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

304, Zaafaran 5

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 24 October 2025
Last soldAED 2.6M5 August 2009
Current rentAED 130K /yr24 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Zaafaran 5

What is 304 worth today?

Last sold for AED 2,600,000 in 2009

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24 Oct 2025RentedNew contract
AED 130,000/yr12 months · AED 139 per sqft
1 Aug 2024RentedRenewal
AED 90,667/yr12 months · AED 97 per sqft
1 Aug 2023RentedRenewal
AED 82,425/yr12 months · AED 88 per sqft
1 Aug 2022RentedRenewal
AED 78,500/yr12 months · AED 84 per sqft
1 Aug 2019RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft
28 Dec 2017RentedNew contract
AED 105,000/yr12 months · AED 112 per sqft
1 Dec 2016RentedRenewal
AED 120,000/yr12 months · AED 128 per sqft
1 Dec 2015RentedNew contract
AED 120,000/yr12 months · AED 128 per sqft

Source: Dubai Land Department. Updated 24 October 2025.

Key facts

Type
Apartment
Size
937 sqft
Floor
3rd of 3
Parking
B-2871
Developer
Emaar
Completed
2006
Service charge
AED 20,600 /yr
Last sold
AED 2.6M · August 2009
Building
Zaafaran 5

About 304, Zaafaran 5

304 is an apartment of 937 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 2,774 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 24 October 2025, is AED 130,000 a year: a gross yield of 5.0% on the 2009 price, before the service charge of about AED 20,600 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
301AED 2.6M · Aug 2009
302AED 2.6M · Aug 2009
303AED 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

304, Zaafaran 5 in numbers

  • Sold once: by Emaar on 5 August 2009 for AED 2,600,000, or AED 2,774 per sqft.
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2019 and recovered to AED 130,000 by October 2025.
  • At AED 130,000 a year the gross yield on the 2009 price is 5.0%, before a service charge of about AED 20,600 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 24 October 2025.

Questions about 304, Zaafaran 5

What did unit 304 last sell for?

AED 2,600,000 on 5 August 2009, sold by the developer: AED 2,774 per sqft for 937 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 130,000 a year on the contract signed on 24 October 2025. The previous contract, from August 2024, was AED 90,667; the unit has been rented since October 2013.

How big is unit 304?

937 sqft (87.1 sqm): an apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 304 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 304, 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 →