2-bed · 1,482 sqftThe Zen Tower, Dubai Marina · 11th floor · completed 2008

1103, The Zen Tower

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 825K25 November 2021
Current rentAED 50K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, The Zen Tower

What is 1103 worth today?

Last sold for AED 825,085 in 2021

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1 Feb 2023RentedNew contract
AED 50,000/yr12 months · AED 34 per sqft
1 Feb 2022RentedNew contract
AED 75,000/yr12 months · AED 50 per sqft
25 Nov 2021SoldReady
AED 825,085AED 556 per sqft
1 Aug 2017RentedNew contract
AED 100,000/yr12 months · AED 68 per sqft
23 May 2015RentedRenewal
AED 110,000/yr12 months · AED 75 per sqft
23 May 2014RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft
18 Jul 2010Sold by developerReady
AED 1,046,399AED 715 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
2-bed apartment
Size
1,482 sqft
Floor
11th of 15
Parking
G-35
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 26,000 /yr
Last sold
AED 825K · November 2021

About 1103, The Zen Tower

1103 is a two-bedroom apartment of 1,482 sqft on the 11th floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. It last sold on 25 November 2021 for AED 825,085, or AED 556 per sqft, 10% above the AED 507 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 February 2023, is AED 50,000 a year: a gross yield of 6.1% on the 2021 price, before the service charge of about AED 26,000 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, 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, July 2010: AED 1,046,399 (AED 715 per sqft)Sold, November 2021: AED 825,085 (AED 556 per sqft)

1103 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1103, 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, May 2014: AED 110,000 a yearRenewal, May 2015: AED 110,000 a yearNew contract, August 2017: AED 100,000 a yearNew contract, February 2022: AED 75,000 a yearNew contract, February 2023: AED 50,000 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 1103 sits

All 23 2-beds →

1103 last sold in November 2021 at AED 556 per sqft, 10% above what two-beds in The Zen Tower were fetching at the time (AED 507). 1103's AED 50,000 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 11th floor

All 67 units in The Zen Tower
Value
11013-bedAED 1.35M · Oct 2022
11023-bedAED 1.55M · Feb 2023
11042-bedAED 979K · May 2022
11051-bedAED 613K · Nov 2021

1103, The Zen Tower in numbers

  • Sold twice: first on 18 July 2010 for AED 1,046,399, last on 25 November 2021 for AED 825,085 (AED 556 per sqft).
  • Rented since May 2014 on 5 Ejari contracts, from AED 110,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 6.1%, before a service charge of about AED 26,000 a year (AED 17.56 per sqft).

Source: Dubai Land Department. Updated 1 February 2023.

Questions about 1103, The Zen Tower

What did unit 1103 last sell for?

AED 825,085 on 25 November 2021: AED 556 per sqft for 1,482 sqft. The unit has 2 registered sales; the first was AED 1,046,399 in July 2010.

What is the rent for unit 1103?

AED 50,000 a year on the contract signed on 1 February 2023. The previous contract, from February 2022, was AED 75,000; the unit has been rented since May 2014.

How big is unit 1103?

1,482 sqft (137.7 sqm): a two-bedroom apartment on the 11th floor of a 15-storey tower completed in 2008.

What is unit 1103 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 1103, The Zen Tower

Starts from the last sale price (AED 825K, 25 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 825,085
Deposit, UAE resident (20%)
AED 165,017
Deposit, non-resident (40%)
AED 330,034
Monthly over 25 years at 3.7%
AED 3,376

Plus AED 39,663 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →