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

208, Zaafaran 5

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

Unit 208 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 2.6M30 July 2009
Current rentAED 91K /yr3 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Zaafaran 5

What is 208 worth today?

Last sold for AED 2,600,000 in 2009

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3 Oct 2024RentedRenewal
AED 90,717/yr12 months · AED 92 per sqft
3 Oct 2023RentedRenewal
AED 82,425/yr12 months · AED 83 per sqft
3 Oct 2022RentedRenewal
AED 82,425/yr12 months · AED 83 per sqft
7 Jul 2021RentedNew contract
AED 62,000/yr12 months · AED 63 per sqft
17 Sep 2017RentedNew contract
AED 105,000/yr12 months · AED 106 per sqft
14 May 2013RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
30 Jul 2009Sold by developerReady
AED 2,600,000AED 2,615 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
Apartment
Size
994 sqft
Floor
2nd of 3
Parking
B-2783
Developer
Emaar
Completed
2006
Service charge
AED 21,800 /yr
Last sold
AED 2.6M · July 2009
Building
Zaafaran 5

About 208, Zaafaran 5

208 is an apartment of 994 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 2,615 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 3 October 2024, is AED 90,717 a year: a gross yield of 3.5% on the 2009 price, before the service charge of about AED 21,800 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
205AED 2.6M · Jul 2009
206AED 2.6M · Jul 2009
207AED 2.6M · Jul 2009
1–7 of 11

208, Zaafaran 5 in numbers

  • Sold once: by Emaar on 30 July 2009 for AED 2,600,000, or AED 2,615 per sqft.
  • Rented since May 2013 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 62,000 in 2021 and recovered to AED 90,717 by October 2024.
  • At AED 90,717 a year the gross yield on the 2009 price is 3.5%, before a service charge of about AED 21,800 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 3 October 2024.

Questions about 208, Zaafaran 5

What did unit 208 last sell for?

AED 2,600,000 on 30 July 2009, sold by the developer: AED 2,615 per sqft for 994 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 90,717 a year on the contract renewed on 3 October 2024. The previous contract, from October 2023, was AED 82,425; the unit has been rented since May 2013.

How big is unit 208?

994 sqft (92.3 sqm): an apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 208 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 208, 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 →