1-bed · 1,030 sqftZaafaran 2, The Old Town · 1st floor · completed 2006

101, Zaafaran 2

Sold prices and rental history: sold 4 times, last in February 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 2.4M29 February 2024
Current rentAED 130K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Zaafaran 2

What is 101 worth today?

Last sold for AED 2,400,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2024RentedNew contract
AED 130,000/yr12 months · AED 126 per sqft
29 Feb 2024SoldReady
AED 2,400,000AED 2,330 per sqft
5 Feb 2023RentedRenewal
AED 94,500/yr12 months · AED 91 per sqft
5 Feb 2022RentedNew contract
AED 90,000/yr12 months · AED 87 per sqft
5 Feb 2021RentedRenewal
AED 78,000/yr12 months · AED 75 per sqft
5 Feb 2020RentedRenewal
AED 83,000/yr12 months · AED 80 per sqft
5 Feb 2019RentedRenewal
AED 85,000/yr12 months · AED 82 per sqft
5 Feb 2018RentedNew contract
AED 95,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
1,030 sqft
Floor
1st of 3
Parking
B-2603
Developer
Emaar
Completed
2006
Service charge
AED 19,300 /yr
Last sold
AED 2.4M · February 2024
Building
Zaafaran 2

About 101, Zaafaran 2

101 is a one-bedroom apartment of 1,030 sqft on the 1st floor of Zaafaran 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 29 February 2024 for AED 2,400,000, or AED 2,330 per sqft, 31% above the AED 1,780 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 May 2024, is AED 130,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 19,300 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical one-bed in Zaafaran 2
1M2M2008201320182023Typical sale price by year: 2008 AED 1,128,420; 2009 AED 1,298,888; 2010 AED 1,533,388; 2011 AED 1,309,888; 2012 AED 1,290,000; 2013 AED 1,900,000; 2014 AED 2,450,000; 2016 AED 2,287,500; 2022 AED 1,775,000; 2023 AED 2,227,500; 2024 AED 2,300,000Sold, August 2011: AED 1,500,000 (AED 1,456 per sqft)Sold by developer, August 2011: AED 1,444,888 (AED 1,402 per sqft)Sold, September 2013: AED 1,900,000 (AED 1,844 per sqft)Sold, February 2024: AED 2,400,000 (AED 2,330 per sqft)

101 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 101, each contractTypical one-bed in Zaafaran 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 105,000; 2014 AED 121,184; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 115,000; 2018 AED 112,500; 2019 AED 105,000; 2020 AED 83,000; 2021 AED 82,500; 2022 AED 95,000; 2023 AED 107,500; 2024 AED 118,500; 2025 AED 115,000; 2026 AED 110,000New contract, February 2018: AED 95,000 a yearRenewal, February 2019: AED 85,000 a yearRenewal, February 2020: AED 83,000 a yearRenewal, February 2021: AED 78,000 a yearNew contract, February 2022: AED 90,000 a yearRenewal, February 2023: AED 94,500 a yearNew contract, May 2024: AED 130,000 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 2, and where 101 sits

All 29 1-beds →

101 last sold in February 2024 at AED 2,330 per sqft, 31% above what one-beds in Zaafaran 2 were fetching at the time (AED 1,780). Over the last 12 months one-beds sold for AED 1,900,000 to 2,000,000, around AED 2,124 per sqft, and rent for AED 95,000 to 140,000 a year. 101's AED 130,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20261,900,000
20 Dec 20252,000,000
12 Feb 20253,000,000
9 Sep 20242,300,000
2 1-bed sales in the last 12 months

Zaafaran 2

Building

45 apartments, 1-bed to 2-bed over 3 floors in The Old Town, completed in 2006 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,124
Typical sale
AED 1.95M
Typical rent
AED 138K /yr
Typical yield
5.5%
Zaafaran 2, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 45 units in Zaafaran 2
Value
1022-bedAED 1.47M · Mar 2022
1032-bedAED 3.05M · Apr 2014
1041-bedAED 2.33M · Dec 2016
1051-bedAED 1.03M · Dec 2009
1061-bedAED 1.9M · Oct 2026
1071-bedAED 2.22M · Nov 2023
1081-bedAED 2.3M · Sep 2024
1–7 of 12

101, Zaafaran 2 in numbers

  • Sold 4 times: first on 3 August 2011 for AED 1,444,888, last on 29 February 2024 for AED 2,400,000 (AED 2,330 per sqft).
  • Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 78,000 in 2021 and recovered to AED 130,000 by May 2024.
  • At AED 130,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 19,300 a year (AED 18.75 per sqft).
  • One-beds in Zaafaran 2 sold for AED 1,900,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,124 per sqft.

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 101, Zaafaran 2

What did unit 101 last sell for?

AED 2,400,000 on 29 February 2024: AED 2,330 per sqft for 1,030 sqft. The unit has 4 registered sales; the first was AED 1,444,888 in August 2011.

What is the rent for unit 101?

AED 130,000 a year on the contract signed on 1 May 2024. The previous contract, from February 2023, was AED 94,500; the unit has been rented since February 2018.

How big is unit 101?

1,030 sqft (95.7 sqm): a one-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Zaafaran 2 sold for AED 1,900,000 to 2,000,000 in the last 12 months, around AED 2,124 per sqft.

Selling 101? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 101, Zaafaran 2

Starts from the last sale price (AED 2.4M, 29 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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