2-bed · 1,463 sqftThe Zen Tower, Dubai Marina · 3rd floor · completed 2008

303, The Zen Tower

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 2.28M29 July 2013
Current rentAED 92K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, The Zen Tower

What is 303 worth today?

Last sold for AED 2,276,274 in 2013

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1 Apr 2024RentedRenewal
AED 92,000/yr12 months · AED 62 per sqft
1 Apr 2024RentedRenewal
AED 92,000/yr12 months · AED 62 per sqft
1 Apr 2023RentedNew contract
AED 80,000/yr12 months · AED 54 per sqft
15 Mar 2021RentedNew contract
AED 53,000/yr12 months · AED 36 per sqft
7 Oct 2017RentedNew contract
AED 88,000/yr12 months · AED 60 per sqft
10 Jun 2015RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft
25 Oct 2014RentedNew contract
AED 117,000/yr12 months · AED 80 per sqft
6 Aug 2013RentedNew contract
AED 100,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
3rd of 15
Parking
G-11
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 25,700 /yr
Last sold
AED 2.28M · July 2013

About 303, The Zen Tower

303 is a two-bedroom apartment of 1,463 sqft on the 3rd floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. The developer sold it on 29 July 2013 for AED 2,276,274, or AED 1,556 per sqft, 54% above the AED 1,011 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 92,000 a year: a gross yield of 4.0% on the 2013 price, before the service charge of about AED 25,700 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in The Zen Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,260,000; 2010 AED 1,046,399; 2011 AED 711,172; 2012 AED 944,750; 2013 AED 1,600,000; 2014 AED 1,540,000; 2021 AED 750,000; 2023 AED 945,000; 2024 AED 1,250,000; 2025 AED 1,560,000Sold by developer, July 2013: AED 2,276,274 (AED 1,556 per sqft)

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

Rents
Unit 303, each contractTypical two-bed in The Zen Tower
50K100K2013201720212025Typical rent by year: 2013 AED 93,500; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 108,000; 2017 AED 100,000; 2018 AED 93,000; 2020 AED 55,000; 2021 AED 53,000; 2022 AED 72,000; 2023 AED 81,000; 2024 AED 99,360; 2025 AED 110,000; 2026 AED 75,000New contract, August 2013: AED 100,000 a yearNew contract, October 2014: AED 117,000 a yearNew contract, June 2015: AED 110,000 a yearNew contract, October 2017: AED 88,000 a yearNew contract, March 2021: AED 53,000 a yearNew contract, April 2023: AED 80,000 a yearRenewal, April 2024: AED 92,000 a yearRenewal, April 2024: AED 92,000 a year

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

2-beds in The Zen Tower, and where 303 sits

All 26 2-beds →

303 last sold in July 2013 at AED 1,556 per sqft, 54% above what two-beds in The Zen Tower were fetching at the time (AED 1,011). Over the last 12 months two-beds sold for AED 1,435,000, around AED 971 per sqft, and rent for AED 50,000 to 140,000 a year. 303's AED 92,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jul 20261,435,000
24 Oct 20251,560,000
11 Jun 20251,450,000
12 May 20251,750,000
1 2-bed sale 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 3rd floor

All 67 units in The Zen Tower
Value
3013-bedAED 1.54M · Sep 2013
3023-bedAED 1.4M · Dec 2024
3042-bedAED 1.38M · Oct 2013
3051-bedAED 800K · May 2009

303, The Zen Tower in numbers

  • Sold once: by Wealthcare Investments on 29 July 2013 for AED 2,276,274, or AED 1,556 per sqft.
  • Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 53,000 in 2021 and recovered to AED 92,000 by April 2024.
  • At AED 92,000 a year the gross yield on the 2013 price is 4.0%, before a service charge of about AED 25,700 a year (AED 17.56 per sqft).
  • Two-beds in The Zen Tower sold for AED 1,435,000–1,435,000 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 April 2024.

Questions about 303, The Zen Tower

What did unit 303 last sell for?

AED 2,276,274 on 29 July 2013, sold by the developer: AED 1,556 per sqft for 1,463 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 92,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2024, was AED 92,000; the unit has been rented since August 2013.

How big is unit 303?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2008.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Zen Tower sold for AED 1,435,000 to 1,435,000 in the last 12 months, around AED 971 per sqft.

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Mortgage on 303, The Zen Tower

Starts from the last sale price (AED 2.28M, 29 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,276,274
Deposit, UAE resident (20%)
AED 455,255
Deposit, non-resident (40%)
AED 910,510
Monthly over 25 years at 3.7%
AED 9,313

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