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1-bed · 1,201 sqftZaafaran 4, The Old Town · 3rd floor · completed 2006

301, Zaafaran 4

Sold prices and rental history: sold 3 times, last in August 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 14 September 2023
Last soldAED 1.18M26 August 2020
Current rentAED 115K /yr14 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, Zaafaran 4

What is 301 worth today?

Last sold for AED 1,180,000 in 2020

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14 Sep 2023RentedRenewal
AED 115,000/yr12 months · AED 95 per sqft
14 Sep 2021RentedNew contract
AED 87,500/yr12 months · AED 73 per sqft
26 Aug 2020SoldReady
AED 1,180,000AED 982 per sqft
14 May 2017RentedRenewal
AED 135,960/yr9 months · AED 113 per sqft
14 May 2016RentedNew contract
AED 136,500/yr12 months · AED 113 per sqft
1 May 2015RentedNew contract
AED 140,000/yr12 months · AED 116 per sqft
1 May 2014RentedNew contract
AED 140,000/yr12 months · AED 116 per sqft
27 Mar 2014SoldReady
AED 2,375,000AED 1,977 per sqft

Source: Dubai Land Department. Updated 14 September 2023.

Key facts

Type
1-bed apartment
Size
1,201 sqft
Floor
3rd of 3
Parking
B-2850
Developer
Emaar
Completed
2006
Service charge
AED 26,400 /yr
Last sold
AED 1.18M · August 2020
Building
Zaafaran 4

About 301, Zaafaran 4

301 is a one-bedroom apartment of 1,201 sqft on the 3rd floor of Zaafaran 4, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 26 August 2020 for AED 1,180,000, or AED 982 per sqft.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 14 September 2023, is AED 115,000 a year: a gross yield of 9.8% on the 2020 price, before the service charge of about AED 26,400 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in Zaafaran 4
2M4M2009201420192024Typical sale price by year: 2009 AED 1,164,888; 2010 AED 1,771,888; 2011 AED 1,186,444; 2013 AED 1,670,000; 2014 AED 1,800,000; 2016 AED 1,600,000; 2021 AED 1,410,000; 2022 AED 1,625,000; 2023 AED 1,900,000; 2025 AED 3,600,000Sold by developer, July 2010: AED 1,319,091 (AED 1,098 per sqft)Sold, March 2014: AED 2,375,000 (AED 1,977 per sqft)Sold, August 2020: AED 1,180,000 (AED 982 per sqft)

301 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 301, each contractTypical one-bed in Zaafaran 4
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 95,000; 2014 AED 121,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 118,500; 2018 AED 114,000; 2019 AED 95,000; 2020 AED 84,334; 2021 AED 85,000; 2022 AED 90,000; 2023 AED 101,750; 2024 AED 130,000; 2025 AED 141,500New contract, September 2012: AED 100,000 a yearNew contract, May 2014: AED 140,000 a yearNew contract, May 2015: AED 140,000 a yearNew contract, May 2016: AED 136,500 a yearRenewal, May 2017: AED 135,960 a yearNew contract, September 2021: AED 87,500 a yearRenewal, September 2023: AED 115,000 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 4, and where 301 sits

All 28 1-beds →

Over the last 12 months one-beds sold for AED 3,000,000, around AED 2,329 per sqft, and rent for AED 140,000 to 250,000 a year. 301's AED 115,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Feb 20263,000,000
1 May 20252,650,000
15 Apr 20253,750,000
13 Jan 20253,600,000
1 1-bed sale in the last 12 months

Zaafaran 4

Building

45 apartments, 1-bed to 2-bed over 3 floors in The Old Town, completed in 2006 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,432
Typical sale
AED 3.19M
Typical rent
AED 165K /yr
Typical yield
5.4%
Zaafaran 4, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 45 units in Zaafaran 4
Value
3022-bedAED 2.76M · Mar 2011
3092-bedAED 2.89M · Aug 2010
3102-bedAED 3.2M · May 2025
3111-bedAED 1.65M · Oct 2013
3121-bedAED 1.41M · Aug 2021
3131-bedAED 596K · Sep 2019

301, Zaafaran 4 in numbers

  • Sold 3 times: first on 29 July 2010 for AED 1,319,091, last on 26 August 2020 for AED 1,180,000 (AED 982 per sqft).
  • Rented since September 2012 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 87,500 in 2021 and recovered to AED 115,000 by September 2023.
  • At AED 115,000 a year the gross yield on the 2020 price is 9.8%, before a service charge of about AED 26,400 a year (AED 21.94 per sqft).
  • One-beds in Zaafaran 4 sold for AED 3,000,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,432 per sqft.

Source: Dubai Land Department. Updated 14 September 2023.

Questions about 301, Zaafaran 4

What did unit 301 last sell for?

AED 1,180,000 on 26 August 2020: AED 982 per sqft for 1,201 sqft. The unit has 3 registered sales; the first was AED 1,319,091 in July 2010.

What is the rent for unit 301?

AED 115,000 a year on the contract renewed on 14 September 2023. The previous contract, from September 2021, was AED 87,500; the unit has been rented since September 2012.

How big is unit 301?

1,201 sqft (111.6 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Zaafaran 4 sold for AED 3,000,000 to 3,000,000 in the last 12 months, around AED 2,329 per sqft.

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Mortgage on 301, Zaafaran 4

Starts from the last sale price (AED 1.18M, 26 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

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