2-bed · 1,218 sqftMazaya - Shams, Liwan · 5th floor · completed 2014

501, Mazaya - Shams

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 610K7 April 2023
Current rentAED 60K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Mazaya - Shams

What is 501 worth today?

Last sold for AED 610,000 in 2023

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15 Oct 2025RentedRenewal
AED 60,000/yr12 months · AED 49 per sqft
15 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 49 per sqft
15 Oct 2023RentedNew contract
AED 60,000/yr12 months · AED 49 per sqft
7 Apr 2023SoldReady
AED 610,000AED 501 per sqft
15 Dec 2021RentedNew contract
AED 40,000/yr12 months · AED 33 per sqft
30 Dec 2020RentedNew contract
AED 39,000/yr12 months · AED 32 per sqft
15 Oct 2020Sold by developerReady
AED 530,000AED 435 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2025.

Key facts

Type
2-bed apartment
Size
1,218 sqft
Floor
5th of 6
Parking
G-63,G-31
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 14,100 /yr
Last sold
AED 610K · April 2023

About 501, Mazaya - Shams

501 is a two-bedroom apartment of 1,218 sqft on the 5th floor of Mazaya - Shams, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 7 April 2023 for AED 610,000, or AED 501 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 October 2025, is AED 60,000 a year: a gross yield of 9.8% on the 2023 price, before the service charge of about AED 14,100 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Mazaya - Shams
600K800K2009201320172021Typical sale price by year: 2009 AED 858,507; 2014 AED 606,227; 2023 AED 575,000Sold by developer, October 2020: AED 530,000 (AED 435 per sqft)Sold, April 2023: AED 610,000 (AED 501 per sqft)

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

Rents
Unit 501, 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, December 2020: AED 39,000 a yearNew contract, December 2021: AED 40,000 a yearNew contract, October 2023: AED 60,000 a yearNew contract, October 2024: AED 60,000 a yearRenewal, October 2025: AED 60,000 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 501 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 51K /yr
Typical yield
7.0%
Mazaya - Shams, Liwan: prices, sales and rents →

Other units on the 5th floor

All 60 units in Mazaya - Shams
Value
5023-bedAED 1.2M · Feb 2025
5032-bedAED 525K · Jan 2023
5041-bedAED 677K · Jun 2014
5052-bedAED 640K · Nov 2021
5062-bedAED 425K · Sep 2018
5073-bedAED 900K · Feb 2023

501, Mazaya - Shams in numbers

  • Sold twice: first on 15 October 2020 for AED 530,000, last on 7 April 2023 for AED 610,000 (AED 501 per sqft).
  • Rented since December 2020 on 5 Ejari contracts, from AED 39,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 9.8%, before a service charge of about AED 14,100 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: YallaValue analysis of Dubai Land Department records. Updated 15 October 2025.

Questions about 501, Mazaya - Shams

What did unit 501 last sell for?

AED 610,000 on 7 April 2023: AED 501 per sqft for 1,218 sqft. The unit has 2 registered sales; the first was AED 530,000 in October 2020.

What is the rent for unit 501?

AED 60,000 a year on the contract renewed on 15 October 2025. The previous contract, from October 2024, was AED 60,000; the unit has been rented since December 2020.

How big is unit 501?

1,218 sqft (113.2 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.

What is unit 501 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 501, Mazaya - Shams

Starts from the last sale price (AED 610K, 7 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

Plus AED 30,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →