1-bed · 864 sqftZaafaran 4, The Old Town · 1st floor · completed 2006

111, Zaafaran 4

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

Unit 111 · DLD and Ejari recordsUpdated 27 December 2022
Last soldAED 1.55M27 December 2022
Current rentAED 110K /yr12 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Zaafaran 4

What is 111 worth today?

Last sold for AED 1,550,000 in 2022

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27 Dec 2022SoldReady
AED 1,550,000AED 1,793 per sqft
12 Nov 2022RentedNew contract
AED 110,000/yr12 months · AED 128 per sqft
28 Oct 2021RentedNew contract
AED 75,000/yr12 months · AED 87 per sqft
10 Sep 2020RentedNew contract
AED 62,000/yr12 months · AED 72 per sqft
11 Aug 2019RentedRenewal
AED 95,000/yr12 months · AED 110 per sqft
11 Aug 2018RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
25 Jan 2018SoldReady
AED 1,400,000AED 1,620 per sqft
10 Jan 2018RentedNew contract
AED 105,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 27 December 2022.

Key facts

Type
1-bed apartment
Size
864 sqft
Floor
1st of 3
Parking
B-2626
Developer
Emaar
Completed
2006
Service charge
AED 19,000 /yr
Last sold
AED 1.55M · December 2022
Building
Zaafaran 4

About 111, Zaafaran 4

111 is a one-bedroom apartment of 864 sqft on the 1st floor of Zaafaran 4, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 27 December 2022 for AED 1,550,000, or AED 1,793 per sqft, 4% above the AED 1,731 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 12 November 2022, is AED 110,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 19,000 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Zaafaran 4
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,164,888; 2010 AED 1,893,888; 2011 AED 1,186,444; 2013 AED 1,670,000; 2014 AED 1,800,000; 2016 AED 1,600,000; 2021 AED 1,410,000; 2022 AED 1,625,000; 2023 AED 1,900,000; 2025 AED 3,125,000Sold by developer, June 2010: AED 1,056,221 (AED 1,222 per sqft)Sold, January 2018: AED 1,400,000 (AED 1,620 per sqft)Sold, December 2022: AED 1,550,000 (AED 1,793 per sqft)

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

Rents
Unit 111, each contractTypical one-bed in Zaafaran 4
50K100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 95,000; 2014 AED 122,000; 2015 AED 120,000; 2016 AED 112,500; 2017 AED 115,000; 2018 AED 114,000; 2019 AED 95,000; 2020 AED 82,000; 2021 AED 85,000; 2022 AED 90,000; 2023 AED 101,750; 2024 AED 132,500; 2025 AED 143,000; 2026 AED 125,000New contract, October 2013: AED 100,000 a yearRenewal, October 2014: AED 105,000 a yearNew contract, September 2015: AED 110,000 a yearNew contract, October 2016: AED 105,000 a yearNew contract, January 2018: AED 105,000 a yearNew contract, August 2018: AED 95,000 a yearRenewal, August 2019: AED 95,000 a yearNew contract, September 2020: AED 62,000 a yearNew contract, October 2021: AED 75,000 a yearNew contract, November 2022: AED 110,000 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 4, and where 111 sits

All 29 1-beds →

111 last sold in December 2022 at AED 1,793 per sqft, 4% above what one-beds in Zaafaran 4 were fetching at the time (AED 1,731). Over the last 12 months one-beds sold for AED 2,000,000 to 3,000,000, around AED 2,281 per sqft, and rent for AED 50,000 to 250,000 a year. 111's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Aug 20262,000,000
19 Feb 20263,000,000
30 Oct 20252,500,000
1 May 20252,650,000
2 1-bed sales in the last 12 months

Zaafaran 4

Building

45 apartments, 1-bed to 2-bed over 3 floors in The Old Town, completed in 2006 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 2,329
Typical sale
AED 3M
Typical rent
AED 160K /yr
Typical yield
5.4%
Zaafaran 4, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 45 units in Zaafaran 4
Value
1011-bedAED 3.6M · Jan 2025
1022-bedAED 1.56M · Mar 2011
1032-bedAED 2.91M · Sep 2011
1041-bedAED 1.89M · Jun 2010
1051-bedAED 2.65M · May 2025
1061-bedAED 1.95M · Aug 2023
1071-bedAED 1.1M · May 2014
1–7 of 12

111, Zaafaran 4 in numbers

  • Sold 3 times: first on 27 June 2010 for AED 1,056,221, last on 27 December 2022 for AED 1,550,000 (AED 1,793 per sqft).
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 62,000 in 2020 and recovered to AED 110,000 by November 2022.
  • At AED 110,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 19,000 a year (AED 21.94 per sqft).
  • One-beds in Zaafaran 4 sold for AED 2,000,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,329 per sqft.

Source: Dubai Land Department. Updated 27 December 2022.

Questions about 111, Zaafaran 4

What did unit 111 last sell for?

AED 1,550,000 on 27 December 2022: AED 1,793 per sqft for 864 sqft. The unit has 3 registered sales; the first was AED 1,056,221 in June 2010.

What is the rent for unit 111?

AED 110,000 a year on the contract signed on 12 November 2022. The previous contract, from October 2021, was AED 75,000; the unit has been rented since October 2013.

How big is unit 111?

864 sqft (80.3 sqm): a one-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Zaafaran 4 sold for AED 2,000,000 to 3,000,000 in the last 12 months, around AED 2,281 per sqft.

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Mortgage on 111, Zaafaran 4

Starts from the last sale price (AED 1.55M, 27 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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