1-bed · 1,231 sqftZaafaran 1, The Old Town · 1st floor · completed 2006

106, Zaafaran 1

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 19 November 2024
Last soldAED 2.55M19 November 2024
Current rentAED 125K /yr13 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Zaafaran 1

What is 106 worth today?

Last sold for AED 2,550,000 in 2024

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19 Nov 2024SoldReady
AED 2,550,000AED 2,071 per sqft
6 Jul 2023SoldReady
AED 1,925,000AED 1,563 per sqft
13 Feb 2022RentedNew contract
AED 125,000/yr12 months · AED 102 per sqft
3 Jan 2021RentedNew contract
AED 95,000/yr12 months · AED 77 per sqft
6 Dec 2019RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
6 Dec 2018RentedNew contract
AED 105,000/yr12 months · AED 86 per sqft
22 Mar 2014RentedNew contract
AED 155,000/yr12 months · AED 126 per sqft
11 Mar 2014SoldReady
AED 2,250,000AED 1,827 per sqft

Source: Dubai Land Department. Updated 19 November 2024.

Key facts

Type
1-bed apartment
Size
1,231 sqft
Floor
1st of 4
Parking
B-2712
Developer
Emaar
Completed
2006
Service charge
AED 27,000 /yr
Last sold
AED 2.55M · November 2024
Building
Zaafaran 1

About 106, Zaafaran 1

106 is a one-bedroom apartment of 1,231 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 19 November 2024 for AED 2,550,000, or AED 2,071 per sqft.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 13 February 2022, is AED 125,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 27,000 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in Zaafaran 1
1M2M2009201420192024Typical 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, January 2011: AED 2,119,888 (AED 1,722 per sqft)Sold, March 2014: AED 2,250,000 (AED 1,827 per sqft)Sold, July 2023: AED 1,925,000 (AED 1,563 per sqft)Sold, November 2024: AED 2,550,000 (AED 2,071 per sqft)

106 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 106, each contractTypical one-bed in Zaafaran 1
100K150K2013201720212025Typical 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, March 2014: AED 155,000 a yearNew contract, December 2018: AED 105,000 a yearNew contract, December 2019: AED 110,000 a yearNew contract, January 2021: AED 95,000 a yearNew contract, February 2022: AED 125,000 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 106 sits

All 19 1-beds →

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. 106's AED 125,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 20262,400,000
11 Dec 20241,785,000
23 Jun 20231,890,000
31 Jan 20221,850,000
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
1011-bedAED 498K · Aug 2009
1021-bedAED 486K · Nov 2009
1032-bedAED 3.2M · Dec 2024
1042-bedAED 3.7M · Feb 2024
1053-bedAED 3.8M · May 2023
1071-bedAED 2.4M · Jun 2026
1082-bedAED 2.8M · May 2014
1–7 of 10

106, Zaafaran 1 in numbers

  • Sold 4 times: first on 23 January 2011 for AED 2,119,888, last on 19 November 2024 for AED 2,550,000 (AED 2,071 per sqft).
  • Rented since March 2014 on 5 Ejari contracts. The rent fell from AED 155,000 to AED 95,000 in 2021 and recovered to AED 125,000 by February 2022.
  • At AED 125,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 27,000 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 19 November 2024.

Questions about 106, Zaafaran 1

What did unit 106 last sell for?

AED 2,550,000 on 19 November 2024: AED 2,071 per sqft for 1,231 sqft. The unit has 4 registered sales; the first was AED 2,119,888 in January 2011.

What is the rent for unit 106?

AED 125,000 a year on the contract signed on 13 February 2022. The previous contract, from January 2021, was AED 95,000; the unit has been rented since March 2014.

How big is unit 106?

1,231 sqft (114.4 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2006.

What is unit 106 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 106, Zaafaran 1

Starts from the last sale price (AED 2.55M, 19 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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