2-bed · 1,226 sqftMazaya - Shams, Liwan · 4th floor · completed 2014

401, Mazaya - Shams

Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 457K8 May 2014
Current rentAED 65K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Mazaya - Shams

What is 401 worth today?

Last sold for AED 456,980 in 2014

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1 Mar 2025RentedNew contract
AED 65,000/yr12 months · AED 53 per sqft
30 Dec 2023RentedRenewal
AED 41,100/yr12 months · AED 34 per sqft
30 Dec 2022RentedRenewal
AED 41,100/yr12 months · AED 34 per sqft
30 Dec 2021RentedRenewal
AED 36,000/yr12 months · AED 29 per sqft
12 Dec 2018RentedNew contract
AED 50,000/yr12 months · AED 41 per sqft
10 May 2018RentedRenewal
AED 55,000/yr12 months · AED 45 per sqft
10 May 2017RentedRenewal
AED 65,000/yr12 months · AED 53 per sqft
10 May 2016RentedNew contract
AED 65,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
1,226 sqft
Floor
4th of 6
Parking
G-68
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 14,200 /yr
Last sold
AED 457K · May 2014

About 401, Mazaya - Shams

401 is a two-bedroom apartment of 1,226 sqft on the 4th floor of Mazaya - Shams, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 8 May 2014 for AED 456,980, or AED 372 per sqft.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 1 March 2025, is AED 65,000 a year: a gross yield of 14.2% on the 2014 price, before the service charge of about AED 14,200 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Mazaya - Shams
500K750K2009201320172021Typical sale price by year: 2009 AED 858,507; 2014 AED 606,227; 2023 AED 575,000Sold by developer, May 2009: AED 913,959 (AED 745 per sqft)Sold, May 2014: AED 456,980 (AED 372 per sqft)

401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, each contractTypical two-bed in Mazaya - Shams
50K75K2015201820212024Typical rent by year: 2015 AED 84,000; 2016 AED 82,000; 2017 AED 75,500; 2018 AED 63,500; 2019 AED 55,000; 2020 AED 46,500; 2021 AED 40,000; 2022 AED 43,500; 2023 AED 48,400; 2024 AED 52,000; 2025 AED 67,500New contract, May 2015: AED 75,000 a yearNew contract, May 2016: AED 65,000 a yearRenewal, May 2017: AED 65,000 a yearRenewal, May 2018: AED 55,000 a yearNew contract, December 2018: AED 50,000 a yearRenewal, December 2021: AED 36,000 a yearRenewal, December 2022: AED 41,100 a yearRenewal, December 2023: AED 41,100 a yearNew contract, March 2025: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya - Shams, and where 401 sits

All 19 2-beds →

Over the last 12 months two-beds sold for AED 1,025,000, around AED 665 per sqft, and rent for AED 54,000 to 54,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20261,025,000
11 Jun 2025950,000
29 Nov 2023740,000
23 May 2023540,000
1 2-bed sale in the last 12 months

Mazaya - Shams

Building

60 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 716
Typical sale
AED 620K
Typical rent
AED 54K /yr
Typical yield
7.8%
Mazaya - Shams, Liwan: prices, sales and rents →

Other units on the 4th floor

All 60 units in Mazaya - Shams
Value
4023-bedAED 1.32M · Jun 2014
4032-bedAED 480K · Mar 2021
4041-bedAED 600K · Sep 2015
4052-bedAED 1.13M · Apr 2009
4062-bedAED 1.03M · Feb 2026
4073-bedAED 1.05M · Oct 2024

401, Mazaya - Shams in numbers

  • Sold twice: first on 3 May 2009 for AED 913,959, last on 8 May 2014 for AED 456,980 (AED 372 per sqft).
  • Rented since May 2015 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 36,000 in 2021 and recovered to AED 65,000 by March 2025.
  • At AED 65,000 a year the gross yield on the 2014 price is 14.2%, before a service charge of about AED 14,200 a year (AED 11.54 per sqft).
  • Two-beds in Mazaya - Shams sold for AED 1,025,000–1,025,000 in the 12 months to November 2026; the building's median across all types is AED 716 per sqft.

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 401, Mazaya - Shams

What did unit 401 last sell for?

AED 456,980 on 8 May 2014: AED 372 per sqft for 1,226 sqft. The unit has 2 registered sales; the first was AED 913,959 in May 2009.

What is the rent for unit 401?

AED 65,000 a year on the contract signed on 1 March 2025. The previous contract, from December 2023, was AED 41,100; the unit has been rented since May 2015.

How big is unit 401?

1,226 sqft (113.9 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya - Shams sold for AED 1,025,000 to 1,025,000 in the last 12 months, around AED 665 per sqft.

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Mortgage on 401, Mazaya - Shams

Starts from the last sale price (AED 457K, 8 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 456,980
Deposit, UAE resident (20%)
AED 91,396
Deposit, non-resident (40%)
AED 182,792
Monthly over 25 years at 3.7%
AED 1,870

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