1-bed · 870 sqftZaafaran 4, The Old Town · 3rd floor · completed 2006

311, Zaafaran 4

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 21 April 2025
Last soldAED 1.65M28 October 2013
Current rentAED 140K /yr21 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Zaafaran 4

What is 311 worth today?

Last sold for AED 1,650,000 in 2013

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21 Apr 2025RentedRenewal
AED 140,000/yr12 months · AED 161 per sqft
21 Apr 2024RentedNew contract
AED 140,000/yr12 months · AED 161 per sqft
1 Jul 2020RentedNew contract
AED 70,000/yr12 months · AED 80 per sqft
1 May 2019RentedRenewal
AED 74,000/yr12 months · AED 85 per sqft
1 May 2018RentedRenewal
AED 88,000/yr12 months · AED 101 per sqft
1 May 2017RentedRenewal
AED 95,000/yr12 months · AED 109 per sqft
1 May 2016RentedNew contract
AED 95,000/yr12 months · AED 109 per sqft
5 Dec 2013RentedNew contract
AED 95,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 21 April 2025.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
3rd of 3
Parking
B-2678
Developer
Emaar
Completed
2006
Service charge
AED 19,100 /yr
Last sold
AED 1.65M · October 2013
Building
Zaafaran 4

About 311, Zaafaran 4

311 is a one-bedroom apartment of 870 sqft on the 3rd floor of Zaafaran 4, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 28 October 2013 for AED 1,650,000, or AED 1,896 per sqft, 5% above the AED 1,801 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 21 April 2025, is AED 140,000 a year: a gross yield of 8.5% on the 2013 price, before the service charge of about AED 19,100 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in Zaafaran 4
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,164,888; 2010 AED 1,893,888; 2011 AED 1,186,444; 2013 AED 1,670,000; 2014 AED 1,800,000; 2016 AED 1,600,000; 2021 AED 1,410,000; 2022 AED 1,625,000; 2023 AED 1,900,000; 2025 AED 3,125,000Sold by developer, August 2010: AED 1,094,888 (AED 1,258 per sqft)Sold, October 2013: AED 1,650,000 (AED 1,896 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 4
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 95,000; 2014 AED 122,000; 2015 AED 120,000; 2016 AED 112,500; 2017 AED 115,000; 2018 AED 114,000; 2019 AED 95,000; 2020 AED 82,000; 2021 AED 85,000; 2022 AED 90,000; 2023 AED 101,750; 2024 AED 132,500; 2025 AED 143,000; 2026 AED 125,000New contract, December 2013: AED 95,000 a yearNew contract, May 2016: AED 95,000 a yearRenewal, May 2017: AED 95,000 a yearRenewal, May 2018: AED 88,000 a yearRenewal, May 2019: AED 74,000 a yearNew contract, July 2020: AED 70,000 a yearNew contract, April 2024: AED 140,000 a yearRenewal, April 2025: AED 140,000 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 4, and where 311 sits

All 29 1-beds →

311 last sold in October 2013 at AED 1,896 per sqft, 5% above what one-beds in Zaafaran 4 were fetching at the time (AED 1,801). Over the last 12 months one-beds sold for AED 2,000,000 to 3,000,000, around AED 2,281 per sqft, and rent for AED 50,000 to 250,000 a year. 311's AED 140,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Aug 20262,000,000
19 Feb 20263,000,000
30 Oct 20252,500,000
1 May 20252,650,000
2 1-bed sales in the last 12 months

Zaafaran 4

Building

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

Typical price per sqft
AED 2,329
Typical sale
AED 3M
Typical rent
AED 160K /yr
Typical yield
5.4%
Zaafaran 4, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 45 units in Zaafaran 4
Value
3011-bedAED 1.18M · Aug 2020
3022-bedAED 2.76M · Mar 2011
3092-bedAED 2.89M · Aug 2010
3102-bedAED 3.2M · May 2025
3121-bedAED 1.41M · Aug 2021
3131-bedAED 596K · Sep 2019

311, Zaafaran 4 in numbers

  • Sold twice: first on 23 August 2010 for AED 1,094,888, last on 28 October 2013 for AED 1,650,000 (AED 1,896 per sqft).
  • Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 70,000 in 2020 and recovered to AED 140,000 by April 2025.
  • At AED 140,000 a year the gross yield on the 2013 price is 8.5%, before a service charge of about AED 19,100 a year (AED 21.94 per sqft).
  • One-beds in Zaafaran 4 sold for AED 2,000,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,329 per sqft.

Source: Dubai Land Department. Updated 21 April 2025.

Questions about 311, Zaafaran 4

What did unit 311 last sell for?

AED 1,650,000 on 28 October 2013: AED 1,896 per sqft for 870 sqft. The unit has 2 registered sales; the first was AED 1,094,888 in August 2010.

What is the rent for unit 311?

AED 140,000 a year on the contract renewed on 21 April 2025. The previous contract, from April 2024, was AED 140,000; the unit has been rented since December 2013.

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 4 sold for AED 2,000,000 to 3,000,000 in the last 12 months, around AED 2,281 per sqft.

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Mortgage on 311, Zaafaran 4

Starts from the last sale price (AED 1.65M, 28 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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