1-bed · 1,201 sqftZaafaran 2, The Old Town · 2nd floor · completed 2006

201, Zaafaran 2

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 1.75M18 December 2013
Current rentAED 130K /yr19 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Zaafaran 2

What is 201 worth today?

Last sold for AED 1,745,000 in 2013

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19 Aug 2024RentedRenewal
AED 130,000/yr3 months · AED 109 per sqft
19 Aug 2023RentedRenewal
AED 130,000/yr12 months · AED 109 per sqft
19 Aug 2022RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft
8 Oct 2021RentedRenewal
AED 85,000/yr12 months · AED 71 per sqft
8 Oct 2020RentedNew contract
AED 85,000/yr12 months · AED 71 per sqft
1 Jul 2019RentedNew contract
AED 115,000/yr12 months · AED 95 per sqft
14 Apr 2016RentedNew contract
AED 135,000/yr12 months · AED 112 per sqft
5 Mar 2015RentedNew contract
AED 145,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 19 August 2024.

Key facts

Type
1-bed apartment
Size
1,201 sqft
Floor
2nd of 3
Parking
B-2612
Developer
Emaar
Completed
2006
Service charge
AED 22,500 /yr
Last sold
AED 1.75M · December 2013
Building
Zaafaran 2

About 201, Zaafaran 2

201 is a one-bedroom apartment of 1,201 sqft on the 2nd floor of Zaafaran 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 18 December 2013 for AED 1,745,000, or AED 1,452 per sqft, 21% below the AED 1,844 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 19 August 2024, is AED 130,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 22,500 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical one-bed in Zaafaran 2
1M2M3M2008201320182023Typical 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 by developer, June 2011: AED 2,900,000 (AED 2,414 per sqft)Sold, December 2013: AED 1,745,000 (AED 1,452 per sqft)

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

Rents
Unit 201, each contractTypical one-bed in Zaafaran 2
100K150K2012201620202024Typical 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, January 2013: AED 99,394 a yearNew contract, March 2015: AED 145,000 a yearNew contract, April 2016: AED 135,000 a yearNew contract, July 2019: AED 115,000 a yearNew contract, October 2020: AED 85,000 a yearRenewal, October 2021: AED 85,000 a yearNew contract, August 2022: AED 120,000 a yearRenewal, August 2023: AED 130,000 a yearRenewal, August 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 201 sits

All 29 1-beds →

201 last sold in December 2013 at AED 1,452 per sqft, 21% below what one-beds in Zaafaran 2 were fetching at the time (AED 1,844). 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. 201'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 2nd floor

All 45 units in Zaafaran 2
Value
2022-bedAED 2.65M · Aug 2016
2032-bedAED 3.08M · Jun 2024
2041-bedAED 2.24M · Oct 2023
2051-bedAED 1.29M · Sep 2012
2061-bedAED 2M · Dec 2025
2071-bedAED 1.42M · Apr 2020
2081-bedAED 1.9M · Sep 2013
1–7 of 12

201, Zaafaran 2 in numbers

  • Sold twice: first on 9 June 2011 for AED 2,900,000, last on 18 December 2013 for AED 1,745,000 (AED 1,452 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 99,394 to AED 85,000 in 2021 and recovered to AED 130,000 by August 2024.
  • At AED 130,000 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 22,500 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 19 August 2024.

Questions about 201, Zaafaran 2

What did unit 201 last sell for?

AED 1,745,000 on 18 December 2013: AED 1,452 per sqft for 1,201 sqft. The unit has 2 registered sales; the first was AED 2,900,000 in June 2011.

What is the rent for unit 201?

AED 130,000 a year on the contract renewed on 19 August 2024. The previous contract, from August 2023, was AED 130,000; the unit has been rented since January 2013.

How big is unit 201?

1,201 sqft (111.6 sqm): a one-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 201 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 201, Zaafaran 2

Starts from the last sale price (AED 1.75M, 18 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,745,000
Deposit, UAE resident (20%)
AED 349,000
Deposit, non-resident (40%)
AED 698,000
Monthly over 25 years at 3.7%
AED 7,139

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