304, Zaafaran 5
Sold prices and rental history: sold once, by the developer in August 2009, 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 304, Zaafaran 5
What is 304 worth today?
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Source: Dubai Land Department. Updated 24 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 937 sqft
- Floor
- 3rd of 3
- Parking
- B-2871
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,600 /yr
- Last sold
- AED 2.6M · August 2009
- Building
- Zaafaran 5
About 304, Zaafaran 5
304 is a one-bedroom apartment of 937 sqft on the 3rd floor of Zaafaran 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 5 August 2009 for AED 2,600,000, or AED 2,774 per sqft, in line with the AED 2,694 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 24 October 2025, is AED 130,000 a year: a gross yield of 5.0% on the 2009 price, before the service charge of about AED 20,600 a year.
Sales and rents for 304 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Zaafaran 5, and where 304 sits
All 38 1-beds →304 last sold in August 2009 at AED 2,774 per sqft, in line with what one-beds in Zaafaran 5 were fetching at the time (AED 2,694). 304's AED 130,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 200924 August 2009 | 978 sqft | 2,600,000 | 2,658 | ||
| 24 Aug 200924 August 2009 | 937 sqft | 2,600,000 | 2,774 | ||
| 10 Aug 200910 August 2009 | 938 sqft | 2,600,000 | 2,771 | ||
| 10 Aug 200910 August 2009 | 931 sqft | 2,600,000 | 2,792 |
Zaafaran 5
Building42 apartments, 1-bed to 2-bed over 3 floors in The Old Town, completed in 2006 by Emaar. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 112K /yr
- Typical yield
Other units on the 3rd floor
All 42 units in Zaafaran 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 875 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 115,000 /yr | |
| 302 | 1-bed | 978 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 115,000 /yr | |
| 303 | 1-bed | 938 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 104,719 /yr | |
| 305 | 1-bed | 981 sqft | No registered sale | 108,000 /yr | |
| 306 | 1-bed | 980 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 112,000 /yr | |
| 307 | 1-bed | 984 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 105,000 /yr | |
| 308 | 1-bed | 994 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 90,000 /yr | |
| 309 | 1-bed | 942 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 118,000 /yr | |
| 310 | 1-bed | 939 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 110,000 /yr | |
| 311 | 1-bed | 967 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 110,000 /yr | |
| 312 | 2-bed | 1,455 sqft | AED 3.43MAED 3,425,000 · Jul 2009July 2009 | 170,000 /yr |
304, Zaafaran 5 in numbers
- Sold once: by Emaar on 5 August 2009 for AED 2,600,000, or AED 2,774 per sqft.
- Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2021 and recovered to AED 130,000 by October 2025.
- At AED 130,000 a year the gross yield on the 2009 price is 5.0%, before a service charge of about AED 20,600 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 24 October 2025.
Questions about 304, Zaafaran 5
What did unit 304 last sell for?
AED 2,600,000 on 5 August 2009, sold by the developer: AED 2,774 per sqft for 937 sqft. It is the only registered sale of the unit.
What is the rent for unit 304?
AED 130,000 a year on the contract signed on 24 October 2025. The previous contract, from August 2024, was AED 90,667; the unit has been rented since October 2013.
How big is unit 304?
937 sqft (87.1 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.
What is unit 304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 304, Zaafaran 5
Starts from the last sale price (AED 2.6M, 5 August 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →