1005, The Zen Tower
Sold prices and rental history: sold once, by the developer in October 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, The Zen Tower
What is 1005 worth today?
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Source: Dubai Land Department. Updated 1 December 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 1,035 sqft
- Floor
- 10th of 15
- Parking
- G-34
- Developer
- Wealthcare Investments
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 487K · October 2011
- Building
- The Zen Tower
About 1005, The Zen Tower
1005 is a one-bedroom apartment of 1,035 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 487,056, or AED 470 per sqft.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 1 December 2020, is AED 32,000 a year: a gross yield of 6.6% on the 2011 price, before the service charge of about AED 18,200 a year.
Sales and rents for 1005 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Zen Tower, and where 1005 sits
All 13 1-beds →Over the last 12 months one-beds sold for AED 1,030,000 to 1,050,000, around AED 1,005 per sqft, and rent for AED 68,000 to 120,000 a year. 1005's AED 32,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Aug 202620 August 2026 | 1,035 sqft | 1,030,000 | 995 | ||
| 30 Dec 202530 December 2025 | 1,035 sqft | 1,050,000 | 1,014 | ||
| 20 Jun 202420 June 2024 | 1,035 sqft | 960,000 | 927 | ||
| 14 Dec 202314 December 2023 | 1,035 sqft | 1,200,000 | 1,159 |
The Zen Tower
Building67 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%
Other units on the 10th floor
All 67 units in The Zen Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 3-bed | 1,735 sqft | AED 824KAED 823,892 · Oct 2011October 2011 | 117,700 /yr | |
| 1002 | 3-bed | 1,735 sqft | AED 824KAED 823,892 · Oct 2011October 2011 | 117,000 /yr | |
| 1003 | 2-bed | 1,463 sqft | AED 695KAED 694,844 · Oct 2011October 2011 | 107,000 /yr | |
| 1004 | 2-bed | 1,455 sqft | AED 695KAED 694,844 · Oct 2011October 2011 | 52,000 /yr |
1005, The Zen Tower in numbers
- Sold once: by Wealthcare Investments on 10 October 2011 for AED 487,056, or AED 470 per sqft.
- Rented since August 2012 on 5 Ejari contracts, from AED 65,000 to AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2011 price is 6.6%, before a service charge of about AED 18,200 a year (AED 17.56 per sqft).
- One-beds in The Zen Tower sold for AED 1,030,000–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 971 per sqft.
Source: Dubai Land Department. Updated 1 December 2020.
Questions about 1005, The Zen Tower
What did unit 1005 last sell for?
AED 487,056 on 10 October 2011, sold by the developer: AED 470 per sqft for 1,035 sqft. It is the only registered sale of the unit.
What is the rent for unit 1005?
AED 32,000 a year on the contract signed on 1 December 2020. The previous contract, from September 2016, was AED 70,000; the unit has been rented since August 2012.
How big is unit 1005?
1,035 sqft (96.2 sqm): a one-bedroom apartment on the 10th floor of a 15-storey tower completed in 2008.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Zen Tower sold for AED 1,030,000 to 1,050,000 in the last 12 months, around AED 1,005 per sqft.
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Mortgage on 1005, The Zen Tower
Starts from the last sale price (AED 487K, 10 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 487,056
- Deposit, UAE resident (20%)
- AED 97,411
- Deposit, non-resident (40%)
- AED 194,822
- Monthly over 25 years at 3.7%
- AED 1,993
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →