2-bed · 1,293 sqftZaafaran 2, The Old Town · 1st floor · completed 2006

110, Zaafaran 2

Sold prices and rental history: sold once, by the developer in November 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 110 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.04M21 November 2011
Current rentAED 168K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 110, Zaafaran 2

What is 110 worth today?

Last sold for AED 1,039,944 in 2011

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1 Nov 2024RentedRenewal
AED 168,000/yr12 months · AED 130 per sqft
1 Nov 2023RentedNew contract
AED 160,000/yr12 months · AED 124 per sqft
1 Oct 2021RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
10 Feb 2020RentedNew contract
AED 95,000/yr12 months · AED 74 per sqft
15 Oct 2017RentedRenewal
AED 140,000/yr12 months · AED 108 per sqft
15 Oct 2016RentedNew contract
AED 140,000/yr12 months · AED 108 per sqft
1 Sep 2015RentedNew contract
AED 155,000/yr12 months · AED 120 per sqft
1 Sep 2014RentedNew contract
AED 150,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
1st of 3
Parking
B-2759
Developer
Emaar
Completed
2006
Service charge
AED 24,200 /yr
Last sold
AED 1.04M · November 2011
Building
Zaafaran 2

About 110, Zaafaran 2

110 is a two-bedroom apartment of 1,293 sqft on the 1st floor of Zaafaran 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 21 November 2011 for AED 1,039,944, or AED 804 per sqft, 41% below the AED 1,354 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 168,000 a year: a gross yield of 16.2% on the 2011 price, before the service charge of about AED 24,200 a year.

Sales and rents for 110 over time

Sales
Unit 110, each saleTypical two-bed in Zaafaran 2
2M20092013201720212025Typical sale price by year: 2009 AED 1,774,888; 2010 AED 1,744,888; 2011 AED 1,714,888; 2014 AED 3,300,000; 2024 AED 3,075,000Sold by developer, November 2011: AED 1,039,944 (AED 804 per sqft)

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

Rents
Unit 110, each contractTypical two-bed in Zaafaran 2
100K200K2013201720212025Typical rent by year: 2013 AED 135,000; 2014 AED 155,000; 2015 AED 162,314; 2016 AED 157,500; 2017 AED 145,000; 2018 AED 145,000; 2019 AED 135,000; 2020 AED 130,000; 2021 AED 115,000; 2022 AED 115,000; 2023 AED 160,000; 2024 AED 168,000; 2025 AED 172,500; 2026 AED 215,000New contract, August 2013: AED 135,000 a yearNew contract, September 2014: AED 150,000 a yearNew contract, September 2015: AED 155,000 a yearNew contract, October 2016: AED 140,000 a yearRenewal, October 2017: AED 140,000 a yearNew contract, February 2020: AED 95,000 a yearNew contract, October 2021: AED 110,000 a yearNew contract, November 2023: AED 160,000 a yearRenewal, November 2024: AED 168,000 a year

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

2-beds in Zaafaran 2, and where 110 sits

All 14 2-beds →

110 last sold in November 2011 at AED 804 per sqft, 41% below what two-beds in Zaafaran 2 were fetching at the time (AED 1,354). 110's AED 168,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Nov 20241,150,000
3 Jun 20243,075,000
16 Jan 20243,750,000
30 Mar 20221,468,000
0 2-bed sales in the last 12 months

Zaafaran 2

Building

45 apartments, 1-bed to 2-bed over 3 floors in The Old Town, completed in 2006 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 2,178
Typical sale
AED 2M
Typical rent
AED 174K /yr
Typical yield
4.8%
Zaafaran 2, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 45 units in Zaafaran 2
Value
1011-bedAED 2.4M · Feb 2024
1022-bedAED 1.47M · Mar 2022
1032-bedAED 3.05M · Apr 2014
1041-bedAED 2.33M · Dec 2016
1051-bedAED 1.03M · Dec 2009
1061-bedAED 1.88M · Aug 2014
1071-bedAED 2.22M · Nov 2023
1–7 of 12

110, Zaafaran 2 in numbers

  • Sold once: by Emaar on 21 November 2011 for AED 1,039,944, or AED 804 per sqft.
  • Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 95,000 in 2020 and recovered to AED 168,000 by November 2024.
  • At AED 168,000 a year the gross yield on the 2011 price is 16.2%, before a service charge of about AED 24,200 a year (AED 18.75 per sqft).

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 110, Zaafaran 2

What did unit 110 last sell for?

AED 1,039,944 on 21 November 2011, sold by the developer: AED 804 per sqft for 1,293 sqft. It is the only registered sale of the unit.

What is the rent for unit 110?

AED 168,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 160,000; the unit has been rented since August 2013.

How big is unit 110?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 110 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 110, Zaafaran 2

Starts from the last sale price (AED 1.04M, 21 November 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,039,944
Deposit, UAE resident (20%)
AED 207,989
Deposit, non-resident (40%)
AED 415,978
Monthly over 25 years at 3.7%
AED 4,255

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