1-bed · 780 sqftMazaya - Shams, Liwan · 3rd floor · completed 2014

306, Mazaya - Shams

Sold prices and rental history: sold 3 times, last in December 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 2 March 2026
Last soldAED 560K12 December 2016
Current rentAED 35K /yr2 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Mazaya - Shams

What is 306 worth today?

Last sold for AED 560,000 in 2016

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2 Mar 2026RentedRenewal
AED 35,000/yr12 months · AED 45 per sqft
2 Mar 2025RentedRenewal
AED 35,000/yr12 months · AED 45 per sqft
2 Mar 2024RentedRenewal
AED 30,000/yr12 months · AED 38 per sqft
2 Mar 2023RentedNew contract
AED 28,000/yr12 months · AED 36 per sqft
2 Mar 2022RentedRenewal
AED 28,000/yr12 months · AED 36 per sqft
2 Mar 2021RentedRenewal
AED 28,000/yr12 months · AED 36 per sqft
1 Mar 2020RentedNew contract
AED 31,093/yr12 months · AED 40 per sqft
12 Dec 2016SoldReady
AED 560,000AED 717 per sqft

Source: Dubai Land Department. Updated 2 March 2026.

Key facts

Type
1-bed apartment
Size
780 sqft
Floor
3rd of 6
Parking
G-13
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 9,000 /yr
Last sold
AED 560K · December 2016

About 306, Mazaya - Shams

306 is a one-bedroom apartment of 780 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 12 December 2016 for AED 560,000, or AED 717 per sqft, in line with the AED 717 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 2 March 2026, is AED 35,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 9,000 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Mazaya - Shams
400K600K2009201420192024Typical 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 534,617 (AED 685 per sqft)Sold, May 2014: AED 267,309 (AED 342 per sqft)Sold, December 2016: AED 560,000 (AED 717 per sqft)

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

Rents
Unit 306, 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, September 2014: AED 53,000 a yearNew contract, March 2020: AED 31,093 a yearRenewal, March 2021: AED 28,000 a yearRenewal, March 2022: AED 28,000 a yearNew contract, March 2023: AED 28,000 a yearRenewal, March 2024: AED 30,000 a yearRenewal, March 2025: AED 35,000 a yearRenewal, March 2026: AED 35,000 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 306 sits

All 37 1-beds →

306 last sold in December 2016 at AED 717 per sqft, in line with what one-beds in Mazaya - Shams were fetching at the time (AED 717). 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. 306's AED 35,000 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 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
3051-bedAED 450K · Feb 2024
3071-bedAED 500K · Sep 2014
3081-bedAED 690K · Jan 2026
1–7 of 11

306, Mazaya - Shams in numbers

  • Sold 3 times: first on 3 May 2009 for AED 534,617, last on 12 December 2016 for AED 560,000 (AED 717 per sqft).
  • Rented since September 2014 on 8 Ejari contracts. The rent fell from AED 53,000 to AED 28,000 in 2023 and recovered to AED 35,000 by March 2026.
  • At AED 35,000 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 9,000 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 2 March 2026.

Questions about 306, Mazaya - Shams

What did unit 306 last sell for?

AED 560,000 on 12 December 2016: AED 717 per sqft for 780 sqft. The unit has 3 registered sales; the first was AED 534,617 in May 2009.

What is the rent for unit 306?

AED 35,000 a year on the contract renewed on 2 March 2026. The previous contract, from March 2025, was AED 35,000; the unit has been rented since September 2014.

How big is unit 306?

780 sqft (72.5 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 306 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 306, Mazaya - Shams

Starts from the last sale price (AED 560K, 12 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

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