2-bed · 1,309 sqftZanzebeel 3, The Old Town · 2nd floor · completed 2006

209, Zanzebeel 3

Sold prices and rental history: sold 3 times, last in September 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 16 January 2024
Last soldAED 2.65M30 September 2013
Current rentAED 99K /yr16 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Zanzebeel 3

What is 209 worth today?

Last sold for AED 2,650,000 in 2013

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16 Jan 2024RentedRenewal
AED 98,735/yr12 months · AED 75 per sqft
17 Jan 2023RentedRenewal
AED 90,243/yr12 months · AED 69 per sqft
17 Jan 2022RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
17 Jan 2021RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
17 Jan 2020RentedRenewal
AED 100,000/yr12 months · AED 76 per sqft
17 Jan 2019RentedNew contract
AED 100,000/yr12 months · AED 76 per sqft
29 Nov 2017RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
15 Jun 2016RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 16 January 2024.

Key facts

Type
2-bed apartment
Size
1,309 sqft
Floor
2nd of 3
Parking
B-3677
Developer
Emaar
Completed
2006
Service charge
AED 27,000 /yr
Last sold
AED 2.65M · September 2013
Building
Zanzebeel 3

About 209, Zanzebeel 3

209 is a two-bedroom apartment of 1,309 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 September 2013 for AED 2,650,000, or AED 2,024 per sqft, 36% above the AED 1,489 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 16 January 2024, is AED 98,735 a year: a gross yield of 3.7% on the 2013 price, before the service charge of about AED 27,000 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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 by developer, March 2010: AED 2,785,888 (AED 2,128 per sqft)Sold, October 2012: AED 1,950,000 (AED 1,489 per sqft)Sold, September 2013: AED 2,650,000 (AED 2,024 per sqft)

209 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 209, 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, June 2016: AED 140,000 a yearNew contract, November 2017: AED 120,000 a yearNew contract, January 2019: AED 100,000 a yearRenewal, January 2020: AED 100,000 a yearRenewal, January 2021: AED 90,000 a yearRenewal, January 2022: AED 90,000 a yearRenewal, January 2023: AED 90,243 a yearRenewal, January 2024: AED 98,735 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 209 sits

All 19 2-beds →

209 last sold in September 2013 at AED 2,024 per sqft, 36% above what two-beds in Zanzebeel 3 were fetching at the time (AED 1,489). 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. 209's AED 98,735 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
2042-bedAED 2.23M · Jan 2017
2052-bedAED 3.1M · Aug 2026
2061-bedAED 1.14M · Apr 2010
2071-bedAED 1.43M · Feb 2017
1–7 of 10

209, Zanzebeel 3 in numbers

  • Sold 3 times: first on 22 March 2010 for AED 2,785,888, last on 30 September 2013 for AED 2,650,000 (AED 2,024 per sqft).
  • Rented since June 2016 on 8 Ejari contracts, from AED 140,000 to AED 98,735 a year.
  • At AED 98,735 a year the gross yield on the 2013 price is 3.7%, before a service charge of about AED 27,000 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 16 January 2024.

Questions about 209, Zanzebeel 3

What did unit 209 last sell for?

AED 2,650,000 on 30 September 2013: AED 2,024 per sqft for 1,309 sqft. The unit has 3 registered sales; the first was AED 2,785,888 in March 2010.

What is the rent for unit 209?

AED 98,735 a year on the contract renewed on 16 January 2024. The previous contract, from January 2023, was AED 90,243; the unit has been rented since June 2016.

How big is unit 209?

1,309 sqft (121.6 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 209 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 209, Zanzebeel 3

Starts from the last sale price (AED 2.65M, 30 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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