309, Zaafaran 1
Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Zaafaran 1
What is 309 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 July 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,155 sqft
- Floor
- 3rd of 4
- Parking
- B-2636-2637
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 47,300 /yr
- Last sold
- AED 6.1M · July 2022
- Building
- Zaafaran 1
About 309, Zaafaran 1
309 is a three-bedroom apartment of 2,155 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 4 July 2022 for AED 6,100,000, or AED 2,830 per sqft.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 270,000 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 47,300 a year.
Sales and rents for 309 over time
309 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Zaafaran 1, and where 309 sits
All 8 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 May 202325 May 2023 | 1,887 sqft | 3,800,000 | 2,013 | ||
| 24 Nov 201324 November 2013 | 2,155 sqft | 4,550,000 | 2,111 | ||
| 13 Jun 201313 June 2013 | 1,887 sqft | 3,775,000 | 2,000 | ||
| 1 Nov 20121 November 2012 | 1,887 sqft | 3,600,000 | 1,907 |
Zaafaran 1
Building45 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%
Other units on the 3rd floor
All 45 units in Zaafaran 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 785 sqft | AED 993KAED 992,888 · Sep 2010September 2010 | 120,000 /yr | |
| 302 | 1-bed | 808 sqft | AED 1.5MAED 1,500,000 · Nov 2013November 2013 | 115,000 /yr | |
| 304 | 2-bed | 1,410 sqft | AED 2.63MAED 2,630,000 · Feb 2023February 2023 | 172,500 /yr | |
| 305 | 3-bed | 1,887 sqft | AED 3.78MAED 3,775,000 · Jun 2013June 2013 | 130,000 /yr | |
| 306 | 1-bed | 1,231 sqft | AED 2.2MAED 2,200,000 · May 2014May 2014 | 95,000 /yr | |
| 307 | 1-bed | 1,014 sqft | AED 1.89MAED 1,890,000 · Jun 2023June 2023 | ||
| 308 | 2-bed | 1,338 sqft | AED 1.66MAED 1,660,888 · Sep 2010September 2010 | 140,000 /yr | |
| 310 | 2-bed | 1,282 sqft | AED 1.66MAED 1,658,888 · Sep 2010September 2010 | 175,000 /yr | |
| 311 | 1-bed | 946 sqft | AED 1.24MAED 1,240,888 · Feb 2012February 2012 | 97,020 /yr |
309, Zaafaran 1 in numbers
- Sold 3 times: first on 13 September 2010 for AED 3,139,888, last on 4 July 2022 for AED 6,100,000 (AED 2,830 per sqft).
- Rented since October 2018 on 4 Ejari contracts, at AED 270,000 a year.
- At AED 270,000 a year the gross yield on the 2022 price is 4.4%, before a service charge of about AED 47,300 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 4 July 2022.
Questions about 309, Zaafaran 1
What did unit 309 last sell for?
AED 6,100,000 on 4 July 2022: AED 2,830 per sqft for 2,155 sqft. The unit has 3 registered sales; the first was AED 3,139,888 in September 2010.
What is the rent for unit 309?
AED 270,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 270,000; the unit has been rented since October 2018.
How big is unit 309?
2,155 sqft (200.2 sqm): a three-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.
What is unit 309 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 309? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 309, Zaafaran 1
Starts from the last sale price (AED 6.1M, 4 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 6,100,000
- Deposit, UAE resident (20%)
- AED 1,220,000
- Deposit, non-resident (40%)
- AED 2,440,000
- Monthly over 25 years at 3.7%
- AED 24,957
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →