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

209, Zaafaran 5

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 2.6M30 July 2009
Current rentAED 110K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Zaafaran 5

What is 209 worth today?

Last sold for AED 2,600,000 in 2009

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20 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 116 per sqft
14 Aug 2023RentedRenewal
AED 90,000/yr12 months · AED 95 per sqft
14 Aug 2022RentedNew contract
AED 90,000/yr12 months · AED 95 per sqft
6 Jul 2021RentedRenewal
AED 70,000/yr12 months · AED 74 per sqft
6 Jul 2019RentedNew contract
AED 75,000/yr12 months · AED 79 per sqft
30 Jul 2009Sold by developerReady
AED 2,600,000AED 2,760 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
Apartment
Size
942 sqft
Floor
2nd of 3
Parking
B-2784
Developer
Emaar
Completed
2006
Service charge
AED 20,700 /yr
Last sold
AED 2.6M · July 2009
Building
Zaafaran 5

About 209, Zaafaran 5

209 is an apartment of 942 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 2,760 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 20 October 2024, is AED 110,000 a year: a gross yield of 4.2% on the 2009 price, before the service charge of about AED 20,700 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

209, Zaafaran 5 in numbers

  • Sold once: by Emaar on 30 July 2009 for AED 2,600,000, or AED 2,760 per sqft.
  • Rented since July 2019 on 5 Ejari contracts, from AED 75,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2009 price is 4.2%, before a service charge of about AED 20,700 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 20 October 2024.

Questions about 209, Zaafaran 5

What did unit 209 last sell for?

AED 2,600,000 on 30 July 2009, sold by the developer: AED 2,760 per sqft for 942 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 110,000 a year on the contract signed on 20 October 2024. The previous contract, from August 2023, was AED 90,000; the unit has been rented since July 2019.

How big is unit 209?

942 sqft (87.5 sqm): an apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 209 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 209, 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 →