1-bed · 864 sqftZaafaran 2, The Old Town · 2nd floor · completed 2006

211, Zaafaran 2

Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 1.1M26 October 2011
Current rentAED 93K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Zaafaran 2

What is 211 worth today?

Last sold for AED 1,100,000 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Sep 2024RentedRenewal
AED 92,500/yr12 months · AED 107 per sqft
5 Sep 2023RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft
15 Oct 2020RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft
22 Jul 2019RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft
22 Jul 2018RentedNew contract
AED 80,000/yr12 months · AED 93 per sqft
26 Oct 2011SoldReady
AED 1,100,000AED 1,273 per sqft
23 Dec 2008Sold by developerReady
AED 1,084,888AED 1,255 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
1-bed apartment
Size
864 sqft
Floor
2nd of 3
Parking
B-2617 ,B-2561
Developer
Emaar
Completed
2006
Service charge
AED 16,200 /yr
Last sold
AED 1.1M · October 2011
Building
Zaafaran 2

About 211, Zaafaran 2

211 is a one-bedroom apartment of 864 sqft on the 2nd floor of Zaafaran 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 26 October 2011 for AED 1,100,000, or AED 1,273 per sqft, in line with the AED 1,305 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 5 September 2024, is AED 92,500 a year: a gross yield of 8.4% on the 2011 price, before the service charge of about AED 16,200 a year.

Sales and rents for 211 over time

Sales
Unit 211, 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, December 2008: AED 1,084,888 (AED 1,255 per sqft)Sold, October 2011: AED 1,100,000 (AED 1,273 per sqft)

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

Rents
Unit 211, 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, July 2018: AED 80,000 a yearRenewal, July 2019: AED 80,000 a yearNew contract, October 2020: AED 65,000 a yearNew contract, September 2023: AED 90,000 a yearRenewal, September 2024: AED 92,500 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 211 sits

All 28 1-beds →

211 last sold in October 2011 at AED 1,273 per sqft, in line with what one-beds in Zaafaran 2 were fetching at the time (AED 1,305). 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 2nd floor

All 45 units in Zaafaran 2
Value
2011-bedAED 1.75M · Dec 2013
2022-bedAED 2.65M · Aug 2016
2032-bedAED 3.08M · Jun 2024
2041-bedAED 2.24M · Oct 2023
2051-bedAED 1.29M · Sep 2012
2061-bedAED 2M · Dec 2025
2071-bedAED 1.42M · Apr 2020
1–7 of 12

211, Zaafaran 2 in numbers

  • Sold twice: first on 23 December 2008 for AED 1,084,888, last on 26 October 2011 for AED 1,100,000 (AED 1,273 per sqft).
  • Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2020 and recovered to AED 92,500 by September 2024.
  • At AED 92,500 a year the gross yield on the 2011 price is 8.4%, before a service charge of about AED 16,200 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 5 September 2024.

Questions about 211, Zaafaran 2

What did unit 211 last sell for?

AED 1,100,000 on 26 October 2011: AED 1,273 per sqft for 864 sqft. The unit has 2 registered sales; the first was AED 1,084,888 in December 2008.

What is the rent for unit 211?

AED 92,500 a year on the contract renewed on 5 September 2024. The previous contract, from September 2023, was AED 90,000; the unit has been rented since July 2018.

How big is unit 211?

864 sqft (80.3 sqm): a one-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 211 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.

Selling 211? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 211, Zaafaran 2

Starts from the last sale price (AED 1.1M, 26 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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