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

402, Zanzebeel 4

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 23 December 2024
Last soldAED 2.9M23 December 2024
Current rentAED 122K /yr8 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Zanzebeel 4

What is 402 worth today?

Last sold for AED 2,900,000 in 2024

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23 Dec 2024SoldReady
AED 2,900,000AED 2,032 per sqft
8 Dec 2023RentedNew contract
AED 122,400/yr12 months · AED 85 per sqft
8 Dec 2022RentedRenewal
AED 122,400/yr12 months · AED 86 per sqft
8 Dec 2021RentedNew contract
AED 117,000/yr12 months · AED 82 per sqft
11 Feb 2021RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
11 Feb 2020RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
11 Feb 2019RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
10 Feb 2018RentedNew contract
AED 119,644/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 23 December 2024.

Key facts

Type
2-bed apartment
Size
1,427 sqft
Floor
4th of 8
Parking
B-3654
Developer
Emaar
Completed
2006
Service charge
AED 29,400 /yr
Last sold
AED 2.9M · December 2024
Building
Zanzebeel 4

About 402, Zanzebeel 4

402 is a two-bedroom apartment of 1,427 sqft on the 4th floor of Zanzebeel 4, a 8-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 23 December 2024 for AED 2,900,000, or AED 2,032 per sqft, 10% above the AED 1,851 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 8 December 2023, is AED 122,400 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 29,400 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Zanzebeel 4
2M3M2008201320182023Typical 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 2,191,888 (AED 1,536 per sqft)Sold, June 2012: AED 1,600,000 (AED 1,121 per sqft)Sold, December 2024: AED 2,900,000 (AED 2,032 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in Zanzebeel 4
100K2012201620202024Typical 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, December 2012: AED 30,000 a yearNew contract, February 2018: AED 119,644 a yearRenewal, February 2019: AED 120,000 a yearRenewal, February 2020: AED 120,000 a yearRenewal, February 2021: AED 110,000 a yearNew contract, December 2021: AED 117,000 a yearRenewal, December 2022: AED 122,400 a yearNew contract, December 2023: AED 122,400 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 402 sits

All 15 2-beds →

402 last sold in December 2024 at AED 2,032 per sqft, 10% above what two-beds in Zanzebeel 4 were fetching at the time (AED 1,851). 402's AED 122,400 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Jun 20253,150,000
31 May 20242,550,000
14 May 20242,600,000
5 Dec 20232,450,000
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 4th floor

All 41 units in Zanzebeel 4
Value
4011-bedAED 1.94M · Dec 2024
4031-bedAED 2.3M · Nov 2024
4043-bedAED 2.55M · Apr 2019
4052-bedAED 2.38M · Apr 2010

402, Zanzebeel 4 in numbers

  • Sold 3 times: first on 30 December 2008 for AED 2,191,888, last on 23 December 2024 for AED 2,900,000 (AED 2,032 per sqft).
  • Rented since December 2012 on 8 Ejari contracts, from AED 30,000 to AED 122,400 a year.
  • At AED 122,400 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 29,400 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 23 December 2024.

Questions about 402, Zanzebeel 4

What did unit 402 last sell for?

AED 2,900,000 on 23 December 2024: AED 2,032 per sqft for 1,427 sqft. The unit has 3 registered sales; the first was AED 2,191,888 in December 2008.

What is the rent for unit 402?

AED 122,400 a year on the contract signed on 8 December 2023. The previous contract, from December 2022, was AED 122,400; the unit has been rented since December 2012.

How big is unit 402?

1,427 sqft (132.6 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2006.

What is unit 402 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 402, Zanzebeel 4

Starts from the last sale price (AED 2.9M, 23 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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