2-bed · 1,570 sqftMazaya - Shams, Liwan · 4th floor · completed 2014

405, Mazaya - Shams

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 12 January 2025
Last soldAED 1.13M30 April 2009
Current rentAED 82K /yr12 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Mazaya - Shams

What is 405 worth today?

Last sold for AED 1,129,929 in 2009

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12 Jan 2025RentedNew contract
AED 82,000/yr12 months · AED 52 per sqft
12 Jan 2025RentedNew contract
AED 82,000/yr12 months · AED 52 per sqft
1 Jan 2024RentedRenewal
AED 50,850/yr12 months · AED 32 per sqft
1 Jan 2023RentedRenewal
AED 48,400/yr12 months · AED 31 per sqft
1 Jan 2022RentedRenewal
AED 44,000/yr12 months · AED 28 per sqft
1 Jan 2021RentedNew contract
AED 44,000/yr12 months · AED 28 per sqft
1 Dec 2019RentedNew contract
AED 55,000/yr12 months · AED 35 per sqft
1 Jun 2019RentedNew contract
AED 65,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 12 January 2025.

Key facts

Type
2-bed apartment
Size
1,570 sqft
Floor
4th of 6
Parking
G-59
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 18,100 /yr
Last sold
AED 1.13M · April 2009

About 405, Mazaya - Shams

405 is a two-bedroom apartment of 1,570 sqft on the 4th floor of Mazaya - Shams, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 30 April 2009 for AED 1,129,929, or AED 719 per sqft, 4% above the AED 693 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 12 January 2025, is AED 82,000 a year: a gross yield of 7.3% on the 2009 price, before the service charge of about AED 18,100 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Mazaya - Shams
500K1M2009201420192024Typical 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 1,129,929 (AED 719 per sqft)

405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, each contractTypical two-bed in Mazaya - Shams
50K75K100K20152018202120242027Typical 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, May 2015: AED 92,000 a yearNew contract, June 2016: AED 90,000 a yearRenewal, June 2017: AED 82,000 a yearRenewal, June 2018: AED 72,000 a yearNew contract, June 2019: AED 65,000 a yearNew contract, December 2019: AED 55,000 a yearNew contract, January 2021: AED 44,000 a yearRenewal, January 2022: AED 44,000 a yearRenewal, January 2023: AED 48,400 a yearRenewal, January 2024: AED 50,850 a yearNew contract, January 2025: AED 82,000 a yearNew contract, January 2025: AED 82,000 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 405 sits

All 19 2-beds →

405 last sold in April 2009 at AED 719 per sqft, 4% above what two-beds in Mazaya - Shams were fetching at the time (AED 693). 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. 405's AED 82,000 is at the top 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
4032-bedAED 480K · Mar 2021
4041-bedAED 600K · Sep 2015
4062-bedAED 1.03M · Feb 2026
4073-bedAED 1.05M · Oct 2024

405, Mazaya - Shams in numbers

  • Sold once: by Al Mazaya Real Estate on 30 April 2009 for AED 1,129,929, or AED 719 per sqft.
  • Rented since May 2015 on 12 Ejari contracts. The rent fell from AED 92,000 to AED 44,000 in 2022 and recovered to AED 82,000 by January 2025.
  • At AED 82,000 a year the gross yield on the 2009 price is 7.3%, before a service charge of about AED 18,100 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 12 January 2025.

Questions about 405, Mazaya - Shams

What did unit 405 last sell for?

AED 1,129,929 on 30 April 2009, sold by the developer: AED 719 per sqft for 1,570 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 82,000 a year on the contract signed on 12 January 2025. The previous contract, from January 2025, was AED 82,000; the unit has been rented since May 2015.

How big is unit 405?

1,570 sqft (145.9 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.

What is unit 405 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 405, Mazaya - Shams

Starts from the last sale price (AED 1.13M, 30 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,129,929
Deposit, UAE resident (20%)
AED 225,986
Deposit, non-resident (40%)
AED 451,972
Monthly over 25 years at 3.7%
AED 4,623

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