1,596 sqftZaafaran 5, The Old Town · 1st floor · completed 2006

108, Zaafaran 5

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 2.6M9 August 2009
Current rentAED 125K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Zaafaran 5

What is 108 worth today?

Last sold for AED 2,600,000 in 2009

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1 Dec 2024RentedNew contract
AED 125,000/yr12 months · AED 78 per sqft
26 May 2023RentedRenewal
AED 79,200/yr12 months · AED 80 per sqft
26 May 2021RentedNew contract
AED 68,000/yr12 months · AED 69 per sqft
22 Feb 2020RentedNew contract
AED 80,000/yr12 months · AED 81 per sqft
1 Jul 2018RentedNew contract
AED 105,000/yr12 months · AED 106 per sqft
9 Aug 2009Sold by developerReady
AED 2,600,000AED 2,615 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
Apartment
Size
1,596 sqft
Floor
1st of 3
Parking
B-2735
Developer
Emaar
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 2.6M · August 2009
Building
Zaafaran 5

About 108, Zaafaran 5

108 is an apartment of 1,596 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 9 August 2009 for AED 2,600,000, or AED 2,615 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 December 2024, is AED 125,000 a year: a gross yield of 4.8% on the 2009 price, before the service charge of about AED 35,000 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
106AED 2.6M · Aug 2009
107AED 2.6M · Aug 2009
1–7 of 11

108, Zaafaran 5 in numbers

  • Sold once: by Emaar on 9 August 2009 for AED 2,600,000, or AED 2,615 per sqft.
  • Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 68,000 in 2021 and recovered to AED 125,000 by December 2024.
  • At AED 125,000 a year the gross yield on the 2009 price is 4.8%, before a service charge of about AED 35,000 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 108, Zaafaran 5

What did unit 108 last sell for?

AED 2,600,000 on 9 August 2009, sold by the developer: AED 2,615 per sqft for 1,596 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 125,000 a year on the contract signed on 1 December 2024. The previous contract, from May 2023, was AED 79,200; the unit has been rented since July 2018.

How big is unit 108?

1,596 sqft (148.3 sqm): an apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 108 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 108, Zaafaran 5

Starts from the last sale price (AED 2.6M, 9 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 →