1-bed · 891 sqftMazaya - Shams, Liwan · 3rd floor · completed 2014

308, Mazaya - Shams

Sold prices and rental history: sold 5 times, last in January 2026, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 690K31 January 2026
Current rentAED 60K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mazaya - Shams

What is 308 worth today?

Last sold for AED 690,000 in 2026

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10 Feb 2026RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
31 Jan 2026SoldReady
AED 690,000AED 774 per sqft
24 Dec 2024RentedRenewal
AED 57,000/yr12 months · AED 64 per sqft
24 Dec 2024RentedRenewal
AED 57,000/yr12 months · AED 64 per sqft
19 Feb 2024SoldReady
AED 450,000AED 505 per sqft
25 Dec 2022RentedRenewal
AED 30,000/yr12 months · AED 34 per sqft
25 Dec 2021RentedRenewal
AED 26,000/yr12 months · AED 29 per sqft
25 Dec 2020RentedNew contract
AED 26,000/yr12 months · AED 29 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
1-bed apartment
Size
891 sqft
Floor
3rd of 6
Parking
G-4
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 10,300 /yr
Last sold
AED 690K · January 2026

About 308, Mazaya - Shams

308 is a one-bedroom apartment of 891 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 31 January 2026 for AED 690,000, or AED 774 per sqft, 3% above the AED 749 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 10 February 2026, is AED 60,000 a year: a gross yield of 8.7% on the 2026 price, before the service charge of about AED 10,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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 673,141 (AED 755 per sqft)Sold, May 2014: AED 673,141 (AED 755 per sqft)Sold, June 2014: AED 662,590 (AED 743 per sqft)Sold, February 2024: AED 450,000 (AED 505 per sqft)Sold, January 2026: AED 690,000 (AED 774 per sqft)

308 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 308, each contractTypical one-bed in Mazaya - Shams
20K40K60K2014201820222026Typical 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, December 2017: AED 48,000 a yearNew contract, January 2020: AED 30,000 a yearNew contract, December 2020: AED 26,000 a yearRenewal, December 2021: AED 26,000 a yearRenewal, December 2022: AED 30,000 a yearRenewal, December 2024: AED 57,000 a yearRenewal, December 2024: AED 57,000 a yearNew contract, February 2026: AED 60,000 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 308 sits

All 37 1-beds →

308 last sold in January 2026 at AED 774 per sqft, 3% above what one-beds in Mazaya - Shams were fetching at the time (AED 749). 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. 308's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 May 2026508,000
11 Feb 2026470,000
14 Jan 2026550,000
13 Mar 2025595,000
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
3061-bedAED 560K · Dec 2016
3071-bedAED 500K · Sep 2014
1–7 of 11

308, Mazaya - Shams in numbers

  • Sold 5 times: first on 3 May 2009 for AED 673,141, last on 31 January 2026 for AED 690,000 (AED 774 per sqft).
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 26,000 in 2021 and recovered to AED 60,000 by February 2026.
  • At AED 60,000 a year the gross yield on the 2026 price is 8.7%, before a service charge of about AED 10,300 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 10 February 2026.

Questions about 308, Mazaya - Shams

What did unit 308 last sell for?

AED 690,000 on 31 January 2026: AED 774 per sqft for 891 sqft. The unit has 5 registered sales; the first was AED 673,141 in May 2009.

What is the rent for unit 308?

AED 60,000 a year on the contract signed on 10 February 2026. The previous contract, from December 2024, was AED 57,000; the unit has been rented since December 2017.

How big is unit 308?

891 sqft (82.8 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 308 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 308, Mazaya - Shams

Starts from the last sale price (AED 690K, 31 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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