203, Zaafaran 1
Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Zaafaran 1
What is 203 worth today?
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Source: Dubai Land Department. Updated 24 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,335 sqft
- Floor
- 2nd of 4
- Parking
- B-2719
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 29,300 /yr
- Last sold
- AED 2.63M · November 2023
- Building
- Zaafaran 1
About 203, Zaafaran 1
203 is a two-bedroom apartment of 1,335 sqft on the 2nd floor of Zaafaran 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 24 November 2023 for AED 2,625,000, or AED 1,966 per sqft, in line with the AED 1,950 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 6 September 2023, is AED 145,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 29,300 a year.
Sales and rents for 203 over time
203 has sold twice; 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 203 sits
All 18 2-beds →203 last sold in November 2023 at AED 1,966 per sqft, in line with what two-beds in Zaafaran 1 were fetching at the time (AED 1,950). 203's AED 145,000 is in the lower 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 | ||
| 22 Feb 202422 February 2024 | 2,394 sqft | 3,700,000 | 1,545 |
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 2nd floor
All 45 units in Zaafaran 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 785 sqft | AED 1.79MAED 1,785,000 · Dec 2024December 2024 | 100,800 /yr | |
| 202 | 1-bed | 808 sqft | AED 983KAED 982,888 · Jul 2010July 2010 | 112,000 /yr | |
| 204 | 2-bed | 1,410 sqft | AED 1.69MAED 1,692,000 · Jul 2012July 2012 | 140,798 /yr | |
| 205 | 3-bed | 1,887 sqft | AED 1.35MAED 1,351,444 · Aug 2009August 2009 | 265,000 /yr | |
| 206 | 1-bed | 1,231 sqft | AED 1.6MAED 1,600,000 · Jan 2019January 2019 | 80,000 /yr | |
| 207 | 1-bed | 1,014 sqft | AED 1.69MAED 1,690,000 · Mar 2018March 2018 | 119,678 /yr | |
| 208 | 2-bed | 1,338 sqft | AED 2.55MAED 2,550,000 · May 2024May 2024 | 95,000 /yr | |
| 209 | 3-bed | 2,155 sqft | AED 3.11MAED 3,106,888 · Aug 2009August 2009 | 220,000 /yr | |
| 210 | 2-bed | 1,282 sqft | AED 1.43MAED 1,428,000 · Sep 2009September 2009 | 132,000 /yr | |
| 211 | 1-bed | 946 sqft | AED 2.3MAED 2,300,000 · Sep 2010September 2010 | 105,000 /yr |
203, Zaafaran 1 in numbers
- Sold twice: first on 13 September 2010 for AED 1,608,888, last on 24 November 2023 for AED 2,625,000 (AED 1,966 per sqft).
- Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 180,000 to AED 130,000 in 2021 and recovered to AED 145,000 by September 2023.
- At AED 145,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 29,300 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 24 November 2023.
Questions about 203, Zaafaran 1
What did unit 203 last sell for?
AED 2,625,000 on 24 November 2023: AED 1,966 per sqft for 1,335 sqft. The unit has 2 registered sales; the first was AED 1,608,888 in September 2010.
What is the rent for unit 203?
AED 145,000 a year on the contract renewed on 6 September 2023. The previous contract, from September 2022, was AED 145,000; the unit has been rented since November 2014.
How big is unit 203?
1,335 sqft (124.0 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2006.
What is unit 203 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 203, Zaafaran 1
Starts from the last sale price (AED 2.63M, 24 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,625,000
- Deposit, UAE resident (20%)
- AED 525,000
- Deposit, non-resident (40%)
- AED 1,050,000
- Monthly over 25 years at 3.7%
- AED 10,740
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →