3-bed · 1,764 sqftThe Zen Tower, Dubai Marina · 12th floor · completed 2008

1202, The Zen Tower

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1M14 March 2021
Current rentAED 140K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, The Zen Tower

What is 1202 worth today?

Last sold for AED 1,000,000 in 2021

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1 Oct 2024RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft
1 Oct 2024RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft
22 Aug 2023RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
26 Jun 2022RentedNew contract
AED 88,000/yr12 months · AED 50 per sqft
26 Jun 2021RentedNew contract
AED 70,000/yr12 months · AED 40 per sqft
14 Mar 2021SoldReady
AED 1,000,000AED 566 per sqft
15 Oct 2017RentedRenewal
AED 134,311/yr6 months · AED 78 per sqft
15 Oct 2016RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
3-bed apartment
Size
1,764 sqft
Floor
12th of 15
Parking
B-34
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 31,000 /yr
Last sold
AED 1M · March 2021

About 1202, The Zen Tower

1202 is a three-bedroom apartment of 1,764 sqft on the 12th floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. It last sold on 14 March 2021 for AED 1,000,000, or AED 566 per sqft.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 October 2024, is AED 140,000 a year: a gross yield of 14.0% on the 2021 price, before the service charge of about AED 31,000 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical three-bed in The Zen Tower
1M1.5M2M2009201320172021Typical 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, May 2013: AED 1,900,000 (AED 1,095 per sqft)Sold, March 2021: AED 1,000,000 (AED 566 per sqft)

1202 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, 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, October 2016: AED 120,000 a yearRenewal, October 2017: AED 134,311 a yearNew contract, June 2021: AED 70,000 a yearNew contract, June 2022: AED 88,000 a yearNew contract, August 2023: AED 110,000 a yearNew contract, October 2024: AED 140,000 a yearNew contract, October 2024: AED 140,000 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 1202 sits

All 24 3-beds →

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. 1202's AED 140,000 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 12th floor

All 67 units in The Zen Tower
Value
12013-bedAED 1.6M · Oct 2023
12032-bedAED 525K · Nov 2012
12042-bedAED 1.45M · Jun 2025
12051-bedAED 673K · Jul 2012

1202, The Zen Tower in numbers

  • Sold twice: first on 5 May 2013 for AED 1,900,000, last on 14 March 2021 for AED 1,000,000 (AED 566 per sqft).
  • Rented since October 2016 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 70,000 in 2021 and recovered to AED 140,000 by October 2024.
  • At AED 140,000 a year the gross yield on the 2021 price is 14.0%, 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 1 October 2024.

Questions about 1202, The Zen Tower

What did unit 1202 last sell for?

AED 1,000,000 on 14 March 2021: AED 566 per sqft for 1,764 sqft. The unit has 2 registered sales; the first was AED 1,900,000 in May 2013.

What is the rent for unit 1202?

AED 140,000 a year on the contract signed on 1 October 2024. The previous contract, from October 2024, was AED 140,000; the unit has been rented since October 2016.

How big is unit 1202?

1,764 sqft (163.9 sqm): a three-bedroom apartment on the 12th floor of a 15-storey tower completed in 2008.

What is unit 1202 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 1202, The Zen Tower

Starts from the last sale price (AED 1M, 14 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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