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

203, Zaafaran 2

Sold prices and rental history: sold 3 times, last in June 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 3.08M3 June 2024
Current rentAED 140K /yr21 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Zaafaran 2

What is 203 worth today?

Last sold for AED 3,075,000 in 2024

Unlock today's estimate, updated daily, with

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

3 Jun 2024SoldReady
AED 3,075,000AED 2,421 per sqft
21 Mar 2019RentedNew contract
AED 140,000/yr12 months · AED 110 per sqft
1 Mar 2018RentedNew contract
AED 150,000/yr12 months · AED 118 per sqft
20 Jul 2014SoldReady
AED 3,300,000AED 2,598 per sqft
5 May 2010Sold by developerReady
AED 872,444AED 686 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
2-bed apartment
Size
1,270 sqft
Floor
2nd of 3
Parking
B-2692,B-2691
Developer
Emaar
Completed
2006
Service charge
AED 23,800 /yr
Last sold
AED 3.08M · June 2024
Building
Zaafaran 2

About 203, Zaafaran 2

203 is a two-bedroom apartment of 1,270 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 3 June 2024 for AED 3,075,000, or AED 2,421 per sqft.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 21 March 2019, is AED 140,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 23,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, May 2010: AED 872,444 (AED 686 per sqft)Sold, July 2014: AED 3,300,000 (AED 2,598 per sqft)Sold, June 2024: AED 3,075,000 (AED 2,421 per sqft)

203 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, 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, March 2018: AED 150,000 a yearNew contract, March 2019: AED 140,000 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 203 sits

All 16 2-beds →

203's AED 140,000 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
16 Jan 20243,750,000
7 Dec 20222,300,000
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 2nd floor

All 45 units in Zaafaran 2
Value
2011-bedAED 1.75M · Dec 2013
2022-bedAED 2.65M · Aug 2016
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

203, Zaafaran 2 in numbers

  • Sold 3 times: first on 5 May 2010 for AED 872,444, last on 3 June 2024 for AED 3,075,000 (AED 2,421 per sqft).
  • Rented since March 2018 on 2 Ejari contracts, from AED 150,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 23,800 a year (AED 18.75 per sqft).

Source: Dubai Land Department. Updated 3 June 2024.

Questions about 203, Zaafaran 2

What did unit 203 last sell for?

AED 3,075,000 on 3 June 2024: AED 2,421 per sqft for 1,270 sqft. The unit has 3 registered sales; the first was AED 872,444 in May 2010.

What is the rent for unit 203?

AED 140,000 a year on the contract signed on 21 March 2019. The previous contract, from March 2018, was AED 150,000.

How big is unit 203?

1,270 sqft (118.0 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 203 worth today?

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

Selling 203? 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 203, Zaafaran 2

Starts from the last sale price (AED 3.08M, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,075,000
Deposit, UAE resident (20%)
AED 615,000
Deposit, non-resident (40%)
AED 1,230,000
Monthly over 25 years at 3.7%
AED 12,581

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