1-bed · 946 sqftZaafaran 1, The Old Town · 2nd floor · completed 2006

211, Zaafaran 1

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 19 June 2023
Last soldAED 2.3M13 September 2010
Current rentAED 105K /yr19 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Zaafaran 1

What is 211 worth today?

Last sold for AED 2,300,000 in 2010

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19 Jun 2023RentedRenewal
AED 105,000/yr12 months · AED 111 per sqft
19 Jun 2022RentedNew contract
AED 100,000/yr12 months · AED 106 per sqft
15 Jun 2021RentedRenewal
AED 85,000/yr3 months · AED 90 per sqft
15 Jun 2020RentedRenewal
AED 85,000/yr12 months · AED 90 per sqft
15 Jun 2019RentedRenewal
AED 85,000/yr12 months · AED 90 per sqft
15 Jun 2018RentedNew contract
AED 110,000/yr12 months · AED 116 per sqft
15 Oct 2015RentedNew contract
AED 125,000/yr12 months · AED 132 per sqft
25 Apr 2014RentedNew contract
AED 99,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 19 June 2023.

Key facts

Type
1-bed apartment
Size
946 sqft
Floor
2nd of 4
Parking
B-2521
Developer
Emaar
Completed
2006
Service charge
AED 20,800 /yr
Last sold
AED 2.3M · September 2010
Building
Zaafaran 1

About 211, Zaafaran 1

211 is a one-bedroom apartment of 946 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 13 September 2010 for AED 2,300,000, or AED 2,431 per sqft, 89% above the AED 1,287 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 19 June 2023, is AED 105,000 a year: a gross yield of 4.6% on the 2010 price, before the service charge of about AED 20,800 a year.

Sales and rents for 211 over time

Sales
Unit 211, each saleTypical one-bed in Zaafaran 1
1M2M2009201120132015Typical 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, September 2010: AED 2,300,000 (AED 2,431 per sqft)

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

Rents
Unit 211, 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, April 2013: AED 90,000 a yearNew contract, April 2014: AED 99,000 a yearNew contract, October 2015: AED 125,000 a yearNew contract, June 2018: AED 110,000 a yearRenewal, June 2019: AED 85,000 a yearRenewal, June 2020: AED 85,000 a yearRenewal, June 2021: AED 85,000 a yearNew contract, June 2022: AED 100,000 a yearRenewal, June 2023: AED 105,000 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 211 sits

All 19 1-beds →

211 last sold in September 2010 at AED 2,431 per sqft, 89% above what one-beds in Zaafaran 1 were fetching at the time (AED 1,287). 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. 211's AED 105,000 is in the lower 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
2071-bedAED 1.69M · Mar 2018
1–7 of 10

211, Zaafaran 1 in numbers

  • Sold once: by Emaar on 13 September 2010 for AED 2,300,000, or AED 2,431 per sqft.
  • Rented since April 2013 on 9 Ejari contracts, from AED 90,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2010 price is 4.6%, before a service charge of about AED 20,800 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 19 June 2023.

Questions about 211, Zaafaran 1

What did unit 211 last sell for?

AED 2,300,000 on 13 September 2010, sold by the developer: AED 2,431 per sqft for 946 sqft. It is the only registered sale of the unit.

What is the rent for unit 211?

AED 105,000 a year on the contract renewed on 19 June 2023. The previous contract, from June 2022, was AED 100,000; the unit has been rented since April 2013.

How big is unit 211?

946 sqft (87.9 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2006.

What is unit 211 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 211, Zaafaran 1

Starts from the last sale price (AED 2.3M, 13 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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