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1-bed · 921 sqftZaafaran 2, The Old Town · 1st floor · completed 2006

112, Zaafaran 2

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 9 May 2023
Last soldAED 1.6M9 May 2023
Current rentAED 70K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 112, Zaafaran 2

What is 112 worth today?

Last sold for AED 1,600,000 in 2023

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9 May 2023SoldReady
AED 1,600,000AED 1,737 per sqft
1 Feb 2022RentedRenewal
AED 70,000/yr12 months · AED 76 per sqft
1 Feb 2020RentedRenewal
AED 90,000/yr12 months · AED 97 per sqft
1 Feb 2019RentedNew contract
AED 95,000/yr12 months · AED 103 per sqft
5 Nov 2013RentedNew contract
AED 115,000/yr12 months · AED 124 per sqft
15 Jul 2013SoldReady
AED 1,650,000AED 1,791 per sqft
28 Nov 2010Sold by developerReady
AED 2,100,000AED 2,280 per sqft

Source: Dubai Land Department. Updated 9 May 2023.

Key facts

Type
1-bed apartment
Size
921 sqft
Floor
1st of 3
Parking
B-2610
Developer
Emaar
Completed
2006
Service charge
AED 17,300 /yr
Last sold
AED 1.6M · May 2023
Building
Zaafaran 2

About 112, Zaafaran 2

112 is a one-bedroom apartment of 921 sqft on the 1st floor of Zaafaran 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 9 May 2023 for AED 1,600,000, or AED 1,737 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 70,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 17,300 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical one-bed in Zaafaran 2
1M2M2008201320182023Typical sale price by year: 2008 AED 1,128,420; 2009 AED 1,298,888; 2010 AED 1,533,388; 2011 AED 1,309,888; 2012 AED 1,290,000; 2013 AED 1,822,500; 2014 AED 2,200,000; 2016 AED 2,287,500; 2023 AED 2,227,500; 2024 AED 2,300,000Sold by developer, November 2010: AED 2,100,000 (AED 2,280 per sqft)Sold, July 2013: AED 1,650,000 (AED 1,791 per sqft)Sold, May 2023: AED 1,600,000 (AED 1,737 per sqft)

112 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 112, each contractTypical one-bed in Zaafaran 2
100K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 105,000; 2014 AED 121,184; 2015 AED 127,500; 2016 AED 125,000; 2017 AED 125,000; 2018 AED 120,000; 2019 AED 92,500; 2020 AED 80,000; 2021 AED 82,500; 2022 AED 92,500; 2023 AED 108,750; 2024 AED 120,000; 2025 AED 115,000New contract, November 2013: AED 115,000 a yearNew contract, February 2019: AED 95,000 a yearRenewal, February 2020: AED 90,000 a yearRenewal, February 2022: AED 70,000 a year

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

1-beds in Zaafaran 2, and where 112 sits

All 28 1-beds →

Over the last 12 months one-beds sold for AED 2,000,000, around AED 2,178 per sqft, and rent for AED 117,000 to 135,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Dec 20252,000,000
12 Feb 20253,000,000
9 Sep 20242,300,000
4 Sep 20241,750,000
1 1-bed sale 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

112, Zaafaran 2 in numbers

  • Sold 3 times: first on 28 November 2010 for AED 2,100,000, last on 9 May 2023 for AED 1,600,000 (AED 1,737 per sqft).
  • Rented since November 2013 on 4 Ejari contracts, from AED 115,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 17,300 a year (AED 18.75 per sqft).
  • One-beds in Zaafaran 2 sold for AED 2,000,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,178 per sqft.

Source: Dubai Land Department. Updated 9 May 2023.

Questions about 112, Zaafaran 2

What did unit 112 last sell for?

AED 1,600,000 on 9 May 2023: AED 1,737 per sqft for 921 sqft. The unit has 3 registered sales; the first was AED 2,100,000 in November 2010.

What is the rent for unit 112?

AED 70,000 a year on the contract renewed on 1 February 2022. The previous contract, from February 2020, was AED 90,000; the unit has been rented since November 2013.

How big is unit 112?

921 sqft (85.6 sqm): a one-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Zaafaran 2 sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 2,178 per sqft.

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Mortgage on 112, Zaafaran 2

Starts from the last sale price (AED 1.6M, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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