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2-bed · 1,421 sqftZanzebeel 3, The Old Town · 3rd floor · completed 2006

308, Zanzebeel 3

Sold prices and rental history: sold 3 times, last in October 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 9 October 2023
Last soldAED 2.52M9 October 2023
Current rentAED 152K /yr16 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Zanzebeel 3

What is 308 worth today?

Last sold for AED 2,520,000 in 2023

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9 Oct 2023SoldReady
AED 2,520,000AED 1,773 per sqft
16 May 2016RentedRenewal
AED 152,250/yr12 months · AED 107 per sqft
16 May 2014RentedNew contract
AED 145,000/yr12 months · AED 102 per sqft
1 Oct 2012SoldReady
AED 1,840,000AED 1,294 per sqft
22 Feb 2011Sold by developerReady
AED 2,139,888AED 1,505 per sqft

Source: Dubai Land Department. Updated 9 October 2023.

Key facts

Type
2-bed apartment
Size
1,421 sqft
Floor
3rd of 3
Parking
B-3659
Developer
Emaar
Completed
2006
Service charge
AED 29,300 /yr
Last sold
AED 2.52M · October 2023
Building
Zanzebeel 3

About 308, Zanzebeel 3

308 is a two-bedroom apartment of 1,421 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 9 October 2023 for AED 2,520,000, or AED 1,773 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 16 May 2016, is AED 152,250 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 29,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, February 2011: AED 2,139,888 (AED 1,505 per sqft)Sold, October 2012: AED 1,840,000 (AED 1,294 per sqft)Sold, October 2023: AED 2,520,000 (AED 1,773 per sqft)

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

Rents
Unit 308, 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, May 2014: AED 145,000 a yearRenewal, May 2016: AED 152,250 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 308 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. 308's AED 152,250 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 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
3061-bedAED 1.4M · Nov 2017
3071-bedAED 1.48M · Mar 2023
1–7 of 10

308, Zanzebeel 3 in numbers

  • Sold 3 times: first on 22 February 2011 for AED 2,139,888, last on 9 October 2023 for AED 2,520,000 (AED 1,773 per sqft).
  • Rented since May 2014 on 2 Ejari contracts, from AED 145,000 to AED 152,250 a year.
  • At AED 152,250 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 29,300 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 9 October 2023.

Questions about 308, Zanzebeel 3

What did unit 308 last sell for?

AED 2,520,000 on 9 October 2023: AED 1,773 per sqft for 1,421 sqft. The unit has 3 registered sales; the first was AED 2,139,888 in February 2011.

What is the rent for unit 308?

AED 152,250 a year on the contract renewed on 16 May 2016. The previous contract, from May 2014, was AED 145,000.

How big is unit 308?

1,421 sqft (132.0 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 308 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 308, Zanzebeel 3

Starts from the last sale price (AED 2.52M, 9 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,520,000
Deposit, UAE resident (20%)
AED 504,000
Deposit, non-resident (40%)
AED 1,008,000
Monthly over 25 years at 3.7%
AED 10,310

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