111, Zaafaran 2
Sold prices and rental history: sold 3 times, last in October 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, Zaafaran 2
What is 111 worth today?
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Source: Dubai Land Department. Updated 8 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 864 sqft
- Floor
- 1st of 3
- Parking
- B-2609
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 16,200 /yr
- Last sold
- AED 1.62M · October 2013
- Building
- Zaafaran 2
About 111, Zaafaran 2
111 is a one-bedroom apartment of 864 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 2 October 2013 for AED 1,615,000, or AED 1,869 per sqft, in line with the AED 1,874 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 8 May 2023, is AED 100,000 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 16,200 a year.
Sales and rents for 111 over time
111 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 111 sits
All 29 1-beds →111 last sold in October 2013 at AED 1,869 per sqft, in line with what one-beds in Zaafaran 2 were fetching at the time (AED 1,874). 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. 111's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 918 sqft | 1,900,000 | 2,069 | ||
| 20 Dec 202520 December 2025 | 918 sqft | 2,000,000 | 2,178 | ||
| 12 Feb 202512 February 2025 | 1,201 sqft | 3,000,000 | 2,497 | ||
| 9 Sep 20249 September 2024 | 1,011 sqft | 2,300,000 | 2,275 |
Zaafaran 2
Building45 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%
Other units on the 1st floor
All 45 units in Zaafaran 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,030 sqft | AED 2.4MAED 2,400,000 · Feb 2024February 2024 | 130,000 /yr | |
| 102 | 2-bed | 1,272 sqft | AED 1.47MAED 1,468,000 · Mar 2022March 2022 | 195,000 /yr | |
| 103 | 2-bed | 1,270 sqft | AED 3.05MAED 3,050,000 · Apr 2014April 2014 | 150,000 /yr | |
| 104 | 1-bed | 1,258 sqft | AED 2.33MAED 2,325,000 · Dec 2016December 2016 | 110,000 /yr | |
| 105 | 1-bed | 896 sqft | AED 1.03MAED 1,026,375 · Dec 2009December 2009 | 115,000 /yr | |
| 106 | 1-bed | 918 sqft | AED 1.9MAED 1,900,000 · Oct 2026October 2026 | 110,000 /yr | |
| 107 | 1-bed | 1,288 sqft | AED 2.22MAED 2,215,000 · Nov 2023November 2023 | 117,000 /yr | |
| 108 | 1-bed | 1,011 sqft | AED 2.3MAED 2,300,000 · Sep 2024September 2024 | 105,000 /yr | |
| 109 | 2-bed | 1,329 sqft | AED 2.9MAED 2,900,000 · Jul 2015July 2015 | 160,000 /yr | |
| 110 | 2-bed | 1,293 sqft | AED 1.04MAED 1,039,944 · Nov 2011November 2011 | 176,400 /yr | |
| 112 | 1-bed | 921 sqft | AED 1.6MAED 1,600,000 · May 2023May 2023 | 70,000 /yr | |
| 113 | 1-bed | 969 sqft | AED 1.38MAED 1,375,000 · Feb 2022February 2022 | 105,000 /yr |
111, Zaafaran 2 in numbers
- Sold 3 times: first on 24 December 2008 for AED 1,074,888, last on 2 October 2013 for AED 1,615,000 (AED 1,869 per sqft).
- Rented since October 2014 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2021 and recovered to AED 100,000 by May 2023.
- At AED 100,000 a year the gross yield on the 2013 price is 6.2%, before a service charge of about AED 16,200 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 8 May 2023.
Questions about 111, Zaafaran 2
What did unit 111 last sell for?
AED 1,615,000 on 2 October 2013: AED 1,869 per sqft for 864 sqft. The unit has 3 registered sales; the first was AED 1,074,888 in December 2008.
What is the rent for unit 111?
AED 100,000 a year on the contract signed on 8 May 2023. The previous contract, from May 2022, was AED 85,000; the unit has been rented since October 2014.
How big is unit 111?
864 sqft (80.3 sqm): a one-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.
What is unit 111 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.
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Mortgage on 111, Zaafaran 2
Starts from the last sale price (AED 1.62M, 2 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,615,000
- Deposit, UAE resident (20%)
- AED 323,000
- Deposit, non-resident (40%)
- AED 646,000
- Monthly over 25 years at 3.7%
- AED 6,607
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →