111, Zaafaran 5
Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, Zaafaran 5
What is 111 worth today?
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Source: Dubai Land Department. Updated 25 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 967 sqft
- Floor
- 1st of 3
- Parking
- B-2740
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,200 /yr
- Last sold
- AED 2.6M · August 2009
- Building
- Zaafaran 5
About 111, Zaafaran 5
111 is a one-bedroom apartment of 967 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 9 August 2009 for AED 2,600,000, or AED 2,688 per sqft, in line with the AED 2,691 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 25 October 2024, is AED 110,000 a year: a gross yield of 4.2% on the 2009 price, before the service charge of about AED 21,200 a year.
Sales and rents for 111 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 111 sits
All 38 1-beds →111 last sold in August 2009 at AED 2,688 per sqft, in line with what one-beds in Zaafaran 5 were fetching at the time (AED 2,691). 111's AED 110,000 is in the lower half 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 | |
| 106 | 1-bed | 980 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 83,160 /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 | |
| 112 | 2-bed | 1,455 sqft | AED 3.43MAED 3,425,000 · Aug 2009August 2009 | 170,000 /yr |
111, Zaafaran 5 in numbers
- Sold once: by Emaar on 9 August 2009 for AED 2,600,000, or AED 2,688 per sqft.
- Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 105,000 to AED 70,000 in 2021 and recovered to AED 110,000 by October 2024.
- At AED 110,000 a year the gross yield on the 2009 price is 4.2%, before a service charge of about AED 21,200 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 25 October 2024.
Questions about 111, Zaafaran 5
What did unit 111 last sell for?
AED 2,600,000 on 9 August 2009, sold by the developer: AED 2,688 per sqft for 967 sqft. It is the only registered sale of the unit.
What is the rent for unit 111?
AED 110,000 a year on the contract signed on 25 October 2024. The previous contract, from May 2024, was AED 105,000; the unit has been rented since November 2017.
How big is unit 111?
967 sqft (89.8 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.
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Mortgage on 111, Zaafaran 5
Starts from the last sale price (AED 2.6M, 9 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 →