1-bed · 994 sqftZaafaran 5, The Old Town · 3rd floor · completed 2006

308, Zaafaran 5

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 2.6M30 July 2009
Current rentAED 90K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Zaafaran 5

What is 308 worth today?

Last sold for AED 2,600,000 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Feb 2026RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
1 Oct 2020RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft
16 Nov 2019RentedNew contract
AED 78,000/yr12 months · AED 79 per sqft
7 Oct 2018RentedNew contract
AED 94,000/yr12 months · AED 95 per sqft
1 Jun 2017RentedNew contract
AED 112,000/yr12 months · AED 113 per sqft
15 Oct 2015RentedNew contract
AED 115,000/yr12 months · AED 116 per sqft
1 Oct 2014RentedNew contract
AED 99,750/yr12 months · AED 101 per sqft
1 Oct 2013RentedNew contract
AED 95,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
1-bed apartment
Size
994 sqft
Floor
3rd of 3
Parking
B-2875
Developer
Emaar
Completed
2006
Service charge
AED 21,800 /yr
Last sold
AED 2.6M · July 2009
Building
Zaafaran 5

About 308, Zaafaran 5

308 is a one-bedroom apartment of 994 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 30 July 2009 for AED 2,600,000, or AED 2,615 per sqft, in line with the AED 2,691 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 10 February 2026, is AED 90,000 a year: a gross yield of 3.5% on the 2009 price, before the service charge of about AED 21,800 a year.

Sales and rents for 308 over time

Rents
Unit 308, each contractTypical one-bed in Zaafaran 5
75K100K2012201620202024Typical 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, October 2012: AED 95,000 a yearNew contract, October 2013: AED 95,000 a yearNew contract, October 2014: AED 99,750 a yearNew contract, October 2015: AED 115,000 a yearNew contract, June 2017: AED 112,000 a yearNew contract, October 2018: AED 94,000 a yearNew contract, November 2019: AED 78,000 a yearNew contract, October 2020: AED 65,000 a yearNew contract, February 2026: AED 90,000 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 308 sits

All 38 1-beds →

308 last sold in July 2009 at AED 2,615 per sqft, in line with what one-beds in Zaafaran 5 were fetching at the time (AED 2,691). 308's AED 90,000 is at the bottom 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
3061-bedAED 2.6M · Aug 2009
3071-bedAED 2.6M · Aug 2009
1–7 of 11

308, Zaafaran 5 in numbers

  • Sold once: by Emaar on 30 July 2009 for AED 2,600,000, or AED 2,615 per sqft.
  • Rented since October 2012 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2020 and recovered to AED 90,000 by February 2026.
  • At AED 90,000 a year the gross yield on the 2009 price is 3.5%, before a service charge of about AED 21,800 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 10 February 2026.

Questions about 308, Zaafaran 5

What did unit 308 last sell for?

AED 2,600,000 on 30 July 2009, sold by the developer: AED 2,615 per sqft for 994 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 90,000 a year on the contract signed on 10 February 2026. The previous contract, from October 2020, was AED 65,000; the unit has been rented since October 2012.

How big is unit 308?

994 sqft (92.3 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 308, Zaafaran 5

Starts from the last sale price (AED 2.6M, 30 July 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 →