1-bed · 686 sqftMazaya - Shams, Liwan · 3rd floor · completed 2014

305, Mazaya - Shams

Sold prices and rental history: sold 4 times, last in February 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 450K15 February 2024
Current rentAED 38K /yr24 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Mazaya - Shams

What is 305 worth today?

Last sold for AED 450,000 in 2024

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15 Feb 2024SoldReady
AED 450,000AED 656 per sqft
24 Jun 2023RentedNew contract
AED 38,000/yr12 months · AED 55 per sqft
20 May 2021RentedNew contract
AED 25,000/yr12 months · AED 36 per sqft
7 Apr 2015SoldReady
AED 545,000AED 794 per sqft
8 Dec 2014SoldReady
AED 486,513AED 709 per sqft
3 May 2009Sold by developerOff-plan
AED 486,513AED 709 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
1-bed apartment
Size
686 sqft
Floor
3rd of 6
Parking
G-18
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 7,900 /yr
Last sold
AED 450K · February 2024

About 305, Mazaya - Shams

305 is a one-bedroom apartment of 686 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 15 February 2024 for AED 450,000, or AED 656 per sqft, 26% above the AED 519 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 24 June 2023, is AED 38,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 7,900 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in Mazaya - Shams
400K500K2009201420192024Typical 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, May 2009: AED 486,513 (AED 709 per sqft)Sold, December 2014: AED 486,513 (AED 709 per sqft)Sold, April 2015: AED 545,000 (AED 794 per sqft)Sold, February 2024: AED 450,000 (AED 656 per sqft)

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

Rents
Unit 305, each contractTypical one-bed in Mazaya - Shams
20K40K2014201820222026Typical 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, May 2021: AED 25,000 a yearNew contract, June 2023: AED 38,000 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 305 sits

All 37 1-beds →

305 last sold in February 2024 at AED 656 per sqft, 26% above what one-beds in Mazaya - Shams were fetching at the time (AED 519). 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. 305's AED 38,000 is in the lower half 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 3rd floor

All 60 units in Mazaya - Shams
Value
3012-bedAED 791K · May 2009
3021-bedAED 539K · May 2009
3031-bedAED 400K · Dec 2019
3041-bedAED 615K · Jul 2016
3061-bedAED 560K · Dec 2016
3071-bedAED 500K · Sep 2014
3081-bedAED 690K · Jan 2026
1–7 of 11

305, Mazaya - Shams in numbers

  • Sold 4 times: first on 3 May 2009 for AED 486,513, last on 15 February 2024 for AED 450,000 (AED 656 per sqft).
  • Rented since May 2021 on 2 Ejari contracts, from AED 25,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 7,900 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 February 2024.

Questions about 305, Mazaya - Shams

What did unit 305 last sell for?

AED 450,000 on 15 February 2024: AED 656 per sqft for 686 sqft. The unit has 4 registered sales; the first was AED 486,513 in May 2009.

What is the rent for unit 305?

AED 38,000 a year on the contract signed on 24 June 2023. The previous contract, from May 2021, was AED 25,000.

How big is unit 305?

686 sqft (63.7 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 305 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 305, Mazaya - Shams

Starts from the last sale price (AED 450K, 15 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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