1-bed · 819 sqftZanzebeel 3, The Old Town · 3rd floor · completed 2006

306, Zanzebeel 3

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

Unit 306 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.4M27 November 2017
Current rentAED 90K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Zanzebeel 3

What is 306 worth today?

Last sold for AED 1,400,000 in 2017

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1 Jul 2024RentedNew contract
AED 90,000/yr12 months · AED 110 per sqft
1 Jul 2023RentedRenewal
AED 78,750/yr12 months · AED 96 per sqft
1 Jul 2022RentedRenewal
AED 75,000/yr12 months · AED 92 per sqft
1 Jul 2021RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
16 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
12 Sep 2019RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
7 Jun 2018RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
27 Nov 2017SoldReady
AED 1,400,000AED 1,709 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
819 sqft
Floor
3rd of 3
Parking
B-3613
Developer
Emaar
Completed
2006
Service charge
AED 16,900 /yr
Last sold
AED 1.4M · November 2017
Building
Zanzebeel 3

About 306, Zanzebeel 3

306 is a one-bedroom apartment of 819 sqft on the 3rd floor of Zanzebeel 3, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 27 November 2017 for AED 1,400,000, or AED 1,709 per sqft, 16% above the AED 1,473 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 July 2024, is AED 90,000 a year: a gross yield of 6.4% on the 2017 price, before the service charge of about AED 16,900 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Zanzebeel 3
1.4M1.6M2009201320172021Typical sale price by year: 2009 AED 1,279,888; 2010 AED 1,328,944; 2011 AED 1,267,444; 2012 AED 1,280,200; 2013 AED 1,523,444; 2017 AED 1,412,500; 2023 AED 1,580,000Sold by developer, January 2011: AED 1,334,888 (AED 1,629 per sqft)Sold, November 2017: AED 1,400,000 (AED 1,709 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Zanzebeel 3
50K100K2013201720212025Typical rent by year: 2013 AED 94,750; 2014 AED 117,334; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 110,000; 2018 AED 102,000; 2019 AED 85,000; 2020 AED 75,500; 2021 AED 75,000; 2022 AED 80,000; 2023 AED 102,250; 2024 AED 99,225; 2025 AED 130,000; 2026 AED 120,000New contract, November 2013: AED 85,000 a yearNew contract, April 2015: AED 110,000 a yearNew contract, April 2017: AED 110,000 a yearNew contract, June 2018: AED 80,000 a yearNew contract, September 2019: AED 75,000 a yearNew contract, September 2020: AED 60,000 a yearNew contract, July 2021: AED 70,000 a yearRenewal, July 2022: AED 75,000 a yearRenewal, July 2023: AED 78,750 a yearNew contract, July 2024: AED 90,000 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 3, and where 306 sits

All 25 1-beds →

306 last sold in November 2017 at AED 1,709 per sqft, 16% above what one-beds in Zanzebeel 3 were fetching at the time (AED 1,473). Over the last 12 months one-beds sold for AED 1,850,000, around AED 1,913 per sqft, and rent for AED 100,000 to 175,000 a year. 306's AED 90,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Aug 20261,850,000
29 Oct 20241,940,000
12 Jun 20241,775,000
15 Dec 20231,700,000
1 1-bed sale 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 3rd floor

All 44 units in Zanzebeel 3
Value
3012-bedAED 2.95M · Mar 2014
3021-bedAED 1.39M · May 2021
3031-bedAED 787K · Jun 2009
3042-bedAED 2.13M · Apr 2010
3052-bedAED 2.95M · Feb 2026
3071-bedAED 1.48M · Mar 2023
3082-bedAED 2.52M · Oct 2023
1–7 of 10

306, Zanzebeel 3 in numbers

  • Sold twice: first on 18 January 2011 for AED 1,334,888, last on 27 November 2017 for AED 1,400,000 (AED 1,709 per sqft).
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2020 and recovered to AED 90,000 by July 2024.
  • At AED 90,000 a year the gross yield on the 2017 price is 6.4%, before a service charge of about AED 16,900 a year (AED 20.62 per sqft).
  • One-beds in Zanzebeel 3 sold for AED 1,850,000–1,850,000 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 1 July 2024.

Questions about 306, Zanzebeel 3

What did unit 306 last sell for?

AED 1,400,000 on 27 November 2017: AED 1,709 per sqft for 819 sqft. The unit has 2 registered sales; the first was AED 1,334,888 in January 2011.

What is the rent for unit 306?

AED 90,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2023, was AED 78,750; the unit has been rented since November 2013.

How big is unit 306?

819 sqft (76.1 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Zanzebeel 3 sold for AED 1,850,000 to 1,850,000 in the last 12 months, around AED 1,913 per sqft.

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Mortgage on 306, Zanzebeel 3

Starts from the last sale price (AED 1.4M, 27 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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