104, Zaafaran 1
Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 104, Zaafaran 1
What is 104 worth today?
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Source: Dubai Land Department. Updated 22 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,394 sqft
- Floor
- 1st of 4
- Parking
- B-2551
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 52,500 /yr
- Last sold
- AED 3.7M · February 2024
- Building
- Zaafaran 1
About 104, Zaafaran 1
104 is a two-bedroom apartment of 2,394 sqft on the 1st floor of Zaafaran 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 22 February 2024 for AED 3,700,000, or AED 1,545 per sqft, 21% below the AED 1,950 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 20 August 2023, is AED 170,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 52,500 a year.
Sales and rents for 104 over time
104 has sold 3 times; 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 Zaafaran 1, and where 104 sits
All 18 2-beds →104 last sold in February 2024 at AED 1,545 per sqft, 21% below what two-beds in Zaafaran 1 were fetching at the time (AED 1,950). 104's AED 170,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202522 July 2025 | 1,632 sqft | 3,400,000 | 2,083 | ||
| 5 Dec 20245 December 2024 | 1,335 sqft | 3,200,000 | 2,396 | ||
| 8 May 20248 May 2024 | 1,338 sqft | 2,550,000 | 1,905 | ||
| 24 Nov 202324 November 2023 | 1,335 sqft | 2,625,000 | 1,966 |
Zaafaran 1
Building45 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%
Other units on the 1st floor
All 45 units in Zaafaran 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,106 sqft | AED 498KAED 497,944 · Aug 2009August 2009 | 111,927 /yr | |
| 102 | 1-bed | 805 sqft | AED 486KAED 486,444 · Nov 2009November 2009 | 90,000 /yr | |
| 103 | 2-bed | 1,335 sqft | AED 3.2MAED 3,200,000 · Dec 2024December 2024 | 177,000 /yr | |
| 105 | 3-bed | 1,887 sqft | AED 3.8MAED 3,800,000 · May 2023May 2023 | 200,000 /yr | |
| 106 | 1-bed | 1,231 sqft | AED 2.55MAED 2,550,000 · Nov 2024November 2024 | 125,000 /yr | |
| 107 | 1-bed | 1,014 sqft | AED 2.4MAED 2,400,000 · Jun 2026June 2026 | 130,000 /yr | |
| 108 | 2-bed | 1,338 sqft | AED 2.8MAED 2,800,000 · May 2014May 2014 | 90,000 /yr | |
| 109 | 3-bed | 2,155 sqft | AED 4.55MAED 4,550,000 · Nov 2013November 2013 | 274,613 /yr | |
| 110 | 2-bed | 1,282 sqft | AED 2.5MAED 2,500,000 · Mar 2023March 2023 | 180,000 /yr | |
| 111 | 1-bed | 946 sqft | AED 1.7MAED 1,700,000 · Oct 2017October 2017 | 115,000 /yr |
104, Zaafaran 1 in numbers
- Sold 3 times: first on 12 February 2015 for AED 1,848,888, last on 22 February 2024 for AED 3,700,000 (AED 1,545 per sqft).
- Rented since July 2013 on 6 Ejari contracts, from AED 120,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 52,500 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 22 February 2024.
Questions about 104, Zaafaran 1
What did unit 104 last sell for?
AED 3,700,000 on 22 February 2024: AED 1,545 per sqft for 2,394 sqft. The unit has 3 registered sales; the first was AED 1,848,888 in February 2015.
What is the rent for unit 104?
AED 170,000 a year on the contract renewed on 20 August 2023. The previous contract, from August 2022, was AED 160,000; the unit has been rented since July 2013.
How big is unit 104?
2,394 sqft (222.4 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2006.
What is unit 104 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 104, Zaafaran 1
Starts from the last sale price (AED 3.7M, 22 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →