106, Zaafaran 5
Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 106, Zaafaran 5
What is 106 worth today?
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Source: Dubai Land Department. Updated 15 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 980 sqft
- Floor
- 1st of 3
- Parking
- B-2789
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,500 /yr
- Last sold
- AED 2.6M · August 2009
- Building
- Zaafaran 5
About 106, Zaafaran 5
106 is a one-bedroom apartment of 980 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 2,653 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 2013 on 10 Ejari contracts. The current contract, renewed on 15 April 2024, is AED 83,160 a year: a gross yield of 3.2% on the 2009 price, before the service charge of about AED 21,500 a year.
Sales and rents for 106 over time
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 106 sits
All 38 1-beds →106 last sold in August 2009 at AED 2,653 per sqft, in line with what one-beds in Zaafaran 5 were fetching at the time (AED 2,694). 106's AED 83,160 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 200924 August 2009 | 978 sqft | 2,600,000 | 2,658 | ||
| 24 Aug 200924 August 2009 | 937 sqft | 2,600,000 | 2,774 | ||
| 10 Aug 200910 August 2009 | 938 sqft | 2,600,000 | 2,771 | ||
| 10 Aug 200910 August 2009 | 931 sqft | 2,600,000 | 2,792 |
Zaafaran 5
Building42 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
Other units on the 1st floor
All 42 units in Zaafaran 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 875 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 110,000 /yr | |
| 102 | 1-bed | 978 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 120,000 /yr | |
| 103 | 1-bed | 938 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 120,000 /yr | |
| 104 | 1-bed | 937 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 106,000 /yr | |
| 105 | 1-bed | 981 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 80,000 /yr | |
| 107 | 1-bed | 984 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 96,266 /yr | |
| 108 | 1-bed | 994 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 125,000 /yr | |
| 109 | 1-bed | 942 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 130,000 /yr | |
| 110 | 1-bed | 939 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 99,225 /yr | |
| 111 | 1-bed | 967 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 110,000 /yr | |
| 112 | 2-bed | 1,455 sqft | AED 3.43MAED 3,425,000 · Aug 2009August 2009 | 170,000 /yr |
106, Zaafaran 5 in numbers
- Sold once: by Emaar on 10 August 2009 for AED 2,600,000, or AED 2,653 per sqft.
- Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 72,000 in 2022 and recovered to AED 83,160 by April 2024.
- At AED 83,160 a year the gross yield on the 2009 price is 3.2%, before a service charge of about AED 21,500 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 15 April 2024.
Questions about 106, Zaafaran 5
What did unit 106 last sell for?
AED 2,600,000 on 10 August 2009, sold by the developer: AED 2,653 per sqft for 980 sqft. It is the only registered sale of the unit.
What is the rent for unit 106?
AED 83,160 a year on the contract renewed on 15 April 2024. The previous contract, from April 2023, was AED 79,200; the unit has been rented since September 2013.
How big is unit 106?
980 sqft (91.0 sqm): a one-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.
What is unit 106 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 106, 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 →