1,474 sqftZaafaran 5, The Old Town · 1st floor · completed 2006

106, Zaafaran 5

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 2.6M10 August 2009
Current rentAED 83K /yr15 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Zaafaran 5

What is 106 worth today?

Last sold for AED 2,600,000 in 2009

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15 Apr 2024RentedRenewal
AED 83,160/yr12 months · AED 85 per sqft
15 Apr 2023RentedRenewal
AED 79,200/yr12 months · AED 81 per sqft
15 Apr 2022RentedRenewal
AED 72,000/yr12 months · AED 74 per sqft
15 Apr 2021RentedRenewal
AED 72,000/yr12 months · AED 74 per sqft
15 Apr 2019RentedNew contract
AED 78,000/yr12 months · AED 80 per sqft
28 Aug 2018RentedNew contract
AED 100,000/yr12 months · AED 102 per sqft
25 Jun 2017RentedRenewal
AED 110,000/yr12 months · AED 112 per sqft
25 Jun 2016RentedNew contract
AED 110,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 15 April 2024.

Key facts

Type
Apartment
Size
1,474 sqft
Floor
1st of 3
Parking
B-2789
Developer
Emaar
Completed
2006
Service charge
AED 32,300 /yr
Last sold
AED 2.6M · August 2009
Building
Zaafaran 5

About 106, Zaafaran 5

106 is an apartment of 1,474 sqft on the 1st floor of Zaafaran 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 10 August 2009 for AED 2,600,000, or AED 2,653 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 April 2024, is AED 83,160 a year: a gross yield of 3.2% on the 2009 price, before the service charge of about AED 32,300 a year.

Zaafaran 5

Building

42 apartments over 3 floors in The Old Town, completed in 2006 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 110K /yr
Typical yield
Zaafaran 5, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 42 units in Zaafaran 5
Value
101AED 2.6M · Jul 2009
102AED 2.6M · Aug 2009
103AED 2.6M · Aug 2009
104AED 2.6M · Aug 2009
105AED 2.6M · Aug 2009
107AED 2.6M · Aug 2009
108AED 2.6M · Aug 2009
1–7 of 11

106, Zaafaran 5 in numbers

  • Sold once: by Emaar on 10 August 2009 for AED 2,600,000, or AED 2,653 per sqft.
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 72,000 in 2022 and recovered to AED 83,160 by April 2024.
  • At AED 83,160 a year the gross yield on the 2009 price is 3.2%, before a service charge of about AED 32,300 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 15 April 2024.

Questions about 106, Zaafaran 5

What did unit 106 last sell for?

AED 2,600,000 on 10 August 2009, sold by the developer: AED 2,653 per sqft for 1,474 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 83,160 a year on the contract renewed on 15 April 2024. The previous contract, from April 2023, was AED 79,200; the unit has been rented since September 2013.

How big is unit 106?

1,474 sqft (136.9 sqm): an apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 106 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 106, Zaafaran 5

Starts from the last sale price (AED 2.6M, 10 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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