1-bed · 972 sqftMazaya - Shams, Liwan · 2nd floor · completed 2014

204, Mazaya - Shams

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 530K25 November 2024
Current rentAED 30K /yr12 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Mazaya - Shams

What is 204 worth today?

Last sold for AED 530,000 in 2024

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25 Nov 2024SoldReady
AED 530,000AED 545 per sqft
10 Sep 2024SoldReady
AED 425,000AED 437 per sqft
12 Nov 2023RentedRenewal
AED 29,981/yr12 months · AED 31 per sqft
12 Nov 2022RentedNew contract
AED 26,000/yr12 months · AED 27 per sqft
12 Nov 2021RentedRenewal
AED 26,000/yr12 months · AED 27 per sqft
12 Nov 2020RentedNew contract
AED 26,000/yr12 months · AED 27 per sqft
28 Aug 2014SoldReady
AED 387,934AED 398 per sqft
30 Apr 2009Sold by developerOff-plan
AED 775,868AED 797 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
1-bed apartment
Size
972 sqft
Floor
2nd of 6
Parking
G-2
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,200 /yr
Last sold
AED 530K · November 2024

About 204, Mazaya - Shams

204 is a one-bedroom apartment of 972 sqft on the 2nd floor of Mazaya - Shams, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 25 November 2024 for AED 530,000, or AED 545 per sqft, in line with the AED 545 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 12 November 2023, is AED 29,981 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 11,200 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Mazaya - Shams
400K600K800K2009201420192024Typical sale price by year: 2009 AED 528,990; 2014 AED 486,513; 2015 AED 479,252; 2016 AED 560,000; 2023 AED 393,000; 2024 AED 450,000; 2026 AED 529,000Sold by developer, April 2009: AED 775,868 (AED 797 per sqft)Sold, August 2014: AED 387,934 (AED 398 per sqft)Sold, September 2024: AED 425,000 (AED 437 per sqft)Sold, November 2024: AED 530,000 (AED 545 per sqft)

204 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 204, each contractTypical one-bed in Mazaya - Shams
40K2014201820222026Typical rent by year: 2014 AED 52,000; 2015 AED 54,000; 2016 AED 52,500; 2017 AED 49,000; 2018 AED 43,000; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 39,050; 2025 AED 45,000; 2026 AED 48,000New contract, November 2020: AED 26,000 a yearRenewal, November 2021: AED 26,000 a yearNew contract, November 2022: AED 26,000 a yearRenewal, November 2023: AED 29,981 a year

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

1-beds in Mazaya - Shams, and where 204 sits

All 37 1-beds →

204 last sold in November 2024 at AED 545 per sqft, in line with what one-beds in Mazaya - Shams were fetching at the time (AED 545). Over the last 12 months one-beds sold for AED 470,000 to 690,000, around AED 739 per sqft, and rent for AED 35,000 to 80,000 a year. 204's AED 29,981 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 May 2026508,000
11 Feb 2026470,000
31 Jan 2026690,000
14 Jan 2026550,000
4 1-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 2nd floor

All 60 units in Mazaya - Shams
Value
2012-bedAED 779K · Apr 2009
2021-bedAED 520K · Feb 2018
2031-bedAED 576K · Apr 2009
2051-bedAED 535K · Aug 2024
2061-bedAED 405K · Oct 2023
2071-bedAED 470K · Feb 2026
2081-bedAED 636K · Apr 2009
1–7 of 11

204, Mazaya - Shams in numbers

  • Sold 4 times: first on 30 April 2009 for AED 775,868, last on 25 November 2024 for AED 530,000 (AED 545 per sqft).
  • Rented since November 2020 on 4 Ejari contracts, from AED 26,000 to AED 29,981 a year.
  • At AED 29,981 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 11,200 a year (AED 11.54 per sqft).
  • One-beds in Mazaya - Shams sold for AED 470,000–690,000 in the 12 months to November 2026; the building's median across all types is AED 739 per sqft.

Source: Dubai Land Department. Updated 25 November 2024.

Questions about 204, Mazaya - Shams

What did unit 204 last sell for?

AED 530,000 on 25 November 2024: AED 545 per sqft for 972 sqft. The unit has 4 registered sales; the first was AED 775,868 in April 2009.

What is the rent for unit 204?

AED 29,981 a year on the contract renewed on 12 November 2023. The previous contract, from November 2022, was AED 26,000; the unit has been rented since November 2020.

How big is unit 204?

972 sqft (90.3 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya - Shams sold for AED 470,000 to 690,000 in the last 12 months, around AED 739 per sqft.

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Mortgage on 204, Mazaya - Shams

Starts from the last sale price (AED 530K, 25 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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