1-bed · 1,014 sqftZaafaran 1, The Old Town · 2nd floor · completed 2006

207, Zaafaran 1

Sold prices and rental history: sold twice, last in March 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 22 March 2018
Last soldAED 1.69M22 March 2018
Current rentAED 120K /yr18 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Zaafaran 1

What is 207 worth today?

Last sold for AED 1,690,000 in 2018

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22 Mar 2018SoldReady
AED 1,690,000AED 1,666 per sqft
18 Jan 2016RentedRenewal
AED 119,678/yr12 months · AED 118 per sqft
18 Jan 2015RentedNew contract
AED 125,000/yr12 months · AED 124 per sqft
23 May 2011Sold by developerReady
AED 1,280,888AED 1,263 per sqft

Source: Dubai Land Department. Updated 22 March 2018.

Key facts

Type
1-bed apartment
Size
1,014 sqft
Floor
2nd of 4
Parking
B-2718
Developer
Emaar
Completed
2006
Service charge
AED 22,200 /yr
Last sold
AED 1.69M · March 2018
Building
Zaafaran 1

About 207, Zaafaran 1

207 is a one-bedroom apartment of 1,014 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 22 March 2018 for AED 1,690,000, or AED 1,666 per sqft.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 18 January 2016, is AED 119,678 a year: a gross yield of 7.1% on the 2018 price, before the service charge of about AED 22,200 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical one-bed in Zaafaran 1
1M2M2009201220152018Typical 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, May 2011: AED 1,280,888 (AED 1,263 per sqft)Sold, March 2018: AED 1,690,000 (AED 1,666 per sqft)

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

Rents
Unit 207, each contractTypical one-bed in Zaafaran 1
75K100K125K2013201720212025Typical 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, January 2015: AED 125,000 a yearRenewal, January 2016: AED 119,678 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 207 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. 207's AED 119,678 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 20262,400,000
11 Dec 20241,785,000
19 Nov 20242,550,000
6 Jul 20231,925,000
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 2nd floor

All 45 units in Zaafaran 1
Value
2011-bedAED 1.79M · Dec 2024
2021-bedAED 983K · Jul 2010
2032-bedAED 2.63M · Nov 2023
2042-bedAED 1.69M · Jul 2012
2053-bedAED 1.35M · Aug 2009
2061-bedAED 1.6M · Jan 2019
2082-bedAED 2.55M · May 2024
1–7 of 10

207, Zaafaran 1 in numbers

  • Sold twice: first on 23 May 2011 for AED 1,280,888, last on 22 March 2018 for AED 1,690,000 (AED 1,666 per sqft).
  • Rented since January 2015 on 2 Ejari contracts, from AED 125,000 to AED 119,678 a year.
  • At AED 119,678 a year the gross yield on the 2018 price is 7.1%, before a service charge of about AED 22,200 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 22 March 2018.

Questions about 207, Zaafaran 1

What did unit 207 last sell for?

AED 1,690,000 on 22 March 2018: AED 1,666 per sqft for 1,014 sqft. The unit has 2 registered sales; the first was AED 1,280,888 in May 2011.

What is the rent for unit 207?

AED 119,678 a year on the contract renewed on 18 January 2016. The previous contract, from January 2015, was AED 125,000.

How big is unit 207?

1,014 sqft (94.2 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2006.

What is unit 207 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 207, Zaafaran 1

Starts from the last sale price (AED 1.69M, 22 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,690,000
Deposit, UAE resident (20%)
AED 338,000
Deposit, non-resident (40%)
AED 676,000
Monthly over 25 years at 3.7%
AED 6,914

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