304, Mazaya - Shams
Sold prices and rental history: sold twice, last in July 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Mazaya - Shams
What is 304 worth today?
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Source: Dubai Land Department. Updated 1 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 968 sqft
- Floor
- 3rd of 6
- Parking
- G-47,G-34
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 11,200 /yr
- Last sold
- AED 615K · July 2016
- Building
- Mazaya - Shams
About 304, Mazaya - Shams
304 is a one-bedroom apartment of 968 sqft on the 3rd floor of Mazaya - Shams, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 18 July 2016 for AED 615,000, or AED 635 per sqft, 5% below the AED 666 one-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 September 2023, is AED 40,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 11,200 a year.
Sales and rents for 304 over time
304 has sold twice; 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 304 sits
All 37 1-beds →304 last sold in July 2016 at AED 635 per sqft, 5% below what one-beds in Mazaya - Shams were fetching at the time (AED 666). 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. 304's AED 40,000 is in the lower half 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 | ||
| 302 | 1-bed | 764 sqft | AED 539KAED 539,333 · May 2009May 2009 | 31,000 /yr | |
| 303 | 1-bed | 809 sqft | AED 400KAED 400,000 · Dec 2019December 2019 | 38,000 /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 |
304, Mazaya - Shams in numbers
- Sold twice: first on 10 August 2014 for AED 629,000, last on 18 July 2016 for AED 615,000 (AED 635 per sqft).
- Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 33,000 in 2020 and recovered to AED 40,000 by September 2023.
- At AED 40,000 a year the gross yield on the 2016 price is 6.5%, 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 1 September 2023.
Questions about 304, Mazaya - Shams
What did unit 304 last sell for?
AED 615,000 on 18 July 2016: AED 635 per sqft for 968 sqft. The unit has 2 registered sales; the first was AED 629,000 in August 2014.
What is the rent for unit 304?
AED 40,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 35,000; the unit has been rented since January 2015.
How big is unit 304?
968 sqft (89.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.
What is unit 304 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 304, Mazaya - Shams
Starts from the last sale price (AED 615K, 18 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 615,000
- Deposit, UAE resident (20%)
- AED 123,000
- Deposit, non-resident (40%)
- AED 246,000
- Monthly over 25 years at 3.7%
- AED 2,516
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →