1-bed · 969 sqftZaafaran 2, The Old Town · 1st floor · completed 2006

113, Zaafaran 2

Sold prices and rental history: sold twice, last in February 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 19 June 2024
Last soldAED 1.38M9 February 2022
Current rentAED 130K /yr19 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, Zaafaran 2

What is 113 worth today?

Last sold for AED 1,375,000 in 2022

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19 Jun 2024RentedRenewal
AED 130,000/yr12 months · AED 134 per sqft
19 Jun 2023RentedNew contract
AED 130,000/yr12 months · AED 134 per sqft
14 Mar 2022RentedNew contract
AED 135,000/yr48 months · AED 139 per sqft
9 Feb 2022SoldReady
AED 1,375,000AED 1,419 per sqft
6 Sep 2011Sold by developerReady
AED 1,255,888AED 1,296 per sqft

Source: Dubai Land Department. Updated 19 June 2024.

Key facts

Type
1-bed apartment
Size
969 sqft
Floor
1st of 3
Parking
B-2611
Developer
Emaar
Completed
2006
Service charge
AED 18,200 /yr
Last sold
AED 1.38M · February 2022
Building
Zaafaran 2

About 113, Zaafaran 2

113 is a one-bedroom apartment of 969 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 February 2022 for AED 1,375,000, or AED 1,419 per sqft.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 19 June 2024, is AED 130,000 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 18,200 a year.

Sales and rents for 113 over time

Sales
Unit 113, 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, September 2011: AED 1,255,888 (AED 1,296 per sqft)Sold, February 2022: AED 1,375,000 (AED 1,419 per sqft)

113 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 113, each contractTypical one-bed in Zaafaran 2
75K100K125K2012201620202024Typical 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, March 2022: AED 135,000 a yearNew contract, June 2023: AED 130,000 a yearRenewal, June 2024: AED 130,000 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 113 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

113, Zaafaran 2 in numbers

  • Sold twice: first on 6 September 2011 for AED 1,255,888, last on 9 February 2022 for AED 1,375,000 (AED 1,419 per sqft).
  • Rented since March 2022 on 3 Ejari contracts, from AED 135,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 9.4%, before a service charge of about AED 18,200 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 19 June 2024.

Questions about 113, Zaafaran 2

What did unit 113 last sell for?

AED 1,375,000 on 9 February 2022: AED 1,419 per sqft for 969 sqft. The unit has 2 registered sales; the first was AED 1,255,888 in September 2011.

What is the rent for unit 113?

AED 130,000 a year on the contract renewed on 19 June 2024. The previous contract, from June 2023, was AED 130,000; the unit has been rented since March 2022.

How big is unit 113?

969 sqft (90.0 sqm): a one-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 113 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 113, Zaafaran 2

Starts from the last sale price (AED 1.38M, 9 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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