1-bed · 981 sqftZaafaran 5, The Old Town · 1st floor · completed 2006

105, Zaafaran 5

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 105 · DLD and Ejari recordsUpdated 13 March 2020
Last soldAED 2.6M10 August 2009
Current rentAED 80K /yr13 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 105, Zaafaran 5

What is 105 worth today?

Last sold for AED 2,600,000 in 2009

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13 Mar 2020RentedRenewal
AED 80,000/yr12 months · AED 82 per sqft
13 Mar 2019RentedRenewal
AED 87,000/yr12 months · AED 89 per sqft
14 Aug 2016RentedNew contract
AED 110,000/yr12 months · AED 112 per sqft
15 Oct 2014RentedNew contract
AED 115,000/yr12 months · AED 117 per sqft
10 Aug 2009Sold by developerReady
AED 2,600,000AED 2,650 per sqft

Source: Dubai Land Department. Updated 13 March 2020.

Key facts

Type
1-bed apartment
Size
981 sqft
Floor
1st of 3
Parking
B-2734
Developer
Emaar
Completed
2006
Service charge
AED 21,500 /yr
Last sold
AED 2.6M · August 2009
Building
Zaafaran 5

About 105, Zaafaran 5

105 is a one-bedroom apartment of 981 sqft on the 1st floor of Zaafaran 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 10 August 2009 for AED 2,600,000, or AED 2,650 per sqft, in line with the AED 2,694 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 13 March 2020, is AED 80,000 a year: a gross yield of 3.1% on the 2009 price, before the service charge of about AED 21,500 a year.

Sales and rents for 105 over time

Rents
Unit 105, each contractTypical one-bed in Zaafaran 5
80K100K120K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 95,000; 2014 AED 115,000; 2015 AED 115,000; 2016 AED 114,000; 2017 AED 110,000; 2018 AED 101,000; 2019 AED 78,000; 2020 AED 75,000; 2021 AED 73,875; 2022 AED 78,750; 2023 AED 84,891; 2024 AED 92,328; 2025 AED 115,000; 2026 AED 111,000New contract, October 2014: AED 115,000 a yearNew contract, August 2016: AED 110,000 a yearRenewal, March 2019: AED 87,000 a yearRenewal, March 2020: AED 80,000 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 5, and where 105 sits

All 38 1-beds →

105 last sold in August 2009 at AED 2,650 per sqft, in line with what one-beds in Zaafaran 5 were fetching at the time (AED 2,694). 105's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 20092,600,000
24 Aug 20092,600,000
10 Aug 20092,600,000
10 Aug 20092,600,000
0 1-bed sales in the last 12 months

Zaafaran 5

Building

42 apartments, 1-bed to 2-bed over 3 floors in The Old Town, completed in 2006 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 112K /yr
Typical yield
Zaafaran 5, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 42 units in Zaafaran 5
Value
1011-bedAED 2.6M · Jul 2009
1021-bedAED 2.6M · Aug 2009
1031-bedAED 2.6M · Aug 2009
1041-bedAED 2.6M · Aug 2009
1061-bedAED 2.6M · Aug 2009
1071-bedAED 2.6M · Aug 2009
1081-bedAED 2.6M · Aug 2009
1–7 of 11

105, Zaafaran 5 in numbers

  • Sold once: by Emaar on 10 August 2009 for AED 2,600,000, or AED 2,650 per sqft.
  • Rented since October 2014 on 4 Ejari contracts, from AED 115,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2009 price is 3.1%, before a service charge of about AED 21,500 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 13 March 2020.

Questions about 105, Zaafaran 5

What did unit 105 last sell for?

AED 2,600,000 on 10 August 2009, sold by the developer: AED 2,650 per sqft for 981 sqft. It is the only registered sale of the unit.

What is the rent for unit 105?

AED 80,000 a year on the contract renewed on 13 March 2020. The previous contract, from March 2019, was AED 87,000; the unit has been rented since October 2014.

How big is unit 105?

981 sqft (91.1 sqm): a one-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 105 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 105, Zaafaran 5

Starts from the last sale price (AED 2.6M, 10 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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