303, Zaafaran 5
Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 303, Zaafaran 5
What is 303 worth today?
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Source: Dubai Land Department. Updated 18 December 2023.
Key facts
- Type
- Apartment
- Size
- 938 sqft
- Floor
- 3rd of 3
- Parking
- B-2870
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,600 /yr
- Last sold
- AED 2.6M · August 2009
- Building
- Zaafaran 5
About 303, Zaafaran 5
303 is an apartment of 938 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 5 August 2009 for AED 2,600,000, or AED 2,771 per sqft.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 18 December 2023, is AED 84,890 a year: a gross yield of 3.3% on the 2009 price, before the service charge of about AED 20,600 a year.
Zaafaran 5
Building42 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
Other units on the 3rd floor
All 42 units in Zaafaran 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 875 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 74,750 /yr | ||
| 302 | 978 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 110,000 /yr | ||
| 304 | 937 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 130,000 /yr | ||
| 305 | 981 sqft | No registered sale | 99,749 /yr | ||
| 306 | 980 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 92,610 /yr | ||
| 307 | 984 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 105,000 /yr | ||
| 308 | 994 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 90,000 /yr | ||
| 309 | 942 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 118,000 /yr | ||
| 310 | 939 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 110,000 /yr | ||
| 311 | 967 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 110,000 /yr | ||
| 312 | 1,455 sqft | AED 3.43MAED 3,425,000 · Jul 2009July 2009 | 170,000 /yr |
303, Zaafaran 5 in numbers
- Sold once: by Emaar on 5 August 2009 for AED 2,600,000, or AED 2,771 per sqft.
- Rented since November 2016 on 6 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2020 and recovered to AED 84,890 by December 2023.
- At AED 84,890 a year the gross yield on the 2009 price is 3.3%, before a service charge of about AED 20,600 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 18 December 2023.
Questions about 303, Zaafaran 5
What did unit 303 last sell for?
AED 2,600,000 on 5 August 2009, sold by the developer: AED 2,771 per sqft for 938 sqft. It is the only registered sale of the unit.
What is the rent for unit 303?
AED 84,890 a year on the contract renewed on 18 December 2023. The previous contract, from December 2022, was AED 80,850; the unit has been rented since November 2016.
How big is unit 303?
938 sqft (87.1 sqm): an apartment on the 3rd floor of a 3-storey tower completed in 2006.
What is unit 303 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 303, Zaafaran 5
Starts from the last sale price (AED 2.6M, 5 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 →