3-bed · 1,765 sqftThe Zen Tower, Dubai Marina · 7th floor · completed 2008

701, The Zen Tower

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.26M3 October 2023
Current rentAED 167K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, The Zen Tower

What is 701 worth today?

Last sold for AED 1,262,116 in 2023

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1 Aug 2025RentedNew contract
AED 167,000/yr12 months · AED 95 per sqft
1 May 2024RentedNew contract
AED 180,000/yr12 months · AED 102 per sqft
3 Oct 2023SoldReady
AED 1,262,116AED 715 per sqft
1 Feb 2023RentedRenewal
AED 90,000/yr12 months · AED 51 per sqft
1 Feb 2022RentedNew contract
AED 70,000/yr12 months · AED 40 per sqft
1 Feb 2021RentedNew contract
AED 70,000/yr12 months · AED 40 per sqft
16 Dec 2017RentedNew contract
AED 107,000/yr12 months · AED 62 per sqft
20 Oct 2014Sold by developerReady
AED 1,463,427AED 843 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
3-bed apartment
Size
1,765 sqft
Floor
7th of 15
Parking
B-20
Developer
Wealthcare Investments
Completed
2008
Service charge
AED 31,000 /yr
Last sold
AED 1.26M · October 2023

About 701, The Zen Tower

701 is a three-bedroom apartment of 1,765 sqft on the 7th floor of The Zen Tower, a 15-storey tower in Dubai Marina completed in 2008 by Wealthcare Investments. It last sold on 3 October 2023 for AED 1,262,116, or AED 715 per sqft, 6% below the AED 764 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 August 2025, is AED 167,000 a year: a gross yield of 13.2% on the 2023 price, before the service charge of about AED 31,000 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical three-bed in The Zen Tower
1M1.5M2009201320172021Typical sale price by year: 2009 AED 1,450,000; 2010 AED 1,255,260; 2012 AED 1,300,000; 2013 AED 1,763,015; 2014 AED 1,463,427; 2021 AED 1,000,000; 2022 AED 1,200,000; 2023 AED 1,550,000Sold by developer, October 2014: AED 1,463,427 (AED 843 per sqft)Sold, October 2023: AED 1,262,116 (AED 715 per sqft)

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

Rents
Unit 701, each contractTypical three-bed in The Zen Tower
100K150K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 110,000; 2014 AED 132,000; 2015 AED 126,500; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 117,000; 2020 AED 78,000; 2021 AED 75,000; 2022 AED 89,000; 2023 AED 107,500; 2024 AED 130,600; 2025 AED 148,700New contract, June 2013: AED 110,000 a yearNew contract, June 2013: AED 110,000 a yearNew contract, December 2017: AED 107,000 a yearNew contract, February 2021: AED 70,000 a yearNew contract, February 2022: AED 70,000 a yearRenewal, February 2023: AED 90,000 a yearNew contract, May 2024: AED 180,000 a yearNew contract, August 2025: AED 167,000 a year

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

3-beds in The Zen Tower, and where 701 sits

All 22 3-beds →

701 last sold in October 2023 at AED 715 per sqft, 6% below what three-beds in The Zen Tower were fetching at the time (AED 764). Over the last 12 months three-beds sold for AED 1,550,000, around AED 878 per sqft, and rent for AED 50,000 to 155,000 a year. 701's AED 167,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Dec 20241,402,000
29 Aug 20241,550,000
17 Oct 20231,600,000
7 Feb 20231,550,000
1 3-bed sale 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 7th floor

All 67 units in The Zen Tower
Value
7023-bedAED 1.1M · Jul 2021
7032-bedAED 1.2M · Feb 2024
7042-bedAED 1.15M · Aug 2024
7051-bedAED 1.2M · Dec 2023

701, The Zen Tower in numbers

  • Sold twice: first on 20 October 2014 for AED 1,463,427, last on 3 October 2023 for AED 1,262,116 (AED 715 per sqft).
  • Rented since June 2013 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2022 and recovered to AED 167,000 by August 2025.
  • At AED 167,000 a year the gross yield on the 2023 price is 13.2%, before a service charge of about AED 31,000 a year (AED 17.56 per sqft).
  • Three-beds in The Zen Tower sold for AED 1,550,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 946 per sqft.

Source: Dubai Land Department. Updated 1 August 2025.

Questions about 701, The Zen Tower

What did unit 701 last sell for?

AED 1,262,116 on 3 October 2023: AED 715 per sqft for 1,765 sqft. The unit has 2 registered sales; the first was AED 1,463,427 in October 2014.

What is the rent for unit 701?

AED 167,000 a year on the contract signed on 1 August 2025. The previous contract, from May 2024, was AED 180,000; the unit has been rented since June 2013.

How big is unit 701?

1,765 sqft (164.0 sqm): a three-bedroom apartment on the 7th floor of a 15-storey tower completed in 2008.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Zen Tower sold for AED 1,550,000 to 1,550,000 in the last 12 months, around AED 878 per sqft.

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Mortgage on 701, The Zen Tower

Starts from the last sale price (AED 1.26M, 3 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,262,116
Deposit, UAE resident (20%)
AED 252,423
Deposit, non-resident (40%)
AED 504,846
Monthly over 25 years at 3.7%
AED 5,164

Plus AED 58,019 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →