2-bed · 2,566 sqftOne Zaabeel The Residences, Zaabeel First · 40th floor · completed 2023

40-02, One Zaabeel The Residences

Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40-02 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 9.9M15 January 2023
Current rentAED 750K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40-02, One Zaabeel The Residences

What is 40-02 worth today?

Last sold for AED 9,896,000 in 2023

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10 Jun 2026RentedNew contract · flagged as an outlier
AED 750,000/yr12 months · AED 292 per sqft
15 Jan 2023Sold by developerOff-plan
AED 9,896,000AED 3,856 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
2-bed apartment
Size
2,566 sqft
Floor
40th of 58
Parking
B3-114,B3-138
Developer
One Zaabeel
Completed
2023
Last sold
AED 9.9M · January 2023

About 40-02, One Zaabeel The Residences

40-02 is a two-bedroom apartment of 2,566 sqft on the 40th floor of One Zaabeel The Residences, a 58-storey tower in Zaabeel First completed in 2023 by One Zaabeel . The developer sold it on 15 January 2023 for AED 9,896,000, or AED 3,856 per sqft, 4% above the AED 3,722 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 June 2026. The current contract, signed on 10 June 2026, is AED 750,000 a year: a gross yield of 7.6% on the 2023 price.

Sales and rents for 40-02 over time

Sales
Unit 40-02, each saleTypical two-bed in One Zaabeel The Residences
8M10M202220242026Typical sale price by year: 2022 AED 8,875,500; 2023 AED 7,200,000; 2024 AED 10,100,000; 2025 AED 8,800,000; 2026 AED 10,250,000Sold by developer, January 2023: AED 9,896,000 (AED 3,856 per sqft)

40-02 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 40-02, each contractTypical two-bed in One Zaabeel The Residences
480K500K2024202520262027Typical rent by year: 2024 AED 467,500; 2025 AED 500,000; 2026 AED 500,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in One Zaabeel The Residences, and where 40-02 sits

All 170 2-beds →

40-02 last sold in January 2023 at AED 3,856 per sqft, 4% above what two-beds in One Zaabeel The Residences were fetching at the time (AED 3,722). Over the last 12 months two-beds sold for AED 6,000,000 to 15,220,000, around AED 4,166 per sqft, and rent for AED 90,000 to 850,000 a year. 40-02's AED 750,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 202615,220,000
28 Oct 20267,080,800
28 Oct 20268,500,000
21 Oct 202610,250,000
23 2-bed sales in the last 12 months

One Zaabeel The Residences

Building

258 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%
One Zaabeel The Residences, Zaabeel First: prices, sales and rents →

Other units on the 40th floor

All 258 units in One Zaabeel The Residences
Value
40-012-bedAED 8.85M · Sep 2022
40-032-bedAED 9.23M · Sep 2022
40-043-bedAED 22.5M · Jun 2024
40-052-bedAED 11.3M · Sep 2022
40-061-bedAED 6.65M · Jan 2024
40-072-bedAED 4.74M · Jun 2024
40-082-bedAED 7.98M · Sep 2022
1–7 of 8

40-02, One Zaabeel The Residences in numbers

  • Sold once: by One Zaabeel on 15 January 2023 for AED 9,896,000, or AED 3,856 per sqft.
  • Rented since June 2026 on one Ejari contract, at AED 750,000 a year.
  • At AED 750,000 a year the gross yield on the 2023 price is 7.6%.
  • Two-beds in One Zaabeel The Residences sold for AED 6,000,000–15,220,000 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 10 June 2026.

Questions about 40-02, One Zaabeel The Residences

What did unit 40-02 last sell for?

AED 9,896,000 on 15 January 2023, sold by the developer: AED 3,856 per sqft for 2,566 sqft. It is the only registered sale of the unit.

What is the rent for unit 40-02?

AED 750,000 a year on the contract signed on 10 June 2026.

How big is unit 40-02?

2,566 sqft (238.4 sqm): a two-bedroom apartment on the 40th floor of a 58-storey tower completed in 2023.

What is unit 40-02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in One Zaabeel The Residences sold for AED 6,000,000 to 15,220,000 in the last 12 months, around AED 4,166 per sqft.

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Mortgage on 40-02, One Zaabeel The Residences

Starts from the last sale price (AED 9.9M, 15 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 9,896,000
Deposit, UAE resident (20%)
AED 1,979,200
Deposit, non-resident (40%)
AED 3,958,400
Monthly over 25 years at 3.7%
AED 40,488

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