2-bed · 1,486 sqftZaafaran 1, The Old Town · 4th floor · completed 2006

401, Zaafaran 1

Sold prices and rental history: sold twice, last in January 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 1.9M29 January 2012
Current rentAED 190K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Zaafaran 1

What is 401 worth today?

Last sold for AED 1,900,000 in 2012

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15 Jan 2026RentedRenewal
AED 190,000/yr12 months · AED 128 per sqft
15 Jan 2025RentedRenewal
AED 190,000/yr12 months · AED 128 per sqft
15 Jan 2025RentedRenewal
AED 190,000/yr12 months · AED 128 per sqft
15 Jan 2024RentedNew contract
AED 190,000/yr12 months · AED 128 per sqft
1 Oct 2022RentedRenewal
AED 123,000/yr12 months · AED 83 per sqft
1 Oct 2021RentedRenewal
AED 105,000/yr12 months · AED 71 per sqft
1 Oct 2020RentedNew contract
AED 95,000/yr12 months · AED 64 per sqft
21 Feb 2020RentedRenewal
AED 109,145/yr6 months · AED 73 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
2-bed apartment
Size
1,486 sqft
Floor
4th of 4
Parking
B-2658, B-2559, B-2558
Developer
Emaar
Completed
2006
Service charge
AED 32,600 /yr
Last sold
AED 1.9M · January 2012
Building
Zaafaran 1

About 401, Zaafaran 1

401 is a two-bedroom apartment of 1,486 sqft on the 4th floor of Zaafaran 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 29 January 2012 for AED 1,900,000, or AED 1,278 per sqft, in line with the AED 1,247 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 190,000 a year: a gross yield of 10.0% on the 2012 price, before the service charge of about AED 32,600 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Zaafaran 1
1M2M3M20092013201720212025Typical sale price by year: 2009 AED 1,518,444; 2010 AED 1,660,888; 2012 AED 1,698,888; 2023 AED 2,625,000; 2024 AED 3,200,000Sold by developer, July 2010: AED 999,786 (AED 672 per sqft)Sold, January 2012: AED 1,900,000 (AED 1,278 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in Zaafaran 1
100K200K2012201620202024Typical rent by year: 2013 AED 130,000; 2014 AED 158,500; 2015 AED 165,000; 2016 AED 167,500; 2017 AED 162,500; 2018 AED 145,000; 2019 AED 137,500; 2020 AED 105,000; 2021 AED 130,000; 2022 AED 143,000; 2023 AED 155,000; 2024 AED 176,000; 2025 AED 177,500; 2026 AED 176,500New contract, November 2012: AED 155,000 a yearRenewal, November 2013: AED 56,667 a yearRenewal, November 2016: AED 175,000 a yearNew contract, February 2018: AED 166,000 a yearNew contract, February 2019: AED 140,000 a yearRenewal, February 2020: AED 109,145 a yearNew contract, October 2020: AED 95,000 a yearRenewal, October 2021: AED 105,000 a yearRenewal, October 2022: AED 123,000 a yearNew contract, January 2024: AED 190,000 a yearRenewal, January 2025: AED 190,000 a yearRenewal, January 2025: AED 190,000 a yearRenewal, January 2026: AED 190,000 a year

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 401 sits

All 18 2-beds →

401 last sold in January 2012 at AED 1,278 per sqft, in line with what two-beds in Zaafaran 1 were fetching at the time (AED 1,247). 401's AED 190,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jul 20253,400,000
5 Dec 20243,200,000
8 May 20242,550,000
22 Feb 20243,700,000
0 2-bed sales 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 4th floor

All 45 units in Zaafaran 1
Value
4082-bedAED 2.24M · Sep 2010
4093-bedAED 2.88M · Jan 2011
4102-bedAED 1.65M · Mar 2018
4111-bedAED 1.53M · Sep 2010

401, Zaafaran 1 in numbers

  • Sold twice: first on 21 July 2010 for AED 999,786, last on 29 January 2012 for AED 1,900,000 (AED 1,278 per sqft).
  • Rented since November 2012 on 13 Ejari contracts. The rent fell from AED 155,000 to AED 56,667 in 2013 and recovered to AED 190,000 by January 2026.
  • At AED 190,000 a year the gross yield on the 2012 price is 10.0%, before a service charge of about AED 32,600 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 15 January 2026.

Questions about 401, Zaafaran 1

What did unit 401 last sell for?

AED 1,900,000 on 29 January 2012: AED 1,278 per sqft for 1,486 sqft. The unit has 2 registered sales; the first was AED 999,786 in July 2010.

What is the rent for unit 401?

AED 190,000 a year on the contract renewed on 15 January 2026. The previous contract, from January 2025, was AED 190,000; the unit has been rented since November 2012.

How big is unit 401?

1,486 sqft (138.1 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2006.

What is unit 401 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 401, Zaafaran 1

Starts from the last sale price (AED 1.9M, 29 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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