502, The Zen Tower
Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, The Zen Tower
What is 502 worth today?
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Source: Dubai Land Department. Updated 10 September 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 1,735 sqft
- Floor
- 5th of 15
- Parking
- B-17
- Developer
- Wealthcare Investments
- Completed
- 2008
- Service charge
- AED 30,500 /yr
- Last sold
- AED 950K · November 2014
- Building
- The Zen Tower
About 502, The Zen Tower
502 is a three-bedroom apartment of 1,735 sqft on the 5th floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. The developer sold it on 18 November 2014 for AED 950,000, or AED 547 per sqft, 35% below the AED 843 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 10 September 2022, is AED 85,000 a year: a gross yield of 8.9% on the 2014 price, before the service charge of about AED 30,500 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the three-bed median of each year in the building.
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 502 sits
All 24 3-beds →502 last sold in November 2014 at AED 547 per sqft, 35% below what three-beds in The Zen Tower were fetching at the time (AED 843). 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. 502's AED 85,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 1,764 sqft | 1,700,000 | 963 | ||
| 17 Nov 202517 November 2025 | 1,765 sqft | 1,550,000 | 878 | ||
| 17 Dec 202417 December 2024 | 1,764 sqft | 1,402,000 | 794 | ||
| 29 Aug 202429 August 2024 | 1,765 sqft | 1,550,000 | 878 |
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 5th floor
All 67 units in The Zen Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,735 sqft | AED 1.25MAED 1,250,000 · Feb 2010February 2010 | 137,000 /yr | |
| 503 | 2-bed | 1,463 sqft | AED 1.47MAED 1,472,541 · Mar 2010March 2010 | 52,000 /yr | |
| 504 | 2-bed | 1,474 sqft | AED 1.35MAED 1,350,000 · Aug 2024August 2024 | 140,000 /yr | |
| 505 | 1-bed | 1,035 sqft | AED 1.05MAED 1,050,000 · Dec 2025December 2025 | 69,000 /yr |
502, The Zen Tower in numbers
- Sold once: by Wealthcare Investments on 18 November 2014 for AED 950,000, or AED 547 per sqft.
- Rented since December 2014 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 75,000 in 2021 and recovered to AED 85,000 by September 2022.
- At AED 85,000 a year the gross yield on the 2014 price is 8.9%, before a service charge of about AED 30,500 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 10 September 2022.
Questions about 502, The Zen Tower
What did unit 502 last sell for?
AED 950,000 on 18 November 2014, sold by the developer: AED 547 per sqft for 1,735 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 85,000 a year on the contract signed on 10 September 2022. The previous contract, from August 2021, was AED 75,000; the unit has been rented since December 2014.
How big is unit 502?
1,735 sqft (161.2 sqm): a three-bedroom apartment on the 5th floor of a 15-storey tower completed in 2008.
What is unit 502 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 502, The Zen Tower
Starts from the last sale price (AED 950K, 18 November 2014). 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 →