312, Zaafaran 2
Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 312, Zaafaran 2
What is 312 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 921 sqft
- Floor
- 3rd of 3
- Parking
- B-2690
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 17,300 /yr
- Last sold
- AED 1.18M · May 2014
- Building
- Zaafaran 2
About 312, Zaafaran 2
312 is a one-bedroom apartment of 921 sqft on the 3rd floor of Zaafaran 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 4 May 2014 for AED 1,183,888, or AED 1,285 per sqft, 30% below the AED 1,844 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 115,500 a year: a gross yield of 9.8% on the 2014 price, before the service charge of about AED 17,300 a year.
Sales and rents for 312 over time
312 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 2, and where 312 sits
All 29 1-beds →312 last sold in May 2014 at AED 1,285 per sqft, 30% below what one-beds in Zaafaran 2 were fetching at the time (AED 1,844). 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. 312's AED 115,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 918 sqft | 1,900,000 | 2,069 | ||
| 20 Dec 202520 December 2025 | 918 sqft | 2,000,000 | 2,178 | ||
| 12 Feb 202512 February 2025 | 1,201 sqft | 3,000,000 | 2,497 | ||
| 9 Sep 20249 September 2024 | 1,011 sqft | 2,300,000 | 2,275 |
Zaafaran 2
Building45 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%
Other units on the 3rd floor
All 45 units in Zaafaran 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 1,201 sqft | AED 3MAED 3,000,000 · Feb 2025February 2025 | 160,000 /yr | |
| 302 | 2-bed | 1,863 sqft | AED 1.77MAED 1,774,888 · Jan 2009January 2009 | 175,000 /yr | |
| 309 | 2-bed | 2,091 sqft | AED 3.68MAED 3,675,000 · Mar 2014March 2014 | 260,000 /yr | |
| 310 | 2-bed | 1,295 sqft | AED 2.3MAED 2,300,000 · Dec 2022December 2022 | 155,000 /yr | |
| 311 | 1-bed | 870 sqft | AED 850KAED 850,000 · Oct 2011October 2011 | 105,000 /yr | |
| 313 | 1-bed | 969 sqft | AED 1.8MAED 1,800,000 · Sep 2023September 2023 | 130,000 /yr |
312, Zaafaran 2 in numbers
- Sold once: by Emaar on 4 May 2014 for AED 1,183,888, or AED 1,285 per sqft.
- Rented since July 2016 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 70,000 in 2021 and recovered to AED 115,500 by May 2025.
- At AED 115,500 a year the gross yield on the 2014 price is 9.8%, before a service charge of about AED 17,300 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 1 May 2025.
Questions about 312, Zaafaran 2
What did unit 312 last sell for?
AED 1,183,888 on 4 May 2014, sold by the developer: AED 1,285 per sqft for 921 sqft. It is the only registered sale of the unit.
What is the rent for unit 312?
AED 115,500 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 110,000; the unit has been rented since July 2016.
How big is unit 312?
921 sqft (85.6 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.
What is unit 312 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 312, Zaafaran 2
Starts from the last sale price (AED 1.18M, 4 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,183,888
- Deposit, UAE resident (20%)
- AED 236,778
- Deposit, non-resident (40%)
- AED 473,555
- Monthly over 25 years at 3.7%
- AED 4,844
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →