1-bed · 1,030 sqftZanzebeel 3, The Old Town · Ground floor · completed 2006

G02, Zanzebeel 3

Sold prices and rental history: sold twice, last in April 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 26 April 2018
Last soldAED 1.4M26 April 2018
Current rentAED 120K /yr16 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Zanzebeel 3

What is G02 worth today?

Last sold for AED 1,400,000 in 2018

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26 Apr 2018SoldReady
AED 1,400,000AED 1,359 per sqft
26 Feb 2018Sold by developerReady
AED 1,884,888AED 1,829 per sqft
16 Nov 2014RentedNew contract
AED 119,668/yr12 months · AED 116 per sqft
15 Nov 2013RentedNew contract
AED 119,668/yr12 months · AED 116 per sqft
1 Jun 2013RentedNew contract
AED 95,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 26 April 2018.

Key facts

Type
1-bed apartment
Size
1,030 sqft
Floor
Ground of 3
Parking
B-3617
Developer
Emaar
Completed
2006
Service charge
AED 21,200 /yr
Last sold
AED 1.4M · April 2018
Building
Zanzebeel 3

About G02, Zanzebeel 3

G02 is a one-bedroom apartment of 1,030 sqft on the ground floor of Zanzebeel 3, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 26 April 2018 for AED 1,400,000, or AED 1,359 per sqft, 11% below the AED 1,534 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 16 November 2014, is AED 119,668 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 21,200 a year.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical one-bed in Zanzebeel 3
1.5M2009201320172021Typical 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, February 2018: AED 1,884,888 (AED 1,829 per sqft)Sold, April 2018: AED 1,400,000 (AED 1,359 per sqft)

G02 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G02, each contractTypical one-bed in Zanzebeel 3
75K100K125K2013201720212025Typical 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, June 2013: AED 95,000 a yearNew contract, November 2013: AED 119,668 a yearNew contract, November 2014: AED 119,668 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 G02 sits

All 25 1-beds →

G02 last sold in April 2018 at AED 1,359 per sqft, 11% below what one-beds in Zanzebeel 3 were fetching at the time (AED 1,534). 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. G02's AED 119,668 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 ground floor

All 44 units in Zanzebeel 3
Value
G031-bedAED 1.5M · May 2021
G042-bedAED 950K · Aug 2009
G052-bedAED 1.8M · Jun 2010
G061-bedAED 2M · Jun 2014
G071-bedAED 1.88M · Jan 2016
G082-bedAED 2.4M · Jun 2014
G092-bedAED 2.6M · Aug 2021
1–7 of 10

G02, Zanzebeel 3 in numbers

  • Sold twice: first on 26 February 2018 for AED 1,884,888, last on 26 April 2018 for AED 1,400,000 (AED 1,359 per sqft).
  • Rented since June 2013 on 3 Ejari contracts, from AED 95,000 to AED 119,668 a year.
  • At AED 119,668 a year the gross yield on the 2018 price is 8.6%, before a service charge of about AED 21,200 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 26 April 2018.

Questions about G02, Zanzebeel 3

What did unit G02 last sell for?

AED 1,400,000 on 26 April 2018: AED 1,359 per sqft for 1,030 sqft. The unit has 2 registered sales; the first was AED 1,884,888 in February 2018.

What is the rent for unit G02?

AED 119,668 a year on the contract signed on 16 November 2014. The previous contract, from November 2013, was AED 119,668; the unit has been rented since June 2013.

How big is unit G02?

1,030 sqft (95.7 sqm): a one-bedroom apartment on the ground floor of a 3-storey tower completed in 2006.

What is unit G02 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 G02, Zanzebeel 3

Starts from the last sale price (AED 1.4M, 26 April 2018). 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 →