938 sqftZaafaran 5, The Old Town · 2nd floor · completed 2006

203, Zaafaran 5

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 2.6M10 August 2009
Current rentAED 120K /yr10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Zaafaran 5

What is 203 worth today?

Last sold for AED 2,600,000 in 2009

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10 Sep 2025RentedNew contract
AED 120,000/yr12 months · AED 128 per sqft
15 Jun 2022RentedNew contract
AED 95,000/yr12 months · AED 101 per sqft
27 Oct 2021RentedRenewal
AED 85,000/yr12 months · AED 91 per sqft
27 Oct 2020RentedRenewal
AED 80,000/yr12 months · AED 85 per sqft
27 Oct 2019RentedRenewal
AED 90,000/yr12 months · AED 96 per sqft
1 Oct 2016RentedNew contract
AED 112,000/yr12 months · AED 120 per sqft
10 Sep 2015RentedNew contract
AED 120,000/yr12 months · AED 128 per sqft
10 Aug 2009Sold by developerReady
AED 2,600,000AED 2,771 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
Apartment
Size
938 sqft
Floor
2nd of 3
Parking
B-2743
Developer
Emaar
Completed
2006
Service charge
AED 20,600 /yr
Last sold
AED 2.6M · August 2009
Building
Zaafaran 5

About 203, Zaafaran 5

203 is an apartment of 938 sqft on the 2nd 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 2,771 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 10 September 2025, is AED 120,000 a year: a gross yield of 4.6% on the 2009 price, before the service charge of about AED 20,600 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 2nd floor

All 42 units in Zaafaran 5
Value
201AED 2.6M · Aug 2009
202AED 2.6M · Aug 2009
204AED 2.6M · Jul 2009
205AED 2.6M · Jul 2009
206AED 2.6M · Jul 2009
207AED 2.6M · Jul 2009
208AED 2.6M · Jul 2009
1–7 of 11

203, Zaafaran 5 in numbers

  • Sold once: by Emaar on 10 August 2009 for AED 2,600,000, or AED 2,771 per sqft.
  • Rented since September 2015 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 80,000 in 2020 and recovered to AED 120,000 by September 2025.
  • At AED 120,000 a year the gross yield on the 2009 price is 4.6%, before a service charge of about AED 20,600 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 10 September 2025.

Questions about 203, Zaafaran 5

What did unit 203 last sell for?

AED 2,600,000 on 10 August 2009, sold by the developer: AED 2,771 per sqft for 938 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 120,000 a year on the contract signed on 10 September 2025. The previous contract, from June 2022, was AED 95,000; the unit has been rented since September 2015.

How big is unit 203?

938 sqft (87.1 sqm): an apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 203 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 203, 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 →