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3-bed · 1,764 sqftThe Zen Tower, Dubai Marina · 6th floor · completed 2008

602, The Zen Tower

Sold prices and rental history: sold 3 times, last in September 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 13 July 2022
Last soldAED 1M9 September 2019
Current rentAED 100K /yr13 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, The Zen Tower

What is 602 worth today?

Last sold for AED 1,000,000 in 2019

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13 Jul 2022RentedNew contract
AED 100,000/yr12 months · AED 57 per sqft
9 Sep 2019SoldReady
AED 1,000,000AED 566 per sqft
1 Jun 2017RentedNew contract
AED 110,000/yr12 months · AED 63 per sqft
15 Oct 2009SoldReady
AED 1,250,000AED 720 per sqft
11 Oct 2009Sold by developerReady
AED 1,744,968AED 1,006 per sqft

Source: Dubai Land Department. Updated 13 July 2022.

Key facts

Type
3-bed apartment
Size
1,764 sqft
Floor
6th of 15
Parking
B-19
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 31,000 /yr
Last sold
AED 1M · September 2019
Building
The Zen Tower

About 602, The Zen Tower

602 is a three-bedroom apartment of 1,764 sqft on the 6th floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. It last sold on 9 September 2019 for AED 1,000,000, or AED 566 per sqft.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 13 July 2022, is AED 100,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 31,000 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical three-bed in The Zen Tower
1M1.5M2009201320172021Typical 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, October 2009: AED 1,250,000 (AED 720 per sqft)Sold by developer, October 2009: AED 1,744,968 (AED 1,006 per sqft)Sold, September 2019: AED 1,000,000 (AED 566 per sqft)

602 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 602, 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, June 2017: AED 110,000 a yearNew contract, July 2022: AED 100,000 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 602 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. 602's AED 100,000 is in the lower 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 6th floor

All 67 units in The Zen Tower
Value
6013-bedAED 1.47M · Feb 2018
6032-bedAED 1.1M · Jun 2009
6042-bedAED 2.12M · May 2013
6051-bedAED 878K · May 2009

602, The Zen Tower in numbers

  • Sold 3 times: first on 11 October 2009 for AED 1,744,968, last on 9 September 2019 for AED 1,000,000 (AED 566 per sqft).
  • Rented since June 2017 on 2 Ejari contracts, from AED 110,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2019 price is 10.0%, 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 13 July 2022.

Questions about 602, The Zen Tower

What did unit 602 last sell for?

AED 1,000,000 on 9 September 2019: AED 566 per sqft for 1,764 sqft. The unit has 3 registered sales; the first was AED 1,744,968 in October 2009.

What is the rent for unit 602?

AED 100,000 a year on the contract signed on 13 July 2022. The previous contract, from June 2017, was AED 110,000.

How big is unit 602?

1,764 sqft (163.9 sqm): a three-bedroom apartment on the 6th floor of a 15-storey tower completed in 2008.

What is unit 602 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 602, The Zen Tower

Starts from the last sale price (AED 1M, 9 September 2019). 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 →