408, Zaafaran 1
Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Zaafaran 1
What is 408 worth today?
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Source: Dubai Land Department. Updated 15 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,075 sqft
- Floor
- 4th of 4
- Parking
- B-2640, B1-2670, B-2726, B2727, B2725
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 45,500 /yr
- Last sold
- AED 2.24M · September 2010
- Building
- Zaafaran 1
About 408, Zaafaran 1
408 is a two-bedroom apartment of 2,075 sqft on the 4th floor of Zaafaran 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 14 September 2010 for AED 2,244,888, or AED 1,081 per sqft, 11% below the AED 1,212 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 October 2025, is AED 270,000 a year: a gross yield of 12.0% on the 2010 price, before the service charge of about AED 45,500 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Zaafaran 1, and where 408 sits
All 18 2-beds →408 last sold in September 2010 at AED 1,081 per sqft, 11% below what two-beds in Zaafaran 1 were fetching at the time (AED 1,212). 408's AED 270,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202522 July 2025 | 1,632 sqft | 3,400,000 | 2,083 | ||
| 5 Dec 20245 December 2024 | 1,335 sqft | 3,200,000 | 2,396 | ||
| 8 May 20248 May 2024 | 1,338 sqft | 2,550,000 | 1,905 | ||
| 22 Feb 202422 February 2024 | 2,394 sqft | 3,700,000 | 1,545 |
Zaafaran 1
Building45 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
Other units on the 4th floor
All 45 units in Zaafaran 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,486 sqft | AED 1.9MAED 1,900,000 · Jan 2012January 2012 | 190,000 /yr | |
| 409 | 3-bed | 2,159 sqft | AED 2.88MAED 2,875,888 · Jan 2011January 2011 | 200,000 /yr | |
| 410 | 2-bed | 1,259 sqft | AED 1.65MAED 1,650,000 · Mar 2018March 2018 | 173,000 /yr | |
| 411 | 1-bed | 951 sqft | AED 1.53MAED 1,530,888 · Sep 2010September 2010 | 120,750 /yr |
408, Zaafaran 1 in numbers
- Sold once: by Emaar on 14 September 2010 for AED 2,244,888, or AED 1,081 per sqft.
- Rented since April 2022 on 4 Ejari contracts, from AED 255,000 to AED 270,000 a year.
- At AED 270,000 a year the gross yield on the 2010 price is 12.0%, before a service charge of about AED 45,500 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 15 October 2025.
Questions about 408, Zaafaran 1
What did unit 408 last sell for?
AED 2,244,888 on 14 September 2010, sold by the developer: AED 1,081 per sqft for 2,075 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 270,000 a year on the contract renewed on 15 October 2025. The previous contract, from October 2024, was AED 270,000; the unit has been rented since April 2022.
How big is unit 408?
2,075 sqft (192.8 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2006.
What is unit 408 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 408, Zaafaran 1
Starts from the last sale price (AED 2.24M, 14 September 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,244,888
- Deposit, UAE resident (20%)
- AED 448,978
- Deposit, non-resident (40%)
- AED 897,955
- Monthly over 25 years at 3.7%
- AED 9,185
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →