1-bed · 1,106 sqftZaafaran 1, The Old Town · 1st floor · completed 2006

101, Zaafaran 1

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 13 December 2024
Last soldAED 498K18 August 2009
Current rentAED 112K /yr13 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Zaafaran 1

What is 101 worth today?

Last sold for AED 497,944 in 2009

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13 Dec 2024RentedRenewal
AED 111,927/yr3 months · AED 101 per sqft
13 Dec 2023RentedRenewal
AED 94,000/yr12 months · AED 85 per sqft
13 Dec 2022RentedRenewal
AED 84,000/yr12 months · AED 76 per sqft
13 Dec 2021RentedRenewal
AED 70,000/yr12 months · AED 63 per sqft
13 Dec 2020RentedNew contract
AED 70,000/yr12 months · AED 63 per sqft
11 Dec 2019RentedNew contract
AED 82,000/yr12 months · AED 74 per sqft
1 Nov 2018RentedRenewal
AED 100,000/yr12 months · AED 90 per sqft
1 Nov 2017RentedRenewal
AED 110,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 13 December 2024.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
1st of 4
Parking
B-2710
Developer
Emaar
Completed
2006
Service charge
AED 24,300 /yr
Last sold
AED 498K · August 2009
Building
Zaafaran 1

About 101, Zaafaran 1

101 is a one-bedroom apartment of 1,106 sqft on the 1st floor of Zaafaran 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 18 August 2009 for AED 497,944, or AED 450 per sqft, 63% below the AED 1,228 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 13 December 2024, is AED 111,927 a year: a gross yield of 22.5% on the 2009 price, before the service charge of about AED 24,300 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical one-bed in Zaafaran 1
1M2M2009201120132015Typical sale price by year: 2009 AED 745,416; 2010 AED 1,530,888; 2011 AED 1,327,888; 2014 AED 2,075,000Sold by developer, August 2009: AED 497,944 (AED 450 per sqft)

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

Rents
Unit 101, each contractTypical one-bed in Zaafaran 1
75K100K125K2013201720212025Typical rent by year: 2013 AED 93,500; 2014 AED 118,000; 2015 AED 125,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 107,500; 2019 AED 85,000; 2020 AED 77,000; 2021 AED 80,850; 2022 AED 83,000; 2023 AED 105,000; 2024 AED 108,464; 2025 AED 120,750; 2026 AED 115,000New contract, October 2014: AED 115,000 a yearNew contract, November 2015: AED 125,000 a yearRenewal, November 2016: AED 120,000 a yearRenewal, November 2017: AED 110,000 a yearRenewal, November 2018: AED 100,000 a yearNew contract, December 2019: AED 82,000 a yearNew contract, December 2020: AED 70,000 a yearRenewal, December 2021: AED 70,000 a yearRenewal, December 2022: AED 84,000 a yearRenewal, December 2023: AED 94,000 a yearRenewal, December 2024: AED 111,927 a year

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

1-beds in Zaafaran 1, and where 101 sits

All 19 1-beds →

101 last sold in August 2009 at AED 450 per sqft, 63% below what one-beds in Zaafaran 1 were fetching at the time (AED 1,228). Over the last 12 months one-beds sold for AED 2,400,000, around AED 2,366 per sqft, and rent for AED 100,800 to 120,750 a year. 101's AED 111,927 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 20262,400,000
11 Dec 20241,785,000
19 Nov 20242,550,000
6 Jul 20231,925,000
1 1-bed sale in the last 12 months

Zaafaran 1

Building

45 apartments, 1-bed to 3-bed over 4 floors in The Old Town, completed in 2006 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 2,366
Typical sale
AED 2.4M
Typical rent
AED 132K /yr
Typical yield
5.8%
Zaafaran 1, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 45 units in Zaafaran 1
Value
1021-bedAED 486K · Nov 2009
1032-bedAED 3.2M · Dec 2024
1042-bedAED 3.7M · Feb 2024
1053-bedAED 3.8M · May 2023
1061-bedAED 2.55M · Nov 2024
1071-bedAED 2.4M · Jun 2026
1082-bedAED 2.8M · May 2014
1–7 of 10

101, Zaafaran 1 in numbers

  • Sold once: by Emaar on 18 August 2009 for AED 497,944, or AED 450 per sqft.
  • Rented since October 2014 on 11 Ejari contracts. The rent fell from AED 115,000 to AED 70,000 in 2021 and recovered to AED 111,927 by December 2024.
  • At AED 111,927 a year the gross yield on the 2009 price is 22.5%, before a service charge of about AED 24,300 a year (AED 21.94 per sqft).
  • One-beds in Zaafaran 1 sold for AED 2,400,000–2,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,366 per sqft.

Source: Dubai Land Department. Updated 13 December 2024.

Questions about 101, Zaafaran 1

What did unit 101 last sell for?

AED 497,944 on 18 August 2009, sold by the developer: AED 450 per sqft for 1,106 sqft. It is the only registered sale of the unit.

What is the rent for unit 101?

AED 111,927 a year on the contract renewed on 13 December 2024. The previous contract, from December 2023, was AED 94,000; the unit has been rented since October 2014.

How big is unit 101?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2006.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Zaafaran 1 sold for AED 2,400,000 to 2,400,000 in the last 12 months, around AED 2,366 per sqft.

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Mortgage on 101, Zaafaran 1

Starts from the last sale price (AED 498K, 18 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 497,944
Deposit, UAE resident (20%)
AED 99,589
Deposit, non-resident (40%)
AED 199,178
Monthly over 25 years at 3.7%
AED 2,037

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →