2-bed · 1,234 sqftZanzebeel 2, The Old Town · 3rd floor · completed 2006

312, Zanzebeel 2

Sold prices and rental history: sold 4 times, last in December 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 16 December 2021
Last soldAED 2M16 December 2021
Current rentAED 140K /yr10 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Zanzebeel 2

What is 312 worth today?

Last sold for AED 2,000,000 in 2021

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16 Dec 2021SoldReady
AED 2,000,000AED 1,620 per sqft
28 Sep 2020SoldReady
AED 1,075,000AED 871 per sqft
10 Jun 2018RentedRenewal
AED 140,000/yr12 months · AED 113 per sqft
10 Jun 2017RentedNew contract
AED 140,000/yr12 months · AED 113 per sqft
10 Mar 2015RentedRenewal
AED 158,000/yr12 months · AED 128 per sqft
10 Mar 2014RentedNew contract
AED 155,000/yr12 months · AED 125 per sqft
26 Dec 2013SoldReady
AED 3,100,000AED 2,512 per sqft
15 Feb 2011Sold by developerReady
AED 1,822,888AED 1,477 per sqft

Source: Dubai Land Department. Updated 16 December 2021.

Key facts

Type
2-bed apartment
Size
1,234 sqft
Floor
3rd of 3
Parking
B-3553
Developer
Emaar
Completed
2006
Service charge
AED 25,400 /yr
Last sold
AED 2M · December 2021
Building
Zanzebeel 2

About 312, Zanzebeel 2

312 is a two-bedroom apartment of 1,234 sqft on the 3rd floor of Zanzebeel 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 16 December 2021 for AED 2,000,000, or AED 1,620 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 10 June 2018, is AED 140,000 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 25,400 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical two-bed in Zanzebeel 2
2M4M2009201420192024Typical sale price by year: 2009 AED 3,608,888; 2010 AED 1,995,888; 2011 AED 1,870,194; 2013 AED 2,450,000; 2024 AED 2,500,000; 2025 AED 2,975,000; 2026 AED 3,500,000Sold by developer, February 2011: AED 1,822,888 (AED 1,477 per sqft)Sold, December 2013: AED 3,100,000 (AED 2,512 per sqft)Sold, September 2020: AED 1,075,000 (AED 871 per sqft)Sold, December 2021: AED 2,000,000 (AED 1,620 per sqft)

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

Rents
Unit 312, each contractTypical two-bed in Zanzebeel 2
100K150K2012201620202024Typical rent by year: 2012 AED 107,500; 2013 AED 125,000; 2014 AED 151,750; 2015 AED 154,350; 2016 AED 145,000; 2017 AED 135,500; 2018 AED 120,000; 2019 AED 107,885; 2020 AED 92,000; 2021 AED 85,000; 2022 AED 92,000; 2023 AED 136,752; 2024 AED 152,500; 2025 AED 140,073; 2026 AED 143,981New contract, March 2014: AED 155,000 a yearRenewal, March 2015: AED 158,000 a yearNew contract, June 2017: AED 140,000 a yearRenewal, June 2018: AED 140,000 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 2, and where 312 sits

All 18 2-beds →

Over the last 12 months two-beds sold for AED 2,550,000 to 4,500,000, around AED 1,803 per sqft, and rent for AED 100,000 to 185,000 a year. 312's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Aug 20262,550,000
13 Jul 20262,568,000
16 Jun 20264,500,000
4 Jun 20263,500,000
5 2-bed sales in the last 12 months

Zanzebeel 2

Building

52 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 1,781
Typical sale
AED 3.1M
Typical rent
AED 124K /yr
Typical yield
6.2%
Zanzebeel 2, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 52 units in Zanzebeel 2
Value
3011-bedAED 1.32M · Aug 2022
3022-bedAED 3.61M · Jan 2009
3031-bedAED 2.05M · Nov 2023
3052-bedAED 2.55M · Aug 2026
3061-bedAED 2.56M · Aug 2010
3071-bedAED 2.03M · Aug 2024
304A1-bedAED 1.64M · Apr 2013
1–7 of 8

312, Zanzebeel 2 in numbers

  • Sold 4 times: first on 15 February 2011 for AED 1,822,888, last on 16 December 2021 for AED 2,000,000 (AED 1,620 per sqft).
  • Rented since March 2014 on 4 Ejari contracts, from AED 155,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2021 price is 7.0%, before a service charge of about AED 25,400 a year (AED 20.62 per sqft).
  • Two-beds in Zanzebeel 2 sold for AED 2,550,000–4,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,781 per sqft.

Source: Dubai Land Department. Updated 16 December 2021.

Questions about 312, Zanzebeel 2

What did unit 312 last sell for?

AED 2,000,000 on 16 December 2021: AED 1,620 per sqft for 1,234 sqft. The unit has 4 registered sales; the first was AED 1,822,888 in February 2011.

What is the rent for unit 312?

AED 140,000 a year on the contract renewed on 10 June 2018. The previous contract, from June 2017, was AED 140,000; the unit has been rented since March 2014.

How big is unit 312?

1,234 sqft (114.6 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Zanzebeel 2 sold for AED 2,550,000 to 4,500,000 in the last 12 months, around AED 1,803 per sqft.

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Mortgage on 312, Zanzebeel 2

Starts from the last sale price (AED 2M, 16 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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