2-bed · 1,052 sqftZubaida Residence, Majan · 3rd floor

309, Zubaida Residence

Sold prices and rental history: sold twice, last in September 2023, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 800K20 September 2023
Current rentAED 75K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Zubaida Residence

What is 309 worth today?

Last sold for AED 800,000 in 2023

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1 Nov 2024RentedRenewal
AED 75,000/yr12 months · AED 72 per sqft
20 Sep 2023SoldReady
AED 800,000AED 760 per sqft
6 Feb 2023Sold by developerReady
AED 632,000AED 600 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
1,052 sqft
Floor
3rd of 7
Parking
B-03
Developer
Zubaida Real Estate Development
Last sold
AED 800K · September 2023

About 309, Zubaida Residence

309 is a two-bedroom apartment of 1,052 sqft on the 3rd floor of Zubaida Residence, a 7-storey tower in Majan by Zubaida Real Estate Development . It last sold on 20 September 2023 for AED 800,000, or AED 760 per sqft, 38% above the AED 550 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, renewed on 1 November 2024, is AED 75,000 a year: a gross yield of 9.4% on the 2023 price.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical two-bed in Zubaida Residence
1M2023202420252026Typical sale price by year: 2023 AED 647,231; 2024 AED 956,805; 2025 AED 1,193,447Sold by developer, February 2023: AED 632,000 (AED 600 per sqft)Sold, September 2023: AED 800,000 (AED 760 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in Zubaida Residence
70K80K20232024202520262027Typical rent by year: 2023 AED 70,000; 2024 AED 71,500; 2025 AED 82,800; 2026 AED 75,000Renewal, November 2024: AED 75,000 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 Zubaida Residence, and where 309 sits

All 39 2-beds →

309 last sold in September 2023 at AED 760 per sqft, 38% above what two-beds in Zubaida Residence were fetching at the time (AED 550). Over the last 12 months two-beds sold for AED 1,500,000 to 1,550,000, around AED 1,162 per sqft, and rent for AED 52,500 to 90,000 a year. 309's AED 75,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Jul 20261,500,000
12 Dec 20251,550,000
15 Oct 20251,400,000
15 Aug 20251,127,384
2 2-bed sales in the last 12 months

Zubaida Residence

Building

62 apartments, studios to 3-bed over 7 floors in Majan by Zubaida Real Estate Development . 2 sold in the last 12 months.

Typical price per sqft
AED 1,162
Typical sale
AED 1.53M
Typical rent
AED 64K /yr
Typical yield
6.0%
Zubaida Residence, Majan: prices, sales and rents →

Other units on the 3rd floor

All 62 units in Zubaida Residence
Value
3011-bedAED 470K · Feb 2023
3022-bedAED 790K · Feb 2023
3032-bedAED 500K · Feb 2023
3042-bedAED 920K · May 2023
3052-bedAED 754K · Mar 2023
3061-bedAED 385K · Feb 2023
3072-bedAED 1.04M · Sep 2023
1–7 of 8

309, Zubaida Residence in numbers

  • Sold twice: first on 6 February 2023 for AED 632,000, last on 20 September 2023 for AED 800,000 (AED 760 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 9.4%.
  • Two-beds in Zubaida Residence sold for AED 1,500,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,162 per sqft.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 309, Zubaida Residence

What did unit 309 last sell for?

AED 800,000 on 20 September 2023: AED 760 per sqft for 1,052 sqft. The unit has 2 registered sales; the first was AED 632,000 in February 2023.

What is the rent for unit 309?

AED 75,000 a year on the contract renewed on 1 November 2024.

How big is unit 309?

1,052 sqft (97.7 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Zubaida Residence sold for AED 1,500,000 to 1,550,000 in the last 12 months, around AED 1,162 per sqft.

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Mortgage on 309, Zubaida Residence

Starts from the last sale price (AED 800K, 20 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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