506, Mazaya - Shams
Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Mazaya - Shams
What is 506 worth today?
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Source: Dubai Land Department. Updated 25 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,540 sqft
- Floor
- 5th of 6
- Parking
- G-72,G-28
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 17,800 /yr
- Last sold
- AED 425K · September 2018
- Building
- Mazaya - Shams
About 506, Mazaya - Shams
506 is a two-bedroom apartment of 1,540 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 9 September 2018 for AED 425,000, or AED 275 per sqft.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 25 October 2025, is AED 55,125 a year: a gross yield of 13.0% on the 2018 price, before the service charge of about AED 17,800 a year.
Sales and rents for 506 over time
506 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 506 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. 506's AED 55,125 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 | ||
| 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 | |
| 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 | ||
| 507 | 3-bed | 1,569 sqft | AED 900KAED 900,000 · Feb 2023February 2023 |
506, Mazaya - Shams in numbers
- Sold twice: first on 10 August 2014 for AED 1,001,000, last on 9 September 2018 for AED 425,000 (AED 275 per sqft).
- Rented since October 2015 on 9 Ejari contracts. The rent fell from AED 89,250 to AED 50,000 in 2022 and recovered to AED 55,125 by October 2025.
- At AED 55,125 a year the gross yield on the 2018 price is 13.0%, 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 25 October 2025.
Questions about 506, Mazaya - Shams
What did unit 506 last sell for?
AED 425,000 on 9 September 2018: AED 275 per sqft for 1,540 sqft. The unit has 2 registered sales; the first was AED 1,001,000 in August 2014.
What is the rent for unit 506?
AED 55,125 a year on the contract renewed on 25 October 2025. The previous contract, from October 2024, was AED 55,125; the unit has been rented since October 2015.
How big is unit 506?
1,540 sqft (143.1 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 506 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 506, Mazaya - Shams
Starts from the last sale price (AED 425K, 9 September 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 425,000
- Deposit, UAE resident (20%)
- AED 85,000
- Deposit, non-resident (40%)
- AED 170,000
- Monthly over 25 years at 3.7%
- AED 1,739
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →