1,482 sqftThe Zen Tower, Dubai Marina · 10th floor · completed 2008

1003, The Zen Tower

Sold prices and rental history: sold once, by the developer in October 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 12 January 2025
Last soldAED 695K10 October 2011
Current rentAED 107K /yr12 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, The Zen Tower

What is 1003 worth today?

Last sold for AED 694,844 in 2011

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12 Jan 2025RentedRenewal
AED 107,000/yr12 months · AED 73 per sqft
12 Jan 2024RentedRenewal
AED 87,000/yr12 months · AED 59 per sqft
12 Jan 2022RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
5 Jan 2021RentedNew contract
AED 50,000/yr12 months · AED 34 per sqft
1 Feb 2018RentedNew contract
AED 75,000/yr12 months · AED 51 per sqft
1 May 2017RentedNew contract
AED 105,000/yr12 months · AED 72 per sqft
1 Apr 2016RentedNew contract
AED 75,000/yr12 months · AED 51 per sqft
10 Oct 2011Sold by developerReady
AED 694,844AED 475 per sqft

Source: Dubai Land Department. Updated 12 January 2025.

Key facts

Type
Apartment
Size
1,482 sqft
Floor
10th of 15
Parking
G-32
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 26,000 /yr
Last sold
AED 695K · October 2011

About 1003, The Zen Tower

1003 is an apartment of 1,482 sqft on the 10th floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. The developer sold it on 10 October 2011 for AED 694,844, or AED 475 per sqft.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 12 January 2025, is AED 107,000 a year: a gross yield of 15.4% on the 2011 price, before the service charge of about AED 26,000 a year.

The Zen Tower

Building

67 apartments, 1-bed to 4-bed over 15 floors in Dubai Marina, completed in 2008 by Wealthcare Investments. 2 sold in the last 12 months.

Typical price per sqft
AED 946
Typical sale
AED 1.3M
Typical rent
AED 120K /yr
Typical yield
8.6%
The Zen Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 67 units in The Zen Tower
Value
10013-bedAED 824K · Oct 2011
1002AED 824K · Oct 2011
1004AED 695K · Oct 2011
1005AED 487K · Oct 2011

1003, The Zen Tower in numbers

  • Sold once: by Wealthcare Investments on 10 October 2011 for AED 694,844, or AED 475 per sqft.
  • Rented since April 2016 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2021 and recovered to AED 107,000 by January 2025.
  • At AED 107,000 a year the gross yield on the 2011 price is 15.4%, before a service charge of about AED 26,000 a year (AED 17.56 per sqft).

Source: Dubai Land Department. Updated 12 January 2025.

Questions about 1003, The Zen Tower

What did unit 1003 last sell for?

AED 694,844 on 10 October 2011, sold by the developer: AED 475 per sqft for 1,482 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 107,000 a year on the contract renewed on 12 January 2025. The previous contract, from January 2024, was AED 87,000; the unit has been rented since April 2016.

How big is unit 1003?

1,482 sqft (137.7 sqm): an apartment on the 10th floor of a 15-storey tower completed in 2008.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1003, The Zen Tower

Starts from the last sale price (AED 695K, 10 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 694,844
Deposit, UAE resident (20%)
AED 138,969
Deposit, non-resident (40%)
AED 277,938
Monthly over 25 years at 3.7%
AED 2,843

Plus AED 34,194 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →