1-bed · 887 sqftZaafaran 2, The Old Town · Ground floor · completed 2006

G05, Zaafaran 2

Sold prices and rental history: sold 3 times, last in January 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G05 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 1.86M25 January 2017
Current rentAED 140K /yr19 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G05, Zaafaran 2

What is G05 worth today?

Last sold for AED 1,860,000 in 2017

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19 Sep 2024RentedRenewal
AED 140,000/yr12 months · AED 159 per sqft
19 Sep 2023RentedRenewal
AED 120,000/yr12 months · AED 136 per sqft
19 Sep 2022RentedRenewal
AED 100,000/yr12 months · AED 113 per sqft
17 Sep 2021RentedNew contract
AED 95,000/yr12 months · AED 108 per sqft
16 Jan 2021RentedRenewal
AED 89,000/yr12 months · AED 101 per sqft
16 Jan 2020RentedNew contract
AED 98,000/yr12 months · AED 111 per sqft
9 Nov 2017RentedNew contract
AED 115,000/yr12 months · AED 130 per sqft
25 Jan 2017SoldReady
AED 1,860,000AED 2,097 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
1-bed apartment
Size
887 sqft
Floor
Ground of 3
Parking
B-2701
Developer
Emaar
Completed
2006
Service charge
AED 16,600 /yr
Last sold
AED 1.86M · January 2017
Building
Zaafaran 2

About G05, Zaafaran 2

G05 is a one-bedroom apartment of 887 sqft on the ground floor of Zaafaran 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 25 January 2017 for AED 1,860,000, or AED 2,097 per sqft, 12% above the AED 1,873 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 19 September 2024, is AED 140,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 16,600 a year.

Sales and rents for G05 over time

Sales
Unit G05, 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, November 2008: AED 1,161,951 (AED 1,310 per sqft)Sold, November 2008: AED 1,450,000 (AED 1,634 per sqft)Sold, January 2017: AED 1,860,000 (AED 2,097 per sqft)

G05 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G05, 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, November 2012: AED 95,000 a yearNew contract, November 2017: AED 115,000 a yearNew contract, January 2020: AED 98,000 a yearRenewal, January 2021: AED 89,000 a yearNew contract, September 2021: AED 95,000 a yearRenewal, September 2022: AED 100,000 a yearRenewal, September 2023: AED 120,000 a yearRenewal, September 2024: AED 140,000 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 G05 sits

All 29 1-beds →

G05 last sold in January 2017 at AED 2,097 per sqft, 12% above what one-beds in Zaafaran 2 were fetching at the time (AED 1,873). 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. G05's AED 140,000 is at the top 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 ground floor

All 45 units in Zaafaran 2
Value
G022-bedAED 1.15M · Nov 2024
G032-bedAED 3.75M · Jan 2024
G041-bedAED 2.65M · Nov 2023
G061-bedAED 1.78M · Jun 2022
G071-bedAED 2.35M · Nov 2022
G081-bedAED 3.1M · May 2016
G092-bedAED 1.81M · Dec 2010
1–7 of 11

G05, Zaafaran 2 in numbers

  • Sold 3 times: first on 6 November 2008 for AED 1,450,000, last on 25 January 2017 for AED 1,860,000 (AED 2,097 per sqft).
  • Rented since November 2012 on 8 Ejari contracts, from AED 95,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 16,600 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 September 2024.

Questions about G05, Zaafaran 2

What did unit G05 last sell for?

AED 1,860,000 on 25 January 2017: AED 2,097 per sqft for 887 sqft. The unit has 3 registered sales; the first was AED 1,450,000 in November 2008.

What is the rent for unit G05?

AED 140,000 a year on the contract renewed on 19 September 2024. The previous contract, from September 2023, was AED 120,000; the unit has been rented since November 2012.

How big is unit G05?

887 sqft (82.4 sqm): a one-bedroom apartment on the ground floor of a 3-storey tower completed in 2006.

What is unit G05 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 G05, Zaafaran 2

Starts from the last sale price (AED 1.86M, 25 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,860,000
Deposit, UAE resident (20%)
AED 372,000
Deposit, non-resident (40%)
AED 744,000
Monthly over 25 years at 3.7%
AED 7,610

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