402, Mazaya - Shams
Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Mazaya - Shams
What is 402 worth today?
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Source: Dubai Land Department. Updated 22 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,834 sqft
- Floor
- 4th of 6
- Parking
- G-54
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 21,200 /yr
- Last sold
- AED 1.32M · June 2014
- Building
- Mazaya - Shams
About 402, Mazaya - Shams
402 is a three-bedroom apartment of 1,834 sqft on the 4th floor of Mazaya - Shams, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 19 June 2014 for AED 1,315,026, or AED 717 per sqft.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 22 September 2024, is AED 95,000 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 21,200 a year.
3-beds in Mazaya - Shams, and where 402 sits
All 4 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Feb 202528 February 2025 | 1,864 sqft | 1,200,000 | 643 | ||
| 25 Oct 202425 October 2024 | 1,569 sqft | 1,050,000 | 669 | ||
| 15 Feb 202315 February 2023 | 1,569 sqft | 900,000 | 573 | ||
| 18 Jun 201718 June 2017 | 1,569 sqft | 520,000 | 331 |
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 4th floor
All 60 units in Mazaya - Shams| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,226 sqft | AED 457KAED 456,980 · May 2014May 2014 | 72,000 /yr | |
| 403 | 2-bed | 1,158 sqft | AED 480KAED 480,000 · Mar 2021March 2021 | 70,000 /yr | |
| 404 | 1-bed | 969 sqft | AED 600KAED 600,000 · Sep 2015September 2015 | ||
| 405 | 2-bed | 1,570 sqft | AED 1.13MAED 1,129,929 · Apr 2009April 2009 | 82,000 /yr | |
| 406 | 2-bed | 1,540 sqft | AED 1.03MAED 1,025,000 · Feb 2026February 2026 | 54,600 /yr | |
| 407 | 3-bed | 1,569 sqft | AED 1.05MAED 1,050,000 · Oct 2024October 2024 | 78,750 /yr |
402, Mazaya - Shams in numbers
- Sold twice: first on 3 May 2009 for AED 1,315,025, last on 19 June 2014 for AED 1,315,026 (AED 717 per sqft).
- Rented since May 2014 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 58,000 in 2021 and recovered to AED 95,000 by September 2024.
- At AED 95,000 a year the gross yield on the 2014 price is 7.2%, before a service charge of about AED 21,200 a year (AED 11.54 per sqft).
Source: Dubai Land Department. Updated 22 September 2024.
Questions about 402, Mazaya - Shams
What did unit 402 last sell for?
AED 1,315,026 on 19 June 2014: AED 717 per sqft for 1,834 sqft. The unit has 2 registered sales; the first was AED 1,315,025 in May 2009.
What is the rent for unit 402?
AED 95,000 a year on the contract signed on 22 September 2024. The previous contract, from August 2023, was AED 71,500; the unit has been rented since May 2014.
How big is unit 402?
1,834 sqft (170.4 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 402, Mazaya - Shams
Starts from the last sale price (AED 1.32M, 19 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,315,026
- Deposit, UAE resident (20%)
- AED 263,005
- Deposit, non-resident (40%)
- AED 526,010
- Monthly over 25 years at 3.7%
- AED 5,380
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →