1-bed · 980 sqftZaafaran 5, The Old Town · 3rd floor · completed 2006

306, 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.

Unit 306 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 2.6M2 August 2009
Current rentAED 112K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Zaafaran 5

What is 306 worth today?

Last sold for AED 2,600,000 in 2009

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1 Sep 2026RentedNew contract
AED 112,000/yr12 months · AED 114 per sqft
1 Apr 2026RentedNew contract
AED 97,872/yr5 months · AED 100 per sqft
1 Apr 2025RentedRenewal
AED 92,610/yr12 months · AED 95 per sqft
1 Apr 2025RentedRenewal
AED 92,610/yr12 months · AED 95 per sqft
1 Apr 2024RentedRenewal
AED 88,200/yr12 months · AED 90 per sqft
1 Apr 2023RentedRenewal
AED 84,000/yr12 months · AED 86 per sqft
1 Apr 2022RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft
1 Mar 2021RentedRenewal
AED 85,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
980 sqft
Floor
3rd of 3
Parking
B-2873
Developer
Emaar
Completed
2006
Service charge
AED 21,500 /yr
Last sold
AED 2.6M · August 2009
Building
Zaafaran 5

About 306, Zaafaran 5

306 is a one-bedroom apartment of 980 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 2 August 2009 for AED 2,600,000, or AED 2,653 per sqft, in line with the AED 2,688 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 1 September 2026, is AED 112,000 a year: a gross yield of 4.3% on the 2009 price, before the service charge of about AED 21,500 a year.

Sales and rents for 306 over time

Rents
Unit 306, each contractTypical one-bed in Zaafaran 5
75K100K125K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 95,000; 2014 AED 115,000; 2015 AED 115,000; 2016 AED 114,000; 2017 AED 110,000; 2018 AED 101,000; 2019 AED 78,000; 2020 AED 75,000; 2021 AED 73,875; 2022 AED 78,750; 2023 AED 84,891; 2024 AED 92,328; 2025 AED 115,000; 2026 AED 111,000New contract, November 2013: AED 95,000 a yearNew contract, November 2014: AED 118,000 a yearNew contract, January 2017: AED 113,588 a yearRenewal, March 2019: AED 90,000 a yearRenewal, March 2020: AED 90,000 a yearRenewal, March 2021: AED 85,000 a yearNew contract, April 2022: AED 80,000 a yearRenewal, April 2023: AED 84,000 a yearRenewal, April 2024: AED 88,200 a yearRenewal, April 2025: AED 92,610 a yearRenewal, April 2025: AED 92,610 a yearNew contract, April 2026: AED 97,872 a yearNew contract, September 2026: AED 112,000 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 5, and where 306 sits

All 38 1-beds →

306 last sold in August 2009 at AED 2,653 per sqft, in line with what one-beds in Zaafaran 5 were fetching at the time (AED 2,688). 306's AED 112,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 20092,600,000
24 Aug 20092,600,000
10 Aug 20092,600,000
10 Aug 20092,600,000
0 1-bed sales in the last 12 months

Zaafaran 5

Building

42 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
Zaafaran 5, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 42 units in Zaafaran 5
Value
3011-bedAED 2.6M · Aug 2009
3021-bedAED 2.6M · Aug 2009
3031-bedAED 2.6M · Aug 2009
3041-bedAED 2.6M · Aug 2009
3051-bedNo registered sale
3071-bedAED 2.6M · Aug 2009
3081-bedAED 2.6M · Jul 2009
1–7 of 11

306, Zaafaran 5 in numbers

  • Sold once: by Emaar on 2 August 2009 for AED 2,600,000, or AED 2,653 per sqft.
  • Rented since November 2013 on 13 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2022 and recovered to AED 112,000 by September 2026.
  • At AED 112,000 a year the gross yield on the 2009 price is 4.3%, before a service charge of about AED 21,500 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 1 September 2026.

Questions about 306, Zaafaran 5

What did unit 306 last sell for?

AED 2,600,000 on 2 August 2009, sold by the developer: AED 2,653 per sqft for 980 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 112,000 a year on the contract signed on 1 September 2026. The previous contract, from April 2026, was AED 97,872; the unit has been rented since November 2013.

How big is unit 306?

980 sqft (91.0 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 306 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 306, Zaafaran 5

Starts from the last sale price (AED 2.6M, 2 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 →