2-bed · 1,702 sqftMazaya - Shams, Liwan · 1st floor · completed 2014

103, Mazaya - Shams

Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 29 November 2023
Last soldAED 740K29 November 2023
Current rentAED 55K /yr1 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Mazaya - Shams

What is 103 worth today?

Last sold for AED 740,000 in 2023

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29 Nov 2023SoldReady
AED 740,000AED 434 per sqft
1 May 2019RentedNew contract
AED 55,000/yr12 months · AED 32 per sqft
10 Dec 2018SoldReady
AED 750,000AED 440 per sqft
1 May 2018RentedNew contract
AED 73,000/yr12 months · AED 43 per sqft
26 Nov 2014Sold by developerReady
AED 1,225,750AED 720 per sqft

Source: Dubai Land Department. Updated 29 November 2023.

Key facts

Type
2-bed apartment
Size
1,702 sqft
Floor
1st of 6
Parking
G-57,G-45,G-37
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 19,600 /yr
Last sold
AED 740K · November 2023

About 103, Mazaya - Shams

103 is a two-bedroom apartment of 1,702 sqft on the 1st floor of Mazaya - Shams, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 29 November 2023 for AED 740,000, or AED 434 per sqft, in line with the AED 433 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 May 2019, is AED 55,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 19,600 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Mazaya - Shams
500K1M2009201420192024Typical sale price by year: 2009 AED 858,507; 2014 AED 606,227; 2023 AED 575,000; 2026 AED 942,500Sold by developer, November 2014: AED 1,225,750 (AED 720 per sqft)Sold, December 2018: AED 750,000 (AED 440 per sqft)Sold, November 2023: AED 740,000 (AED 434 per sqft)

103 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 103, 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, May 2018: AED 73,000 a yearNew contract, May 2019: AED 55,000 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 103 sits

All 19 2-beds →

103 last sold in November 2023 at AED 434 per sqft, in line with what two-beds in Mazaya - Shams were fetching at the time (AED 433). 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. 103's AED 55,000 is in the lower half 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
1022-bedAED 790K · Apr 2009
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

103, Mazaya - Shams in numbers

  • Sold 3 times: first on 26 November 2014 for AED 1,225,750, last on 29 November 2023 for AED 740,000 (AED 434 per sqft).
  • Rented since May 2018 on 2 Ejari contracts, from AED 73,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 19,600 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 29 November 2023.

Questions about 103, Mazaya - Shams

What did unit 103 last sell for?

AED 740,000 on 29 November 2023: AED 434 per sqft for 1,702 sqft. The unit has 3 registered sales; the first was AED 1,225,750 in November 2014.

What is the rent for unit 103?

AED 55,000 a year on the contract signed on 1 May 2019. The previous contract, from May 2018, was AED 73,000.

How big is unit 103?

1,702 sqft (158.1 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2014.

What is unit 103 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 103, Mazaya - Shams

Starts from the last sale price (AED 740K, 29 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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