1,184 sqftZaafaran 5, The Old Town · 1st floor · completed 2006

109, 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 109 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 2.6M9 August 2009
Current rentAED 86K /yr25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Zaafaran 5

What is 109 worth today?

Last sold for AED 2,600,000 in 2009

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25 Mar 2024RentedRenewal
AED 85,995/yr12 months · AED 91 per sqft
25 Mar 2023RentedRenewal
AED 81,900/yr12 months · AED 86 per sqft
25 Mar 2022RentedRenewal
AED 78,000/yr12 months · AED 82 per sqft
25 Mar 2020RentedRenewal
AED 78,000/yr12 months · AED 82 per sqft
25 Mar 2019RentedNew contract
AED 81,000/yr12 months · AED 86 per sqft
2 Mar 2018RentedNew contract
AED 107,000/yr12 months · AED 113 per sqft
15 Feb 2017RentedNew contract
AED 112,000/yr12 months · AED 118 per sqft
27 Nov 2013RentedNew contract
AED 95,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
Apartment
Size
1,184 sqft
Floor
1st of 3
Parking
B-2738
Developer
Emaar
Completed
2006
Service charge
AED 26,000 /yr
Last sold
AED 2.6M · August 2009
Building
Zaafaran 5

About 109, Zaafaran 5

109 is an apartment of 1,184 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 2,760 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 25 March 2024, is AED 85,995 a year: a gross yield of 3.3% on the 2009 price, before the service charge of about AED 26,000 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

109, Zaafaran 5 in numbers

  • Sold once: by Emaar on 9 August 2009 for AED 2,600,000, or AED 2,760 per sqft.
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 78,000 in 2022 and recovered to AED 85,995 by March 2024.
  • At AED 85,995 a year the gross yield on the 2009 price is 3.3%, before a service charge of about AED 26,000 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 25 March 2024.

Questions about 109, Zaafaran 5

What did unit 109 last sell for?

AED 2,600,000 on 9 August 2009, sold by the developer: AED 2,760 per sqft for 1,184 sqft. It is the only registered sale of the unit.

What is the rent for unit 109?

AED 85,995 a year on the contract renewed on 25 March 2024. The previous contract, from March 2023, was AED 81,900; the unit has been rented since November 2013.

How big is unit 109?

1,184 sqft (110.0 sqm): an apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 109 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 109, 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 →