other units on the 5th floor

All 328 units in Mazaya 33 Q-Zone Gate Zone MU 005 006
Value
5011-bedAED 299K · Sep 2019
5021-bedAED 300K · Sep 2019
5041-bedAED 299K · Sep 2019
5051-bedAED 274K · Sep 2019
5061-bedAED 269K · Oct 2019
5071-bedAED 295K · Sep 2019
5081-bedAED 291K · Sep 2019
1–7 of 26

503, 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 8 September 2019 for AED 291,272, or AED 402 per sqft.
  • Rented since September 2020 on 2 Ejari contracts, from AED 32,000 to AED 39,600 a year.
  • At AED 39,600 a year the gross yield on the 2019 price is 13.6%, before a service charge of about AED 10,900 a year (AED 15.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Questions about 503, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 503 last sell for?

AED 291,272 on 8 September 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 503?

AED 39,600 a year on the contract signed on 15 September 2024. The previous contract, from September 2020, was AED 32,000.

How big is unit 503?

724 sqft (67.3 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2020.

What is unit 503 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 503, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 291K, 8 September 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 AED 15,144 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →