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

205, Zaafaran 5

Sold prices and rental history: sold once, by the developer in July 2009, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 25 April 2020
Last soldAED 2.6M30 July 2009
Current rentAED 68K /yr25 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 205, Zaafaran 5

What is 205 worth today?

Last sold for AED 2,600,000 in 2009

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25 Apr 2020RentedRenewal
AED 68,000/yr12 months · AED 69 per sqft
25 Apr 2019RentedNew contract
AED 78,000/yr12 months · AED 80 per sqft
1 Apr 2017RentedNew contract
AED 108,000/yr12 months · AED 110 per sqft
30 Jul 2009Sold by developerReady
AED 2,600,000AED 2,650 per sqft

Source: Dubai Land Department. Updated 25 April 2020.

Key facts

Type
Apartment
Size
981 sqft
Floor
2nd of 3
Parking
B-2745
Developer
Emaar
Completed
2006
Service charge
AED 21,500 /yr
Last sold
AED 2.6M · July 2009
Building
Zaafaran 5

About 205, Zaafaran 5

205 is an apartment of 981 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 30 July 2009 for AED 2,600,000, or AED 2,650 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 25 April 2020, is AED 68,000 a year: a gross yield of 2.6% on the 2009 price, before the service charge of about AED 21,500 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
203AED 2.6M · Aug 2009
204AED 2.6M · Jul 2009
206AED 2.6M · Jul 2009
207AED 2.6M · Jul 2009
208AED 2.6M · Jul 2009
1–7 of 11

205, Zaafaran 5 in numbers

  • Sold once: by Emaar on 30 July 2009 for AED 2,600,000, or AED 2,650 per sqft.
  • Rented since April 2017 on 3 Ejari contracts, from AED 108,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2009 price is 2.6%, before a service charge of about AED 21,500 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 25 April 2020.

Questions about 205, Zaafaran 5

What did unit 205 last sell for?

AED 2,600,000 on 30 July 2009, sold by the developer: AED 2,650 per sqft for 981 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 68,000 a year on the contract renewed on 25 April 2020. The previous contract, from April 2019, was AED 78,000; the unit has been rented since April 2017.

How big is unit 205?

981 sqft (91.1 sqm): an apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 205 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 205, Zaafaran 5

Starts from the last sale price (AED 2.6M, 30 July 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 →