1-bed · 1,288 sqftZaafaran 2, The Old Town · 2nd floor · completed 2006

207, Zaafaran 2

Sold prices and rental history: sold 4 times, last in April 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 21 April 2020
Last soldAED 1.42M21 April 2020
Current rentAED 100K /yr1 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Zaafaran 2

What is 207 worth today?

Last sold for AED 1,415,000 in 2020

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21 Apr 2020SoldReady
AED 1,415,000AED 1,098 per sqft
1 Apr 2020RentedNew contract
AED 100,000/yr12 months · AED 78 per sqft
1 Nov 2017RentedNew contract
AED 135,000/yr12 months · AED 105 per sqft
30 Aug 2015SoldReady
AED 2,350,000AED 1,824 per sqft
26 Jun 2011SoldReady
AED 1,225,000AED 951 per sqft
8 Feb 2009Sold by developerReady
AED 1,587,888AED 1,232 per sqft

Source: Dubai Land Department. Updated 21 April 2020.

Key facts

Type
1-bed apartment
Size
1,288 sqft
Floor
2nd of 3
Parking
B-2616
Developer
Emaar
Completed
2006
Service charge
AED 24,200 /yr
Last sold
AED 1.42M · April 2020
Building
Zaafaran 2

About 207, Zaafaran 2

207 is a one-bedroom apartment of 1,288 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 21 April 2020 for AED 1,415,000, or AED 1,098 per sqft.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 April 2020, is AED 100,000 a year: a gross yield of 7.1% on the 2020 price, before the service charge of about AED 24,200 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical one-bed in Zaafaran 2
1M2M2008201320182023Typical 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, February 2009: AED 1,587,888 (AED 1,232 per sqft)Sold, June 2011: AED 1,225,000 (AED 951 per sqft)Sold, August 2015: AED 2,350,000 (AED 1,824 per sqft)Sold, April 2020: AED 1,415,000 (AED 1,098 per sqft)

207 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 207, each contractTypical one-bed in Zaafaran 2
75K100K125K2012201620202024Typical 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, November 2017: AED 135,000 a yearNew contract, April 2020: AED 100,000 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 207 sits

All 29 1-beds →

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. 207's AED 100,000 is in the lower 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
2011-bedAED 1.75M · Dec 2013
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
2081-bedAED 1.9M · Sep 2013
1–7 of 12

207, Zaafaran 2 in numbers

  • Sold 4 times: first on 8 February 2009 for AED 1,587,888, last on 21 April 2020 for AED 1,415,000 (AED 1,098 per sqft).
  • Rented since November 2017 on 2 Ejari contracts, from AED 135,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 7.1%, before a service charge of about AED 24,200 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 21 April 2020.

Questions about 207, Zaafaran 2

What did unit 207 last sell for?

AED 1,415,000 on 21 April 2020: AED 1,098 per sqft for 1,288 sqft. The unit has 4 registered sales; the first was AED 1,587,888 in February 2009.

What is the rent for unit 207?

AED 100,000 a year on the contract signed on 1 April 2020. The previous contract, from November 2017, was AED 135,000.

How big is unit 207?

1,288 sqft (119.7 sqm): a one-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 207 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 207, Zaafaran 2

Starts from the last sale price (AED 1.42M, 21 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,415,000
Deposit, UAE resident (20%)
AED 283,000
Deposit, non-resident (40%)
AED 566,000
Monthly over 25 years at 3.7%
AED 5,789

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