2-bed · 1,427 sqftZanzebeel 4, The Old Town · 3rd floor · completed 2006

302, Zanzebeel 4

Sold prices and rental history: sold twice, last in June 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 1.6M24 June 2012
Current rentAED 120K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Zanzebeel 4

What is 302 worth today?

Last sold for AED 1,600,000 in 2012

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15 Dec 2023RentedRenewal
AED 120,120/yr12 months · AED 84 per sqft
15 Dec 2022RentedRenewal
AED 114,400/yr12 months · AED 80 per sqft
15 Dec 2021RentedRenewal
AED 104,000/yr12 months · AED 73 per sqft
15 Dec 2019RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
21 Jun 2019RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
26 Mar 2019RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
26 Mar 2018RentedRenewal
AED 160,000/yr12 months · AED 112 per sqft
26 Mar 2017RentedNew contract
AED 160,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 15 December 2023.

Key facts

Type
2-bed apartment
Size
1,427 sqft
Floor
3rd of 8
Parking
B-3527
Developer
Emaar
Completed
2006
Service charge
AED 29,400 /yr
Last sold
AED 1.6M · June 2012
Building
Zanzebeel 4

About 302, Zanzebeel 4

302 is a two-bedroom apartment of 1,427 sqft on the 3rd floor of Zanzebeel 4, a 8-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 24 June 2012 for AED 1,600,000, or AED 1,121 per sqft, in line with the AED 1,121 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 December 2023, is AED 120,120 a year: a gross yield of 7.5% on the 2012 price, before the service charge of about AED 29,400 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Zanzebeel 4
1.5M2M2.5M2008201320182023Typical sale price by year: 2009 AED 2,547,888; 2010 AED 2,407,888; 2011 AED 2,304,888; 2012 AED 1,600,000; 2024 AED 2,600,000Sold by developer, December 2008: AED 2,171,888 (AED 1,522 per sqft)Sold, June 2012: AED 1,600,000 (AED 1,121 per sqft)

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

Rents
Unit 302, each contractTypical two-bed in Zanzebeel 4
100K150K2012201620202024Typical rent by year: 2012 AED 123,000; 2013 AED 140,000; 2014 AED 165,000; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 152,500; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 99,500; 2021 AED 110,000; 2022 AED 117,750; 2023 AED 139,500; 2024 AED 160,000; 2025 AED 170,000; 2026 AED 155,000New contract, February 2013: AED 140,000 a yearNew contract, November 2014: AED 165,000 a yearRenewal, November 2015: AED 165,000 a yearNew contract, March 2017: AED 160,000 a yearRenewal, March 2018: AED 160,000 a yearRenewal, March 2019: AED 120,000 a yearNew contract, June 2019: AED 110,000 a yearNew contract, December 2019: AED 110,000 a yearRenewal, December 2021: AED 104,000 a yearRenewal, December 2022: AED 114,400 a yearRenewal, December 2023: AED 120,120 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 4, and where 302 sits

All 15 2-beds →

302 last sold in June 2012 at AED 1,121 per sqft, in line with what two-beds in Zanzebeel 4 were fetching at the time (AED 1,121). 302's AED 120,120 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Jun 20253,150,000
23 Dec 20242,900,000
31 May 20242,550,000
14 May 20242,600,000
0 2-bed sales in the last 12 months

Zanzebeel 4

Building

41 apartments, 1-bed to 4-bed over 8 floors in The Old Town, completed in 2006 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 155K /yr
Typical yield
Zanzebeel 4, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 41 units in Zanzebeel 4
Value
3011-bedAED 1.3M · Apr 2010
3031-bedAED 2.1M · Jul 2024
3043-bedAED 3.25M · Dec 2017
3052-bedAED 2.75M · May 2018

302, Zanzebeel 4 in numbers

  • Sold twice: first on 30 December 2008 for AED 2,171,888, last on 24 June 2012 for AED 1,600,000 (AED 1,121 per sqft).
  • Rented since February 2013 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 104,000 in 2021 and recovered to AED 120,120 by December 2023.
  • At AED 120,120 a year the gross yield on the 2012 price is 7.5%, before a service charge of about AED 29,400 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 15 December 2023.

Questions about 302, Zanzebeel 4

What did unit 302 last sell for?

AED 1,600,000 on 24 June 2012: AED 1,121 per sqft for 1,427 sqft. The unit has 2 registered sales; the first was AED 2,171,888 in December 2008.

What is the rent for unit 302?

AED 120,120 a year on the contract renewed on 15 December 2023. The previous contract, from December 2022, was AED 114,400; the unit has been rented since February 2013.

How big is unit 302?

1,427 sqft (132.6 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2006.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 302, Zanzebeel 4

Starts from the last sale price (AED 1.6M, 24 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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