2-bed · 1,390 sqftAddress Residences Zabeel Tower 1, Zaabeel First · 5th floor

509, 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 509 · DLD and Ejari recordsUpdated 10 April 2024
Last soldAED 3.87M10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Address Residences Zabeel Tower 1

What is 509 worth today?

Last sold for AED 3,874,888 in 2024

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10 Apr 2024Sold by developerOff-plan
AED 3,874,888AED 2,682 per sqft
10 Apr 2024SoldOff-plan
AED 3,375,888AED 2,429 per sqft

Source: Dubai Land Department. Updated 10 April 2024.

Key facts

Type
2-bed apartment
Size
1,390 sqft
Floor
5th of 50
Parking
1
Developer
Zabeel Square
Last sold
AED 3.87M · April 2024

About 509, Address Residences Zabeel Tower 1

509 is a two-bedroom apartment of 1,390 sqft on the 5th floor of Address Residences Zabeel Tower 1, a 50-storey tower in Zaabeel First by Zabeel Square . The developer sold it on 10 April 2024 for AED 3,874,888, or AED 2,682 per sqft, in line with 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 509 over time

Sales
Unit 509, each saleTypical two-bed in Address Residences Zabeel Tower 1
3M4M2024202520262027Typical sale price by year: 2024 AED 3,542,388; 2025 AED 3,650,000; 2026 AED 2,370,000Sold by developer, April 2024: AED 3,874,888 (AED 2,682 per sqft)Sold, April 2024: AED 3,375,888 (AED 2,429 per sqft)

509 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 509 sits

All 188 2-beds →

509 last sold in April 2024 at AED 2,682 per sqft, in line with 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
5052-bedAED 3.54M · Apr 2024
5062-bedAED 3.03M · Apr 2024
5073-bedAED 4.61M · Apr 2024
1–7 of 8

509, Address Residences Zabeel Tower 1 in numbers

  • Sold twice: first on 10 April 2024 for AED 3,375,888, last on 10 April 2024 for AED 3,874,888 (AED 2,682 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 10 April 2024.

Questions about 509, Address Residences Zabeel Tower 1

What did unit 509 last sell for?

AED 3,874,888 on 10 April 2024, sold by the developer: AED 2,682 per sqft for 1,390 sqft. The unit has 2 registered sales; the first was AED 3,375,888 in April 2024.

How big is unit 509?

1,390 sqft (129.1 sqm): a two-bedroom apartment on the 5th floor of a 50-storey tower.

What is unit 509 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 509, Address Residences Zabeel Tower 1

Starts from the last sale price (AED 3.87M, 10 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,874,888
Deposit, UAE resident (20%)
AED 774,978
Deposit, non-resident (40%)
AED 1,549,955
Monthly over 25 years at 3.7%
AED 15,853

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