406, Mazaya - Shams
Sold prices and rental history: sold twice, last in February 2026, 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 406, Mazaya - Shams
What is 406 worth today?
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Source: Dubai Land Department. Updated 16 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,540 sqft
- Floor
- 4th of 6
- Parking
- G-73
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.03M · February 2026
- Building
- Mazaya - Shams
About 406, Mazaya - Shams
406 is a two-bedroom apartment of 1,540 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 16 February 2026 for AED 1,025,000, or AED 665 per sqft.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 54,600 a year: a gross yield of 5.3% on the 2026 price, before the service charge of about AED 17,800 a year.
Sales and rents for 406 over time
406 has sold twice; the dashed line is the two-bed median of each year in the building.
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 406 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. 406's AED 54,600 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 1,218 sqft | 915,000 | 751 | ||
| 4 Sep 20264 September 2026 | 1,021 sqft | 860,000 | 841 | ||
| 14 Apr 202614 April 2026 | 1,474 sqft | 970,000 | 658 | ||
| 11 Jun 202511 June 2025 | 1,651 sqft | 950,000 | 575 |
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 | |
| 402 | 3-bed | 1,834 sqft | AED 1.32MAED 1,315,026 · Jun 2014June 2014 | 95,000 /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 | |
| 407 | 3-bed | 1,569 sqft | AED 1.05MAED 1,050,000 · Oct 2024October 2024 | 78,750 /yr |
406, Mazaya - Shams in numbers
- Sold twice: first on 13 May 2009 for AED 1,108,252, last on 16 February 2026 for AED 1,025,000 (AED 665 per sqft).
- Rented since April 2014 on 13 Ejari contracts. The rent fell from AED 90,000 to AED 42,000 in 2021 and recovered to AED 54,600 by May 2025.
- At AED 54,600 a year the gross yield on the 2026 price is 5.3%, before a service charge of about AED 17,800 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 16 February 2026.
Questions about 406, Mazaya - Shams
What did unit 406 last sell for?
AED 1,025,000 on 16 February 2026: AED 665 per sqft for 1,540 sqft. The unit has 2 registered sales; the first was AED 1,108,252 in May 2009.
What is the rent for unit 406?
AED 54,600 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 54,600; the unit has been rented since April 2014.
How big is unit 406?
1,540 sqft (143.1 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.
What is unit 406 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 406, Mazaya - Shams
Starts from the last sale price (AED 1.03M, 16 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,025,000
- Deposit, UAE resident (20%)
- AED 205,000
- Deposit, non-resident (40%)
- AED 410,000
- Monthly over 25 years at 3.7%
- AED 4,194
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →