2-bed · 1,338 sqftZaafaran 1, The Old Town · 1st floor · completed 2006

108, Zaafaran 1

Sold prices and rental history: sold 3 times, last in May 2014, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 6 August 2020
Last soldAED 2.8M29 May 2014
Current rentAED 90K /yr6 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Zaafaran 1

What is 108 worth today?

Last sold for AED 2,800,000 in 2014

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6 Aug 2020RentedNew contract
AED 90,000/yr12 months · AED 67 per sqft
29 May 2014SoldReady
AED 2,800,000AED 2,092 per sqft
25 Mar 2014RentedNew contract
AED 157,000/yr12 months · AED 118 per sqft
13 Mar 2013SoldReady
AED 2,170,000AED 1,621 per sqft
14 Dec 2010Sold by developerReady
AED 1,640,888AED 1,226 per sqft

Source: Dubai Land Department. Updated 6 August 2020.

Key facts

Type
2-bed apartment
Size
1,338 sqft
Floor
1st of 4
Parking
B-2550
Developer
Emaar
Completed
2006
Service charge
AED 29,400 /yr
Last sold
AED 2.8M · May 2014
Building
Zaafaran 1

About 108, Zaafaran 1

108 is a two-bedroom apartment of 1,338 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 29 May 2014 for AED 2,800,000, or AED 2,092 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 6 August 2020, is AED 90,000 a year: a gross yield of 3.2% on the 2014 price, before the service charge of about AED 29,400 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical two-bed in Zaafaran 1
2M3M20092013201720212025Typical sale price by year: 2009 AED 1,518,444; 2010 AED 1,660,888; 2012 AED 1,698,888; 2023 AED 2,625,000; 2024 AED 3,200,000Sold by developer, December 2010: AED 1,640,888 (AED 1,226 per sqft)Sold, March 2013: AED 2,170,000 (AED 1,621 per sqft)Sold, May 2014: AED 2,800,000 (AED 2,092 per sqft)

108 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 108, each contractTypical two-bed in Zaafaran 1
100K150K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 158,500; 2015 AED 165,000; 2016 AED 167,500; 2017 AED 162,500; 2018 AED 145,000; 2019 AED 137,500; 2020 AED 105,000; 2021 AED 130,000; 2022 AED 143,000; 2023 AED 155,000; 2024 AED 176,000; 2025 AED 177,500; 2026 AED 176,500New contract, March 2014: AED 157,000 a yearNew contract, August 2020: AED 90,000 a year

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 108 sits

All 18 2-beds →

108's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jul 20253,400,000
5 Dec 20243,200,000
8 May 20242,550,000
22 Feb 20243,700,000
0 2-bed sales 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
1061-bedAED 2.55M · Nov 2024
1071-bedAED 2.4M · Jun 2026
1–7 of 10

108, Zaafaran 1 in numbers

  • Sold 3 times: first on 14 December 2010 for AED 1,640,888, last on 29 May 2014 for AED 2,800,000 (AED 2,092 per sqft).
  • Rented since March 2014 on 2 Ejari contracts, from AED 157,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2014 price is 3.2%, before a service charge of about AED 29,400 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 6 August 2020.

Questions about 108, Zaafaran 1

What did unit 108 last sell for?

AED 2,800,000 on 29 May 2014: AED 2,092 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,640,888 in December 2010.

What is the rent for unit 108?

AED 90,000 a year on the contract signed on 6 August 2020. The previous contract, from March 2014, was AED 157,000.

How big is unit 108?

1,338 sqft (124.3 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2006.

What is unit 108 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 108, Zaafaran 1

Starts from the last sale price (AED 2.8M, 29 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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