2-bed · 714 sqftZanzebeel 4, The Old Town · 7th floor · completed 2006

702, Zanzebeel 4

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 29 December 2022
Last soldAED 1.14M29 December 2022
Current rentAED 155K /yr21 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Zanzebeel 4

What is 702 worth today?

Last sold for AED 1,135,817 in 2022

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29 Dec 2022SoldReady
AED 1,135,817AED 1,591 per sqft
21 Nov 2022RentedNew contract
AED 155,000/yr12 months · AED 108 per sqft
1 Dec 2021RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
1 Dec 2020RentedRenewal
AED 100,000/yr12 months · AED 70 per sqft
1 Dec 2019RentedRenewal
AED 135,000/yr12 months · AED 95 per sqft
1 Dec 2018RentedRenewal
AED 135,000/yr12 months · AED 95 per sqft
1 Dec 2017RentedRenewal
AED 150,000/yr12 months · AED 105 per sqft
1 Dec 2015RentedRenewal
AED 150,000/yr24 months · AED 105 per sqft

Source: Dubai Land Department. Updated 29 December 2022.

Key facts

Type
2-bed apartment
Size
714 sqft
Floor
7th of 8
Parking
B-3657
Developer
Emaar
Completed
2006
Service charge
AED 14,700 /yr
Last sold
AED 1.14M · December 2022
Building
Zanzebeel 4

About 702, Zanzebeel 4

702 is a two-bedroom apartment of 714 sqft on the 7th floor of Zanzebeel 4, a 8-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 29 December 2022 for AED 1,135,817, or AED 1,591 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 21 November 2022, is AED 155,000 a year: a gross yield of 13.7% on the 2022 price, before the service charge of about AED 14,700 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Zanzebeel 4
1M2M20092013201720212025Typical 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, September 2010: AED 2,480,888 (AED 1,738 per sqft)Sold, April 2013: AED 2,480,888 (AED 1,738 per sqft)Sold, December 2022: AED 1,135,817 (AED 1,591 per sqft)

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

Rents
Unit 702, 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, November 2013: AED 150,000 a yearNew contract, December 2014: AED 150,000 a yearRenewal, December 2015: AED 150,000 a yearRenewal, December 2017: AED 150,000 a yearRenewal, December 2018: AED 135,000 a yearRenewal, December 2019: AED 135,000 a yearRenewal, December 2020: AED 100,000 a yearRenewal, December 2021: AED 110,000 a yearNew contract, November 2022: AED 155,000 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 702 sits

All 15 2-beds →

702's AED 155,000 is in the upper 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 7th floor

All 41 units in Zanzebeel 4
Value
7011-bedAED 2.1M · Mar 2014
7031-bedAED 1.7M · Mar 2018
7043-bedAED 2M · Jul 2020
7052-bedAED 2.6M · May 2024

702, Zanzebeel 4 in numbers

  • Sold 3 times: first on 20 September 2010 for AED 2,480,888, last on 29 December 2022 for AED 1,135,817 (AED 1,591 per sqft).
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2020 and recovered to AED 155,000 by November 2022.
  • At AED 155,000 a year the gross yield on the 2022 price is 13.7%, before a service charge of about AED 14,700 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 29 December 2022.

Questions about 702, Zanzebeel 4

What did unit 702 last sell for?

AED 1,135,817 on 29 December 2022: AED 1,591 per sqft for 714 sqft. The unit has 3 registered sales; the first was AED 2,480,888 in September 2010.

What is the rent for unit 702?

AED 155,000 a year on the contract signed on 21 November 2022. The previous contract, from December 2021, was AED 110,000; the unit has been rented since November 2013.

How big is unit 702?

714 sqft (66.3 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2006.

What is unit 702 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 702, Zanzebeel 4

Starts from the last sale price (AED 1.14M, 29 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,135,817
Deposit, UAE resident (20%)
AED 227,163
Deposit, non-resident (40%)
AED 454,327
Monthly over 25 years at 3.7%
AED 4,647

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