1-bed · 1,500 sqftOne Zaabeel The Residences, Zaabeel First · 40th floor · completed 2023

40-06, One Zaabeel The Residences

Sold prices and rental history: sold once, by the developer in January 2024, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40-06 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 6.65M15 January 2024
Current rentAED 525K /yr12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40-06, One Zaabeel The Residences

What is 40-06 worth today?

Last sold for AED 6,650,000 in 2024

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12 Dec 2024RentedNew contract · flagged as an outlier
AED 525,000/yr12 months · AED 351 per sqft
15 Jan 2024Sold by developerReady
AED 6,650,000AED 4,432 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2024.

Key facts

Type
1-bed apartment
Size
1,500 sqft
Floor
40th of 58
Parking
B3-230
Developer
One Zaabeel
Completed
2023
Last sold
AED 6.65M · January 2024

About 40-06, One Zaabeel The Residences

40-06 is a one-bedroom apartment of 1,500 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 15 January 2024 for AED 6,650,000, or AED 4,432 per sqft, 16% above the AED 3,832 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 December 2024. The current contract, signed on 12 December 2024, is AED 525,000 a year: a gross yield of 7.9% on the 2024 price.

Sales and rents for 40-06 over time

Sales
Unit 40-06, each saleTypical one-bed in One Zaabeel The Residences
5M6M7M20222023202420252026Typical sale price by year: 2022 AED 5,136,300; 2023 AED 4,540,500; 2024 AED 4,950,000; 2025 AED 4,975,000Sold by developer, January 2024: AED 6,650,000 (AED 4,432 per sqft)

40-06 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 40-06, each contractTypical one-bed in One Zaabeel The Residences
300K350K202420252026Typical rent by year: 2024 AED 310,000; 2025 AED 310,000

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

1-beds in One Zaabeel The Residences, and where 40-06 sits

All 56 1-beds →

40-06 last sold in January 2024 at AED 4,432 per sqft, 16% above what one-beds in One Zaabeel The Residences were fetching at the time (AED 3,832). Over the last 12 months one-beds sold for AED 6,800,000 to 7,200,000, around AED 4,669 per sqft, and rent for AED 280,000 to 340,000 a year. 40-06's AED 525,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jan 20267,200,000
19 Dec 20256,800,000
17 Feb 20254,580,000
11 Feb 20255,200,000
2 1-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 40th floor

All 257 units in One Zaabeel The Residences
Value
40-012-bedAED 8.85M · Sep 2022
40-022-bedAED 9.9M · Jan 2023
40-032-bedAED 9.23M · Sep 2022
40-043-bedAED 22.5M · Jun 2024
40-052-bedAED 11.3M · Sep 2022
40-072-bedAED 4.74M · Jun 2024
40-082-bedAED 7.98M · Sep 2022
1–7 of 8

40-06, One Zaabeel The Residences in numbers

  • Sold once: by One Zaabeel on 15 January 2024 for AED 6,650,000, or AED 4,432 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 525,000 a year.
  • At AED 525,000 a year the gross yield on the 2024 price is 7.9%.
  • One-beds in One Zaabeel The Residences sold for AED 6,800,000–7,200,000 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 12 December 2024.

Questions about 40-06, One Zaabeel The Residences

What did unit 40-06 last sell for?

AED 6,650,000 on 15 January 2024, sold by the developer: AED 4,432 per sqft for 1,500 sqft. It is the only registered sale of the unit.

What is the rent for unit 40-06?

AED 525,000 a year on the contract signed on 12 December 2024.

How big is unit 40-06?

1,500 sqft (139.4 sqm): a one-bedroom apartment on the 40th floor of a 58-storey tower completed in 2023.

What is unit 40-06 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in One Zaabeel The Residences sold for AED 6,800,000 to 7,200,000 in the last 12 months, around AED 4,669 per sqft.

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Mortgage on 40-06, One Zaabeel The Residences

Starts from the last sale price (AED 6.65M, 15 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,650,000
Deposit, UAE resident (20%)
AED 1,330,000
Deposit, non-resident (40%)
AED 2,660,000
Monthly over 25 years at 3.7%
AED 27,207

Plus AED 284,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →