1-bed · 971 sqftMazaya - Shams, Liwan · 6th floor · completed 2014

602, Mazaya - Shams

Sold prices and rental history: sold twice, last in November 2019, and rented once, from August 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 28 November 2019
Last soldAED 390K28 November 2019
Current rentAED 55K /yr5 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Mazaya - Shams

What is 602 worth today?

Last sold for AED 390,000 in 2019

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28 Nov 2019SoldReady
AED 390,000AED 401 per sqft
10 Aug 2014Sold by developerReady
AED 631,000AED 650 per sqft
5 Aug 2014RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 28 November 2019.

Key facts

Type
1-bed apartment
Size
971 sqft
Floor
6th of 6
Parking
G-3
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 11,200 /yr
Last sold
AED 390K · November 2019

About 602, Mazaya - Shams

602 is a one-bedroom apartment of 971 sqft on the 6th floor of Mazaya - Shams, a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. It last sold on 28 November 2019 for AED 390,000, or AED 401 per sqft.

One Ejari contract is registered, from 5 August 2014. The current contract, signed on 5 August 2014, is AED 55,000 a year: a gross yield of 14.1% on the 2019 price, before the service charge of about AED 11,200 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical one-bed in Mazaya - Shams
400K600K2009201420192024Typical sale price by year: 2009 AED 528,990; 2014 AED 486,513; 2015 AED 479,252; 2016 AED 560,000; 2023 AED 393,000; 2024 AED 450,000; 2026 AED 529,000Sold by developer, August 2014: AED 631,000 (AED 650 per sqft)Sold, November 2019: AED 390,000 (AED 401 per sqft)

602 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 602, each contractTypical one-bed in Mazaya - Shams
40K60K2014201820222026Typical rent by year: 2014 AED 52,000; 2015 AED 54,000; 2016 AED 52,500; 2017 AED 49,000; 2018 AED 43,000; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 39,050; 2025 AED 45,000; 2026 AED 48,000New contract, August 2014: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mazaya - Shams, and where 602 sits

All 37 1-beds →

Over the last 12 months one-beds sold for AED 470,000 to 690,000, around AED 739 per sqft, and rent for AED 35,000 to 80,000 a year. 602's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 May 2026508,000
11 Feb 2026470,000
31 Jan 2026690,000
14 Jan 2026550,000
4 1-bed sales in the last 12 months

Mazaya - Shams

Building

60 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%
Mazaya - Shams, Liwan: prices, sales and rents →

Other units on the 6th floor

All 60 units in Mazaya - Shams
Value
6011-bedAED 310K · Oct 2017
6032-bedAED 950K · Jun 2025
6041-bedAED 288K · May 2014
6051-bedAED 520K · Jan 2017
6061-bedAED 557K · Jul 2014
6071-bedAED 595K · Mar 2025
6081-bedAED 785K · Dec 2014
1–7 of 8

602, Mazaya - Shams in numbers

  • Sold twice: first on 10 August 2014 for AED 631,000, last on 28 November 2019 for AED 390,000 (AED 401 per sqft).
  • Rented since August 2014 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2019 price is 14.1%, before a service charge of about AED 11,200 a year (AED 11.54 per sqft).
  • One-beds in Mazaya - Shams sold for AED 470,000–690,000 in the 12 months to November 2026; the building's median across all types is AED 739 per sqft.

Source: Dubai Land Department. Updated 28 November 2019.

Questions about 602, Mazaya - Shams

What did unit 602 last sell for?

AED 390,000 on 28 November 2019: AED 401 per sqft for 971 sqft. The unit has 2 registered sales; the first was AED 631,000 in August 2014.

What is the rent for unit 602?

AED 55,000 a year on the contract signed on 5 August 2014.

How big is unit 602?

971 sqft (90.2 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2014.

What is unit 602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya - Shams sold for AED 470,000 to 690,000 in the last 12 months, around AED 739 per sqft.

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Mortgage on 602, Mazaya - Shams

Starts from the last sale price (AED 390K, 28 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →