3-bed · 3,783 sqftOne Zaabeel The Residences, Zaabeel First · 48th floor · completed 2023

48-03, One Zaabeel The Residences

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 48-03 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 17.95M30 August 2022
Current rentAED 1.7M /yr5 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 48-03, One Zaabeel The Residences

What is 48-03 worth today?

Last sold for AED 17,952,372 in 2022

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5 Jun 2024RentedNew contract · flagged as an outlier
AED 1,700,000/yr12 months · AED 449 per sqft
30 Aug 2022Sold by developerOff-plan
AED 17,952,372AED 4,745 per sqft

Source: Dubai Land Department. Updated 5 June 2024.

Key facts

Type
3-bed apartment
Size
3,783 sqft
Floor
48th of 58
Parking
2
Developer
One Zaabeel
Completed
2023
Last sold
AED 17.95M · August 2022

About 48-03, One Zaabeel The Residences

48-03 is a three-bedroom apartment of 3,783 sqft on the 48th floor of One Zaabeel The Residences, a 58-storey tower in Zaabeel First completed in 2023 by One Zaabeel . The developer sold it on 30 August 2022 for AED 17,952,372, or AED 4,745 per sqft, 9% above the AED 4,338 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 June 2024. The current contract, signed on 5 June 2024, is AED 1,700,000 a year: a gross yield of 9.5% on the 2022 price.

Sales and rents for 48-03 over time

Sales
Unit 48-03, 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, August 2022: AED 17,952,372 (AED 4,745 per sqft)

48-03 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 48-03, 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 48-03 sits

All 32 3-beds →

48-03 last sold in August 2022 at AED 4,745 per sqft, 9% above what three-beds in One Zaabeel The Residences were fetching at the time (AED 4,338). 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. 48-03's AED 1,700,000 is at the top of that range.

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 48th floor

All 258 units in One Zaabeel The Residences
Value
48-012-bedAED 9.27M · Nov 2022
48-022-bedAED 10.8M · Dec 2024
48-042-bedAED 13.9M · Jul 2026
48-051-bedAED 6.8M · Dec 2025
48-062-bedAED 10.19M · Nov 2022
48-072-bedAED 8.49M · Sep 2022
48-082-bedAED 9.3M · Oct 2022

48-03, One Zaabeel The Residences in numbers

  • Sold once: by One Zaabeel on 30 August 2022 for AED 17,952,372, or AED 4,745 per sqft.
  • Rented since June 2024 on one Ejari contract, at AED 1,700,000 a year.
  • At AED 1,700,000 a year the gross yield on the 2022 price is 9.5%.
  • 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 5 June 2024.

Questions about 48-03, One Zaabeel The Residences

What did unit 48-03 last sell for?

AED 17,952,372 on 30 August 2022, sold by the developer: AED 4,745 per sqft for 3,783 sqft. It is the only registered sale of the unit.

What is the rent for unit 48-03?

AED 1,700,000 a year on the contract signed on 5 June 2024.

How big is unit 48-03?

3,783 sqft (351.5 sqm): a three-bedroom apartment on the 48th floor of a 58-storey tower completed in 2023.

What is unit 48-03 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 48-03, One Zaabeel The Residences

Starts from the last sale price (AED 17.95M, 30 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 17,952,372
Deposit, UAE resident (20%)
AED 3,590,474
Deposit, non-resident (40%)
AED 7,180,949
Monthly over 25 years at 3.7%
AED 73,449

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