3-bed · 2,076 sqftThe Zen Tower, Dubai Marina · 1st floor · completed 2008

101, The Zen Tower

Sold prices and rental history: sold once, by the developer in November 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 950K6 November 2012
Current rentAED 120K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, The Zen Tower

What is 101 worth today?

Last sold for AED 950,000 in 2012

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1 Mar 2024RentedNew contract
AED 120,000/yr12 months · AED 57 per sqft
1 Mar 2024RentedNew contract
AED 120,000/yr12 months · AED 57 per sqft
1 Mar 2023RentedNew contract
AED 105,000/yr12 months · AED 50 per sqft
1 Feb 2021RentedNew contract
AED 70,000/yr12 months · AED 33 per sqft
1 Mar 2018RentedNew contract
AED 117,000/yr12 months · AED 55 per sqft
6 Nov 2012Sold by developerReady
AED 950,000AED 457 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
3-bed apartment
Size
2,076 sqft
Floor
1st of 15
Parking
B-01
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 36,500 /yr
Last sold
AED 950K · November 2012

About 101, The Zen Tower

101 is a three-bedroom apartment of 2,076 sqft on the 1st floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. The developer sold it on 6 November 2012 for AED 950,000, or AED 457 per sqft, 38% below the AED 735 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 March 2024, is AED 120,000 a year: a gross yield of 12.6% on the 2012 price, before the service charge of about AED 36,500 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical three-bed in The Zen Tower
1M1.5M2009201320172021Typical sale price by year: 2009 AED 1,450,000; 2010 AED 1,250,000; 2011 AED 823,892; 2012 AED 1,300,000; 2013 AED 1,763,015; 2014 AED 1,463,427; 2021 AED 1,000,000; 2022 AED 1,246,500; 2023 AED 1,550,000Sold by developer, November 2012: AED 950,000 (AED 457 per sqft)

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

Rents
Unit 101, each contractTypical three-bed in The Zen Tower
100K150K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 110,000; 2014 AED 120,000; 2015 AED 123,000; 2016 AED 124,000; 2017 AED 120,000; 2018 AED 118,500; 2020 AED 79,000; 2021 AED 75,000; 2022 AED 86,500; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 145,000; 2026 AED 124,615New contract, March 2018: AED 117,000 a yearNew contract, February 2021: AED 70,000 a yearNew contract, March 2023: AED 105,000 a yearNew contract, March 2024: AED 120,000 a yearNew contract, March 2024: AED 120,000 a year

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

3-beds in The Zen Tower, and where 101 sits

All 24 3-beds →

101 last sold in November 2012 at AED 457 per sqft, 38% below what three-beds in The Zen Tower were fetching at the time (AED 735). Over the last 12 months three-beds sold for AED 1,550,000 to 1,700,000, around AED 921 per sqft, and rent for AED 50,000 to 155,000 a year. 101's AED 120,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Sep 20261,700,000
17 Nov 20251,550,000
17 Dec 20241,402,000
29 Aug 20241,550,000
2 3-bed sales 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 1st floor

All 67 units in The Zen Tower
Value
1023-bedAED 1.6M · Jan 2017
1032-bedAED 1.26M · Aug 2009
1042-bedAED 1.3M · May 2024
1051-bedAED 989K · Jul 2009

101, The Zen Tower in numbers

  • Sold once: by Wealthcare Investments on 6 November 2012 for AED 950,000, or AED 457 per sqft.
  • Rented since March 2018 on 5 Ejari contracts. The rent fell from AED 117,000 to AED 70,000 in 2021 and recovered to AED 120,000 by March 2024.
  • At AED 120,000 a year the gross yield on the 2012 price is 12.6%, before a service charge of about AED 36,500 a year (AED 17.56 per sqft).
  • Three-beds in The Zen Tower sold for AED 1,550,000–1,700,000 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 March 2024.

Questions about 101, The Zen Tower

What did unit 101 last sell for?

AED 950,000 on 6 November 2012, sold by the developer: AED 457 per sqft for 2,076 sqft. It is the only registered sale of the unit.

What is the rent for unit 101?

AED 120,000 a year on the contract signed on 1 March 2024. The previous contract, from March 2024, was AED 120,000; the unit has been rented since March 2018.

How big is unit 101?

2,076 sqft (192.9 sqm): a three-bedroom apartment on the 1st floor of a 15-storey tower completed in 2008.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Zen Tower sold for AED 1,550,000 to 1,700,000 in the last 12 months, around AED 921 per sqft.

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Mortgage on 101, The Zen Tower

Starts from the last sale price (AED 950K, 6 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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