40-03, One Zaabeel The Residences
Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 40-03, One Zaabeel The Residences
What is 40-03 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,393 sqft
- Floor
- 40th of 58
- Parking
- 2
- Developer
- One Zaabeel
- Completed
- 2023
- Last sold
- AED 9.23M · September 2022
- Building
- One Zaabeel The Residences
About 40-03, One Zaabeel The Residences
40-03 is a two-bedroom apartment of 2,393 sqft on the 40th floor of One Zaabeel The Residences, a 58-storey tower in Zaabeel First completed in 2023 by One Zaabeel. The developer sold it on 22 September 2022 for AED 9,229,000, or AED 3,856 per sqft, 4% above the AED 3,724 two-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 2 February 2026, is AED 600,000 a year: a gross yield of 6.5% on the 2022 price.
Sales and rents for 40-03 over time
40-03 has sold once; the dashed line is the two-bed median of each year in the building.
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 40-03 sits
All 156 2-beds →40-03 last sold in September 2022 at AED 3,856 per sqft, 4% above what two-beds in One Zaabeel The Residences were fetching at the time (AED 3,724). 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. 40-03's AED 600,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 2,016 sqft | 11,500,000 | 5,703 | ||
| 13 Feb 202613 February 2026 | 3,011 sqft | 13,000,000 | 4,318 | ||
| 30 Jan 202630 January 2026 | 2,015 sqft | 8,350,000 | 4,143 | ||
| 29 Dec 202529 December 2025 | 2,474 sqft | 9,914,000 | 4,007 |
One Zaabeel The Residences
Building257 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%
Other units on the 40th floor
All 257 units in One Zaabeel The Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 40-01 | 2-bed | 2,466 sqft | AED 8.85MAED 8,853,000 · Sep 2022September 2022 | 740,000 /yr | |
| 40-02 | 2-bed | 2,566 sqft | AED 9.9MAED 9,896,000 · Jan 2023January 2023 | ||
| 40-04 | 3-bed | 3,788 sqft | AED 22.5MAED 22,500,000 · Jun 2024June 2024 | ||
| 40-05 | 2-bed | 3,023 sqft | AED 11.3MAED 11,301,000 · Sep 2022September 2022 | ||
| 40-06 | 1-bed | 1,500 sqft | AED 6.65MAED 6,650,000 · Jan 2024January 2024 | 525,000 /yr | |
| 40-07 | 2-bed | 1,191 sqft | AED 4.74MAED 4,742,100 · Jun 2024June 2024 | 1,100,000 /yr | |
| 40-08 | 2-bed | 1,999 sqft | AED 7.98MAED 7,984,000 · Sep 2022September 2022 | ||
| 40-09 | 2-bed | 2,489 sqft | AED 10.65MAED 10,650,000 · Jun 2023June 2023 |
40-03, One Zaabeel The Residences in numbers
- Sold once: by One Zaabeel on 22 September 2022 for AED 9,229,000, or AED 3,856 per sqft.
- Rented since March 2025 on 3 Ejari contracts, at AED 600,000 a year.
- At AED 600,000 a year the gross yield on the 2022 price is 6.5%.
- 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 2 February 2026.
Questions about 40-03, One Zaabeel The Residences
What did unit 40-03 last sell for?
AED 9,229,000 on 22 September 2022, sold by the developer: AED 3,856 per sqft for 2,393 sqft. It is the only registered sale of the unit.
What is the rent for unit 40-03?
AED 600,000 a year on the contract signed on 2 February 2026. The previous contract, from October 2025, was AED 598,391; the unit has been rented since March 2025.
How big is unit 40-03?
2,393 sqft (222.3 sqm): a two-bedroom apartment on the 40th floor of a 58-storey tower completed in 2023.
What is unit 40-03 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 40-03, One Zaabeel The Residences
Starts from the last sale price (AED 9.23M, 22 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 9,229,000
- Deposit, UAE resident (20%)
- AED 1,845,800
- Deposit, non-resident (40%)
- AED 3,691,600
- Monthly over 25 years at 3.7%
- AED 37,759
Plus AED 392,628 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →