1-bed · 822 sqftZanzebeel 1, The Old Town · 3rd floor · completed 2006

305, Zanzebeel 1

Sold prices and rental history: sold twice, last in November 2024, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 2.25M1 November 2024
Current rentAED 80K /yr12 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Zanzebeel 1

What is 305 worth today?

Last sold for AED 2,250,000 in 2024

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1 Nov 2024SoldReady
AED 2,250,000AED 2,737 per sqft
12 Dec 2020RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
10 Jan 2017Sold by developerReady
AED 2,650,000AED 3,223 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
822 sqft
Floor
3rd of 3
Parking
B-3506
Developer
Emaar
Completed
2006
Service charge
AED 17,000 /yr
Last sold
AED 2.25M · November 2024
Building
Zanzebeel 1

About 305, Zanzebeel 1

305 is a one-bedroom apartment of 822 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 1 November 2024 for AED 2,250,000, or AED 2,737 per sqft, 37% above the AED 1,997 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 December 2020. The current contract, signed on 12 December 2020, is AED 80,000 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 17,000 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, January 2017: AED 2,650,000 (AED 3,223 per sqft)Sold, November 2024: AED 2,250,000 (AED 2,737 per sqft)

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

Rents
Unit 305, 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, December 2020: 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 305 sits

All 21 1-beds →

305 last sold in November 2024 at AED 2,737 per sqft, 37% above what one-beds in Zanzebeel 1 were fetching at the time (AED 1,997). 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. 305'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
3011-bedAED 1.55M · Dec 2022
3021-bedAED 1.51M · Jan 2013
3032-bedAED 2.9M · Dec 2023
3042-bedAED 1.97M · Oct 2013
3061-bedAED 1M · Jan 2021
3072-bedAED 2.4M · Jul 2023
3082-bedAED 1.95M · Nov 2022
1–7 of 10

305, Zanzebeel 1 in numbers

  • Sold twice: first on 10 January 2017 for AED 2,650,000, last on 1 November 2024 for AED 2,250,000 (AED 2,737 per sqft).
  • Rented since December 2020 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 3.6%, before a service charge of about AED 17,000 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 1 November 2024.

Questions about 305, Zanzebeel 1

What did unit 305 last sell for?

AED 2,250,000 on 1 November 2024: AED 2,737 per sqft for 822 sqft. The unit has 2 registered sales; the first was AED 2,650,000 in January 2017.

What is the rent for unit 305?

AED 80,000 a year on the contract signed on 12 December 2020.

How big is unit 305?

822 sqft (76.4 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 305 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 305, Zanzebeel 1

Starts from the last sale price (AED 2.25M, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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