407, Mazaya - Shams
Sold prices and rental history: sold 4 times, last in October 2024, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Mazaya - Shams
What is 407 worth today?
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Source: Dubai Land Department. Updated 3 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,569 sqft
- Floor
- 4th of 6
- Parking
- G-74
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.05M · October 2024
- Building
- Mazaya - Shams
About 407, Mazaya - Shams
407 is a three-bedroom apartment of 1,569 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 25 October 2024 for AED 1,050,000, or AED 669 per sqft.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 3 November 2024, is AED 78,750 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 18,100 a year.
3-beds in Mazaya - Shams, and where 407 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 | ||
| 15 Feb 202315 February 2023 | 1,569 sqft | 900,000 | 573 | ||
| 12 May 201612 May 2016 | 1,569 sqft | 1,050,000 | 669 | ||
| 30 Mar 201530 March 2015 | 1,864 sqft | 1,500,000 | 804 |
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 | |
| 406 | 2-bed | 1,540 sqft | AED 1.03MAED 1,025,000 · Feb 2026February 2026 | 54,600 /yr |
407, Mazaya - Shams in numbers
- Sold 4 times: first on 3 May 2009 for AED 1,162,739, last on 25 October 2024 for AED 1,050,000 (AED 669 per sqft).
- Rented since July 2016 on 2 Ejari contracts, from AED 90,000 to AED 78,750 a year.
- At AED 78,750 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 18,100 a year (AED 11.54 per sqft).
Source: Dubai Land Department. Updated 3 November 2024.
Questions about 407, Mazaya - Shams
What did unit 407 last sell for?
AED 1,050,000 on 25 October 2024: AED 669 per sqft for 1,569 sqft. The unit has 4 registered sales; the first was AED 1,162,739 in May 2009.
What is the rent for unit 407?
AED 78,750 a year on the contract signed on 3 November 2024. The previous contract, from July 2016, was AED 90,000.
How big is unit 407?
1,569 sqft (145.8 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower completed in 2014.
What is unit 407 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 407, Mazaya - Shams
Starts from the last sale price (AED 1.05M, 25 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →