Zaafaran 2
One-beds to two-beds in The Old Town. 1 apartment sold in the last 12 months; every sale, rent and unit is below.
About Zaafaran 2
Zaafaran 2 is a low‑rise residential building within the Old Town cluster of Downtown Dubai, a walkable pocket known for sand‑toned facades, wind‑tower motifs and intimate lanes. Set just off the main boulevard network, it offers a traditional Arabian streetscape in the heart of the city’s flagship district near The Dubai Mall and Burj Khalifa. Homes here are primarily one‑ and two‑bedroom apartments arranged across a few levels, reflecting Old Town’s human‑scale planning. Exteriors follow the community’s heritage aesthetic, while interiors are contemporary, with modern fittings and practical layouts. Many apartments include balconies or terraces overlooking landscaped courtyards; select units enjoy skyline or Burj Khalifa views depending on orientation. Residents have access to shared lifestyle facilities typical of Old Town, including an outdoor swimming pool, a gym and landscaped communal areas. The building provides basement parking, 24‑hour security, concierge services and on‑site maintenance. Daily needs are well covered by nearby supermarkets, cafés and casual dining along the boulevard and at the adjacent souk‑style retail destinations. Nursery options and clinics operate within a short drive elsewhere in Downtown. Connectivity is a key advantage. Burj Khalifa/Dubai Mall Metro Station is a short drive away, and local bus stops serve the surrounding hotels and residential blocks. By car, residents can reach Business Bay, DIFC and Al Wasl via the surrounding boulevard network and major arterials. Cultural and leisure venues such as Dubai Opera, the Dubai Fountain and Souk Al Bahar are close by, adding to the area’s lively yet community‑oriented atmosphere. Overall, Zaafaran 2 suits those seeking low‑rise apartment living with character, set within a central address that balances neighborhood calm with immediate access to Downtown Dubai’s landmarks and amenities.
45 apartments over 3 floors: 28 one-beds of 864 to 2,892 sqft and 14 two-beds of 1,035 to 2,164 sqft. The service charge is AED 18.75 per sqft a year.
1 apartment sold in the 12 months to February 2026, at a median of AED 2,178 per sqft. 7 rental contracts were registered over the same 12 months, at a typical AED 174,000 a year.
- Developer
- Emaar
- Completed
- 2006
- Floors
- 3
- Units
- 45
- Unit types
- 1-bed to 2-bed
Average prices in Zaafaran 2
- 1-bed2,000,000
In Zaafaran 2, typical sale prices over the last 12 months were around AED 2,000,000 for one-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Zaafaran 2
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in Zaafaran 2
- Completed1-bed · 917 sqft 20 Dec 2025AED 2,000,0002,179 /sqft
- Completed2,625 sqft 22 Aug 2025AED 4,300,0001,638 /sqft
- Completed1-bed · 1,201 sqft 12 Feb 2025AED 3,000,0002,498 /sqft
- Completed2-bed · 1,035 sqft 21 Nov 2024AED 1,150,0001,111 /sqft
- Completed1-bed · 1,010 sqft 09 Sep 2024AED 2,300,0002,275 /sqft
- Completed1-bed · 920 sqft 04 Sep 2024AED 1,750,0001,900 /sqft
- Completed2-bed · 1,270 sqft 03 Jun 2024AED 3,075,0002,421 /sqft
- Completed1-bed · 1,030 sqft 29 Feb 2024AED 2,400,0002,330 /sqft
- Completed2-bed · 2,164 sqft 16 Jan 2024AED 3,750,0001,733 /sqft
- Completed1-bed · 1,201 sqft 06 Dec 2023AED 2,650,0002,206 /sqft
Over the last 12 months, Zaafaran 2 has recorded 1 apartment sale. Typical homes sold for around AED 2M (about AED 2,178 per sqft) with a median size of 918 sqft; most were one-beds.
Units in Zaafaran 2
45 units- Unit 1011-bed · 1,030 sqftSold AED 2.4M, Feb 2024
- Unit 1022-bed · 1,272 sqftSold AED 1.47M, Mar 2022
- Unit 1032-bed · 1,270 sqftSold AED 3.05M, Apr 2014
- Unit 1041-bed · 1,258 sqftSold AED 2.33M, Dec 2016
- Unit 1051-bed · 896 sqftSold AED 1.03M, Dec 2009
- Unit 1061-bed · 918 sqftSold AED 1.88M, Aug 2014
- Unit 1071-bed · 1,288 sqftSold AED 2.22M, Nov 2023
- Unit 1081-bed · 1,011 sqftSold AED 2.3M, Sep 2024
- Unit 1092-bed · 1,329 sqftSold AED 2.9M, Jul 2015
- Unit 1102-bed · 1,293 sqftSold AED 1.04M, Nov 2011
Nearby buildings in The Old Town
All 35 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Zaafaran 3 | 2006 | AED 2,322 | AED 131 | 5.7% |
| Reehan 8 | 2006 | AED 2,193 | AED 137 | 6.2% |
| Kamoon 1 | 2006 | AED 2,471 | AED 131 | 5.3% |
| Reehan 7 | 2006 | AED 2,464 | AED 149 | 6.0% |
| Miska 1 | 2006 | AED 2,670 | AED 116 | 4.3% |
| Reehan 4 | 2006 | Few sales | AED 152 | |
| Zaafaran 4 | 2006 | AED 2,432 | AED 132 | 5.4% |
| Kamoon 4 | 2006 | Few sales | AED 119 | |
| Zaafaran 1 | 2006 | Few sales | AED 137 | |
| Reehan 3 | 2006 | Few sales | AED 132 |
Zaafaran 2 in numbers
- Across 1 DLD sale in the 12 months to February 2026, the median price in Zaafaran 2 was AED 2,178 per sqft and the typical home sold for about AED 2M.
- Completed in 2006 by Emaar; 3 floors of one-beds to two-beds; service charge AED 18.75 per sqft a year.
- A two-bed of 1,035 to 2,164 sqft rents for AED 170,000 to 260,000 a year on the 5 contracts registered in the last 12 months.
- Gross rental yield 4.8%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 7 February 2026.
Questions about Zaafaran 2
How much does an one-bed in Zaafaran 2 cost?
1 one-bed sold in the 12 months to February 2026; the median was AED 2,000,000, or AED 2,178 per sqft.
How much is a two-bed for rent in Zaafaran 2?
About AED 215,000 a year: that is the median of the 5 contracts for two-beds registered with Ejari in the 12 months to February 2026, from AED 170,000 to 260,000.
What is the rental yield in Zaafaran 2?
About 4.8% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in Zaafaran 2?
AED 18.75 per sqft a year. For a typical 918 sqft home that is about AED 17,200 a year.
Who built Zaafaran 2 and when?
Emaar; completed in 2006; 3 floors; 45 apartments.
How many apartments are there in Zaafaran 2?
45, one-beds to two-beds. Each has its own page with its full sales and rental history.
For sale with OpenOffers in The Old Town
No The Old Town property is on the board today. Follow The Old Town to hear the day one is listed, or see what is for sale across Dubai with every offer public.