2-bed · 1,455 sqftZaafaran 5, The Old Town · 3rd floor · completed 2006

312, 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 312 · DLD and Ejari recordsUpdated 3 May 2026
Last soldAED 3.43M30 July 2009
Current rentAED 170K /yr3 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Zaafaran 5

What is 312 worth today?

Last sold for AED 3,425,000 in 2009

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3 May 2026RentedNew contract
AED 170,000/yr12 months · AED 117 per sqft
3 May 2025RentedNew contract
AED 170,000/yr12 months · AED 117 per sqft
3 May 2025RentedNew contract
AED 170,000/yr12 months · AED 117 per sqft
9 Feb 2024RentedRenewal
AED 107,461/yr8 months · AED 74 per sqft
9 Feb 2023RentedRenewal
AED 108,000/yr12 months · AED 74 per sqft
9 Feb 2022RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
9 Feb 2021RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
9 Feb 2020RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 3 May 2026.

Key facts

Type
2-bed apartment
Size
1,455 sqft
Floor
3rd of 3
Parking
B-2807
Developer
Emaar
Completed
2006
Service charge
AED 31,900 /yr
Last sold
AED 3.43M · July 2009
Building
Zaafaran 5

About 312, Zaafaran 5

312 is a two-bedroom apartment of 1,455 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 3,425,000, or AED 2,354 per sqft.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 3 May 2026, is AED 170,000 a year: a gross yield of 5.0% on the 2009 price, before the service charge of about AED 31,900 a year.

Sales and rents for 312 over time

Rents
Unit 312, each contractTypical two-bed in Zaafaran 5
100K150K2013201720212025Typical rent by year: 2015 AED 170,000; 2020 AED 117,500; 2021 AED 115,000; 2022 AED 115,000; 2023 AED 120,750; 2025 AED 170,000; 2026 AED 170,000New contract, November 2013: AED 140,000 a yearNew contract, November 2018: AED 135,000 a yearNew contract, February 2020: AED 120,000 a yearRenewal, February 2021: AED 100,000 a yearRenewal, February 2022: AED 100,000 a yearRenewal, February 2023: AED 108,000 a yearRenewal, February 2024: AED 107,461 a yearNew contract, May 2025: AED 170,000 a yearNew contract, May 2025: AED 170,000 a yearNew contract, May 2026: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Zaafaran 5, and where 312 sits

All 4 2-beds →

312's AED 170,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Aug 20093,425,000
2 Aug 20093,425,000
30 Jul 20093,425,000
0 2-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

312, Zaafaran 5 in numbers

  • Sold once: by Emaar on 30 July 2009 for AED 3,425,000, or AED 2,354 per sqft.
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 140,000 to AED 100,000 in 2022 and recovered to AED 170,000 by May 2026.
  • At AED 170,000 a year the gross yield on the 2009 price is 5.0%, before a service charge of about AED 31,900 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 3 May 2026.

Questions about 312, Zaafaran 5

What did unit 312 last sell for?

AED 3,425,000 on 30 July 2009, sold by the developer: AED 2,354 per sqft for 1,455 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 170,000 a year on the contract signed on 3 May 2026. The previous contract, from May 2025, was AED 170,000; the unit has been rented since November 2013.

How big is unit 312?

1,455 sqft (135.2 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 312 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 312, Zaafaran 5

Starts from the last sale price (AED 3.43M, 30 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,425,000
Deposit, UAE resident (20%)
AED 685,000
Deposit, non-resident (40%)
AED 1,370,000
Monthly over 25 years at 3.7%
AED 14,013

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →