
302, Mazaya - Shams
Sold prices and rental history: sold once, by the developer in May 2009, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Mazaya - Shams
What is 302 worth today?
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Source: Dubai Land Department. Updated 15 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 764 sqft
- Floor
- 3rd of 6
- Parking
- G-44
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 8,800 /yr
- Last sold
- AED 539K · May 2009
- Building
- Mazaya - Shams
About 302, Mazaya - Shams
302 is a one-bedroom apartment of 764 sqft on the 3rd floor of Mazaya - Shams, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 3 May 2009 for AED 539,333, or AED 705 per sqft, in line with the AED 700 one-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 15 July 2022, is AED 31,000 a year: a gross yield of 5.8% on the 2009 price, before the service charge of about AED 8,800 a year.
Sales and rents for 302 over time
302 has sold once; the dashed line is the one-bed median of each year in the building.
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 302 sits
All 37 1-beds →302 last sold in May 2009 at AED 705 per sqft, in line with what one-beds in Mazaya - Shams were fetching at the time (AED 700). 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. 302's AED 31,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 May 20266 May 2026 | 697 sqft | 508,000 | 729 | ||
| 11 Feb 202611 February 2026 | 687 sqft | 470,000 | 683 | ||
| 31 Jan 202631 January 2026 | 891 sqft | 690,000 | 774 | ||
| 14 Jan 202614 January 2026 | 734 sqft | 550,000 | 749 |
Mazaya - Shams
Building60 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%
Other units on the 3rd floor
All 60 units in Mazaya - Shams| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,144 sqft | AED 791KAED 791,089 · May 2009May 2009 | ||
| 303 | 1-bed | 809 sqft | AED 400KAED 400,000 · Dec 2019December 2019 | 38,000 /yr | |
| 304 | 1-bed | 968 sqft | AED 615KAED 615,000 · Jul 2016July 2016 | 40,000 /yr | |
| 305 | 1-bed | 686 sqft | AED 450KAED 450,000 · Feb 2024February 2024 | 38,000 /yr | |
| 306 | 1-bed | 780 sqft | AED 560KAED 560,000 · Dec 2016December 2016 | 35,000 /yr | |
| 307 | 1-bed | 688 sqft | AED 500KAED 500,000 · Sep 2014September 2014 | 48,000 /yr | |
| 308 | 1-bed | 891 sqft | AED 690KAED 690,000 · Jan 2026January 2026 | 60,000 /yr | |
| 309 | 1-bed | 642 sqft | AED 456KAED 455,863 · Jun 2015June 2015 | 48,000 /yr | |
| 310 | 1-bed | 678 sqft | AED 525KAED 525,000 · May 2015May 2015 | 40,000 /yr | |
| 311 | 2-bed | 1,022 sqft | AED 680KAED 680,000 · Dec 2017December 2017 | ||
| 312 | 1-bed | 734 sqft | AED 522KAED 521,968 · Apr 2009April 2009 | 51,000 /yr |
302, Mazaya - Shams in numbers
- Sold once: by Al Mazaya Real Estate on 3 May 2009 for AED 539,333, or AED 705 per sqft.
- Rented since August 2014 on 3 Ejari contracts. The rent fell from AED 50,000 to AED 28,000 in 2020 and recovered to AED 31,000 by July 2022.
- At AED 31,000 a year the gross yield on the 2009 price is 5.8%, before a service charge of about AED 8,800 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 15 July 2022.
Questions about 302, Mazaya - Shams
What did unit 302 last sell for?
AED 539,333 on 3 May 2009, sold by the developer: AED 705 per sqft for 764 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 31,000 a year on the contract signed on 15 July 2022. The previous contract, from July 2020, was AED 28,000; the unit has been rented since August 2014.
How big is unit 302?
764 sqft (71.0 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.
What is unit 302 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 302, Mazaya - Shams
Starts from the last sale price (AED 539K, 3 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 539,333
- Deposit, UAE resident (20%)
- AED 107,867
- Deposit, non-resident (40%)
- AED 215,733
- Monthly over 25 years at 3.7%
- AED 2,207
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →