1-bed · 808 sqftZaafaran 1, The Old Town · 3rd floor · completed 2006

302, Zaafaran 1

Sold prices and rental history: sold twice, last in November 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 4 February 2026
Last soldAED 1.5M28 November 2013
Current rentAED 115K /yr4 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Zaafaran 1

What is 302 worth today?

Last sold for AED 1,500,000 in 2013

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4 Feb 2026RentedNew contract
AED 115,000/yr12 months · AED 142 per sqft
15 Oct 2024RentedRenewal
AED 105,000/yr12 months · AED 130 per sqft
15 Oct 2023RentedNew contract
AED 105,000/yr12 months · AED 130 per sqft
5 Jul 2022RentedRenewal
AED 74,800/yr12 months · AED 93 per sqft
5 Jul 2021RentedNew contract
AED 68,000/yr12 months · AED 84 per sqft
20 May 2020RentedRenewal
AED 77,000/yr12 months · AED 95 per sqft
20 May 2019RentedNew contract
AED 77,000/yr12 months · AED 95 per sqft
3 Mar 2018RentedRenewal
AED 110,000/yr12 months · AED 136 per sqft

Source: Dubai Land Department. Updated 4 February 2026.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
3rd of 4
Parking
B-2523
Developer
Emaar
Completed
2006
Service charge
AED 17,700 /yr
Last sold
AED 1.5M · November 2013
Building
Zaafaran 1

About 302, Zaafaran 1

302 is a one-bedroom apartment of 808 sqft on the 3rd floor of Zaafaran 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 28 November 2013 for AED 1,500,000, or AED 1,856 per sqft.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 4 February 2026, is AED 115,000 a year: a gross yield of 7.7% on the 2013 price, before the service charge of about AED 17,700 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Zaafaran 1
1M2M2009201120132015Typical sale price by year: 2009 AED 745,416; 2010 AED 1,530,888; 2011 AED 1,327,888; 2014 AED 2,075,000Sold by developer, January 2009: AED 992,888 (AED 1,228 per sqft)Sold, November 2013: AED 1,500,000 (AED 1,856 per sqft)

302 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 302, each contractTypical one-bed in Zaafaran 1
100K2013201720212025Typical rent by year: 2013 AED 93,500; 2014 AED 118,000; 2015 AED 125,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 107,500; 2019 AED 85,000; 2020 AED 77,000; 2021 AED 80,850; 2022 AED 83,000; 2023 AED 105,000; 2024 AED 108,464; 2025 AED 120,750; 2026 AED 115,000New contract, May 2013: AED 80,000 a yearNew contract, December 2013: AED 92,537 a yearNew contract, January 2016: AED 120,000 a yearNew contract, March 2017: AED 115,000 a yearRenewal, March 2018: AED 110,000 a yearNew contract, May 2019: AED 77,000 a yearRenewal, May 2020: AED 77,000 a yearNew contract, July 2021: AED 68,000 a yearRenewal, July 2022: AED 74,800 a yearNew contract, October 2023: AED 105,000 a yearRenewal, October 2024: AED 105,000 a yearNew contract, February 2026: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Zaafaran 1, and where 302 sits

All 19 1-beds →

Over the last 12 months one-beds sold for AED 2,400,000, around AED 2,366 per sqft, and rent for AED 100,800 to 120,750 a year. 302's AED 115,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 20262,400,000
11 Dec 20241,785,000
19 Nov 20242,550,000
6 Jul 20231,925,000
1 1-bed sale in the last 12 months

Zaafaran 1

Building

45 apartments, 1-bed to 3-bed over 4 floors in The Old Town, completed in 2006 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 2,366
Typical sale
AED 2.4M
Typical rent
AED 132K /yr
Typical yield
5.8%
Zaafaran 1, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 45 units in Zaafaran 1
Value
3011-bedAED 993K · Sep 2010
3042-bedAED 2.63M · Feb 2023
3053-bedAED 3.78M · Jun 2013
3061-bedAED 2.2M · May 2014
3071-bedAED 1.89M · Jun 2023
3082-bedAED 1.66M · Sep 2010
3093-bedAED 6.1M · Jul 2022
1–7 of 9

302, Zaafaran 1 in numbers

  • Sold twice: first on 29 January 2009 for AED 992,888, last on 28 November 2013 for AED 1,500,000 (AED 1,856 per sqft).
  • Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 68,000 in 2021 and recovered to AED 115,000 by February 2026.
  • At AED 115,000 a year the gross yield on the 2013 price is 7.7%, before a service charge of about AED 17,700 a year (AED 21.94 per sqft).
  • One-beds in Zaafaran 1 sold for AED 2,400,000–2,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,366 per sqft.

Source: Dubai Land Department. Updated 4 February 2026.

Questions about 302, Zaafaran 1

What did unit 302 last sell for?

AED 1,500,000 on 28 November 2013: AED 1,856 per sqft for 808 sqft. The unit has 2 registered sales; the first was AED 992,888 in January 2009.

What is the rent for unit 302?

AED 115,000 a year on the contract signed on 4 February 2026. The previous contract, from October 2024, was AED 105,000; the unit has been rented since May 2013.

How big is unit 302?

808 sqft (75.1 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Zaafaran 1 sold for AED 2,400,000 to 2,400,000 in the last 12 months, around AED 2,366 per sqft.

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Mortgage on 302, Zaafaran 1

Starts from the last sale price (AED 1.5M, 28 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →