875 sqftZaafaran 5, The Old Town · 3rd floor · completed 2006

301, Zaafaran 5

Sold prices and rental history: sold once, by the developer in August 2009, and rented once, from July 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 10 July 2022
Last soldAED 2.6M2 August 2009
Current rentAED 75K /yr10 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Zaafaran 5

What is 301 worth today?

Last sold for AED 2,600,000 in 2009

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10 Jul 2022RentedRenewal
AED 74,750/yr12 months · AED 86 per sqft
2 Aug 2009Sold by developerReady
AED 2,600,000AED 2,971 per sqft

Source: Dubai Land Department. Updated 10 July 2022.

Key facts

Type
Apartment
Size
875 sqft
Floor
3rd of 3
Parking
B-2877
Developer
Emaar
Completed
2006
Service charge
AED 19,200 /yr
Last sold
AED 2.6M · August 2009
Building
Zaafaran 5

About 301, Zaafaran 5

301 is an apartment of 875 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 2 August 2009 for AED 2,600,000, or AED 2,971 per sqft.

One Ejari contract is registered, from 10 July 2022. The current contract, renewed on 10 July 2022, is AED 74,750 a year: a gross yield of 2.9% on the 2009 price, before the service charge of about AED 19,200 a year.

Zaafaran 5

Building

42 apartments 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 110K /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
302AED 2.6M · Aug 2009
303AED 2.6M · Aug 2009
304AED 2.6M · Aug 2009
305No registered sale
306AED 2.6M · Aug 2009
307AED 2.6M · Aug 2009
308AED 2.6M · Jul 2009
1–7 of 11

301, Zaafaran 5 in numbers

  • Sold once: by Emaar on 2 August 2009 for AED 2,600,000, or AED 2,971 per sqft.
  • Rented since July 2022 on one Ejari contract, at AED 74,750 a year.
  • At AED 74,750 a year the gross yield on the 2009 price is 2.9%, before a service charge of about AED 19,200 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 10 July 2022.

Questions about 301, Zaafaran 5

What did unit 301 last sell for?

AED 2,600,000 on 2 August 2009, sold by the developer: AED 2,971 per sqft for 875 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 74,750 a year on the contract renewed on 10 July 2022.

How big is unit 301?

875 sqft (81.3 sqm): an 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.

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Mortgage on 301, Zaafaran 5

Starts from the last sale price (AED 2.6M, 2 August 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 →