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1,826 sqftZaafaran 5, The Old Town · Ground floor · completed 2006

G11, Zaafaran 5

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

Unit G11 · DLD and Ejari recordsUpdated 23 April 2018
Last soldAED 2.6M30 July 2009
Current rentAED 116K /yr23 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G11, Zaafaran 5

What is G11 worth today?

Last sold for AED 2,600,000 in 2009

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23 Apr 2018RentedNew contract
AED 116,000/yr12 months · AED 120 per sqft
24 Aug 2015RentedNew contract
AED 115,000/yr6 months · AED 119 per sqft
30 Jul 2009Sold by developerReady
AED 2,600,000AED 2,694 per sqft

Source: Dubai Land Department. Updated 23 April 2018.

Key facts

Type
Apartment
Size
1,826 sqft
Floor
Ground of 3
Parking
B-2812
Developer
Emaar
Completed
2006
Service charge
AED 40,100 /yr
Last sold
AED 2.6M · July 2009
Building
Zaafaran 5

About G11, Zaafaran 5

G11 is an apartment of 1,826 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 2,694 per sqft.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 23 April 2018, is AED 116,000 a year: a gross yield of 4.5% on the 2009 price, before the service charge of about AED 40,100 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 ground floor

All 42 units in Zaafaran 5
Value
G02AED 2.6M · Jul 2009
G03AED 2.6M · Aug 2009
G04AED 2.6M · Aug 2009
G10AED 2.6M · Jul 2009
G12AED 3.43M · Jul 2009

G11, Zaafaran 5 in numbers

  • Sold once: by Emaar on 30 July 2009 for AED 2,600,000, or AED 2,694 per sqft.
  • Rented since August 2015 on 2 Ejari contracts, from AED 115,000 to AED 116,000 a year.
  • At AED 116,000 a year the gross yield on the 2009 price is 4.5%, before a service charge of about AED 40,100 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 23 April 2018.

Questions about G11, Zaafaran 5

What did unit G11 last sell for?

AED 2,600,000 on 30 July 2009, sold by the developer: AED 2,694 per sqft for 1,826 sqft. It is the only registered sale of the unit.

What is the rent for unit G11?

AED 116,000 a year on the contract signed on 23 April 2018. The previous contract, from August 2015, was AED 115,000.

How big is unit G11?

1,826 sqft (169.6 sqm): an apartment on the ground floor of a 3-storey tower completed in 2006.

What is unit G11 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 G11, 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 →