2-bed · 1,158 sqftMazaya - Shams, Liwan · 4th floor · completed 2014

403, Mazaya - Shams

Sold prices and rental history: sold 3 times, last in March 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 480K17 March 2021
Current rentAED 70K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Mazaya - Shams

What is 403 worth today?

Last sold for AED 480,000 in 2021

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1 Jul 2026RentedRenewal
AED 70,000/yr12 months · AED 60 per sqft
1 Jul 2025RentedNew contract
AED 70,000/yr12 months · AED 60 per sqft
1 Jul 2025RentedNew contract
AED 70,000/yr12 months · AED 60 per sqft
10 Jun 2024RentedRenewal
AED 65,000/yr12 months · AED 56 per sqft
10 Jun 2023RentedRenewal
AED 52,000/yr12 months · AED 45 per sqft
10 Jun 2022RentedNew contract
AED 40,000/yr12 months · AED 35 per sqft
25 May 2021RentedNew contract
AED 35,000/yr12 months · AED 30 per sqft
17 Mar 2021SoldReady
AED 480,000AED 414 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,158 sqft
Floor
4th of 6
Parking
G-64
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 480K · March 2021

About 403, Mazaya - Shams

403 is a two-bedroom apartment of 1,158 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 17 March 2021 for AED 480,000, or AED 414 per sqft.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 70,000 a year: a gross yield of 14.6% on the 2021 price, before the service charge of about AED 13,400 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Mazaya - Shams
500K750K1M2009201420192024Typical sale price by year: 2009 AED 858,507; 2014 AED 606,227; 2023 AED 575,000; 2026 AED 942,500Sold by developer, April 2009: AED 803,055 (AED 693 per sqft)Sold, May 2014: AED 401,528 (AED 346 per sqft)Sold, March 2021: AED 480,000 (AED 414 per sqft)

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

Rents
Unit 403, each contractTypical two-bed in Mazaya - Shams
50K75K2015201920232027Typical rent by year: 2015 AED 82,000; 2016 AED 80,000; 2017 AED 75,500; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 44,500; 2021 AED 40,750; 2022 AED 43,500; 2023 AED 48,400; 2024 AED 53,563; 2025 AED 67,500; 2026 AED 72,000New contract, September 2015: AED 74,000 a yearNew contract, November 2016: AED 70,000 a yearNew contract, October 2017: AED 64,000 a yearNew contract, December 2018: AED 55,000 a yearRenewal, December 2019: AED 50,000 a yearNew contract, May 2021: AED 35,000 a yearNew contract, June 2022: AED 40,000 a yearRenewal, June 2023: AED 52,000 a yearRenewal, June 2024: AED 65,000 a yearNew contract, July 2025: AED 70,000 a yearNew contract, July 2025: AED 70,000 a yearRenewal, July 2026: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mazaya - Shams, and where 403 sits

All 19 2-beds →

Over the last 12 months two-beds sold for AED 860,000 to 1,025,000, around AED 708 per sqft, and rent for AED 54,000 to 80,000 a year. 403's AED 70,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 2026915,000
4 Sep 2026860,000
14 Apr 2026970,000
16 Feb 20261,025,000
4 2-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 4th floor

All 60 units in Mazaya - Shams
Value
4012-bedAED 457K · May 2014
4023-bedAED 1.32M · Jun 2014
4041-bedAED 600K · Sep 2015
4052-bedAED 1.13M · Apr 2009
4062-bedAED 1.03M · Feb 2026
4073-bedAED 1.05M · Oct 2024

403, Mazaya - Shams in numbers

  • Sold 3 times: first on 30 April 2009 for AED 803,055, last on 17 March 2021 for AED 480,000 (AED 414 per sqft).
  • Rented since September 2015 on 12 Ejari contracts. The rent fell from AED 74,000 to AED 35,000 in 2021 and recovered to AED 70,000 by July 2026.
  • At AED 70,000 a year the gross yield on the 2021 price is 14.6%, before a service charge of about AED 13,400 a year (AED 11.54 per sqft).
  • Two-beds in Mazaya - Shams sold for AED 860,000–1,025,000 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 July 2026.

Questions about 403, Mazaya - Shams

What did unit 403 last sell for?

AED 480,000 on 17 March 2021: AED 414 per sqft for 1,158 sqft. The unit has 3 registered sales; the first was AED 803,055 in April 2009.

What is the rent for unit 403?

AED 70,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 70,000; the unit has been rented since September 2015.

How big is unit 403?

1,158 sqft (107.6 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mazaya - Shams sold for AED 860,000 to 1,025,000 in the last 12 months, around AED 708 per sqft.

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Mortgage on 403, Mazaya - Shams

Starts from the last sale price (AED 480K, 17 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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