2-bed · 1,455 sqftThe Zen Tower, Dubai Marina · 3rd floor · completed 2008

304, The Zen Tower

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

Unit 304 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 1.38M1 October 2013
Current rentAED 88K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, The Zen Tower

What is 304 worth today?

Last sold for AED 1,380,000 in 2013

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20 Oct 2024RentedRenewal
AED 88,000/yr12 months · AED 60 per sqft
20 Oct 2023RentedRenewal
AED 73,500/yr12 months · AED 50 per sqft
20 Oct 2022RentedRenewal
AED 62,400/yr12 months · AED 42 per sqft
20 Oct 2021RentedRenewal
AED 52,000/yr12 months · AED 35 per sqft
1 Mar 2018RentedNew contract
AED 93,000/yr12 months · AED 64 per sqft
1 Oct 2013Sold by developerReady
AED 1,380,000AED 948 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
1,455 sqft
Floor
3rd of 15
Parking
G-12
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 25,500 /yr
Last sold
AED 1.38M · October 2013

About 304, The Zen Tower

304 is a two-bedroom apartment of 1,455 sqft on the 3rd floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. The developer sold it on 1 October 2013 for AED 1,380,000, or AED 948 per sqft, 9% below the AED 1,037 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 88,000 a year: a gross yield of 6.4% on the 2013 price, before the service charge of about AED 25,500 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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 2013: AED 1,380,000 (AED 948 per sqft)

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

Rents
Unit 304, 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 2018: AED 93,000 a yearRenewal, October 2021: AED 52,000 a yearRenewal, October 2022: AED 62,400 a yearRenewal, October 2023: AED 73,500 a yearRenewal, October 2024: AED 88,000 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 304 sits

All 23 2-beds →

304 last sold in October 2013 at AED 948 per sqft, 9% below what two-beds in The Zen Tower were fetching at the time (AED 1,037). 304's AED 88,000 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 3rd floor

All 67 units in The Zen Tower
Value
3013-bedAED 1.54M · Sep 2013
3023-bedAED 1.4M · Dec 2024
3032-bedAED 2.28M · Jul 2013
3051-bedAED 800K · May 2009

304, The Zen Tower in numbers

  • Sold once: by Wealthcare Investments on 1 October 2013 for AED 1,380,000, or AED 948 per sqft.
  • Rented since March 2018 on 5 Ejari contracts. The rent fell from AED 93,000 to AED 52,000 in 2021 and recovered to AED 88,000 by October 2024.
  • At AED 88,000 a year the gross yield on the 2013 price is 6.4%, before a service charge of about AED 25,500 a year (AED 17.56 per sqft).

Source: Dubai Land Department. Updated 20 October 2024.

Questions about 304, The Zen Tower

What did unit 304 last sell for?

AED 1,380,000 on 1 October 2013, sold by the developer: AED 948 per sqft for 1,455 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 88,000 a year on the contract renewed on 20 October 2024. The previous contract, from October 2023, was AED 73,500; the unit has been rented since March 2018.

How big is unit 304?

1,455 sqft (135.2 sqm): a two-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2008.

What is unit 304 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 304, The Zen Tower

Starts from the last sale price (AED 1.38M, 1 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

Plus AED 62,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →