1-bed · 1,281 sqftZaafaran 2, The Old Town · Ground floor · completed 2006

G07, Zaafaran 2

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G07 · DLD and Ejari recordsUpdated 11 March 2023
Last soldAED 2.35M4 November 2022
Current rentAED 100K /yr11 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G07, Zaafaran 2

What is G07 worth today?

Last sold for AED 2,350,000 in 2022

Unlock today's estimate, updated daily, with

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

11 Mar 2023RentedNew contract
AED 100,241/yr4 months · AED 78 per sqft
4 Nov 2022SoldReady
AED 2,350,000AED 1,834 per sqft
11 Mar 2022RentedNew contract
AED 100,000/yr12 months · AED 78 per sqft
20 Sep 2021RentedRenewal
AED 115,000/yr6 months · AED 90 per sqft
20 Sep 2020RentedRenewal
AED 100,000/yr12 months · AED 78 per sqft
20 Sep 2019RentedNew contract
AED 115,000/yr12 months · AED 90 per sqft
31 Mar 2014SoldReady
AED 2,700,000AED 2,107 per sqft
14 Aug 2013Sold by developerReady
AED 3,130,000AED 2,443 per sqft

Source: Dubai Land Department. Updated 11 March 2023.

Key facts

Type
1-bed apartment
Size
1,281 sqft
Floor
Ground of 3
Parking
B-2703
Developer
Emaar
Completed
2006
Service charge
AED 24,000 /yr
Last sold
AED 2.35M · November 2022
Building
Zaafaran 2

About G07, Zaafaran 2

G07 is a one-bedroom apartment of 1,281 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 4 November 2022 for AED 2,350,000, or AED 1,834 per sqft, in line with the AED 1,834 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 11 March 2023, is AED 100,241 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 24,000 a year.

Sales and rents for G07 over time

Sales
Unit G07, each saleTypical one-bed in Zaafaran 2
1M2M3M2008201320182023Typical 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, August 2013: AED 3,130,000 (AED 2,443 per sqft)Sold, March 2014: AED 2,700,000 (AED 2,107 per sqft)Sold, November 2022: AED 2,350,000 (AED 1,834 per sqft)

G07 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G07, each contractTypical one-bed in Zaafaran 2
80K100K120K2012201620202024Typical 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, July 2013: AED 105,000 a yearNew contract, September 2019: AED 115,000 a yearRenewal, September 2020: AED 100,000 a yearRenewal, September 2021: AED 115,000 a yearNew contract, March 2022: AED 100,000 a yearNew contract, March 2023: AED 100,241 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 G07 sits

All 29 1-beds →

G07 last sold in November 2022 at AED 1,834 per sqft, in line with what one-beds in Zaafaran 2 were fetching at the time (AED 1,834). 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. G07's AED 100,241 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 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
G051-bedAED 1.86M · Jan 2017
G061-bedAED 1.78M · Jun 2022
G081-bedAED 3.1M · May 2016
G092-bedAED 1.81M · Dec 2010
1–7 of 11

G07, Zaafaran 2 in numbers

  • Sold 3 times: first on 14 August 2013 for AED 3,130,000, last on 4 November 2022 for AED 2,350,000 (AED 1,834 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 105,000 to AED 100,241 a year.
  • At AED 100,241 a year the gross yield on the 2022 price is 4.3%, before a service charge of about AED 24,000 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 11 March 2023.

Questions about G07, Zaafaran 2

What did unit G07 last sell for?

AED 2,350,000 on 4 November 2022: AED 1,834 per sqft for 1,281 sqft. The unit has 3 registered sales; the first was AED 3,130,000 in August 2013.

What is the rent for unit G07?

AED 100,241 a year on the contract signed on 11 March 2023. The previous contract, from March 2022, was AED 100,000; the unit has been rented since July 2013.

How big is unit G07?

1,281 sqft (119.0 sqm): a one-bedroom apartment on the ground floor of a 3-storey tower completed in 2006.

What is unit G07 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.

Selling G07? 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 G07, Zaafaran 2

Starts from the last sale price (AED 2.35M, 4 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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