1-bed · 942 sqftZaafaran 5, The Old Town · 3rd floor · completed 2006

309, Zaafaran 5

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 27 March 2025
Last soldAED 2.6M30 July 2009
Current rentAED 118K /yr27 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Zaafaran 5

What is 309 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.

27 Mar 2025RentedNew contract
AED 118,000/yr12 months · AED 125 per sqft
27 Mar 2025RentedNew contract
AED 118,000/yr12 months · AED 125 per sqft
25 Jan 2023RentedRenewal
AED 77,000/yr12 months · AED 81 per sqft
25 Jan 2022RentedRenewal
AED 70,000/yr12 months · AED 74 per sqft
25 Jan 2021RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
2 Apr 2019RentedNew contract
AED 78,000/yr12 months · AED 82 per sqft
17 Oct 2017RentedNew contract
AED 105,000/yr12 months · AED 111 per sqft
6 Jan 2017RentedRenewal
AED 120,000/yr12 months · AED 127 per sqft

Source: Dubai Land Department. Updated 27 March 2025.

Key facts

Type
1-bed apartment
Size
942 sqft
Floor
3rd of 3
Parking
B-2876
Developer
Emaar
Completed
2006
Service charge
AED 20,700 /yr
Last sold
AED 2.6M · July 2009
Building
Zaafaran 5

About 309, Zaafaran 5

309 is a one-bedroom apartment of 942 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 2,760 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 2013 on 11 Ejari contracts. The current contract, signed on 27 March 2025, is AED 118,000 a year: a gross yield of 4.5% on the 2009 price, before the service charge of about AED 20,700 a year.

Sales and rents for 309 over time

Rents
Unit 309, 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, October 2013: AED 95,000 a yearNew contract, October 2014: AED 115,000 a yearNew contract, January 2016: AED 119,678 a yearRenewal, January 2017: AED 120,000 a yearNew contract, October 2017: AED 105,000 a yearNew contract, April 2019: AED 78,000 a yearNew contract, January 2021: AED 65,000 a yearRenewal, January 2022: AED 70,000 a yearRenewal, January 2023: AED 77,000 a yearNew contract, March 2025: AED 118,000 a yearNew contract, March 2025: AED 118,000 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 309 sits

All 38 1-beds →

309 last sold in July 2009 at AED 2,760 per sqft, in line with what one-beds in Zaafaran 5 were fetching at the time (AED 2,691). 309's AED 118,000 is in the upper 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
3061-bedAED 2.6M · Aug 2009
3071-bedAED 2.6M · Aug 2009
1–7 of 11

309, Zaafaran 5 in numbers

  • Sold once: by Emaar on 30 July 2009 for AED 2,600,000, or AED 2,760 per sqft.
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2021 and recovered to AED 118,000 by March 2025.
  • At AED 118,000 a year the gross yield on the 2009 price is 4.5%, before a service charge of about AED 20,700 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 27 March 2025.

Questions about 309, Zaafaran 5

What did unit 309 last sell for?

AED 2,600,000 on 30 July 2009, sold by the developer: AED 2,760 per sqft for 942 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 118,000 a year on the contract signed on 27 March 2025. The previous contract, from March 2025, was AED 118,000; the unit has been rented since October 2013.

How big is unit 309?

942 sqft (87.5 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 309 worth today?

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

Selling 309? 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 309, 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 →