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2-bed · 1,643 sqftThe Zen Tower, Dubai Marina · 1st floor · completed 2008

104, The Zen Tower

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 29 May 2024
Last soldAED 1.3M29 May 2024
Current rentAED 83K /yr9 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 104, The Zen Tower

What is 104 worth today?

Last sold for AED 1,300,000 in 2024

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29 May 2024SoldReady
AED 1,300,000AED 791 per sqft
9 Nov 2022RentedNew contract
AED 83,000/yr12 months · AED 50 per sqft
1 Mar 2022RentedRenewal
AED 65,000/yr6 months · AED 39 per sqft
1 Mar 2021RentedNew contract
AED 55,000/yr12 months · AED 33 per sqft
1 Aug 2017RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
10 Mar 2013RentedNew contract
AED 72,000/yr12 months · AED 45 per sqft
6 Sep 2010SoldReady
AED 825,000AED 513 per sqft
1 Oct 2009Sold by developerReady
AED 1,587,376AED 987 per sqft

Source: Dubai Land Department. Updated 29 May 2024.

Key facts

Type
2-bed apartment
Size
1,643 sqft
Floor
1st of 15
Parking
G-45
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 28,800 /yr
Last sold
AED 1.3M · May 2024
Building
The Zen Tower

About 104, The Zen Tower

104 is a two-bedroom apartment of 1,643 sqft on the 1st floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. It last sold on 29 May 2024 for AED 1,300,000, or AED 791 per sqft, 9% above the AED 725 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 9 November 2022, is AED 83,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 28,800 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical two-bed in The Zen Tower
1M1.5M20092013201720212025Typical sale price by year: 2009 AED 1,260,000; 2010 AED 1,046,399; 2012 AED 944,750; 2013 AED 1,600,000; 2021 AED 750,000; 2023 AED 945,000; 2024 AED 1,250,000Sold by developer, October 2009: AED 1,587,376 (AED 987 per sqft)Sold, September 2010: AED 825,000 (AED 513 per sqft)Sold, May 2024: AED 1,300,000 (AED 791 per sqft)

104 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 104, each contractTypical two-bed in The Zen Tower
50K100K2013201720212025Typical rent by year: 2013 AED 93,500; 2014 AED 110,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 97,500; 2018 AED 94,000; 2020 AED 56,000; 2021 AED 53,000; 2022 AED 72,000; 2023 AED 82,400; 2024 AED 99,360; 2025 AED 110,000New contract, March 2013: AED 72,000 a yearNew contract, August 2017: AED 105,000 a yearNew contract, March 2021: AED 55,000 a yearRenewal, March 2022: AED 65,000 a yearNew contract, November 2022: AED 83,000 a year

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

2-beds in The Zen Tower, and where 104 sits

All 23 2-beds →

104 last sold in May 2024 at AED 791 per sqft, 9% above what two-beds in The Zen Tower were fetching at the time (AED 725). 104's AED 83,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Jun 20251,450,000
12 May 20251,750,000
30 Aug 20241,151,450
29 Aug 20241,350,000
0 2-bed sales in the last 12 months

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 1st floor

All 67 units in The Zen Tower
Value
1013-bedAED 950K · Nov 2012
1023-bedAED 1.6M · Jan 2017
1032-bedAED 1.26M · Aug 2009
1051-bedAED 989K · Jul 2009

104, The Zen Tower in numbers

  • Sold 3 times: first on 1 October 2009 for AED 1,587,376, last on 29 May 2024 for AED 1,300,000 (AED 791 per sqft).
  • Rented since March 2013 on 5 Ejari contracts. The rent fell from AED 72,000 to AED 55,000 in 2021 and recovered to AED 83,000 by November 2022.
  • At AED 83,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 28,800 a year (AED 17.56 per sqft).

Source: Dubai Land Department. Updated 29 May 2024.

Questions about 104, The Zen Tower

What did unit 104 last sell for?

AED 1,300,000 on 29 May 2024: AED 791 per sqft for 1,643 sqft. The unit has 3 registered sales; the first was AED 1,587,376 in October 2009.

What is the rent for unit 104?

AED 83,000 a year on the contract signed on 9 November 2022. The previous contract, from March 2022, was AED 65,000; the unit has been rented since March 2013.

How big is unit 104?

1,643 sqft (152.6 sqm): a two-bedroom apartment on the 1st floor of a 15-storey tower completed in 2008.

What is unit 104 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 104, The Zen Tower

Starts from the last sale price (AED 1.3M, 29 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →