1-bed · 671 sqftZubaida Residence, Majan · 6th floor

601, Zubaida Residence

Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 27 February 2023
Last soldAED 500K6 February 2023
Current rentAED 45K /yr27 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Zubaida Residence

What is 601 worth today?

Last sold for AED 500,000 in 2023

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27 Feb 2023RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
6 Feb 2023Sold by developerReady
AED 500,000AED 744 per sqft

Source: Dubai Land Department. Updated 27 February 2023.

Key facts

Type
1-bed apartment
Size
671 sqft
Floor
6th of 7
Parking
B-20
Developer
Zubaida Real Estate Development
Last sold
AED 500K · February 2023

About 601, Zubaida Residence

601 is a one-bedroom apartment of 671 sqft on the 6th floor of Zubaida Residence, a 7-storey tower in Majan by Zubaida Real Estate Development . The developer sold it on 6 February 2023 for AED 500,000, or AED 744 per sqft, 29% above the AED 578 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 February 2023. The current contract, signed on 27 February 2023, is AED 45,000 a year: a gross yield of 9.0% on the 2023 price.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical one-bed in Zubaida Residence
400K600K800K202320242025Typical sale price by year: 2023 AED 422,109; 2024 AED 750,000Sold by developer, February 2023: AED 500,000 (AED 744 per sqft)

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

Rents
Unit 601, each contractTypical one-bed in Zubaida Residence
50K20232024202520262027Typical rent by year: 2023 AED 45,000; 2024 AED 48,000; 2025 AED 51,861; 2026 AED 57,500New contract, February 2023: AED 45,000 a year

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

1-beds in Zubaida Residence, and where 601 sits

All 20 1-beds →

601 last sold in February 2023 at AED 744 per sqft, 29% above what one-beds in Zubaida Residence were fetching at the time (AED 578). 601's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Nov 2024760,000
10 Jul 2024735,000
7 May 2024750,000
9 Oct 2023615,000
0 1-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 6th floor

All 62 units in Zubaida Residence
Value
6022-bedNo registered sale
6032-bedNo registered sale
6042-bedNo registered sale
6052-bedAED 936K · Feb 2023
6061-bedAED 300K · Feb 2023
6072-bedNo registered sale
6081-bedNo registered sale
1–7 of 8

601, Zubaida Residence in numbers

  • Sold once: by Zubaida Real Estate Development on 6 February 2023 for AED 500,000, or AED 744 per sqft.
  • Rented since February 2023 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 9.0%.

Source: Dubai Land Department. Updated 27 February 2023.

Questions about 601, Zubaida Residence

What did unit 601 last sell for?

AED 500,000 on 6 February 2023, sold by the developer: AED 744 per sqft for 671 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 45,000 a year on the contract signed on 27 February 2023.

How big is unit 601?

671 sqft (62.3 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 601, Zubaida Residence

Starts from the last sale price (AED 500K, 6 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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