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1,474 sqftThe Zen Tower, Dubai Marina · 10th floor · completed 2008

1004, The Zen Tower

Sold prices and rental history: sold once, by the developer in October 2011, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 25 February 2021
Last soldAED 695K10 October 2011
Current rentAED 52K /yr25 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1004, The Zen Tower

What is 1004 worth today?

Last sold for AED 694,844 in 2011

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25 Feb 2021RentedNew contract
AED 52,000/yr12 months · AED 35 per sqft
1 Dec 2016RentedNew contract
AED 108,000/yr12 months · AED 74 per sqft
28 Nov 2014RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
10 Oct 2011Sold by developerReady
AED 694,844AED 477 per sqft

Source: Dubai Land Department. Updated 25 February 2021.

Key facts

Type
Apartment
Size
1,474 sqft
Floor
10th of 15
Parking
G-33
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 25,900 /yr
Last sold
AED 695K · October 2011
Building
The Zen Tower

About 1004, The Zen Tower

1004 is an apartment of 1,474 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 477 per sqft.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 25 February 2021, is AED 52,000 a year: a gross yield of 7.5% on the 2011 price, before the service charge of about AED 25,900 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
1003AED 695K · Oct 2011
1005AED 487K · Oct 2011

1004, The Zen Tower in numbers

  • Sold once: by Wealthcare Investments on 10 October 2011 for AED 694,844, or AED 477 per sqft.
  • Rented since November 2014 on 3 Ejari contracts, from AED 100,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2011 price is 7.5%, before a service charge of about AED 25,900 a year (AED 17.56 per sqft).

Source: Dubai Land Department. Updated 25 February 2021.

Questions about 1004, The Zen Tower

What did unit 1004 last sell for?

AED 694,844 on 10 October 2011, sold by the developer: AED 477 per sqft for 1,474 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 52,000 a year on the contract signed on 25 February 2021. The previous contract, from December 2016, was AED 108,000; the unit has been rented since November 2014.

How big is unit 1004?

1,474 sqft (136.9 sqm): an apartment on the 10th floor of a 15-storey tower completed in 2008.

What is unit 1004 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 1004, 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 →