2-bed · 1,404 sqftZanzebeel 4, The Old Town · 7th floor · completed 2006

705, Zanzebeel 4

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 14 May 2024
Last soldAED 2.6M14 May 2024
Current rentAED 150K /yr13 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Zanzebeel 4

What is 705 worth today?

Last sold for AED 2,600,000 in 2024

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14 May 2024SoldReady
AED 2,600,000AED 1,851 per sqft
13 Mar 2024RentedRenewal
AED 150,000/yr12 months · AED 107 per sqft
13 Mar 2023RentedRenewal
AED 139,500/yr12 months · AED 100 per sqft
13 Mar 2022RentedRenewal
AED 115,500/yr12 months · AED 83 per sqft
13 Mar 2021RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
13 Mar 2020RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
13 Mar 2019RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
1 Jan 2018RentedRenewal
AED 150,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 14 May 2024.

Key facts

Type
2-bed apartment
Size
1,404 sqft
Floor
7th of 8
Parking
B-3667
Developer
Emaar
Completed
2006
Service charge
AED 29,000 /yr
Last sold
AED 2.6M · May 2024
Building
Zanzebeel 4

About 705, Zanzebeel 4

705 is a two-bedroom apartment of 1,404 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 14 May 2024 for AED 2,600,000, or AED 1,851 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 13 March 2024, is AED 150,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 29,000 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in Zanzebeel 4
1.5M2M2.5M20092013201720212025Typical 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 2009: AED 2,222,888 (AED 1,583 per sqft)Sold, May 2024: AED 2,600,000 (AED 1,851 per sqft)

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

Rents
Unit 705, 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, January 2013: AED 130,000 a yearNew contract, June 2014: AED 165,000 a yearNew contract, January 2016: AED 160,000 a yearRenewal, January 2017: AED 160,000 a yearRenewal, January 2018: AED 150,000 a yearNew contract, March 2019: AED 125,000 a yearRenewal, March 2020: AED 110,000 a yearRenewal, March 2021: AED 110,000 a yearRenewal, March 2022: AED 115,500 a yearRenewal, March 2023: AED 139,500 a yearRenewal, March 2024: AED 150,000 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 705 sits

All 15 2-beds →

705's AED 150,000 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
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 7th floor

All 41 units in Zanzebeel 4
Value
7011-bedAED 2.1M · Mar 2014
7022-bedAED 1.14M · Dec 2022
7031-bedAED 1.7M · Mar 2018
7043-bedAED 2M · Jul 2020

705, Zanzebeel 4 in numbers

  • Sold twice: first on 28 September 2009 for AED 2,222,888, last on 14 May 2024 for AED 2,600,000 (AED 1,851 per sqft).
  • Rented since January 2013 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 110,000 in 2021 and recovered to AED 150,000 by March 2024.
  • At AED 150,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 29,000 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 14 May 2024.

Questions about 705, Zanzebeel 4

What did unit 705 last sell for?

AED 2,600,000 on 14 May 2024: AED 1,851 per sqft for 1,404 sqft. The unit has 2 registered sales; the first was AED 2,222,888 in September 2009.

What is the rent for unit 705?

AED 150,000 a year on the contract renewed on 13 March 2024. The previous contract, from March 2023, was AED 139,500; the unit has been rented since January 2013.

How big is unit 705?

1,404 sqft (130.4 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2006.

What is unit 705 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 705, Zanzebeel 4

Starts from the last sale price (AED 2.6M, 14 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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