1-bed · 888 sqftZanzebeel 3, The Old Town · 3rd floor · completed 2006

311, Zanzebeel 3

Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 5 May 2024
Last soldAED 647K6 April 2010
Current rentAED 120K /yr5 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Zanzebeel 3

What is 311 worth today?

Last sold for AED 647,444 in 2010

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5 May 2024RentedNew contract
AED 120,000/yr12 months · AED 134 per sqft
1 Apr 2022RentedNew contract
AED 85,000/yr12 months · AED 95 per sqft
5 Apr 2021RentedRenewal
AED 74,000/yr12 months · AED 83 per sqft
5 Apr 2020RentedNew contract
AED 76,000/yr12 months · AED 85 per sqft
1 Mar 2013RentedNew contract
AED 90,000/yr12 months · AED 101 per sqft
6 Apr 2010Sold by developerReady
AED 647,444AED 729 per sqft

Source: Dubai Land Department. Updated 5 May 2024.

Key facts

Type
1-bed apartment
Size
888 sqft
Floor
3rd of 3
Parking
B-3616
Developer
Emaar
Completed
2006
Service charge
AED 18,300 /yr
Last sold
AED 647K · April 2010
Building
Zanzebeel 3

About 311, Zanzebeel 3

311 is a one-bedroom apartment of 888 sqft on the 3rd floor of Zanzebeel 3, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 6 April 2010 for AED 647,444, or AED 729 per sqft, 49% below the AED 1,423 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 5 May 2024, is AED 120,000 a year: a gross yield of 18.5% on the 2010 price, before the service charge of about AED 18,300 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in Zanzebeel 3
500K1M1.5M2009201320172021Typical 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, April 2010: AED 647,444 (AED 729 per sqft)

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

Rents
Unit 311, each contractTypical one-bed in Zanzebeel 3
100K2013201720212025Typical 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, March 2013: AED 90,000 a yearNew contract, April 2020: AED 76,000 a yearRenewal, April 2021: AED 74,000 a yearNew contract, April 2022: AED 85,000 a yearNew contract, May 2024: AED 120,000 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 311 sits

All 25 1-beds →

311 last sold in April 2010 at AED 729 per sqft, 49% below what one-beds in Zanzebeel 3 were fetching at the time (AED 1,423). 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. 311's AED 120,000 is in the lower half 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
3061-bedAED 1.4M · Nov 2017
3071-bedAED 1.48M · Mar 2023
1–7 of 10

311, Zanzebeel 3 in numbers

  • Sold once: by Emaar on 6 April 2010 for AED 647,444, or AED 729 per sqft.
  • Rented since March 2013 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 74,000 in 2021 and recovered to AED 120,000 by May 2024.
  • At AED 120,000 a year the gross yield on the 2010 price is 18.5%, before a service charge of about AED 18,300 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 5 May 2024.

Questions about 311, Zanzebeel 3

What did unit 311 last sell for?

AED 647,444 on 6 April 2010, sold by the developer: AED 729 per sqft for 888 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 120,000 a year on the contract signed on 5 May 2024. The previous contract, from April 2022, was AED 85,000; the unit has been rented since March 2013.

How big is unit 311?

888 sqft (82.5 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 311 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 311, Zanzebeel 3

Starts from the last sale price (AED 647K, 6 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 647,444
Deposit, UAE resident (20%)
AED 129,489
Deposit, non-resident (40%)
AED 258,978
Monthly over 25 years at 3.7%
AED 2,649

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