3-bed · 3,788 sqftOne Zaabeel The Residences, Zaabeel First · 40th floor · completed 2023

40-04, One Zaabeel The Residences

Sold prices and rental history: sold 3 times, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40-04 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 22.5M4 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40-04, One Zaabeel The Residences

What is 40-04 worth today?

Last sold for AED 22,500,000 in 2024

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4 Jun 2024SoldReady
AED 22,500,000AED 5,940 per sqft
30 Nov 2023SoldReady
AED 18,210,814AED 4,807 per sqft
26 Sep 2022Sold by developerOff-plan
AED 16,893,392AED 4,461 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
3-bed apartment
Size
3,788 sqft
Floor
40th of 58
Parking
B1-44,B1-45
Developer
One Zaabeel
Completed
2023
Last sold
AED 22.5M · June 2024

About 40-04, One Zaabeel The Residences

40-04 is a three-bedroom apartment of 3,788 sqft on the 40th floor of One Zaabeel The Residences, a 58-storey tower in Zaabeel First completed in 2023 by One Zaabeel . It last sold on 4 June 2024 for AED 22,500,000, or AED 5,940 per sqft, 17% above the AED 5,090 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 40-04 over time

Sales
Unit 40-04, each saleTypical three-bed in One Zaabeel The Residences
15M20M20222023202420252026Typical sale price by year: 2022 AED 16,006,709; 2023 AED 12,700,000; 2024 AED 12,700,000; 2025 AED 20,750,000Sold by developer, September 2022: AED 16,893,392 (AED 4,461 per sqft)Sold, November 2023: AED 18,210,814 (AED 4,807 per sqft)Sold, June 2024: AED 22,500,000 (AED 5,940 per sqft)

40-04 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 40-04, each contractTypical three-bed in One Zaabeel The Residences
600K650K202520262027Typical rent by year: 2025 AED 600,000; 2026 AED 671,000

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

3-beds in One Zaabeel The Residences, and where 40-04 sits

All 32 3-beds →

40-04 last sold in June 2024 at AED 5,940 per sqft, 17% above what three-beds in One Zaabeel The Residences were fetching at the time (AED 5,090). Over the last 12 months three-beds sold for AED 5,564,684 to 23,500,000, around AED 4,242 per sqft, and rent for AED 590,000 to 700,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Aug 20265,564,684
30 Mar 202623,500,000
4 Aug 202518,720,000
11 Apr 202523,000,000
2 3-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
40-022-bedAED 9.9M · Jan 2023
40-032-bedAED 9.23M · Sep 2022
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

40-04, One Zaabeel The Residences in numbers

  • Sold 3 times: first on 26 September 2022 for AED 16,893,392, last on 4 June 2024 for AED 22,500,000 (AED 5,940 per sqft).
  • Three-beds in One Zaabeel The Residences sold for AED 5,564,684–23,500,000 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 4 June 2024.

Questions about 40-04, One Zaabeel The Residences

What did unit 40-04 last sell for?

AED 22,500,000 on 4 June 2024: AED 5,940 per sqft for 3,788 sqft. The unit has 3 registered sales; the first was AED 16,893,392 in September 2022.

How big is unit 40-04?

3,788 sqft (351.9 sqm): a three-bedroom apartment on the 40th floor of a 58-storey tower completed in 2023.

What is unit 40-04 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in One Zaabeel The Residences sold for AED 5,564,684 to 23,500,000 in the last 12 months, around AED 4,242 per sqft.

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Mortgage on 40-04, One Zaabeel The Residences

Starts from the last sale price (AED 22.5M, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 22,500,000
Deposit, UAE resident (20%)
AED 4,500,000
Deposit, non-resident (40%)
AED 9,000,000
Monthly over 25 years at 3.7%
AED 92,054

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