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

309, 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 309 · DLD and Ejari recordsUpdated 27 March 2025
Last soldAED 2.6M30 July 2009
Current rentAED 118K /yr27 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Zaafaran 5

What is 309 worth today?

Last sold for AED 2,600,000 in 2009

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27 Mar 2025RentedNew contract
AED 118,000/yr12 months · AED 125 per sqft
25 Jan 2023RentedRenewal
AED 77,000/yr12 months · AED 81 per sqft
25 Jan 2022RentedRenewal
AED 70,000/yr12 months · AED 74 per sqft
25 Jan 2021RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
2 Apr 2019RentedNew contract
AED 78,000/yr12 months · AED 82 per sqft
17 Oct 2017RentedNew contract
AED 105,000/yr12 months · AED 111 per sqft
6 Jan 2017RentedRenewal
AED 120,000/yr12 months · AED 127 per sqft
5 Jan 2016RentedNew contract
AED 119,678/yr12 months · AED 126 per sqft

Source: Dubai Land Department. Updated 27 March 2025.

Key facts

Type
Apartment
Size
942 sqft
Floor
3rd of 3
Parking
B-2876
Developer
Emaar
Completed
2006
Service charge
AED 20,700 /yr
Last sold
AED 2.6M · July 2009
Building
Zaafaran 5

About 309, Zaafaran 5

309 is an apartment of 942 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 2,600,000, or AED 2,760 per sqft.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 27 March 2025, is AED 118,000 a year: a gross yield of 4.5% on the 2009 price, before the service charge of about AED 20,700 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
304AED 2.6M · Aug 2009
305No registered sale
306AED 2.6M · Aug 2009
307AED 2.6M · Aug 2009
1–7 of 11

309, Zaafaran 5 in numbers

  • Sold once: by Emaar on 30 July 2009 for AED 2,600,000, or AED 2,760 per sqft.
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2021 and recovered to AED 118,000 by March 2025.
  • At AED 118,000 a year the gross yield on the 2009 price is 4.5%, before a service charge of about AED 20,700 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 27 March 2025.

Questions about 309, Zaafaran 5

What did unit 309 last sell for?

AED 2,600,000 on 30 July 2009, sold by the developer: AED 2,760 per sqft for 942 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 118,000 a year on the contract signed on 27 March 2025. The previous contract, from January 2023, was AED 77,000; the unit has been rented since October 2013.

How big is unit 309?

942 sqft (87.5 sqm): an apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 309 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 309, Zaafaran 5

Starts from the last sale price (AED 2.6M, 30 July 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 →