2-bed · 1,167 sqftMazaya - Shams, Liwan · 1st floor · completed 2014

102, Mazaya - Shams

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 28 September 2024
Last soldAED 790K30 April 2009
Current rentAED 51K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Mazaya - Shams

What is 102 worth today?

Last sold for AED 789,647 in 2009

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28 Sep 2024RentedNew contract
AED 50,600/yr12 months · AED 44 per sqft
25 Sep 2021RentedRenewal
AED 38,000/yr12 months · AED 33 per sqft
25 Sep 2020RentedNew contract
AED 41,000/yr12 months · AED 35 per sqft
15 Aug 2019RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft
5 Dec 2017RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
30 Apr 2009Sold by developerOff-plan
AED 789,647AED 676 per sqft

Source: Dubai Land Department. Updated 28 September 2024.

Key facts

Type
2-bed apartment
Size
1,167 sqft
Floor
1st of 6
Parking
G-61
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 13,500 /yr
Last sold
AED 790K · April 2009

About 102, Mazaya - Shams

102 is a two-bedroom apartment of 1,167 sqft on the 1st floor of Mazaya - Shams, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 30 April 2009 for AED 789,647, or AED 676 per sqft, in line with the AED 693 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 28 September 2024, is AED 50,600 a year: a gross yield of 6.4% on the 2009 price, before the service charge of about AED 13,500 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical two-bed in Mazaya - Shams
600K800K1M2009201420192024Typical sale price by year: 2009 AED 858,507; 2014 AED 606,227; 2023 AED 575,000; 2026 AED 942,500Sold by developer, April 2009: AED 789,647 (AED 676 per sqft)

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

Rents
Unit 102, each contractTypical two-bed in Mazaya - Shams
40K60K80K20152018202120242027Typical rent by year: 2015 AED 82,000; 2016 AED 80,000; 2017 AED 75,500; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 44,500; 2021 AED 40,750; 2022 AED 43,500; 2023 AED 48,400; 2024 AED 53,563; 2025 AED 67,500; 2026 AED 72,000New contract, December 2017: AED 60,000 a yearNew contract, August 2019: AED 50,000 a yearNew contract, September 2020: AED 41,000 a yearRenewal, September 2021: AED 38,000 a yearNew contract, September 2024: AED 50,600 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 102 sits

All 19 2-beds →

102 last sold in April 2009 at AED 676 per sqft, in line with what two-beds in Mazaya - Shams were fetching at the time (AED 693). Over the last 12 months two-beds sold for AED 860,000 to 1,025,000, around AED 708 per sqft, and rent for AED 54,000 to 80,000 a year. 102's AED 50,600 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 2026915,000
4 Sep 2026860,000
14 Apr 2026970,000
16 Feb 20261,025,000
4 2-bed sales 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. 8 sold in the last 12 months.

Typical price per sqft
AED 739
Typical sale
AED 775K
Typical rent
AED 54K /yr
Typical yield
7.9%
Mazaya - Shams, Liwan: prices, sales and rents →

Other units on the 1st floor

All 60 units in Mazaya - Shams
Value
1012-bedAED 500K · Oct 2019
1032-bedAED 740K · Nov 2023
1041-bedAED 401K · Nov 2014
1051-bedAED 433K · May 2009
1061-bedAED 508K · May 2026
1071-bedAED 385K · Aug 2023
1081-bedAED 270K · Aug 2015
1–7 of 12

102, Mazaya - Shams in numbers

  • Sold once: by Al Mazaya Real Estate on 30 April 2009 for AED 789,647, or AED 676 per sqft.
  • Rented since December 2017 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 38,000 in 2021 and recovered to AED 50,600 by September 2024.
  • At AED 50,600 a year the gross yield on the 2009 price is 6.4%, before a service charge of about AED 13,500 a year (AED 11.54 per sqft).
  • Two-beds in Mazaya - Shams sold for AED 860,000–1,025,000 in the 12 months to November 2026; the building's median across all types is AED 739 per sqft.

Source: Dubai Land Department. Updated 28 September 2024.

Questions about 102, Mazaya - Shams

What did unit 102 last sell for?

AED 789,647 on 30 April 2009, sold by the developer: AED 676 per sqft for 1,167 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 50,600 a year on the contract signed on 28 September 2024. The previous contract, from September 2021, was AED 38,000; the unit has been rented since December 2017.

How big is unit 102?

1,167 sqft (108.4 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2014.

What is unit 102 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 860,000 to 1,025,000 in the last 12 months, around AED 708 per sqft.

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Mortgage on 102, Mazaya - Shams

Starts from the last sale price (AED 790K, 30 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 789,647
Deposit, UAE resident (20%)
AED 157,929
Deposit, non-resident (40%)
AED 315,859
Monthly over 25 years at 3.7%
AED 3,231

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