3-bed · 1,765 sqftThe Zen Tower, Dubai Marina · 11th floor · completed 2008

1101, The Zen Tower

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 31 October 2022
Last soldAED 1.35M31 October 2022
Current rentAED 75K /yr7 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, The Zen Tower

What is 1101 worth today?

Last sold for AED 1,350,000 in 2022

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31 Oct 2022SoldReady
AED 1,350,000AED 764 per sqft
26 Jul 2022Sold by developerReady
AED 1,188,256AED 673 per sqft
7 Jun 2021RentedNew contract
AED 75,000/yr12 months · AED 42 per sqft
1 Sep 2017RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
1 Sep 2016RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
1 Dec 2015RentedRenewal
AED 130,000/yr12 months · AED 75 per sqft
1 Dec 2014RentedRenewal
AED 118,000/yr12 months · AED 68 per sqft
1 Dec 2013RentedNew contract
AED 105,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 31 October 2022.

Key facts

Type
3-bed apartment
Size
1,765 sqft
Floor
11th of 15
Parking
B-26
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 31,000 /yr
Last sold
AED 1.35M · October 2022

About 1101, The Zen Tower

1101 is a three-bedroom apartment of 1,765 sqft on the 11th floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. It last sold on 31 October 2022 for AED 1,350,000, or AED 764 per sqft, 13% above the AED 676 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 7 June 2021, is AED 75,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 31,000 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, 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, July 2022: AED 1,188,256 (AED 673 per sqft)Sold, October 2022: AED 1,350,000 (AED 764 per sqft)

1101 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1101, 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, December 2012: AED 105,000 a yearNew contract, December 2013: AED 105,000 a yearRenewal, December 2014: AED 118,000 a yearRenewal, December 2015: AED 130,000 a yearNew contract, September 2016: AED 120,000 a yearRenewal, September 2017: AED 120,000 a yearNew contract, June 2021: AED 75,000 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 1101 sits

All 24 3-beds →

1101 last sold in October 2022 at AED 764 per sqft, 13% above what three-beds in The Zen Tower were fetching at the time (AED 676). 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. 1101's AED 75,000 is in the lower 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 11th floor

All 67 units in The Zen Tower
Value
11023-bedAED 1.55M · Feb 2023
11032-bedAED 825K · Nov 2021
11042-bedAED 979K · May 2022
11051-bedAED 613K · Nov 2021

1101, The Zen Tower in numbers

  • Sold twice: first on 26 July 2022 for AED 1,188,256, last on 31 October 2022 for AED 1,350,000 (AED 764 per sqft).
  • Rented since December 2012 on 7 Ejari contracts, from AED 105,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 5.6%, before a service charge of about AED 31,000 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 31 October 2022.

Questions about 1101, The Zen Tower

What did unit 1101 last sell for?

AED 1,350,000 on 31 October 2022: AED 764 per sqft for 1,765 sqft. The unit has 2 registered sales; the first was AED 1,188,256 in July 2022.

What is the rent for unit 1101?

AED 75,000 a year on the contract signed on 7 June 2021. The previous contract, from September 2017, was AED 120,000; the unit has been rented since December 2012.

How big is unit 1101?

1,765 sqft (164.0 sqm): a three-bedroom apartment on the 11th floor of a 15-storey tower completed in 2008.

What is unit 1101 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 1101, The Zen Tower

Starts from the last sale price (AED 1.35M, 31 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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