2-bed · 1,270 sqftZaafaran 2, The Old Town · 1st floor · completed 2006

103, Zaafaran 2

Sold prices and rental history: sold twice, last in April 2014, and rented once, from August 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 25 August 2014
Last soldAED 3.05M17 April 2014
Current rentAED 150K /yr25 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Zaafaran 2

What is 103 worth today?

Last sold for AED 3,050,000 in 2014

Unlock today's estimate, updated daily, with

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

25 Aug 2014RentedNew contract
AED 150,000/yr12 months · AED 118 per sqft
17 Apr 2014SoldReady
AED 3,050,000AED 2,401 per sqft
29 Jun 2010Sold by developerReady
AED 857,444AED 675 per sqft

Source: Dubai Land Department. Updated 25 August 2014.

Key facts

Type
2-bed apartment
Size
1,270 sqft
Floor
1st of 3
Parking
B-2757 , B-2761
Developer
Emaar
Completed
2006
Service charge
AED 23,800 /yr
Last sold
AED 3.05M · April 2014
Building
Zaafaran 2

About 103, Zaafaran 2

103 is a two-bedroom apartment of 1,270 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 17 April 2014 for AED 3,050,000, or AED 2,401 per sqft, 8% above the AED 2,216 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 August 2014. The current contract, signed on 25 August 2014, is AED 150,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 23,800 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Zaafaran 2
2M20092013201720212025Typical sale price by year: 2009 AED 1,774,888; 2010 AED 1,744,888; 2011 AED 1,714,888; 2014 AED 3,300,000; 2022 AED 1,980,000; 2024 AED 3,075,000Sold by developer, June 2010: AED 857,444 (AED 675 per sqft)Sold, April 2014: AED 3,050,000 (AED 2,401 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Zaafaran 2
150K200K2013201720212025Typical rent by year: 2013 AED 135,000; 2014 AED 155,000; 2015 AED 166,157; 2016 AED 157,500; 2017 AED 150,000; 2018 AED 145,000; 2019 AED 135,000; 2020 AED 125,000; 2021 AED 120,000; 2022 AED 130,000; 2023 AED 160,000; 2024 AED 168,923; 2025 AED 175,000; 2026 AED 195,000New contract, August 2014: AED 150,000 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 2, and where 103 sits

All 16 2-beds →

103 last sold in April 2014 at AED 2,401 per sqft, 8% above what two-beds in Zaafaran 2 were fetching at the time (AED 2,216). 103's AED 150,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Aug 20254,300,000
21 Nov 20241,150,000
3 Jun 20243,075,000
16 Jan 20243,750,000
0 2-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
1011-bedAED 2.4M · Feb 2024
1022-bedAED 1.47M · Mar 2022
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

103, Zaafaran 2 in numbers

  • Sold twice: first on 29 June 2010 for AED 857,444, last on 17 April 2014 for AED 3,050,000 (AED 2,401 per sqft).
  • Rented since August 2014 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 23,800 a year (AED 18.75 per sqft).

Source: Dubai Land Department. Updated 25 August 2014.

Questions about 103, Zaafaran 2

What did unit 103 last sell for?

AED 3,050,000 on 17 April 2014: AED 2,401 per sqft for 1,270 sqft. The unit has 2 registered sales; the first was AED 857,444 in June 2010.

What is the rent for unit 103?

AED 150,000 a year on the contract signed on 25 August 2014.

How big is unit 103?

1,270 sqft (118.0 sqm): a two-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 103? 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 103, Zaafaran 2

Starts from the last sale price (AED 3.05M, 17 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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