1-bed · 870 sqftZaafaran 2, The Old Town · 3rd floor · completed 2006

311, Zaafaran 2

Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 23 January 2026
Last soldAED 850K26 October 2011
Current rentAED 105K /yr23 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Zaafaran 2

What is 311 worth today?

Last sold for AED 850,000 in 2011

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23 Jan 2026RentedRenewal
AED 105,000/yr12 months · AED 120 per sqft
23 Jan 2025RentedRenewal
AED 105,000/yr12 months · AED 120 per sqft
23 Jan 2024RentedRenewal
AED 85,000/yr12 months · AED 99 per sqft
23 Jan 2023RentedNew contract
AED 85,000/yr12 months · AED 97 per sqft
29 Dec 2021RentedNew contract
AED 80,000/yr12 months · AED 92 per sqft
1 Oct 2020RentedNew contract
AED 52,500/yr12 months · AED 60 per sqft
1 Jul 2019RentedNew contract
AED 78,000/yr12 months · AED 89 per sqft
15 Feb 2014RentedNew contract
AED 95,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 23 January 2026.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
3rd of 3
Parking
B-2620 ,B-2562
Developer
Emaar
Completed
2006
Service charge
AED 16,300 /yr
Last sold
AED 850K · October 2011
Building
Zaafaran 2

About 311, Zaafaran 2

311 is a one-bedroom apartment of 870 sqft on the 3rd floor of Zaafaran 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 26 October 2011 for AED 850,000, or AED 976 per sqft, 25% below the AED 1,305 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 23 January 2026, is AED 105,000 a year: a gross yield of 12.3% on the 2011 price, before the service charge of about AED 16,300 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in Zaafaran 2
1M2M2008201320182023Typical sale price by year: 2008 AED 1,128,420; 2009 AED 1,298,888; 2010 AED 1,533,388; 2011 AED 1,309,888; 2012 AED 1,290,000; 2013 AED 1,900,000; 2014 AED 2,450,000; 2016 AED 2,287,500; 2022 AED 1,775,000; 2023 AED 2,227,500; 2024 AED 2,300,000Sold by developer, December 2008: AED 1,094,888 (AED 1,258 per sqft)Sold, October 2011: AED 850,000 (AED 976 per sqft)

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

Rents
Unit 311, each contractTypical one-bed in Zaafaran 2
50K100K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 105,000; 2014 AED 121,184; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 115,000; 2018 AED 112,500; 2019 AED 105,000; 2020 AED 83,000; 2021 AED 82,500; 2022 AED 95,000; 2023 AED 107,500; 2024 AED 118,500; 2025 AED 115,000; 2026 AED 110,000New contract, February 2014: AED 95,000 a yearNew contract, July 2019: AED 78,000 a yearNew contract, October 2020: AED 52,500 a yearNew contract, December 2021: AED 80,000 a yearNew contract, January 2023: AED 85,000 a yearRenewal, January 2024: AED 85,000 a yearRenewal, January 2025: AED 105,000 a yearRenewal, January 2026: AED 105,000 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 2, and where 311 sits

All 29 1-beds →

311 last sold in October 2011 at AED 976 per sqft, 25% below what one-beds in Zaafaran 2 were fetching at the time (AED 1,305). Over the last 12 months one-beds sold for AED 1,900,000 to 2,000,000, around AED 2,124 per sqft, and rent for AED 95,000 to 140,000 a year. 311's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20261,900,000
20 Dec 20252,000,000
12 Feb 20253,000,000
9 Sep 20242,300,000
2 1-bed sales in the last 12 months

Zaafaran 2

Building

45 apartments, 1-bed to 2-bed over 3 floors in The Old Town, completed in 2006 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,124
Typical sale
AED 1.95M
Typical rent
AED 138K /yr
Typical yield
5.5%
Zaafaran 2, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 45 units in Zaafaran 2
Value
3011-bedAED 3M · Feb 2025
3022-bedAED 1.77M · Jan 2009
3092-bedAED 3.68M · Mar 2014
3102-bedAED 2.3M · Dec 2022
3121-bedAED 1.18M · May 2014
3131-bedAED 1.8M · Sep 2023

311, Zaafaran 2 in numbers

  • Sold twice: first on 21 December 2008 for AED 1,094,888, last on 26 October 2011 for AED 850,000 (AED 976 per sqft).
  • Rented since February 2014 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 52,500 in 2020 and recovered to AED 105,000 by January 2026.
  • At AED 105,000 a year the gross yield on the 2011 price is 12.3%, before a service charge of about AED 16,300 a year (AED 18.75 per sqft).
  • One-beds in Zaafaran 2 sold for AED 1,900,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,124 per sqft.

Source: Dubai Land Department. Updated 23 January 2026.

Questions about 311, Zaafaran 2

What did unit 311 last sell for?

AED 850,000 on 26 October 2011: AED 976 per sqft for 870 sqft. The unit has 2 registered sales; the first was AED 1,094,888 in December 2008.

What is the rent for unit 311?

AED 105,000 a year on the contract renewed on 23 January 2026. The previous contract, from January 2025, was AED 105,000; the unit has been rented since February 2014.

How big is unit 311?

870 sqft (80.8 sqm): a one-bedroom apartment on the 3rd floor of a 3-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 2 sold for AED 1,900,000 to 2,000,000 in the last 12 months, around AED 2,124 per sqft.

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Mortgage on 311, Zaafaran 2

Starts from the last sale price (AED 850K, 26 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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