3-bed · 1,966 sqftZanzebeel 4, The Old Town · 5th floor · completed 2006

504, Zanzebeel 4

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 17 October 2022
Last soldAED 3.33M17 October 2022
Current rentAED 175K /yr14 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Zanzebeel 4

What is 504 worth today?

Last sold for AED 3,325,000 in 2022

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17 Oct 2022SoldReady
AED 3,325,000AED 1,691 per sqft
14 Oct 2018RentedNew contract
AED 175,000/yr12 months · AED 89 per sqft
15 Sep 2017RentedNew contract
AED 215,000/yr12 months · AED 109 per sqft
28 Jul 2016RentedRenewal
AED 240,000/yr12 months · AED 122 per sqft
26 Jul 2015RentedNew contract
AED 253,636/yr12 months · AED 129 per sqft
27 Jun 2014RentedRenewal
AED 230,000/yr12 months · AED 117 per sqft
27 Jun 2013RentedNew contract
AED 230,000/yr12 months · AED 117 per sqft
8 Jun 2010Sold by developerReady
AED 1,808,444AED 919 per sqft

Source: Dubai Land Department. Updated 17 October 2022.

Key facts

Type
3-bed apartment
Size
1,966 sqft
Floor
5th of 8
Parking
B-3535, B-3546
Developer
Emaar
Completed
2006
Service charge
AED 40,500 /yr
Last sold
AED 3.33M · October 2022
Building
Zanzebeel 4

About 504, Zanzebeel 4

504 is a three-bedroom apartment of 1,966 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 17 October 2022 for AED 3,325,000, or AED 1,691 per sqft, in line with the AED 1,691 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 14 October 2018, is AED 175,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 40,500 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical three-bed in Zanzebeel 4
2M3M2010201420182022Typical sale price by year: 2010 AED 3,519,888; 2022 AED 3,325,000Sold by developer, June 2010: AED 1,808,444 (AED 919 per sqft)Sold, October 2022: AED 3,325,000 (AED 1,691 per sqft)

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

Rents
Unit 504, each contractTypical three-bed in Zanzebeel 4
200K250K2013201720212025Typical rent by year: 2013 AED 225,000; 2014 AED 212,125; 2015 AED 236,250; 2016 AED 236,250; 2017 AED 215,000; 2018 AED 180,000; 2019 AED 180,000; 2021 AED 175,000; 2025 AED 250,000New contract, June 2013: AED 230,000 a yearRenewal, June 2014: AED 230,000 a yearNew contract, July 2015: AED 253,636 a yearRenewal, July 2016: AED 240,000 a yearNew contract, September 2017: AED 215,000 a yearNew contract, October 2018: AED 175,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Zanzebeel 4, and where 504 sits

All 9 3-beds →

504 last sold in October 2022 at AED 1,691 per sqft, in line with what three-beds in Zanzebeel 4 were fetching at the time (AED 1,691). 504's AED 175,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Mar 20255,100,000
23 May 20223,050,000
28 Jan 20224,750,000
10 Mar 20212,250,000
0 3-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
5011-bedAED 1.35M · Jun 2016
5022-bedAED 2.44M · May 2010
5031-bedAED 1.55M · Aug 2021
5052-bedAED 2.8M · Mar 2016

504, Zanzebeel 4 in numbers

  • Sold twice: first on 8 June 2010 for AED 1,808,444, last on 17 October 2022 for AED 3,325,000 (AED 1,691 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 230,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 40,500 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 17 October 2022.

Questions about 504, Zanzebeel 4

What did unit 504 last sell for?

AED 3,325,000 on 17 October 2022: AED 1,691 per sqft for 1,966 sqft. The unit has 2 registered sales; the first was AED 1,808,444 in June 2010.

What is the rent for unit 504?

AED 175,000 a year on the contract signed on 14 October 2018. The previous contract, from September 2017, was AED 215,000; the unit has been rented since June 2013.

How big is unit 504?

1,966 sqft (182.6 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2006.

What is unit 504 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 504, Zanzebeel 4

Starts from the last sale price (AED 3.33M, 17 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,325,000
Deposit, UAE resident (20%)
AED 665,000
Deposit, non-resident (40%)
AED 1,330,000
Monthly over 25 years at 3.7%
AED 13,604

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