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

209, Zaafaran 2

Sold prices and rental history: sold once, by the developer in November 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 1.69M8 November 2010
Current rentAED 110K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 209, Zaafaran 2

What is 209 worth today?

Last sold for AED 1,689,888 in 2010

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1 Nov 2022RentedRenewal
AED 110,000/yr12 months · AED 83 per sqft
1 Nov 2021RentedNew contract
AED 110,000/yr12 months · AED 83 per sqft
4 Oct 2019RentedRenewal
AED 127,599/yr12 months · AED 96 per sqft
4 Oct 2018RentedNew contract
AED 130,000/yr12 months · AED 98 per sqft
29 Sep 2017RentedNew contract
AED 150,000/yr12 months · AED 113 per sqft
1 Mar 2016RentedNew contract
AED 170,000/yr9 months · AED 128 per sqft
7 Jul 2013RentedNew contract
AED 170,000/yr12 months · AED 128 per sqft
8 Nov 2010Sold by developerReady
AED 1,689,888AED 1,271 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
2nd of 3
Parking
B-2689
Developer
Emaar
Completed
2006
Service charge
AED 24,900 /yr
Last sold
AED 1.69M · November 2010
Building
Zaafaran 2

About 209, Zaafaran 2

209 is a two-bedroom apartment of 1,329 sqft on the 2nd floor of Zaafaran 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 8 November 2010 for AED 1,689,888, or AED 1,271 per sqft, 4% below the AED 1,326 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 110,000 a year: a gross yield of 6.5% on the 2010 price, before the service charge of about AED 24,900 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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, November 2010: AED 1,689,888 (AED 1,271 per sqft)

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

Rents
Unit 209, each contractTypical two-bed in Zaafaran 2
100K150K200K2013201720212025Typical 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, July 2013: AED 170,000 a yearNew contract, March 2016: AED 170,000 a yearNew contract, September 2017: AED 150,000 a yearNew contract, October 2018: AED 130,000 a yearRenewal, October 2019: AED 127,599 a yearNew contract, November 2021: AED 110,000 a yearRenewal, November 2022: AED 110,000 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 209 sits

All 16 2-beds →

209 last sold in November 2010 at AED 1,271 per sqft, 4% below what two-beds in Zaafaran 2 were fetching at the time (AED 1,326). 209's AED 110,000 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 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
2071-bedAED 1.42M · Apr 2020
1–7 of 12

209, Zaafaran 2 in numbers

  • Sold once: by Emaar on 8 November 2010 for AED 1,689,888, or AED 1,271 per sqft.
  • Rented since July 2013 on 7 Ejari contracts, from AED 170,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2010 price is 6.5%, before a service charge of about AED 24,900 a year (AED 18.75 per sqft).

Source: Dubai Land Department. Updated 1 November 2022.

Questions about 209, Zaafaran 2

What did unit 209 last sell for?

AED 1,689,888 on 8 November 2010, sold by the developer: AED 1,271 per sqft for 1,329 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 110,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 110,000; the unit has been rented since July 2013.

How big is unit 209?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 209 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 209, Zaafaran 2

Starts from the last sale price (AED 1.69M, 8 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,689,888
Deposit, UAE resident (20%)
AED 337,978
Deposit, non-resident (40%)
AED 675,955
Monthly over 25 years at 3.7%
AED 6,914

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