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3-bed · 2,155 sqftZaafaran 1, The Old Town · 2nd floor · completed 2006

209, Zaafaran 1

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.

Unit 209 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 3.11M2 August 2009
Current rentAED 280K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 209, Zaafaran 1

What is 209 worth today?

Last sold for AED 3,106,888 in 2009

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10 Mar 2025RentedRenewal
AED 280,000/yr12 months · AED 130 per sqft
10 Mar 2024RentedNew contract
AED 280,000/yr12 months · AED 130 per sqft
1 Mar 2023RentedNew contract
AED 270,000/yr12 months · AED 125 per sqft
6 Dec 2020RentedNew contract
AED 185,000/yr12 months · AED 86 per sqft
8 Dec 2019RentedRenewal
AED 195,000/yr12 months · AED 91 per sqft
8 Dec 2018RentedNew contract
AED 210,000/yr12 months · AED 98 per sqft
1 Oct 2018RentedRenewal
AED 240,000/yr2 months · AED 111 per sqft
1 Oct 2017RentedNew contract
AED 240,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
3-bed apartment
Size
2,155 sqft
Floor
2nd of 4
Parking
B-2664-2665
Developer
Emaar
Completed
2006
Service charge
AED 47,300 /yr
Last sold
AED 3.11M · August 2009
Building
Zaafaran 1

About 209, Zaafaran 1

209 is a three-bedroom apartment of 2,155 sqft on the 2nd floor of Zaafaran 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 2 August 2009 for AED 3,106,888, or AED 1,441 per sqft.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 280,000 a year: a gross yield of 9.0% on the 2009 price, before the service charge of about AED 47,300 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical three-bed in Zaafaran 1
3.05M3.1M20092010201120122013Typical sale price by year: 2009 AED 3,033,388; 2010 AED 3,106,388; 2012 AED 3,100,000Sold by developer, August 2009: AED 3,106,888 (AED 1,441 per sqft)

209 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 209, each contractTypical three-bed in Zaafaran 1
200K300K2013201720212025Typical rent by year: 2013 AED 240,000; 2014 AED 245,000; 2015 AED 250,000; 2017 AED 247,500; 2018 AED 210,000; 2019 AED 215,000; 2020 AED 200,000; 2021 AED 182,500; 2022 AED 165,000; 2023 AED 232,500; 2024 AED 200,000New contract, August 2013: AED 270,000 a yearRenewal, September 2014: AED 270,000 a yearRenewal, September 2015: AED 270,000 a yearRenewal, September 2016: AED 270,000 a yearNew contract, October 2017: AED 240,000 a yearRenewal, October 2018: AED 240,000 a yearNew contract, December 2018: AED 210,000 a yearRenewal, December 2019: AED 195,000 a yearNew contract, December 2020: AED 185,000 a yearNew contract, March 2023: AED 270,000 a yearNew contract, March 2024: AED 280,000 a yearRenewal, March 2025: AED 280,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Zaafaran 1, and where 209 sits

All 8 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
25 May 20233,800,000
4 Jul 20226,100,000
20 Mar 20164,300,000
24 Nov 20134,550,000
0 3-bed sales in the last 12 months

Zaafaran 1

Building

45 apartments, 1-bed to 3-bed over 4 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 173K /yr
Typical yield
Zaafaran 1, The Old Town: prices, sales and rents →

Other units on the 2nd floor

All 45 units in Zaafaran 1
Value
2011-bedAED 1.79M · Dec 2024
2021-bedAED 983K · Jul 2010
2032-bedAED 2.63M · Nov 2023
2042-bedAED 1.69M · Jul 2012
2053-bedAED 1.35M · Aug 2009
2061-bedAED 1.6M · Jan 2019
2071-bedAED 1.69M · Mar 2018
1–7 of 10

209, Zaafaran 1 in numbers

  • Sold once: by Emaar on 2 August 2009 for AED 3,106,888, or AED 1,441 per sqft.
  • Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 270,000 to AED 185,000 in 2020 and recovered to AED 280,000 by March 2025.
  • At AED 280,000 a year the gross yield on the 2009 price is 9.0%, before a service charge of about AED 47,300 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 10 March 2025.

Questions about 209, Zaafaran 1

What did unit 209 last sell for?

AED 3,106,888 on 2 August 2009, sold by the developer: AED 1,441 per sqft for 2,155 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 280,000 a year on the contract renewed on 10 March 2025. The previous contract, from March 2024, was AED 280,000; the unit has been rented since August 2013.

How big is unit 209?

2,155 sqft (200.2 sqm): a three-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2006.

What is unit 209 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 209, Zaafaran 1

Starts from the last sale price (AED 3.11M, 2 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,106,888
Deposit, UAE resident (20%)
AED 621,378
Deposit, non-resident (40%)
AED 1,242,755
Monthly over 25 years at 3.7%
AED 12,711

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