2-bed · 3,023 sqftOne Zaabeel The Residences, Zaabeel First · 38th floor · completed 2023

38-05, One Zaabeel The Residences

Sold prices and rental history: sold twice, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 38-05 · DLD and Ejari recordsUpdated 13 June 2023
Last soldAED 12M13 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 38-05, One Zaabeel The Residences

What is 38-05 worth today?

Last sold for AED 12,000,000 in 2023

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13 Jun 2023SoldOff-plan
AED 12,000,000AED 3,970 per sqft
30 Aug 2022Sold by developerOff-plan
AED 10,900,928AED 3,606 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 June 2023.

Key facts

Type
2-bed apartment
Size
3,023 sqft
Floor
38th of 58
Parking
B3-112,B3-140
Developer
One Zaabeel
Completed
2023
Last sold
AED 12M · June 2023

About 38-05, One Zaabeel The Residences

38-05 is a two-bedroom apartment of 3,023 sqft on the 38th floor of One Zaabeel The Residences, a 58-storey tower in Zaabeel First completed in 2023 by One Zaabeel. It last sold on 13 June 2023 for AED 12,000,000, or AED 3,970 per sqft, 6% above the AED 3,730 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 38-05 over time

Sales
Unit 38-05, each saleTypical two-bed in One Zaabeel The Residences
7.5M10M12.5M202220242026Typical sale price by year: 2022 AED 8,786,000; 2023 AED 7,221,000; 2024 AED 9,325,000; 2025 AED 8,200,000; 2026 AED 11,500,000Sold by developer, August 2022: AED 10,900,928 (AED 3,606 per sqft)Sold, June 2023: AED 12,000,000 (AED 3,970 per sqft)

38-05 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 38-05, each contractTypical two-bed in One Zaabeel The Residences
500K600K2024202520262027Typical rent by year: 2024 AED 460,000; 2025 AED 512,500; 2026 AED 600,000

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

2-beds in One Zaabeel The Residences, and where 38-05 sits

All 156 2-beds →

38-05 last sold in June 2023 at AED 3,970 per sqft, 6% above what two-beds in One Zaabeel The Residences were fetching at the time (AED 3,730). Over the last 12 months two-beds sold for AED 7,300,000 to 13,000,000, around AED 4,143 per sqft, and rent for AED 425,000 to 750,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 202611,500,000
13 Feb 202613,000,000
30 Jan 20268,350,000
29 Dec 20259,914,000
7 2-bed sales in the last 12 months

One Zaabeel The Residences

Building

257 apartments, 1-bed to 4-bed over 58 floors in Zaabeel First, completed in 2023 by One Zaabeel. 9 sold in the last 12 months.

Typical price per sqft
AED 4,168
Typical sale
AED 8.35M
Typical rent
AED 500K /yr
Typical yield
6.3%
One Zaabeel The Residences, Zaabeel First: prices, sales and rents →

Other units on the 38th floor

All 257 units in One Zaabeel The Residences
Value
38-012-bedAED 8.71M · Sep 2022
38-022-bedAED 11.2M · Jul 2023
38-032-bedAED 9.06M · Oct 2022
38-043-bedAED 19.75M · Oct 2023
38-061-bedAED 5.82M · Jan 2023
38-072-bedAED 9.42M · Oct 2022
38-082-bedAED 7.85M · Aug 2022

38-05, One Zaabeel The Residences in numbers

  • Sold twice: first on 30 August 2022 for AED 10,900,928, last on 13 June 2023 for AED 12,000,000 (AED 3,970 per sqft).
  • Two-beds in One Zaabeel The Residences sold for AED 7,300,000–13,000,000 in the 12 months to November 2026; the building's median across all types is AED 4,168 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 13 June 2023.

Questions about 38-05, One Zaabeel The Residences

What did unit 38-05 last sell for?

AED 12,000,000 on 13 June 2023: AED 3,970 per sqft for 3,023 sqft. The unit has 2 registered sales; the first was AED 10,900,928 in August 2022.

How big is unit 38-05?

3,023 sqft (280.8 sqm): a two-bedroom apartment on the 38th floor of a 58-storey tower completed in 2023.

What is unit 38-05 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in One Zaabeel The Residences sold for AED 7,300,000 to 13,000,000 in the last 12 months, around AED 4,143 per sqft.

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Mortgage on 38-05, One Zaabeel The Residences

Starts from the last sale price (AED 12M, 13 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 12,000,000
Deposit, UAE resident (20%)
AED 2,400,000
Deposit, non-resident (40%)
AED 4,800,000
Monthly over 25 years at 3.7%
AED 49,096

Plus AED 509,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →