205, Zaafaran 5
Sold prices and rental history: sold once, by the developer in July 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 205, Zaafaran 5
What is 205 worth today?
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Source: Dubai Land Department. Updated 25 April 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 981 sqft
- Floor
- 2nd of 3
- Parking
- B-2745
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,500 /yr
- Last sold
- AED 2.6M · July 2009
- Building
- Zaafaran 5
About 205, Zaafaran 5
205 is a one-bedroom apartment of 981 sqft on the 2nd floor of Zaafaran 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 30 July 2009 for AED 2,600,000, or AED 2,650 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 4 Ejari contracts. The current contract, renewed on 25 April 2021, is AED 62,000 a year: a gross yield of 2.4% on the 2009 price, before the service charge of about AED 21,500 a year.
Sales and rents for 205 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 205 sits
All 38 1-beds →205 last sold in July 2009 at AED 2,650 per sqft, in line with what one-beds in Zaafaran 5 were fetching at the time (AED 2,691). 205's AED 62,000 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 2nd floor
All 42 units in Zaafaran 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 875 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 105,000 /yr | |
| 202 | 1-bed | 978 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 92,549 /yr | |
| 203 | 1-bed | 938 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 105,000 /yr | |
| 204 | 1-bed | 937 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 115,000 /yr | |
| 206 | 1-bed | 980 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 106,000 /yr | |
| 207 | 1-bed | 984 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 105,000 /yr | |
| 208 | 1-bed | 994 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 90,717 /yr | |
| 209 | 1-bed | 942 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 110,000 /yr | |
| 210 | 1-bed | 939 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 110,000 /yr | |
| 211 | 1-bed | 967 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 90,000 /yr | |
| 212 | 2-bed | 1,455 sqft | AED 3.43MAED 3,425,000 · Aug 2009August 2009 | 165,000 /yr |
205, Zaafaran 5 in numbers
- Sold once: by Emaar on 30 July 2009 for AED 2,600,000, or AED 2,650 per sqft.
- Rented since April 2017 on 4 Ejari contracts, from AED 108,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2009 price is 2.4%, before a service charge of about AED 21,500 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 25 April 2021.
Questions about 205, Zaafaran 5
What did unit 205 last sell for?
AED 2,600,000 on 30 July 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 205?
AED 62,000 a year on the contract renewed on 25 April 2021. The previous contract, from April 2020, was AED 68,000; the unit has been rented since April 2017.
How big is unit 205?
981 sqft (91.1 sqm): a one-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.
What is unit 205 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 205, Zaafaran 5
Starts from the last sale price (AED 2.6M, 30 July 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 →