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2-bed · 1,329 sqftZaafaran 2, The Old Town · 1st floor · completed 2006

109, Zaafaran 2

Sold prices and rental history: sold twice, last in July 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 2.9M6 July 2015
Current rentAED 160K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 109, Zaafaran 2

What is 109 worth today?

Last sold for AED 2,900,000 in 2015

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15 Sep 2024RentedRenewal
AED 160,000/yr12 months · AED 121 per sqft
15 Sep 2023RentedRenewal
AED 160,000/yr12 months · AED 121 per sqft
15 Sep 2022RentedNew contract
AED 160,000/yr12 months · AED 121 per sqft
6 Jul 2015SoldReady
AED 2,900,000AED 2,182 per sqft
4 Jun 2014RentedNew contract
AED 155,000/yr12 months · AED 117 per sqft
3 Apr 2011Sold by developerReady
AED 1,679,888AED 1,263 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
1st of 3
Parking
B-2755
Developer
Emaar
Completed
2006
Service charge
AED 24,900 /yr
Last sold
AED 2.9M · July 2015
Building
Zaafaran 2

About 109, Zaafaran 2

109 is a two-bedroom apartment of 1,329 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 6 July 2015 for AED 2,900,000, or AED 2,182 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 160,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 24,900 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical two-bed in Zaafaran 2
2M3M20092013201720212025Typical 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, April 2011: AED 1,679,888 (AED 1,263 per sqft)Sold, July 2015: AED 2,900,000 (AED 2,182 per sqft)

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

Rents
Unit 109, 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, June 2014: AED 155,000 a yearNew contract, September 2022: AED 160,000 a yearRenewal, September 2023: AED 160,000 a yearRenewal, September 2024: AED 160,000 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 109 sits

All 16 2-beds →

109's AED 160,000 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
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
1–7 of 12

109, Zaafaran 2 in numbers

  • Sold twice: first on 3 April 2011 for AED 1,679,888, last on 6 July 2015 for AED 2,900,000 (AED 2,182 per sqft).
  • Rented since June 2014 on 4 Ejari contracts, from AED 155,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 24,900 a year (AED 18.75 per sqft).

Source: Dubai Land Department. Updated 15 September 2024.

Questions about 109, Zaafaran 2

What did unit 109 last sell for?

AED 2,900,000 on 6 July 2015: AED 2,182 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 1,679,888 in April 2011.

What is the rent for unit 109?

AED 160,000 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 160,000; the unit has been rented since June 2014.

How big is unit 109?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 109 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 109, Zaafaran 2

Starts from the last sale price (AED 2.9M, 6 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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