16-02, One Zaabeel The Residences
Sold prices and rental history: sold once, by the developer in October 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 16-02, One Zaabeel The Residences
What is 16-02 worth today?
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Source: Dubai Land Department. Updated 12 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,184 sqft
- Floor
- 16th of 58
- Parking
- P2-50 (Automated)
- Developer
- One Zaabeel
- Completed
- 2023
- Last sold
- AED 4.6M · October 2023
- Building
- One Zaabeel The Residences
About 16-02, One Zaabeel The Residences
16-02 is a one-bedroom apartment of 1,184 sqft on the 16th floor of One Zaabeel The Residences, a 58-storey tower in Zaabeel First completed in 2023 by One Zaabeel . The developer sold it on 31 October 2023 for AED 4,600,000, or AED 3,886 per sqft, in line with the AED 3,846 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 12 March 2024, is AED 380,000 a year: a gross yield of 8.3% on the 2023 price.
Sales and rents for 16-02 over time
16-02 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in One Zaabeel The Residences, and where 16-02 sits
All 56 1-beds →16-02 last sold in October 2023 at AED 3,886 per sqft, in line with what one-beds in One Zaabeel The Residences were fetching at the time (AED 3,846). Over the last 12 months one-beds sold for AED 4,550,000 to 7,200,000, around AED 4,315 per sqft, and rent for AED 250,000 to 430,000 a year. 16-02's AED 380,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 1,159 sqft | 4,600,000 | 3,969 | ||
| 3 Apr 20263 April 2026 | 1,159 sqft | 4,550,000 | 3,927 | ||
| 26 Feb 202626 February 2026 | 1,159 sqft | 5,000,000 | 4,315 | ||
| 20 Jan 202620 January 2026 | 1,501 sqft | 7,200,000 | 4,796 |
One Zaabeel The Residences
Building258 apartments, 1-bed to 5-bed over 58 floors in Zaabeel First, completed in 2023 by One Zaabeel . 30 sold in the last 12 months.
- Typical price per sqft
- AED 4,167 Down 10.5%
- Typical sale
- AED 8.4M
- Typical rent
- AED 440K /yr
- Typical yield
- 6.0%
Other units on the 16th floor
All 258 units in One Zaabeel The Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 16-01 | 2-bed | 1,782 sqft | AED 6.15MAED 6,150,000 · Nov 2023November 2023 | ||
| 16-03 | 1-bed | 1,158 sqft | AED 4.65MAED 4,650,000 · Sep 2023September 2023 | 300,000 /yr | |
| 16-04 | 2-bed | 2,016 sqft | AED 8.8MAED 8,800,000 · Oct 2025October 2025 | ||
| 16-05 | 3-bed | 2,436 sqft | AED 12.3MAED 12,300,000 · Jun 2024June 2024 | 700,000 /yr | |
| 16-06 | 2-bed | 1,611 sqft | AED 7.9MAED 7,900,000 · Nov 2024November 2024 | 430,000 /yr | |
| 16-07 | 2-bed | 2,015 sqft | AED 7.65MAED 7,650,000 · Oct 2023October 2023 | 678,784 /yr |
16-02, One Zaabeel The Residences in numbers
- Sold once: by One Zaabeel on 31 October 2023 for AED 4,600,000, or AED 3,886 per sqft.
- Rented since March 2024 on 2 Ejari contracts, at AED 380,000 a year.
- At AED 380,000 a year the gross yield on the 2023 price is 8.3%.
- One-beds in One Zaabeel The Residences sold for AED 4,550,000–7,200,000 in the 12 months to November 2026; the building's median across all types is AED 4,167 per sqft.
Source: Dubai Land Department. Updated 12 March 2024.
Questions about 16-02, One Zaabeel The Residences
What did unit 16-02 last sell for?
AED 4,600,000 on 31 October 2023, sold by the developer: AED 3,886 per sqft for 1,184 sqft. It is the only registered sale of the unit.
What is the rent for unit 16-02?
AED 380,000 a year on the contract signed on 12 March 2024. The previous contract, from March 2024, was AED 380,000.
How big is unit 16-02?
1,184 sqft (110.0 sqm): a one-bedroom apartment on the 16th floor of a 58-storey tower completed in 2023.
What is unit 16-02 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in One Zaabeel The Residences sold for AED 4,550,000 to 7,200,000 in the last 12 months, around AED 4,315 per sqft.
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Mortgage on 16-02, One Zaabeel The Residences
Starts from the last sale price (AED 4.6M, 31 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,600,000
- Deposit, UAE resident (20%)
- AED 920,000
- Deposit, non-resident (40%)
- AED 1,840,000
- Monthly over 25 years at 3.7%
- AED 18,820
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →