2-bed · 1,405 sqftZanzebeel 3, The Old Town · 2nd floor · completed 2006

204, Zanzebeel 3

Sold prices and rental history: sold 4 times, last in January 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 30 January 2017
Last soldAED 2.23M30 January 2017
Current rentAED 137K /yr3 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Zanzebeel 3

What is 204 worth today?

Last sold for AED 2,225,000 in 2017

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30 Jan 2017SoldReady
AED 2,225,000AED 1,583 per sqft
3 Oct 2014RentedRenewal
AED 136,500/yr12 months · AED 97 per sqft
3 Oct 2013RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
21 Oct 2012SoldReady
AED 1,735,000AED 1,234 per sqft
5 Mar 2012SoldReady
AED 1,500,000AED 1,067 per sqft
4 Mar 2012Sold by developerReady
AED 2,331,888AED 1,659 per sqft

Source: Dubai Land Department. Updated 30 January 2017.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
2nd of 3
Parking
B-3675
Developer
Emaar
Completed
2006
Service charge
AED 29,000 /yr
Last sold
AED 2.23M · January 2017
Building
Zanzebeel 3

About 204, Zanzebeel 3

204 is a two-bedroom apartment of 1,405 sqft on the 2nd floor of Zanzebeel 3, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 30 January 2017 for AED 2,225,000, or AED 1,583 per sqft.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 3 October 2014, is AED 136,500 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 29,000 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical two-bed in Zanzebeel 3
2M3M2009201420192024Typical sale price by year: 2009 AED 2,103,444; 2010 AED 2,564,388; 2011 AED 1,997,888; 2012 AED 1,863,444; 2013 AED 2,650,000; 2014 AED 2,675,000; 2015 AED 2,362,500; 2025 AED 2,700,000; 2026 AED 3,025,000Sold, March 2012: AED 1,500,000 (AED 1,067 per sqft)Sold by developer, March 2012: AED 2,331,888 (AED 1,659 per sqft)Sold, October 2012: AED 1,735,000 (AED 1,234 per sqft)Sold, January 2017: AED 2,225,000 (AED 1,583 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 3
100K150K2013201720212025Typical rent by year: 2013 AED 142,500; 2014 AED 146,000; 2015 AED 175,000; 2016 AED 150,000; 2017 AED 132,000; 2018 AED 130,500; 2019 AED 110,000; 2020 AED 102,500; 2021 AED 95,000; 2022 AED 108,350; 2023 AED 110,000; 2024 AED 160,000; 2025 AED 170,000; 2026 AED 176,511New contract, October 2013: AED 130,000 a yearRenewal, October 2014: AED 136,500 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 3, and where 204 sits

All 19 2-beds →

Over the last 12 months two-beds sold for AED 2,850,000 to 3,250,000, around AED 2,271 per sqft, and rent for AED 70,000 to 260,000 a year. 204's AED 136,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 20263,100,000
6 Feb 20262,950,000
23 Jan 20263,250,000
19 Jan 20262,850,000
4 2-bed sales in the last 12 months

Zanzebeel 3

Building

44 apartments, 1-bed to 2-bed over 3 floors in The Old Town, completed in 2006 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 2,255
Typical sale
AED 2.95M
Typical rent
AED 120K /yr
Typical yield
4.9%
Zanzebeel 3, The Old Town: prices, sales and rents →

Other units on the 2nd floor

All 44 units in Zanzebeel 3
Value
2012-bedAED 1.89M · Oct 2012
2021-bedAED 1.78M · Mar 2011
2031-bedAED 1.56M · Apr 2010
2052-bedAED 3.1M · Aug 2026
2061-bedAED 1.14M · Apr 2010
2071-bedAED 1.43M · Feb 2017
2082-bedAED 3.25M · Jan 2026
1–7 of 10

204, Zanzebeel 3 in numbers

  • Sold 4 times: first on 4 March 2012 for AED 2,331,888, last on 30 January 2017 for AED 2,225,000 (AED 1,583 per sqft).
  • Rented since October 2013 on 2 Ejari contracts, from AED 130,000 to AED 136,500 a year.
  • At AED 136,500 a year the gross yield on the 2017 price is 6.1%, before a service charge of about AED 29,000 a year (AED 20.62 per sqft).
  • Two-beds in Zanzebeel 3 sold for AED 2,850,000–3,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,255 per sqft.

Source: Dubai Land Department. Updated 30 January 2017.

Questions about 204, Zanzebeel 3

What did unit 204 last sell for?

AED 2,225,000 on 30 January 2017: AED 1,583 per sqft for 1,405 sqft. The unit has 4 registered sales; the first was AED 2,331,888 in March 2012.

What is the rent for unit 204?

AED 136,500 a year on the contract renewed on 3 October 2014. The previous contract, from October 2013, was AED 130,000.

How big is unit 204?

1,405 sqft (130.5 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 3 sold for AED 2,850,000 to 3,250,000 in the last 12 months, around AED 2,271 per sqft.

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Mortgage on 204, Zanzebeel 3

Starts from the last sale price (AED 2.23M, 30 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,225,000
Deposit, UAE resident (20%)
AED 445,000
Deposit, non-resident (40%)
AED 890,000
Monthly over 25 years at 3.7%
AED 9,103

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