1-bed · 1,105 sqftZanzebeel 1, The Old Town · 3rd floor · completed 2006

301, Zanzebeel 1

Sold prices and rental history: sold 5 times, last in December 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 14 December 2022
Last soldAED 1.55M14 December 2022
Current rentAED 80K /yr1 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Zanzebeel 1

What is 301 worth today?

Last sold for AED 1,550,000 in 2022

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14 Dec 2022SoldReady
AED 1,550,000AED 1,402 per sqft
1 Mar 2020SoldReady
AED 1,100,000AED 995 per sqft
1 Jul 2019RentedNew contract
AED 80,000/yr12 months · AED 72 per sqft
16 Sep 2013RentedNew contract
AED 110,000/yr12 months · AED 99 per sqft
3 Apr 2012SoldReady
AED 884,000AED 799 per sqft
16 Jan 2011SoldReady
AED 884,000AED 799 per sqft
17 Oct 2010Sold by developerReady
AED 1,474,888AED 1,334 per sqft

Source: Dubai Land Department. Updated 14 December 2022.

Key facts

Type
1-bed apartment
Size
1,105 sqft
Floor
3rd of 3
Parking
B-3450
Developer
Emaar
Completed
2006
Service charge
AED 22,800 /yr
Last sold
AED 1.55M · December 2022
Building
Zanzebeel 1

About 301, Zanzebeel 1

301 is a one-bedroom apartment of 1,105 sqft on the 3rd floor of Zanzebeel 1, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 14 December 2022 for AED 1,550,000, or AED 1,402 per sqft, 5% below the AED 1,472 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 July 2019, is AED 80,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 22,800 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in Zanzebeel 1
1M2M2009201420192024Typical sale price by year: 2009 AED 1,141,888; 2010 AED 845,194; 2011 AED 960,000; 2012 AED 1,164,000; 2013 AED 1,567,888; 2014 AED 1,950,000; 2017 AED 1,620,000; 2020 AED 1,267,500; 2022 AED 1,385,000; 2023 AED 1,960,000; 2024 AED 2,200,000; 2025 AED 2,100,000Sold by developer, October 2010: AED 1,474,888 (AED 1,334 per sqft)Sold, January 2011: AED 884,000 (AED 799 per sqft)Sold, April 2012: AED 884,000 (AED 799 per sqft)Sold, March 2020: AED 1,100,000 (AED 995 per sqft)Sold, December 2022: AED 1,550,000 (AED 1,402 per sqft)

301 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 301, each contractTypical one-bed in Zanzebeel 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 90,475; 2014 AED 117,000; 2015 AED 120,000; 2016 AED 115,000; 2017 AED 105,000; 2018 AED 86,500; 2019 AED 81,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 92,500; 2023 AED 102,500; 2024 AED 120,000; 2025 AED 130,000; 2026 AED 115,000New contract, September 2013: AED 110,000 a yearNew contract, July 2019: AED 80,000 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 Zanzebeel 1, and where 301 sits

All 21 1-beds →

301 last sold in December 2022 at AED 1,402 per sqft, 5% below what one-beds in Zanzebeel 1 were fetching at the time (AED 1,472). Over the last 12 months one-beds sold for AED 1,770,000 to 2,400,000, around AED 2,322 per sqft, and rent for AED 100,000 to 140,000 a year. 301's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 20262,400,000
23 Jul 20261,770,000
30 Oct 20252,240,000
23 Jul 20252,100,000
2 1-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 3rd floor

All 38 units in Zanzebeel 1
Value
3021-bedAED 1.51M · Jan 2013
3032-bedAED 2.9M · Dec 2023
3042-bedAED 1.97M · Oct 2013
3051-bedAED 2.25M · Nov 2024
3061-bedAED 1M · Jan 2021
3072-bedAED 2.4M · Jul 2023
3082-bedAED 1.95M · Nov 2022
1–7 of 10

301, Zanzebeel 1 in numbers

  • Sold 5 times: first on 17 October 2010 for AED 1,474,888, last on 14 December 2022 for AED 1,550,000 (AED 1,402 per sqft).
  • Rented since September 2013 on 2 Ejari contracts, from AED 110,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 22,800 a year (AED 20.62 per sqft).
  • One-beds in Zanzebeel 1 sold for AED 1,770,000–2,400,000 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 14 December 2022.

Questions about 301, Zanzebeel 1

What did unit 301 last sell for?

AED 1,550,000 on 14 December 2022: AED 1,402 per sqft for 1,105 sqft. The unit has 5 registered sales; the first was AED 1,474,888 in October 2010.

What is the rent for unit 301?

AED 80,000 a year on the contract signed on 1 July 2019. The previous contract, from September 2013, was AED 110,000.

How big is unit 301?

1,105 sqft (102.7 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Zanzebeel 1 sold for AED 1,770,000 to 2,400,000 in the last 12 months, around AED 2,322 per sqft.

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Mortgage on 301, Zanzebeel 1

Starts from the last sale price (AED 1.55M, 14 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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