208, Zaafaran 1
Sold prices and rental history: sold 5 times, last in May 2024, 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 208, Zaafaran 1
What is 208 worth today?
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Source: Dubai Land Department. Updated 8 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,338 sqft
- Floor
- 2nd of 4
- Parking
- B-2668
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 29,400 /yr
- Last sold
- AED 2.55M · May 2024
- Building
- Zaafaran 1
About 208, Zaafaran 1
208 is a two-bedroom apartment of 1,338 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 8 May 2024 for AED 2,550,000, or AED 1,905 per sqft, in line with the AED 1,905 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 15 September 2020, is AED 95,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 29,400 a year.
Sales and rents for 208 over time
208 has sold 5 times; 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 208 sits
All 18 2-beds →208 last sold in May 2024 at AED 1,905 per sqft, in line with what two-beds in Zaafaran 1 were fetching at the time (AED 1,905). 208's AED 95,000 is at the bottom 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 | ||
| 22 Feb 202422 February 2024 | 2,394 sqft | 3,700,000 | 1,545 | ||
| 24 Nov 202324 November 2023 | 1,335 sqft | 2,625,000 | 1,966 |
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 | |
| 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 | |
| 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 |
208, Zaafaran 1 in numbers
- Sold 5 times: first on 28 January 2009 for AED 1,650,888, last on 8 May 2024 for AED 2,550,000 (AED 1,905 per sqft).
- Rented since September 2014 on 5 Ejari contracts, from AED 165,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 29,400 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 8 May 2024.
Questions about 208, Zaafaran 1
What did unit 208 last sell for?
AED 2,550,000 on 8 May 2024: AED 1,905 per sqft for 1,338 sqft. The unit has 5 registered sales; the first was AED 1,650,888 in January 2009.
What is the rent for unit 208?
AED 95,000 a year on the contract signed on 15 September 2020. The previous contract, from February 2019, was AED 145,000; the unit has been rented since September 2014.
How big is unit 208?
1,338 sqft (124.3 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2006.
What is unit 208 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 208, Zaafaran 1
Starts from the last sale price (AED 2.55M, 8 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,550,000
- Deposit, UAE resident (20%)
- AED 510,000
- Deposit, non-resident (40%)
- AED 1,020,000
- Monthly over 25 years at 3.7%
- AED 10,433
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →