1501, The Zen Tower
Sold prices and rental history: sold twice, last in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, The Zen Tower
What is 1501 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 26 September 2024.
Key facts
- Type
- Penthouse apartment
- Size
- 5,360 sqft
- Floor
- 15th of 15
- Parking
- B-13, B-14
- Developer
- Wealthcare Investments
- Completed
- 2008
- Service charge
- AED 94,100 /yr
- Last sold
- AED 5.1M · September 2024
- Building
- The Zen Tower
About 1501, The Zen Tower
1501 is a penthouse of 5,360 sqft on the 15th floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. It last sold on 26 September 2024 for AED 5,100,000, or AED 951 per sqft.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 10 June 2022, is AED 175,000 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 94,100 a year.
Penthouses in The Zen Tower, and where 1501 sits
All 3 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jan 202317 January 2023 | 2,915 sqft | 1,874,616 | 643 | ||
| 2 Jan 20232 January 2023 | 5,247 sqft | 3,263,519 | 621 | ||
| 14 Oct 201214 October 2012 | 5,118 sqft | 1,800,000 | 351 | ||
| 24 Nov 201024 November 2010 | 2,915 sqft | 2,390,000 | 819 |
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 15th floor
All 67 units in The Zen Tower1501, The Zen Tower in numbers
- Sold twice: first on 16 February 2011 for AED 1,672,500, last on 26 September 2024 for AED 5,100,000 (AED 951 per sqft).
- Rented since June 2021 on 2 Ejari contracts, at AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2024 price is 3.4%, before a service charge of about AED 94,100 a year (AED 17.56 per sqft).
Source: Dubai Land Department. Updated 26 September 2024.
Questions about 1501, The Zen Tower
What did unit 1501 last sell for?
AED 5,100,000 on 26 September 2024: AED 951 per sqft for 5,360 sqft. The unit has 2 registered sales; the first was AED 1,672,500 in February 2011.
What is the rent for unit 1501?
AED 175,000 a year on the contract renewed on 10 June 2022. The previous contract, from June 2021, was AED 175,000.
How big is unit 1501?
5,360 sqft (498.0 sqm): a penthouse on the 15th floor of a 15-storey tower completed in 2008.
What is unit 1501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1501? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1501, The Zen Tower
Starts from the last sale price (AED 5.1M, 26 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,100,000
- Deposit, UAE resident (20%)
- AED 1,020,000
- Deposit, non-resident (40%)
- AED 2,040,000
- Monthly over 25 years at 3.7%
- AED 20,866
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →