1-bed · 1,258 sqftZaafaran 4, The Old Town · 2nd floor · completed 2006

204, Zaafaran 4

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 3 August 2023
Last soldAED 2.1M3 August 2023
Current rentAED 104K /yr3 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Zaafaran 4

What is 204 worth today?

Last sold for AED 2,100,000 in 2023

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3 Aug 2023SoldReady
AED 2,100,000AED 1,669 per sqft
3 Mar 2023RentedRenewal
AED 103,500/yr12 months · AED 82 per sqft
3 Mar 2022RentedRenewal
AED 90,000/yr12 months · AED 72 per sqft
3 Mar 2021RentedNew contract
AED 90,000/yr12 months · AED 72 per sqft
15 Feb 2020RentedNew contract
AED 95,000/yr12 months · AED 76 per sqft
1 Oct 2018RentedRenewal
AED 114,000/yr12 months · AED 91 per sqft
1 Oct 2017RentedNew contract
AED 122,000/yr12 months · AED 97 per sqft
15 Jun 2016RentedRenewal
AED 110,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 3 August 2023.

Key facts

Type
1-bed apartment
Size
1,258 sqft
Floor
2nd of 3
Parking
B-2622
Developer
Emaar
Completed
2006
Service charge
AED 27,600 /yr
Last sold
AED 2.1M · August 2023
Building
Zaafaran 4

About 204, Zaafaran 4

204 is a one-bedroom apartment of 1,258 sqft on the 2nd floor of Zaafaran 4, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 3 August 2023 for AED 2,100,000, or AED 1,669 per sqft, 6% below the AED 1,776 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 3 March 2023, is AED 103,500 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 27,600 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, December 2010: AED 1,903,888 (AED 1,513 per sqft)Sold, August 2023: AED 2,100,000 (AED 1,669 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in Zaafaran 4
100K150K2012201620202024Typical 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, June 2013: AED 100,000 a yearNew contract, June 2015: AED 110,000 a yearRenewal, June 2016: AED 110,000 a yearNew contract, October 2017: AED 122,000 a yearRenewal, October 2018: AED 114,000 a yearNew contract, February 2020: AED 95,000 a yearNew contract, March 2021: AED 90,000 a yearRenewal, March 2022: AED 90,000 a yearRenewal, March 2023: AED 103,500 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 4, and where 204 sits

All 29 1-beds →

204 last sold in August 2023 at AED 1,669 per sqft, 6% below what one-beds in Zaafaran 4 were fetching at the time (AED 1,776). 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. 204's AED 103,500 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 2nd floor

All 45 units in Zaafaran 4
Value
2011-bedAED 1.85M · Jul 2013
2022-bedAED 2.55M · Jan 2023
2032-bedAED 1.19M · Oct 2016
2051-bedAED 2M · Aug 2026
2061-bedAED 2.5M · Oct 2025
2071-bedAED 3M · Feb 2026
2081-bedAED 2.65M · Sep 2024
1–7 of 12

204, Zaafaran 4 in numbers

  • Sold twice: first on 6 December 2010 for AED 1,903,888, last on 3 August 2023 for AED 2,100,000 (AED 1,669 per sqft).
  • Rented since June 2013 on 9 Ejari contracts, from AED 100,000 to AED 103,500 a year.
  • At AED 103,500 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 27,600 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 3 August 2023.

Questions about 204, Zaafaran 4

What did unit 204 last sell for?

AED 2,100,000 on 3 August 2023: AED 1,669 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 1,903,888 in December 2010.

What is the rent for unit 204?

AED 103,500 a year on the contract renewed on 3 March 2023. The previous contract, from March 2022, was AED 90,000; the unit has been rented since June 2013.

How big is unit 204?

1,258 sqft (116.9 sqm): a one-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 204 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 204, Zaafaran 4

Starts from the last sale price (AED 2.1M, 3 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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