2-bed · 1,362 sqftMazaya - Shams, Liwan · 1st floor · completed 2014

113, Mazaya - Shams

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 23 May 2023
Last soldAED 540K23 May 2023
Current rentAED 44K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, Mazaya - Shams

What is 113 worth today?

Last sold for AED 540,000 in 2023

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23 May 2023SoldReady
AED 540,000AED 396 per sqft
1 Mar 2023RentedRenewal
AED 44,000/yr12 months · AED 32 per sqft
1 Mar 2022RentedRenewal
AED 40,000/yr12 months · AED 29 per sqft
1 Mar 2021RentedNew contract
AED 40,000/yr12 months · AED 29 per sqft
23 Apr 2019RentedRenewal
AED 45,000/yr12 months · AED 33 per sqft
23 Apr 2018RentedNew contract
AED 62,000/yr12 months · AED 45 per sqft
10 Apr 2017RentedRenewal
AED 80,000/yr12 months · AED 59 per sqft
10 Apr 2016RentedRenewal
AED 80,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 23 May 2023.

Key facts

Type
2-bed apartment
Size
1,362 sqft
Floor
1st of 6
Parking
G-66
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 15,700 /yr
Last sold
AED 540K · May 2023

About 113, Mazaya - Shams

113 is a two-bedroom apartment of 1,362 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 23 May 2023 for AED 540,000, or AED 396 per sqft, 8% below the AED 431 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 44,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 15,700 a year.

Sales and rents for 113 over time

Sales
Unit 113, each saleTypical two-bed in Mazaya - Shams
500K750K1M2009201420192024Typical 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 930,655 (AED 683 per sqft)Sold, December 2014: AED 465,328 (AED 341 per sqft)Sold, May 2023: AED 540,000 (AED 396 per sqft)

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

Rents
Unit 113, 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, April 2015: AED 80,000 a yearRenewal, April 2016: AED 80,000 a yearRenewal, April 2017: AED 80,000 a yearNew contract, April 2018: AED 62,000 a yearRenewal, April 2019: AED 45,000 a yearNew contract, March 2021: AED 40,000 a yearRenewal, March 2022: AED 40,000 a yearRenewal, March 2023: AED 44,000 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 113 sits

All 19 2-beds →

113 last sold in May 2023 at AED 396 per sqft, 8% below what two-beds in Mazaya - Shams were fetching at the time (AED 431). 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. 113's AED 44,000 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
1022-bedAED 790K · Apr 2009
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
1–7 of 12

113, Mazaya - Shams in numbers

  • Sold 3 times: first on 30 April 2009 for AED 930,655, last on 23 May 2023 for AED 540,000 (AED 396 per sqft).
  • Rented since April 2015 on 8 Ejari contracts, from AED 80,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 15,700 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 23 May 2023.

Questions about 113, Mazaya - Shams

What did unit 113 last sell for?

AED 540,000 on 23 May 2023: AED 396 per sqft for 1,362 sqft. The unit has 3 registered sales; the first was AED 930,655 in April 2009.

What is the rent for unit 113?

AED 44,000 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 40,000; the unit has been rented since April 2015.

How big is unit 113?

1,362 sqft (126.5 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2014.

What is unit 113 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 113, Mazaya - Shams

Starts from the last sale price (AED 540K, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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