503, Mazaya - Shams
Sold prices and rental history: sold twice, last in January 2023, 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 503, Mazaya - Shams
What is 503 worth today?
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Source: Dubai Land Department. Updated 26 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,218 sqft
- Floor
- 5th of 6
- Parking
- G-67,G-30
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 14,100 /yr
- Last sold
- AED 525K · January 2023
- Building
- Mazaya - Shams
About 503, Mazaya - Shams
503 is a two-bedroom apartment of 1,218 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 26 January 2023 for AED 525,000, or AED 431 per sqft.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 20 August 2022, is AED 43,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 14,100 a year.
Sales and rents for 503 over time
503 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 503 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. 503's AED 43,000 is at the bottom 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 | ||
| 16 Feb 202616 February 2026 | 1,540 sqft | 1,025,000 | 665 |
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 | |
| 502 | 3-bed | 1,864 sqft | AED 1.2MAED 1,200,000 · Feb 2025February 2025 | 90,000 /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 |
503, Mazaya - Shams in numbers
- Sold twice: first on 25 September 2014 for AED 426,500, last on 26 January 2023 for AED 525,000 (AED 431 per sqft).
- Rented since November 2014 on 10 Ejari contracts, from AED 75,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 14,100 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 26 January 2023.
Questions about 503, Mazaya - Shams
What did unit 503 last sell for?
AED 525,000 on 26 January 2023: AED 431 per sqft for 1,218 sqft. The unit has 2 registered sales; the first was AED 426,500 in September 2014.
What is the rent for unit 503?
AED 43,000 a year on the contract renewed on 20 August 2022. The previous contract, from August 2021, was AED 41,500; the unit has been rented since November 2014.
How big is unit 503?
1,218 sqft (113.2 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 503 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 503, Mazaya - Shams
Starts from the last sale price (AED 525K, 26 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →