G02, Zaafaran 5
Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G02, Zaafaran 5
What is G02 worth today?
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Source: Dubai Land Department. Updated 25 March 2021.
Key facts
- Type
- Apartment
- Size
- 2,600 sqft
- Floor
- Ground of 3
- Parking
- B-2855
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 57,000 /yr
- Last sold
- AED 2.6M · July 2009
- Building
- Zaafaran 5
About G02, Zaafaran 5
G02 is an apartment of 2,600 sqft on the ground 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 2,680 per sqft.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 25 March 2021, is AED 80,000 a year: a gross yield of 3.1% on the 2009 price, before the service charge of about AED 57,000 a year.
Zaafaran 5
Building42 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
Other units on the ground floor
All 42 units in Zaafaran 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| G03 | 1,254 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 93,700 /yr | ||
| G04 | 1,092 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 125,000 /yr | ||
| G10 | 1,212 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 99,225 /yr | ||
| G11 | 1,826 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 116,000 /yr | ||
| G12 | 1,769 sqft | AED 3.43MAED 3,425,000 · Jul 2009July 2009 | 175,000 /yr |
G02, Zaafaran 5 in numbers
- Sold once: by Emaar on 30 July 2009 for AED 2,600,000, or AED 2,680 per sqft.
- Rented since September 2014 on 4 Ejari contracts, from AED 115,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2009 price is 3.1%, before a service charge of about AED 57,000 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 25 March 2021.
Questions about G02, Zaafaran 5
What did unit G02 last sell for?
AED 2,600,000 on 30 July 2009, sold by the developer: AED 2,680 per sqft for 2,600 sqft. It is the only registered sale of the unit.
What is the rent for unit G02?
AED 80,000 a year on the contract signed on 25 March 2021. The previous contract, from May 2018, was AED 108,000; the unit has been rented since September 2014.
How big is unit G02?
2,600 sqft (241.5 sqm): an apartment on the ground floor of a 3-storey tower completed in 2006.
What is unit G02 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 G02, 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 →