2-bed · 1,425 sqftAddress Residences Zabeel Tower 1, Zaabeel First · 5th floor

505, Address Residences Zabeel Tower 1

Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 4 April 2024
Last soldAED 3.54M4 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Address Residences Zabeel Tower 1

What is 505 worth today?

Last sold for AED 3,544,888 in 2024

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4 Apr 2024SoldOff-plan
AED 3,544,888AED 2,488 per sqft
21 Mar 2024Sold by developerOff-plan
AED 2,018,888AED 2,730 per sqft

Source: Dubai Land Department. Updated 4 April 2024.

Key facts

Type
2-bed apartment
Size
1,425 sqft
Floor
5th of 50
Parking
1
Developer
Zabeel Square
Last sold
AED 3.54M · April 2024

About 505, Address Residences Zabeel Tower 1

505 is a two-bedroom apartment of 1,425 sqft on the 5th floor of Address Residences Zabeel Tower 1, a 50-storey tower in Zaabeel First by Zabeel Square . It last sold on 4 April 2024 for AED 3,544,888, or AED 2,488 per sqft, 6% below the AED 2,659 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Address Residences Zabeel Tower 1
2M3M2024202520262027Typical sale price by year: 2024 AED 3,542,388; 2025 AED 3,650,000; 2026 AED 2,370,000Sold by developer, March 2024: AED 2,018,888 (AED 2,730 per sqft)Sold, April 2024: AED 3,544,888 (AED 2,488 per sqft)

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

2-beds in Address Residences Zabeel Tower 1, and where 505 sits

All 188 2-beds →

505 last sold in April 2024 at AED 2,488 per sqft, 6% below what two-beds in Address Residences Zabeel Tower 1 were fetching at the time (AED 2,659). Over the last 12 months two-beds sold for AED 209,694 to 3,445,435, around AED 2,777 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20263,060,888
4 Nov 20263,409,888
1 May 20262,370,000
11 Mar 20262,255,000
6 2-bed sales in the last 12 months

Address Residences Zabeel Tower 1

Building

420 apartments, 1-bed to 6-bed over 50 floors in Zaabeel First by Zabeel Square . 13 sold in the last 12 months.

Typical price per sqft
AED 2,852 Up 2.7%
Typical sale
AED 2.18M
Typical rent
Few contracts
Typical yield
Address Residences Zabeel Tower 1, Zaabeel First: prices, sales and rents →
Value
5012-bedAED 3.04M · Apr 2024
5021-bedAED 2.27M · Apr 2024
5032-bedAED 3.87M · Apr 2024
5041-bedAED 2.19M · Apr 2024
5062-bedAED 3.03M · Apr 2024
5073-bedAED 4.61M · Apr 2024
5081-bedAED 2.17M · Apr 2024
1–7 of 8

505, Address Residences Zabeel Tower 1 in numbers

  • Sold twice: first on 21 March 2024 for AED 2,018,888, last on 4 April 2024 for AED 3,544,888 (AED 2,488 per sqft).
  • Two-beds in Address Residences Zabeel Tower 1 sold for AED 209,694–3,445,435 in the 12 months to November 2026; the building's median across all types is AED 2,852 per sqft.

Source: Dubai Land Department. Updated 4 April 2024.

Questions about 505, Address Residences Zabeel Tower 1

What did unit 505 last sell for?

AED 3,544,888 on 4 April 2024: AED 2,488 per sqft for 1,425 sqft. The unit has 2 registered sales; the first was AED 2,018,888 in March 2024.

How big is unit 505?

1,425 sqft (132.4 sqm): a two-bedroom apartment on the 5th floor of a 50-storey tower.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Address Residences Zabeel Tower 1 sold for AED 209,694 to 3,445,435 in the last 12 months, around AED 2,777 per sqft.

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Mortgage on 505, Address Residences Zabeel Tower 1

Starts from the last sale price (AED 3.54M, 4 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,544,888
Deposit, UAE resident (20%)
AED 708,978
Deposit, non-resident (40%)
AED 1,417,955
Monthly over 25 years at 3.7%
AED 14,503

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