2-bed · 1,288 sqftZanzebeel 1, The Old Town · 2nd floor · completed 2006

204, Zanzebeel 1

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 3.15M4 July 2024
Current rentAED 130K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Zanzebeel 1

What is 204 worth today?

Last sold for AED 3,150,000 in 2024

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4 Jul 2024SoldReady
AED 3,150,000AED 2,445 per sqft
5 Dec 2022SoldReady
AED 2,050,000AED 1,591 per sqft
1 Sep 2022RentedNew contract
AED 130,000/yr12 months · AED 101 per sqft
1 May 2021RentedNew contract
AED 105,000/yr12 months · AED 81 per sqft
25 Sep 2017RentedNew contract
AED 135,000/yr12 months · AED 105 per sqft
20 Jul 2016RentedNew contract
AED 150,000/yr12 months · AED 116 per sqft
5 Feb 2015SoldReady
AED 2,500,000AED 1,940 per sqft
28 Jan 2014Sold by developerReady
AED 2,145,888AED 1,666 per sqft

Source: Dubai Land Department. Updated 4 July 2024.

Key facts

Type
2-bed apartment
Size
1,288 sqft
Floor
2nd of 3
Parking
B-3449
Developer
Emaar
Completed
2006
Service charge
AED 26,600 /yr
Last sold
AED 3.15M · July 2024
Building
Zanzebeel 1

About 204, Zanzebeel 1

204 is a two-bedroom apartment of 1,288 sqft on the 2nd floor of Zanzebeel 1, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 4 July 2024 for AED 3,150,000, or AED 2,445 per sqft, 27% above the AED 1,921 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 September 2022, is AED 130,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 26,600 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical two-bed in Zanzebeel 1
2M3M2009201420192024Typical sale price by year: 2009 AED 1,489,416; 2010 AED 1,778,388; 2011 AED 1,400,000; 2013 AED 2,050,000; 2014 AED 2,650,000; 2015 AED 2,862,500; 2023 AED 2,400,641; 2024 AED 2,950,000Sold by developer, January 2014: AED 2,145,888 (AED 1,666 per sqft)Sold, February 2015: AED 2,500,000 (AED 1,940 per sqft)Sold, December 2022: AED 2,050,000 (AED 1,591 per sqft)Sold, July 2024: AED 3,150,000 (AED 2,445 per sqft)

204 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 204, each contractTypical two-bed in Zanzebeel 1
100K150K200K2013201720212025Typical rent by year: 2013 AED 157,500; 2014 AED 152,500; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 160,000; 2018 AED 131,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 125,000; 2023 AED 144,375; 2024 AED 157,500; 2025 AED 195,000; 2026 AED 180,000New contract, July 2016: AED 150,000 a yearNew contract, September 2017: AED 135,000 a yearNew contract, May 2021: AED 105,000 a yearNew contract, September 2022: AED 130,000 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 Zanzebeel 1, and where 204 sits

All 17 2-beds →

204 last sold in July 2024 at AED 2,445 per sqft, 27% above what two-beds in Zanzebeel 1 were fetching at the time (AED 1,921). Over the last 12 months two-beds sold for AED 3,650,000 to 3,775,000, around AED 2,095 per sqft, and rent for AED 159,571 to 250,000 a year. 204's AED 130,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Aug 20263,775,000
30 Jul 202621,573
8 Jan 20263,650,000
2 Jan 2026148,882
4 2-bed sales in the last 12 months

Zanzebeel 1

Building

38 apartments, 1-bed to 2-bed over 3 floors in The Old Town, completed in 2006 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,314
Typical sale
AED 3.03M
Typical rent
AED 160K /yr
Typical yield
5.3%
Zanzebeel 1, The Old Town: prices, sales and rents →

Other units on the 2nd floor

All 38 units in Zanzebeel 1
Value
2011-bedAED 2.24M · Oct 2025
2021-bedAED 882K · Oct 2010
2032-bedAED 2.95M · Jun 2015
2051-bedAED 1.77M · Jul 2026
2061-bedAED 1.53M · Apr 2013
2072-bedAED 2.7M · Feb 2014
2082-bedAED 2.3M · May 2017
1–7 of 10

204, Zanzebeel 1 in numbers

  • Sold 4 times: first on 28 January 2014 for AED 2,145,888, last on 4 July 2024 for AED 3,150,000 (AED 2,445 per sqft).
  • Rented since July 2016 on 4 Ejari contracts. The rent fell from AED 150,000 to AED 105,000 in 2021 and recovered to AED 130,000 by September 2022.
  • At AED 130,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 26,600 a year (AED 20.62 per sqft).
  • Two-beds in Zanzebeel 1 sold for AED 3,650,000–3,775,000 in the 12 months to November 2026; the building's median across all types is AED 2,314 per sqft.

Source: Dubai Land Department. Updated 4 July 2024.

Questions about 204, Zanzebeel 1

What did unit 204 last sell for?

AED 3,150,000 on 4 July 2024: AED 2,445 per sqft for 1,288 sqft. The unit has 4 registered sales; the first was AED 2,145,888 in January 2014.

What is the rent for unit 204?

AED 130,000 a year on the contract signed on 1 September 2022. The previous contract, from May 2021, was AED 105,000; the unit has been rented since July 2016.

How big is unit 204?

1,288 sqft (119.7 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Zanzebeel 1 sold for AED 3,650,000 to 3,775,000 in the last 12 months, around AED 2,095 per sqft.

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Mortgage on 204, Zanzebeel 1

Starts from the last sale price (AED 3.15M, 4 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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