Unit 1514, Mama Shelter Residences: what it sold for and what it is worth now

Unit 1514 at Mama Shelter Residences is a studio of 405 sq ft. It last sold for AED 1,248,067 on 15 Mar 2024. At AED 2,265 per sq ft, from 9 sales in the building in the last 12 months (studio), it is worth about AED 917,000 today.

Value todayAED 917,000AED 882,000 to AED 980,000
Last saleAED 1,248,06715 Mar 2024 · Off-plan
Change since last sale-26.5% 
Rent (median asking, studio)AED 75,000Gross yield 8.2%
Bedroomsstudio
Size405 sq ft
Floor15 (from the unit number)
Position in the towerStack 14: units ending 14 share the same layout and view
BuildingMama Shelter Residences by Kappa Acca Real Estate Development (Khamas Group), handed over 2023
Registered sales of this unit1

Every registered sale of unit 1514

DatePriceSizeAED/sq ftType
15 Mar 2024AED 1,248,067405 sq ft3,082Off-plan

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
181430 Nov 2023AED 1,149,989405 sq ft2,839Off-plan
241411 Oct 2023AED 975,705407 sq ft2,397Off-plan
221411 Oct 2023AED 1,256,151407 sq ft3,086Off-plan
231431 Aug 2023AED 1,001,969407 sq ft2,462Off-plan
25147 Jul 2023AED 1,076,882407 sq ft2,646Off-plan
20147 Jun 2023AED 983,208405 sq ft2,428Off-plan
211417 Apr 2023AED 995,984407 sq ft2,447Off-plan
171422 Feb 2023AED 1,248,067405 sq ft3,082Off-plan

Latest studio sales in Mama Shelter Residences

UnitDatePriceSizeAED/sq ftType
22181 Sep 2026AED 900,000447 sq ft2,013Resale
211817 Jul 2026AED 1,006,468447 sq ft2,252Resale
15019 Jun 2026AED 1,062,115439 sq ft2,419Resale
23151 Apr 2026AED 950,000436 sq ft2,179Resale
241713 Mar 2026AED 1,100,000453 sq ft2,428Resale
161710 Mar 2026AED 1,261,204447 sq ft2,821Resale
23183 Dec 2025AED 1,012,516447 sq ft2,265Resale
220129 Oct 2025AED 900,000439 sq ft2,050Resale

How we worked out the value

We took the 9 sales in Mama Shelter Residences in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 2,265). We multiplied it by the size of this unit (405 sq ft). The range uses the middle half of those sales (AED 2,179 to AED 2,419 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 1 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 1514 at Mama Shelter Residences worth?

About AED 917,000 (range AED 882,000 to AED 980,000), based on AED 2,265 per sq ft from registered sales up to 1 Sep 2026.

When did unit 1514 last sell?

15 Mar 2024, for AED 1,248,067 (off-plan). It has 1 registered sale.

What rent can unit 1514 make?

A studio in Mama Shelter Residences rents for about AED 75,000 a year (median asking rent). That is a gross yield of 8.2% on the estimate.

Sales alert for Mama Shelter ResidencesAll sales in Mama Shelter Residences

Unit 1513 · Unit 1515