311, Zaafaran 1
Sold prices and rental history: sold once, by the developer in February 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 311, Zaafaran 1
What is 311 worth today?
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Source: Dubai Land Department. Updated 27 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 946 sqft
- Floor
- 3rd of 4
- Parking
- B-2526
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,800 /yr
- Last sold
- AED 1.24M · February 2012
- Building
- Zaafaran 1
About 311, Zaafaran 1
311 is a one-bedroom apartment of 946 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 14 February 2012 for AED 1,240,888, or AED 1,311 per sqft, in line with the AED 1,309 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 27 February 2025, is AED 97,020 a year: a gross yield of 7.8% on the 2012 price, before the service charge of about AED 20,800 a year.
Sales and rents for 311 over time
311 has sold once; the dashed line is the one-bed median of each year in the building.
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 311 sits
All 19 1-beds →311 last sold in February 2012 at AED 1,311 per sqft, in line with what one-beds in Zaafaran 1 were fetching at the time (AED 1,309). 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. 311's AED 97,020 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jun 202626 June 2026 | 1,014 sqft | 2,400,000 | 2,366 | ||
| 11 Dec 202411 December 2024 | 785 sqft | 1,785,000 | 2,273 | ||
| 19 Nov 202419 November 2024 | 1,231 sqft | 2,550,000 | 2,071 | ||
| 6 Jul 20236 July 2023 | 1,231 sqft | 1,925,000 | 1,563 |
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 | |
| 309 | 3-bed | 2,155 sqft | AED 6.1MAED 6,100,000 · Jul 2022July 2022 | 270,000 /yr | |
| 310 | 2-bed | 1,282 sqft | AED 1.66MAED 1,658,888 · Sep 2010September 2010 | 175,000 /yr |
311, Zaafaran 1 in numbers
- Sold once: by Emaar on 14 February 2012 for AED 1,240,888, or AED 1,311 per sqft.
- Rented since July 2013 on 15 Ejari contracts. The rent fell from AED 93,500 to AED 70,000 in 2021 and recovered to AED 97,020 by February 2025.
- At AED 97,020 a year the gross yield on the 2012 price is 7.8%, before a service charge of about AED 20,800 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 27 February 2025.
Questions about 311, Zaafaran 1
What did unit 311 last sell for?
AED 1,240,888 on 14 February 2012, sold by the developer: AED 1,311 per sqft for 946 sqft. It is the only registered sale of the unit.
What is the rent for unit 311?
AED 97,020 a year on the contract renewed on 27 February 2025. The previous contract, from February 2025, was AED 97,020; the unit has been rented since July 2013.
How big is unit 311?
946 sqft (87.9 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.
What is unit 311 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 311, Zaafaran 1
Starts from the last sale price (AED 1.24M, 14 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,240,888
- Deposit, UAE resident (20%)
- AED 248,178
- Deposit, non-resident (40%)
- AED 496,355
- Monthly over 25 years at 3.7%
- AED 5,077
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →