2-bed · 1,455 sqftThe Zen Tower, Dubai Marina · 10th floor · completed 2008

1004, The Zen Tower

Sold prices and rental history: sold once, by the developer in October 2011, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 25 February 2021
Last soldAED 695K10 October 2011
Current rentAED 52K /yr25 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, The Zen Tower

What is 1004 worth today?

Last sold for AED 694,844 in 2011

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25 Feb 2021RentedNew contract
AED 52,000/yr12 months · AED 35 per sqft
1 Dec 2016RentedNew contract
AED 108,000/yr12 months · AED 74 per sqft
28 Nov 2014RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
10 Oct 2011Sold by developerReady
AED 694,844AED 477 per sqft

Source: Dubai Land Department. Updated 25 February 2021.

Key facts

Type
2-bed apartment
Size
1,455 sqft
Floor
10th of 15
Parking
G-33
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 25,500 /yr
Last sold
AED 695K · October 2011

About 1004, The Zen Tower

1004 is a two-bedroom apartment of 1,455 sqft on the 10th floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. The developer sold it on 10 October 2011 for AED 694,844, or AED 477 per sqft, 5% below the AED 500 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 25 February 2021, is AED 52,000 a year: a gross yield of 7.5% on the 2011 price, before the service charge of about AED 25,500 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in The Zen Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,260,000; 2010 AED 1,046,399; 2011 AED 711,172; 2012 AED 944,750; 2013 AED 1,600,000; 2014 AED 1,540,000; 2021 AED 750,000; 2023 AED 945,000; 2024 AED 1,250,000; 2025 AED 1,560,000Sold by developer, October 2011: AED 694,844 (AED 477 per sqft)

1004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in The Zen Tower
50K100K2013201720212025Typical rent by year: 2013 AED 93,500; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 108,000; 2017 AED 100,000; 2018 AED 93,000; 2020 AED 55,000; 2021 AED 53,000; 2022 AED 72,000; 2023 AED 81,000; 2024 AED 99,360; 2025 AED 110,000; 2026 AED 75,000New contract, November 2014: AED 100,000 a yearNew contract, December 2016: AED 108,000 a yearNew contract, February 2021: AED 52,000 a year

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

2-beds in The Zen Tower, and where 1004 sits

All 26 2-beds →

1004 last sold in October 2011 at AED 477 per sqft, 5% below what two-beds in The Zen Tower were fetching at the time (AED 500). Over the last 12 months two-beds sold for AED 1,435,000, around AED 971 per sqft, and rent for AED 50,000 to 140,000 a year. 1004's AED 52,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jul 20261,435,000
24 Oct 20251,560,000
11 Jun 20251,450,000
12 May 20251,750,000
1 2-bed sale in the last 12 months

The Zen Tower

Building

67 apartments, 1-bed to 4-bed over 15 floors in Dubai Marina, completed in 2008 by Wealthcare Investments. 5 sold in the last 12 months.

Typical price per sqft
AED 971
Typical sale
AED 1.44M
Typical rent
AED 95K /yr
Typical yield
7.0%
The Zen Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 67 units in The Zen Tower
Value
10013-bedAED 824K · Oct 2011
10023-bedAED 824K · Oct 2011
10032-bedAED 695K · Oct 2011
10051-bedAED 487K · Oct 2011

1004, The Zen Tower in numbers

  • Sold once: by Wealthcare Investments on 10 October 2011 for AED 694,844, or AED 477 per sqft.
  • Rented since November 2014 on 3 Ejari contracts, from AED 100,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2011 price is 7.5%, before a service charge of about AED 25,500 a year (AED 17.56 per sqft).
  • Two-beds in The Zen Tower sold for AED 1,435,000–1,435,000 in the 12 months to November 2026; the building's median across all types is AED 971 per sqft.

Source: Dubai Land Department. Updated 25 February 2021.

Questions about 1004, The Zen Tower

What did unit 1004 last sell for?

AED 694,844 on 10 October 2011, sold by the developer: AED 477 per sqft for 1,455 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 52,000 a year on the contract signed on 25 February 2021. The previous contract, from December 2016, was AED 108,000; the unit has been rented since November 2014.

How big is unit 1004?

1,455 sqft (135.2 sqm): a two-bedroom apartment on the 10th floor of a 15-storey tower completed in 2008.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Zen Tower sold for AED 1,435,000 to 1,435,000 in the last 12 months, around AED 971 per sqft.

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Mortgage on 1004, The Zen Tower

Starts from the last sale price (AED 695K, 10 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 694,844
Deposit, UAE resident (20%)
AED 138,969
Deposit, non-resident (40%)
AED 277,938
Monthly over 25 years at 3.7%
AED 2,843

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