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1-bed · 686 sqftMazaya 33 Q-Zone Gate Zone MU 005 006, Liwan · 7th floor · completed 2020

705, 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 705 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 274K3 September 2019
Current rentAED 41K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Mazaya 33 Q-Zone Gate Zone MU 005 006

What is 705 worth today?

Last sold for AED 274,308 in 2019

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1 Oct 2023RentedNew contract
AED 41,000/yr12 months · AED 60 per sqft
1 Oct 2020RentedNew contract
AED 34,000/yr12 months · AED 50 per sqft
3 Sep 2019Sold by developerOff-plan
AED 274,308AED 400 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2023.

Key facts

Type
1-bed apartment
Size
686 sqft
Floor
7th of 13
Parking
G-153
Developer
Altelal Alkhadraa Real Estate Development Owned By Mazaya Alghad One Person Company
Completed
2020
Service charge
AED 10,300 /yr
Last sold
AED 274K · September 2019
Building
Mazaya 33 Q-Zone Gate Zone MU 005 006

About 705, Mazaya 33 Q-Zone Gate Zone MU 005 006

705 is a one-bedroom apartment of 686 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 274,308, or AED 400 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 1 October 2023, is AED 41,000 a year: a gross yield of 14.9% on the 2019 price, before the service charge of about AED 10,300 a year.

Sales and rents for 705 over time

Rents
Unit 705, 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, October 2020: AED 34,000 a yearNew contract, October 2023: AED 41,000 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 705 sits

All 212 1-beds →

705 last sold in September 2019 at AED 400 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). 705's AED 41,000 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 →

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
7061-bedAED 269K · Sep 2019
7071-bedAED 295K · Sep 2019
7081-bedAED 291K · Sep 2019
1–7 of 26

705, 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 274,308, or AED 400 per sqft.
  • Rented since October 2020 on 2 Ejari contracts, from AED 34,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2019 price is 14.9%, before a service charge of about AED 10,300 a year (AED 15.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2023.

Questions about 705, Mazaya 33 Q-Zone Gate Zone MU 005 006

What did unit 705 last sell for?

AED 274,308 on 3 September 2019, sold by the developer: AED 400 per sqft for 686 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 41,000 a year on the contract signed on 1 October 2023. The previous contract, from October 2020, was AED 34,000.

How big is unit 705?

686 sqft (63.7 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2020.

What is unit 705 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 705, Mazaya 33 Q-Zone Gate Zone MU 005 006

Starts from the last sale price (AED 274K, 3 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 274,308
Deposit, UAE resident (20%)
AED 54,862
Deposit, non-resident (40%)
AED 109,723
Monthly over 25 years at 3.7%
AED 1,122

Plus AED 14,431 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →