502, Mazaya - Shams
Sold prices and rental history: sold 4 times, last in February 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Mazaya - Shams
What is 502 worth today?
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Source: Dubai Land Department. Updated 28 February 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,864 sqft
- Floor
- 5th of 6
- Parking
- G-55,G-56
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 21,500 /yr
- Last sold
- AED 1.2M · February 2025
- Building
- Mazaya - Shams
About 502, Mazaya - Shams
502 is a three-bedroom apartment of 1,864 sqft on the 5th floor of Mazaya - Shams, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 28 February 2025 for AED 1,200,000, or AED 643 per sqft.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 17 May 2024, is AED 90,000 a year: a gross yield of 7.5% on the 2025 price, before the service charge of about AED 21,500 a year.
3-beds in Mazaya - Shams, and where 502 sits
All 4 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 12 May 201612 May 2016 | 1,569 sqft | 1,050,000 | 669 |
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 5th floor
All 60 units in Mazaya - Shams| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,218 sqft | AED 915KAED 915,000 · Oct 2026October 2026 | 60,000 /yr | |
| 503 | 2-bed | 1,218 sqft | AED 525KAED 525,000 · Jan 2023January 2023 | 43,000 /yr | |
| 504 | 1-bed | 962 sqft | AED 677KAED 677,357 · Jun 2014June 2014 | 55,000 /yr | |
| 505 | 2-bed | 1,570 sqft | AED 640KAED 640,000 · Nov 2021November 2021 | ||
| 506 | 2-bed | 1,540 sqft | AED 425KAED 425,000 · Sep 2018September 2018 | 55,125 /yr | |
| 507 | 3-bed | 1,569 sqft | AED 900KAED 900,000 · Feb 2023February 2023 |
502, Mazaya - Shams in numbers
- Sold 4 times: first on 3 May 2009 for AED 1,402,049, last on 28 February 2025 for AED 1,200,000 (AED 643 per sqft).
- Rented since May 2021 on 4 Ejari contracts, from AED 55,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2025 price is 7.5%, before a service charge of about AED 21,500 a year (AED 11.54 per sqft).
Source: Dubai Land Department. Updated 28 February 2025.
Questions about 502, Mazaya - Shams
What did unit 502 last sell for?
AED 1,200,000 on 28 February 2025: AED 643 per sqft for 1,864 sqft. The unit has 4 registered sales; the first was AED 1,402,049 in May 2009.
What is the rent for unit 502?
AED 90,000 a year on the contract signed on 17 May 2024. The previous contract, from May 2023, was AED 90,000; the unit has been rented since May 2021.
How big is unit 502?
1,864 sqft (173.2 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 502 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 502, Mazaya - Shams
Starts from the last sale price (AED 1.2M, 28 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →