2-bed · 1,463 sqftThe Zen Tower, Dubai Marina · 5th floor · completed 2008

503, The Zen Tower

Sold prices and rental history: sold once, by the developer in March 2010, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 15 April 2021
Last soldAED 1.47M31 March 2010
Current rentAED 52K /yr15 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, The Zen Tower

What is 503 worth today?

Last sold for AED 1,472,541 in 2010

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15 Apr 2021RentedNew contract
AED 52,000/yr12 months · AED 35 per sqft
25 Apr 2018RentedNew contract
AED 95,000/yr12 months · AED 65 per sqft
1 Mar 2016RentedNew contract
AED 98,000/yr12 months · AED 67 per sqft
31 Mar 2010Sold by developerReady
AED 1,472,541AED 1,006 per sqft

Source: Dubai Land Department. Updated 15 April 2021.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
5th of 15
Parking
G-17
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 25,700 /yr
Last sold
AED 1.47M · March 2010

About 503, The Zen Tower

503 is a two-bedroom apartment of 1,463 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 31 March 2010 for AED 1,472,541, or AED 1,006 per sqft, in line with the AED 987 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 15 April 2021, is AED 52,000 a year: a gross yield of 3.5% on the 2010 price, before the service charge of about AED 25,700 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in The Zen Tower
1M1.5M2009201420192024Typical 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, March 2010: AED 1,472,541 (AED 1,006 per sqft)

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

Rents
Unit 503, 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, March 2016: AED 98,000 a yearNew contract, April 2018: AED 95,000 a yearNew contract, April 2021: AED 52,000 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 503 sits

All 26 2-beds →

503 last sold in March 2010 at AED 1,006 per sqft, in line with what two-beds in The Zen Tower were fetching at the time (AED 987). 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. 503's AED 52,000 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 5th floor

All 67 units in The Zen Tower
Value
5013-bedAED 1.25M · Feb 2010
5023-bedAED 950K · Nov 2014
5042-bedAED 1.35M · Aug 2024
5051-bedAED 1.05M · Dec 2025

503, The Zen Tower in numbers

  • Sold once: by Wealthcare Investments on 31 March 2010 for AED 1,472,541, or AED 1,006 per sqft.
  • Rented since March 2016 on 3 Ejari contracts, from AED 98,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2010 price is 3.5%, 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 15 April 2021.

Questions about 503, The Zen Tower

What did unit 503 last sell for?

AED 1,472,541 on 31 March 2010, sold by the developer: AED 1,006 per sqft for 1,463 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 52,000 a year on the contract signed on 15 April 2021. The previous contract, from April 2018, was AED 95,000; the unit has been rented since March 2016.

How big is unit 503?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 5th floor of a 15-storey tower completed in 2008.

What is unit 503 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 503, The Zen Tower

Starts from the last sale price (AED 1.47M, 31 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,472,541
Deposit, UAE resident (20%)
AED 294,508
Deposit, non-resident (40%)
AED 589,016
Monthly over 25 years at 3.7%
AED 6,025

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