- AED1,500,000Zaafaran, Old Town, DubaiApartment12900 sqft
- AED1,599,999Zaafaran, Old Town, DubaiApartment
Stunning 1Bedroom with Study In Zaafaran Old Town121,205 sqft
- AED3,098,000Zaafaran 4, Zaafaran, Old Town, DubaiApartment
Private Garden I Best Layout I Vacant on Transfer231,280 sqft
- AED1,600,000Zaafaran 2, Zaafaran, Old Town, DubaiApartment
1 Bed+Study | Unfurnished | Khalifa View121,200 sqft
- AED2,500,000Zaafaran 2, Zaafaran, Old Town, DubaiApartment
|OT Specialist | Upgraded | Huge Garden |Burj V|232,499 sqft
Buying an Apartment in Zaafaran
Since real estate in Dubai is booming, there are some residences that are more expensive than others. There are several reasons for that - location, demand and condition of the property play a role in how expensive the property is going to be. Zaafaran is one of those residential complexes. Situated in Downtown Dubai, Zaafaran is one of the most peaceful properties of Old Town. The community is mostly known for its traditionally grand buildings. One may consider quarters such as Zaafaran as a focal point from which one can access almost every facility. The Zaafaran apartments for sale are among the 1,560 residential units offered by Old Town that are spread across 6 quarters.
Types of Apartments in Zaafaran
The properties currently available in Zaafaran are 1 and 2-bedroom apartments but there are a few exclusive 3-bedroom units as well. The apartments are fully upgraded with high-end finishes, a guest bathroom, a lounge, a separate dining area and a fully-equipped kitchen fitted with all the latest appliances. All these features are beautifully enclosed in average areas ranging from 920 sq. ft. to 1,450 sq. ft., making these properties almost 53% larger than others in the rest of the community. Similarly, the area allotted to a unit with 2 master bedrooms and a capacious balcony starts at 1,270 sq. ft. and increases to around 2,000 sq. ft. A 3-bedroom flat here is extremely spacious as it offers a living space as big as 3,000 sq. ft.
Sale Price Trend for Apartments in Zaafaran
The data collected over the previous year for 2-bedroom apartments in Zaafaran indicates a buying trend that makes these properties almost 20% less expensive than others. The price per area evolution figures indicate an 18% fall that brought the average AED/sq. ft. figure down to AED 1,778 as of October 2018 whereas the buying range is between the range of AED 2,000,000 and AED 4,300,000. The trend differs for single-bedroom units as they cost almost 14% more than the average ones even though the 25.2% decline has brought the AED/sq. ft. figure down to AED 1,502. The average price of a 2-bedroom apartment in Zaafaran is AED 1,375,688 whereas 3-bedroom apartments cost around AED 4,800,000.
Highlights of Zaafaran
The apartments in Zaafaran are provided with various features, such as an active fire alarm and fire-fighting system, garbage disposal services, maintenance services, a swimming pool, a secured area for children to play in, a sky lounge, fitness clubs, a tennis court and a squash court. One of the best things about living in Zaafaran is that residents can enjoy traditional Arab architecture all the while availing modern services. Residents also have access to several shopping centres, restaurants, cafes and different recreational venues. With Sheikh Zayed Road and Business Bay in close proximity, the residents of Zaafaran can easily commute within the city.