1-bed · 921 sqftZaafaran 2, The Old Town · 2nd floor · completed 2006

212, Zaafaran 2

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 1.75M4 September 2024
Current rentAED 108K /yr3 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Zaafaran 2

What is 212 worth today?

Last sold for AED 1,750,000 in 2024

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4 Sep 2024SoldReady
AED 1,750,000AED 1,900 per sqft
3 May 2023RentedNew contract
AED 107,500/yr12 months · AED 116 per sqft
18 Mar 2022RentedNew contract
AED 81,780/yr12 months · AED 88 per sqft
25 Oct 2021RentedRenewal
AED 80,000/yr6 months · AED 86 per sqft
25 Oct 2020RentedRenewal
AED 67,000/yr12 months · AED 72 per sqft
25 Oct 2019RentedRenewal
AED 85,000/yr12 months · AED 92 per sqft
25 Oct 2018RentedNew contract
AED 93,500/yr12 months · AED 101 per sqft
3 Jul 2017RentedNew contract
AED 115,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
1-bed apartment
Size
921 sqft
Floor
2nd of 3
Parking
B-2618
Developer
Emaar
Completed
2006
Service charge
AED 17,300 /yr
Last sold
AED 1.75M · September 2024
Building
Zaafaran 2

About 212, Zaafaran 2

212 is a one-bedroom apartment of 921 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 4 September 2024 for AED 1,750,000, or AED 1,900 per sqft, in line with the AED 1,857 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 3 May 2023, is AED 107,500 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 17,300 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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, December 2008: AED 1,169,888 (AED 1,270 per sqft)Sold, September 2024: AED 1,750,000 (AED 1,900 per sqft)

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

Rents
Unit 212, each contractTypical one-bed in Zaafaran 2
100K2012201620202024Typical 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, September 2012: AED 90,000 a yearNew contract, January 2015: AED 105,000 a yearNew contract, July 2015: AED 115,000 a yearNew contract, July 2017: AED 115,000 a yearNew contract, October 2018: AED 93,500 a yearRenewal, October 2019: AED 85,000 a yearRenewal, October 2020: AED 67,000 a yearRenewal, October 2021: AED 80,000 a yearNew contract, March 2022: AED 81,780 a yearNew contract, May 2023: AED 107,500 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 212 sits

All 29 1-beds →

212 last sold in September 2024 at AED 1,900 per sqft, in line with what one-beds in Zaafaran 2 were fetching at the time (AED 1,857). 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. 212's AED 107,500 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
2071-bedAED 1.42M · Apr 2020
1–7 of 12

212, Zaafaran 2 in numbers

  • Sold twice: first on 18 December 2008 for AED 1,169,888, last on 4 September 2024 for AED 1,750,000 (AED 1,900 per sqft).
  • Rented since September 2012 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 67,000 in 2020 and recovered to AED 107,500 by May 2023.
  • At AED 107,500 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 17,300 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 4 September 2024.

Questions about 212, Zaafaran 2

What did unit 212 last sell for?

AED 1,750,000 on 4 September 2024: AED 1,900 per sqft for 921 sqft. The unit has 2 registered sales; the first was AED 1,169,888 in December 2008.

What is the rent for unit 212?

AED 107,500 a year on the contract signed on 3 May 2023. The previous contract, from March 2022, was AED 81,780; the unit has been rented since September 2012.

How big is unit 212?

921 sqft (85.6 sqm): a one-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 212 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 212, Zaafaran 2

Starts from the last sale price (AED 1.75M, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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