1-bed · 1,014 sqftZaafaran 1, The Old Town · 3rd floor · completed 2006

307, Zaafaran 1

Sold prices and rental history: sold once, by the developer in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 1.89M23 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Zaafaran 1

What is 307 worth today?

Last sold for AED 1,890,000 in 2023

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23 Jun 2023Sold by developerReady
AED 1,890,000AED 1,863 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
1-bed apartment
Size
1,014 sqft
Floor
3rd of 4
Parking
B-2525
Developer
Emaar
Completed
2006
Service charge
AED 22,200 /yr
Last sold
AED 1.89M · June 2023
Building
Zaafaran 1

About 307, Zaafaran 1

307 is a one-bedroom apartment of 1,014 sqft on the 3rd floor of Zaafaran 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 23 June 2023 for AED 1,890,000, or AED 1,863 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Zaafaran 1
1M2M2009201320172021Typical 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, June 2023: AED 1,890,000 (AED 1,863 per sqft)

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

Rents
Unit 307, each contractTypical one-bed in Zaafaran 1
75K100K125K2013201720212025Typical 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 115,000

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 307 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.

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
3021-bedAED 1.5M · Nov 2013
3042-bedAED 2.63M · Feb 2023
3053-bedAED 3.78M · Jun 2013
3061-bedAED 2.2M · May 2014
3082-bedAED 1.66M · Sep 2010
3093-bedAED 6.1M · Jul 2022
1–7 of 9

307, Zaafaran 1 in numbers

  • Sold once: by Emaar on 23 June 2023 for AED 1,890,000, or AED 1,863 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 23 June 2023.

Questions about 307, Zaafaran 1

What did unit 307 last sell for?

AED 1,890,000 on 23 June 2023, sold by the developer: AED 1,863 per sqft for 1,014 sqft. It is the only registered sale of the unit.

How big is unit 307?

1,014 sqft (94.2 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.

What is unit 307 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 307, Zaafaran 1

Starts from the last sale price (AED 1.89M, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,890,000
Deposit, UAE resident (20%)
AED 378,000
Deposit, non-resident (40%)
AED 756,000
Monthly over 25 years at 3.7%
AED 7,733

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