1-bed · 967 sqftZaafaran 5, The Old Town · 3rd floor · completed 2006

311, Zaafaran 5

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 15 November 2025
Last soldAED 2.6M30 July 2009
Current rentAED 110K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Zaafaran 5

What is 311 worth today?

Last sold for AED 2,600,000 in 2009

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15 Nov 2025RentedNew contract
AED 110,000/yr12 months · AED 114 per sqft
15 Nov 2024RentedNew contract
AED 110,000/yr12 months · AED 114 per sqft
4 Aug 2024RentedRenewal
AED 84,900/yr1 months · AED 88 per sqft
28 Jun 2024RentedRenewal
AED 81,967/yr1 months · AED 85 per sqft
28 Dec 2023RentedRenewal
AED 84,892/yr6 months · AED 88 per sqft
28 Dec 2022RentedRenewal
AED 80,850/yr12 months · AED 83 per sqft
28 Dec 2021RentedRenewal
AED 77,000/yr12 months · AED 79 per sqft
28 Dec 2020RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 15 November 2025.

Key facts

Type
1-bed apartment
Size
967 sqft
Floor
3rd of 3
Parking
B-2853
Developer
Emaar
Completed
2006
Service charge
AED 21,200 /yr
Last sold
AED 2.6M · July 2009
Building
Zaafaran 5

About 311, Zaafaran 5

311 is a one-bedroom apartment of 967 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 2,688 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 2017 on 10 Ejari contracts. The current contract, signed on 15 November 2025, is AED 110,000 a year: a gross yield of 4.2% on the 2009 price, before the service charge of about AED 21,200 a year.

Sales and rents for 311 over time

Rents
Unit 311, 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, December 2017: AED 100,000 a yearNew contract, December 2017: AED 100,000 a yearNew contract, December 2020: AED 70,000 a yearRenewal, December 2021: AED 77,000 a yearRenewal, December 2022: AED 80,850 a yearRenewal, December 2023: AED 84,892 a yearRenewal, June 2024: AED 81,967 a yearRenewal, August 2024: AED 84,900 a yearNew contract, November 2024: AED 110,000 a yearNew contract, November 2025: AED 110,000 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 311 sits

All 38 1-beds →

311 last sold in July 2009 at AED 2,688 per sqft, in line with what one-beds in Zaafaran 5 were fetching at the time (AED 2,691). 311's AED 110,000 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
3061-bedAED 2.6M · Aug 2009
3071-bedAED 2.6M · Aug 2009
1–7 of 11

311, Zaafaran 5 in numbers

  • Sold once: by Emaar on 30 July 2009 for AED 2,600,000, or AED 2,688 per sqft.
  • Rented since December 2017 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2020 and recovered to AED 110,000 by November 2025.
  • At AED 110,000 a year the gross yield on the 2009 price is 4.2%, before a service charge of about AED 21,200 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 15 November 2025.

Questions about 311, Zaafaran 5

What did unit 311 last sell for?

AED 2,600,000 on 30 July 2009, sold by the developer: AED 2,688 per sqft for 967 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 110,000 a year on the contract signed on 15 November 2025. The previous contract, from November 2024, was AED 110,000; the unit has been rented since December 2017.

How big is unit 311?

967 sqft (89.8 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.

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Mortgage on 311, 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 →