3-bed · 2,155 sqftZaafaran 1, The Old Town · 1st floor · completed 2006

109, Zaafaran 1

Sold prices and rental history: sold twice, last in November 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 109 · DLD and Ejari recordsUpdated 7 May 2015

Last soldAED 4.55M24 November 2013

Current rentAED 275K /yr7 May 2015

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 109, Zaafaran 1

Today

What is 109 worth today?

Last sold for AED 4,550,000 in 2013

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7 May 2015

7 May 2015RentedNew contract

AED 274,613/yr10 months · AED 128 per sqft

7 May 2014

7 May 2014RentedNew contract

AED 275,000/yr12 months · AED 128 per sqft

1 Feb 2014

1 Feb 2014RentedNew contract

AED 212,500/yr12 months · AED 99 per sqft

24 Nov 2013

24 Nov 2013SoldReady

AED 4,550,000AED 2,111 per sqft

1 Apr 2013

1 Apr 2013RentedNew contract

AED 193,000/yr12 months · AED 90 per sqft

2 May 2010

2 May 2010Sold by developerReady

AED 3,072,888AED 1,425 per sqft

Source: Dubai Land Department. Updated 7 May 2015.

Key facts

Type: 3-bed apartment
Size: 2,155 sqft
Floor: 1st of 4
Parking: B-2656-2657
Developer: Emaar
Completed: 2006
Service charge: AED 47,300 /yr
Last sold: AED 4.55M · November 2013
Building: Zaafaran 1

About 109, Zaafaran 1

109 is a three-bedroom apartment of 2,155 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 24 November 2013 for AED 4,550,000, or AED 2,111 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 7 May 2015, is AED 274,613 a year: a gross yield of 6.0% on the 2013 price, before the service charge of about AED 47,300 a year.

Sales and rents for 109 over time

Sales

Unit 109, each saleTypical three-bed in Zaafaran 1

109 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents

Unit 109, each contractTypical three-bed in Zaafaran 1

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

3-beds in Zaafaran 1, and where 109 sits

All 8 3-beds →

Zaafaran 1 · all types2,366 /sqft

Recent 3-bed sales	Size	Price (AED)	Per sqft
25 May 202325 May 2023	1,887 sqft	3,800,000	2,013
4 Jul 20224 July 2022	2,155 sqft	6,100,000	2,830
20 Mar 201620 March 2016	2,155 sqft	4,300,000	1,995
13 Jun 201313 June 2013	1,887 sqft	3,775,000	2,000

0 3-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


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
104	2-bed	2,394 sqft	AED 3.7MAED 3,700,000 · Feb 2024February 2024	170,000 /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
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

1–7 of 10

109, Zaafaran 1 in numbers

Sold twice: first on 2 May 2010 for AED 3,072,888, last on 24 November 2013 for AED 4,550,000 (AED 2,111 per sqft).
Rented since April 2013 on 4 Ejari contracts, from AED 193,000 to AED 274,613 a year.
At AED 274,613 a year the gross yield on the 2013 price is 6.0%, before a service charge of about AED 47,300 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 7 May 2015.

Questions about 109, Zaafaran 1

What did unit 109 last sell for?

AED 4,550,000 on 24 November 2013: AED 2,111 per sqft for 2,155 sqft. The unit has 2 registered sales; the first was AED 3,072,888 in May 2010.

What is the rent for unit 109?

AED 274,613 a year on the contract signed on 7 May 2015. The previous contract, from May 2014, was AED 275,000; the unit has been rented since April 2013.

How big is unit 109?

2,155 sqft (200.2 sqm): a three-bedroom apartment on the 1st floor of a 4-storey tower completed in 2006.

What is unit 109 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 109, Zaafaran 1

Starts from the last sale price (AED 4.55M, 24 November 2013). Switch to today's estimate once you have unlocked it.

Price: AED 4,550,000
Deposit, UAE resident (20%): AED 910,000
Deposit, non-resident (40%): AED 1,820,000
Monthly over 25 years at 3.7%: AED 18,615

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