205, Zaafaran 1
Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 205, Zaafaran 1
What is 205 worth today?
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Source: Dubai Land Department. Updated 12 April 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,887 sqft
- Floor
- 2nd of 4
- Parking
- B-2654-2655
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 41,400 /yr
- Last sold
- AED 1.35M · August 2009
- Building
- Zaafaran 1
About 205, Zaafaran 1
205 is a three-bedroom apartment of 1,887 sqft on the 2nd floor of Zaafaran 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 18 August 2009 for AED 1,351,444, or AED 716 per sqft, 49% below the AED 1,408 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 12 April 2023, is AED 265,000 a year: a gross yield of 19.6% on the 2009 price, before the service charge of about AED 41,400 a year.
Sales and rents for 205 over time
205 has sold once; the dashed line is the three-bed median of each year in the building.
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 205 sits
All 8 3-beds →205 last sold in August 2009 at AED 716 per sqft, 49% below what three-beds in Zaafaran 1 were fetching at the time (AED 1,408).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 24 Nov 201324 November 2013 | 2,155 sqft | 4,550,000 | 2,111 |
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 | |
| 203 | 2-bed | 1,335 sqft | AED 2.63MAED 2,625,000 · Nov 2023November 2023 | 145,000 /yr | |
| 204 | 2-bed | 1,410 sqft | AED 1.69MAED 1,692,000 · Jul 2012July 2012 | 140,798 /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 |
205, Zaafaran 1 in numbers
- Sold once: by Emaar on 18 August 2009 for AED 1,351,444, or AED 716 per sqft.
- Rented since February 2015 on 6 Ejari contracts. The rent fell from AED 245,000 to AED 150,000 in 2021 and recovered to AED 265,000 by April 2023.
- At AED 265,000 a year the gross yield on the 2009 price is 19.6%, before a service charge of about AED 41,400 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 12 April 2023.
Questions about 205, Zaafaran 1
What did unit 205 last sell for?
AED 1,351,444 on 18 August 2009, sold by the developer: AED 716 per sqft for 1,887 sqft. It is the only registered sale of the unit.
What is the rent for unit 205?
AED 265,000 a year on the contract signed on 12 April 2023. The previous contract, from July 2021, was AED 150,000; the unit has been rented since February 2015.
How big is unit 205?
1,887 sqft (175.3 sqm): a three-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2006.
What is unit 205 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 205, Zaafaran 1
Starts from the last sale price (AED 1.35M, 18 August 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,351,444
- Deposit, UAE resident (20%)
- AED 270,289
- Deposit, non-resident (40%)
- AED 540,578
- Monthly over 25 years at 3.7%
- AED 5,529
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →