1-bed · 891 sqftZanzebeel 4, The Old Town · 5th floor · completed 2006

501, Zanzebeel 4

Sold prices and rental history: sold twice, last in June 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 13 June 2016
Last soldAED 1.35M13 June 2016
Current rentAED 86K /yr13 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Zanzebeel 4

What is 501 worth today?

Last sold for AED 1,350,000 in 2016

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13 Jun 2016SoldReady
AED 1,350,000AED 1,515 per sqft
13 Jul 2014RentedNew contract
AED 86,250/yr12 months · AED 97 per sqft
13 Jul 2013RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft
14 Jun 2010Sold by developerReady
AED 679,944AED 763 per sqft

Source: Dubai Land Department. Updated 13 June 2016.

Key facts

Type
1-bed apartment
Size
891 sqft
Floor
5th of 8
Parking
B-3533
Developer
Emaar
Completed
2006
Service charge
AED 18,400 /yr
Last sold
AED 1.35M · June 2016
Building
Zanzebeel 4

About 501, Zanzebeel 4

501 is a one-bedroom apartment of 891 sqft on the 5th floor of Zanzebeel 4, a 8-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 13 June 2016 for AED 1,350,000, or AED 1,515 per sqft.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 13 July 2014, is AED 86,250 a year: a gross yield of 6.4% on the 2016 price, before the service charge of about AED 18,400 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Zanzebeel 4
1M2M2009201420192024Typical sale price by year: 2009 AED 1,614,612; 2010 AED 1,633,419; 2012 AED 1,412,400; 2024 AED 2,100,000; 2025 AED 2,185,000Sold by developer, June 2010: AED 679,944 (AED 763 per sqft)Sold, June 2016: AED 1,350,000 (AED 1,515 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Zanzebeel 4
100K2013201720212025Typical rent by year: 2013 AED 97,000; 2014 AED 105,000; 2015 AED 105,000; 2016 AED 131,000; 2017 AED 130,000; 2018 AED 105,000; 2019 AED 95,550; 2020 AED 70,000; 2021 AED 75,000; 2022 AED 105,000; 2023 AED 105,000; 2024 AED 109,783; 2025 AED 125,000; 2026 AED 115,000New contract, July 2013: AED 75,000 a yearNew contract, July 2014: AED 86,250 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 4, and where 501 sits

All 15 1-beds →

501's AED 86,250 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Nov 20252,120,000
7 Oct 20251,806,000
26 May 20252,250,000
3 Mar 20252,500,000
0 1-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 5th floor

All 41 units in Zanzebeel 4
Value
5022-bedAED 2.44M · May 2010
5031-bedAED 1.55M · Aug 2021
5043-bedAED 3.33M · Oct 2022
5052-bedAED 2.8M · Mar 2016

501, Zanzebeel 4 in numbers

  • Sold twice: first on 14 June 2010 for AED 679,944, last on 13 June 2016 for AED 1,350,000 (AED 1,515 per sqft).
  • Rented since July 2013 on 2 Ejari contracts, from AED 75,000 to AED 86,250 a year.
  • At AED 86,250 a year the gross yield on the 2016 price is 6.4%, before a service charge of about AED 18,400 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 13 June 2016.

Questions about 501, Zanzebeel 4

What did unit 501 last sell for?

AED 1,350,000 on 13 June 2016: AED 1,515 per sqft for 891 sqft. The unit has 2 registered sales; the first was AED 679,944 in June 2010.

What is the rent for unit 501?

AED 86,250 a year on the contract signed on 13 July 2014. The previous contract, from July 2013, was AED 75,000.

How big is unit 501?

891 sqft (82.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2006.

What is unit 501 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 501, Zanzebeel 4

Starts from the last sale price (AED 1.35M, 13 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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