2-bed · 1,474 sqftThe Zen Tower, Dubai Marina · 2nd floor · completed 2008

204, The Zen Tower

Sold prices and rental history: sold once, by the developer in October 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 25 October 2018
Last soldAED 2.39M25 October 2018
Current rentAED 95K /yr1 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, The Zen Tower

What is 204 worth today?

Last sold for AED 2,389,292 in 2018

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25 Oct 2018Sold by developerReady
AED 2,389,292AED 1,620 per sqft
1 Jul 2016RentedNew contract
AED 95,000/yr12 months · AED 65 per sqft
7 Mar 2015RentedNew contract
AED 107,000/yr12 months · AED 74 per sqft
10 Dec 2013RentedNew contract
AED 95,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 25 October 2018.

Key facts

Type
2-bed apartment
Size
1,474 sqft
Floor
2nd of 15
Parking
G-09 0
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 25,900 /yr
Last sold
AED 2.39M · October 2018

About 204, The Zen Tower

204 is a two-bedroom apartment of 1,474 sqft on the 2nd floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. The developer sold it on 25 October 2018 for AED 2,389,292, or AED 1,620 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 July 2016, is AED 95,000 a year: a gross yield of 4.0% on the 2018 price, before the service charge of about AED 25,900 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical two-bed in The Zen Tower
1M2M20092013201720212025Typical 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 2018: AED 2,389,292 (AED 1,620 per sqft)

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

Rents
Unit 204, 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, December 2013: AED 95,000 a yearNew contract, March 2015: AED 107,000 a yearNew contract, July 2016: AED 95,000 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 204 sits

All 23 2-beds →

204's AED 95,000 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 2nd floor

All 67 units in The Zen Tower
Value
2013-bedAED 1.23M · May 2011
2023-bedAED 1.9M · May 2015
2032-bedAED 1.75M · May 2025
2051-bedAED 740K · Oct 2016

204, The Zen Tower in numbers

  • Sold once: by Wealthcare Investments on 25 October 2018 for AED 2,389,292, or AED 1,620 per sqft.
  • Rented since December 2013 on 3 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2018 price is 4.0%, before a service charge of about AED 25,900 a year (AED 17.56 per sqft).

Source: Dubai Land Department. Updated 25 October 2018.

Questions about 204, The Zen Tower

What did unit 204 last sell for?

AED 2,389,292 on 25 October 2018, sold by the developer: AED 1,620 per sqft for 1,474 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 95,000 a year on the contract signed on 1 July 2016. The previous contract, from March 2015, was AED 107,000; the unit has been rented since December 2013.

How big is unit 204?

1,474 sqft (136.9 sqm): a two-bedroom apartment on the 2nd floor of a 15-storey tower completed in 2008.

What is unit 204 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 204, The Zen Tower

Starts from the last sale price (AED 2.39M, 25 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,389,292
Deposit, UAE resident (20%)
AED 477,858
Deposit, non-resident (40%)
AED 955,717
Monthly over 25 years at 3.7%
AED 9,775

Plus AED 105,361 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →